Deal Insight

Rockhopper enters Europe via US$32 million cash and share acquisition of Mediterranean Oil & Gas

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Rockhopper's offer represents a 16% premium to MOG's market price. Yet our valuation is materially higher than the purchase price. The discount reflects the substantial risks MOG faces with its commercial portfolio in Italy, namely the technically challenging and complex Ombrina Mare development. Should Rockhopper manage to navigate this project to production, it stands to generate considerable value from this deal.

Table of contents

  • Executive summary
  • Transaction details
    • Italy
    • Malta
    • Other potential exploration acreage
  • Deal analysis
    • Upsides
    • Risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes the following images and tables:

  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    Rockhopper enters Europe via US$32 million cash and share acquisition of Mediterranean Oil & Gas

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