Deal Insight
PTTEP acquires a 40% stake in the Kai Kos Dehseh oil sands project
This report is currently unavailable
Report summary
PTT Exploration and Production (PTTEP) has acquired a 40% interest in the Kai Kos Dehseh (KKD) oil sands project from Statoil for US$2.3 billion. Statoil will retain a 60% stake and operatorship.Statoil acquired KKD in 2007 for US$2 billion. It has since invested US$1.5 billion in proving up reserves, including drilling in the region of 400 exploration and appraisal wells. This latest deal values the KKD project at US$5.8 billion, implying that Statoil has effectively created US$2.3 ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- A Phased Approach
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
-
Strategic rationale
- PTTEP
- Statoil
- Oil & gas pricing and assumptions
Tables and charts
This report includes 9 images and tables including:
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Kai Kos Dehseh
- Upstream assets: Table 1
- Project Sensitivities (Wood Mackenzie base case)
- PTTEP Liquids Production Forecast
- Strategic rationale: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Logan zinc mine project
A detailed analysis of the Logan zinc mine project.
$2,250
Asset Report
KKD Leismer
The KKD Leismer project is located in the Athabasca oil sands region of Alberta, 80 kilometres southwest of Fort McMurray.
$3,100
Asset Report
Snow Lake gold (closed) mine
A detailed analysis of the Snow Lake gold (closed) mine.
$2,250
