Deal Insight
Santos acquires Quadrant Energy for US$2.15 billion
Report summary
Santos has acquired Quadrant Energy for an upfront consideration of US$2.15 billion, plus a contingency payment linked to the recent oil find, Dorado. The deal centres around assets Santos knows well, offer near-term production growth and increased cash flow to fund its next phase of LNG growth projects. We value Quadrant Energy's onstream portfolio at US$1,791 million (NPV10, 2018 discount).
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Assets in which Santos has an existing position
- Other assets
- Dorado
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 15 images and tables including:
- Executive summary: Table 1
- Transaction details: Table 1
- Transaction details: Table 2
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Image 1
- Upstream assets: Table 1
- Upstream assets: Table 2
- Upstream assets: Table 3
- Upstream assets: Image 2
- Upsides and risks: Table 1
What's included
This report contains:
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