Deal insight

PGN acquires KUFPEC's 25% interest in the Pangkah PSC for US$265 million

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

Perusahaan Negara Gas (PGN) via its wholly owned subsidiary Saka Energy has completed the acquisition of a 25% stake in the Pangkah PSC from KUFPEC. The purchase price is US$265 million. The deal is effective from 1 January 2013.Our valuation of KUFPEC's stake in the Pangkah PSC stands at US$251 million just slightly under the price paid by PGN. Our valuation includes the development of the Sidayu oil field in 2016 but does not attribute value to any uncontracted gas associated ...

What's included

This report contains

  • Document

    PGN acquires KUFPEC's 25% interest in the Pangkah PSC for US$265 million

    PDF 509.94 KB

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 8 images and tables including:

Images

  • Wood Mackenzie production and capex forecasts for Pangkah PSC (25% net)

Tables

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Upstream assets: Table 1

Questions about this report?

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