Deal Insight
Noble Energy acquires Rosetta Resources for US$3.9 billion
This report is currently unavailable
Report summary
Our base case valuation is US$3.94 billion (NPV10, May 2015). We forecast that most of Rosetta's drilling locations are economic in the current price environment, though we believe Noble will wait for commodity prices to recover before beginning full scale exploitation of the early life Wolfcamp asset. Substantial upside exists through successful development of the Upper Eagle Ford and another bench of the Wolfcamp, with potentially US$1 billion of additional value from 400 net well locations.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 11 images and tables including:
- Executive summary: Table 1
- Rosetta's Eagle Ford position
- Average max month rate and count of operated wells in Maverick Condensate
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Deal analysis: Table 5
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Deal Insight
Harbour Energy acquires Wintershall Dea in a reverse takeover
A transformative deal that continues the Harbour's remarkable growth story
$1,650
Asset Report
Seneca Resources - US West Coast
Seneca Resources explores for and produces oil and natural gas from the West Coast, Northeast, and Mid-Continent regions. In ...
$3,100
Asset Report
KNOC Alberta
Korea National Oil Corporation (KNOC) entered western Canada in December 2009, through the acquisition of Harvest Energy Trust for a ...
$3,100
