Deal Insight

Oil Search acquires 23% stake in Elk/Antelope (PNG)

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

This transaction follows the December 2013 deal between Total and InterOil for a majority stake in the same acreage. The Total/InterOil deal was dependent on InterOil acquiring these minority Pac LNG Group interests in PRL15, so we understand that Total's deal cannot complete in its present format and further negotiations are likely. Furthermore, as Oil Search now holds pre-emption rights it can influence any further transfer of equity on the block.

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 5 images and tables including:

  • Transaction details: Table 1
  • Gulf Region of Papua New Guinea
  • Comparison of Elk/Antelope deal metrics
  • Recent LNG feedgas deal metrics
  • Oil & gas pricing and assumptions: Table 1

What's included

This report contains:

  • Document

    Oil Search acquires 23% stake in Elk/Antelope (PNG)

    PDF 2.76 MB