Deal insight

Sinopec acquires Daylight Energy for US$2.8 billion

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

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 ...

What's included

This report contains

  • Document

    Sinopec acquires Daylight Energy for US$2.8 billion

    PDF 341.01 KB

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 6 images and tables including:

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

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898