Deal insight

PetroVietnam acquires ConocoPhillips' interest in Peru's Block 39

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

PetroVietnam has announced the acquisition of ConocoPhillips' 35% stake in Block 39, Peru. The block contains sizable heavy oil reserves in three undeveloped fields, plus considerable exploration upside. However, Block 39 lies in an environmentally sensitive area in north-east Peru; with no existing infrastructure, the development will be challenging. Wood Mackenzie's base case valuation of the 35% stake in Block 39 is US$603 million (NPV10, discounted to January 2011). However, ...

What's included

This report contains

  • Document

    PetroVietnam acquires ConocoPhillips' interest in Peru's Block 39

    PDF 763.20 KB

Table of contents

Tables and charts

This report includes 6 images and tables including:

Images

  • Block 39 Map
  • Strategic fit of Latin American interests within the Majors and Large Cap IOCs global portfolios

Tables

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898