Deal Insight
PTTEP and Statoil agree a swap deal for their interests in the Kai Kos Dehseh oil sands project (see deal 13388)
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Report summary
On 30 January 2014, Statoil and PTTEP agreed to swap assets within the Kai Kos Dehseh oil sands project. PTTEP, previously a 40% stakeholder in all properties, will now take on operating duties and sole ownership of the Thornbury, Hangingstone and South Leismer leases. Statoil increases its 60% stake in the Leismer and Corner projects to 100%, gaining full control of the more advanced development areas. Key Facts Parties ...
Table of contents
- Executive summary
- Transaction details
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Upstream assets
- Leismer development
- Leismer and Corner expansions
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Deal analysis
- Enviable long-term growth opportunities from Thornbury, Hangingstone and South Leismer
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Strategic rationale
- PTTEP
- Statoil
Tables and charts
This report includes 4 images and tables including:
- Executive summary: Table 1
- Kai Kos Dehseh projects
- Leismer demonstration project performance to date
- Kai Kos Dehseh map - pro forma block ownership
What's included
This report contains: