Deal Insight

Sumitomo acquires a 30% interest in Devon Energy's Cline Shale and Wolfcamp Shale assets

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

10 August 2012

Sumitomo acquires a 30% interest in Devon Energy's Cline Shale and Wolfcamp Shale assets

Report summary

Sumitomo has entered into an agreement with Devon Energy to acquire a 30% working interest in Devon's Wolfcamp and Cline shale acreage in the Permian Basin. The nominal consideration of the deal is US$1.365 billion, making this the largest transaction in the emerging Wolfcamp Shale to date.The Permian has always been a major oil producing Basin in the US, and as such, it has become the focus of operators as they abandon gas plays in a frantic flight to oil. The emerging Wolfcamp and ...

Table of contents

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Wolfcamp and Cline shales in West Texas
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Wood Mackenzie modelling assumptions for Production and 2P Commercial Reserves

What's included

This report contains:

  • Document

    Sumitomo acquires a 30% interest in Devon Energy's Cline Shale and Wolfcamp Shale assets

    PDF 1.08 MB

Other reports you may be interested in

Browse reports by Industry Sector