Deal Insight
Sinopec acquires Daylight Energy for US$2.8 billion
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Sinopec is to acquire Canadian independent Daylight Energy for Cdn$2.9 billion (US$2.8 billion). Daylight's operations are focused on western Canada's Deep Basin. The portfolio is geographically compact, but encompasses a broad range of plays. Daylight's current production is split 40% liquids / 60% gas, with recent efforts centred on increasing its liquids weighting. The company's growth relies on the future development of its unconventional resource base. As well as ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Pembina
- West Central
- Elmworth
- Duvernay
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
-
Strategic rationale
- Sinopec
- Daylight Energy
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Transaction details: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Sinopec Alberta
Sinopec Daylight Energy was created through the acquisition of Daylight Energy by Sinopec International Petroleum in 2011. Prior to the ...
$3,720
Insight
Taking global deepwater assets from good to great
Which deepwater assets will be the most coveted portfolio options in the 2030s?
$1,350
Asset Report
KNOC Alberta
Korea National Oil Corporation (KNOC) entered western Canada in December 2009, through the acquisition of Harvest Energy Trust for a ...
$3,720
