Deal Insight

UI Energy (of Korea) acquires interests in Northern Iraq from Genel Enerji (of Turkey) for US$175 million

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Turkey's Genel Enerji has agreed to sell some of its non-operated equity in the Dihok, Tawke and Miran blocks in Iraqi Kurdistan blocks to South Korea's UI Energy Corporation for US$175 million. The deal requires ratification by the Kurdistan Regional Government (KRG), which is expected by the end of 2010. Parties Consideration Buyer(s) UI Energy Total Consideration (US$M) 175 Sellers(s) Genel Enerji Payment Method Cash Cash Offer Value ...

Table of contents

  • Executive summary
  • Upstream assets
  • Deal analysis
    • Genel Enerji
    • UI Energy Corporation
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Map of Tawke, Dihok and Miran Blocks
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    UI Energy (of Korea) acquires interests in Northern Iraq from Genel Enerji (of Turkey) for US$175 million

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