Deal Insight
Pluspetrol acquires Peru's Blocks 56 and 88 from SK Innovation for US$1.1 billion
Report summary
Pluspetrol is acquiring a 17.6% stake in the Peruvian gas and condensate Blocks 56 and 88 from SK Innovation for a total consideration of US$1.05 billion. If approved by the Peruvian government, Pluspetrol will hold a 44.8% operated stake in both blocks. Following the sale, SK Innovation will retain an interest in Peru's upstream sector with an 8.33% stake in the Pluspetrol-operated oil producing Block 8. Additionally, the company will keep its 20% stake in the Peru LNG plant, which is not part of this deal.
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:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Latin America is core for Pluspetrol portfolio
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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