Deal Insight
ExxonMobil sells 15% interest in Sleipner area to Lotos for US$185 million
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Polish company Lotos E&P Norge is to farm into ExxonMobil's share in the Statoil-operated Sleipner Area fields with 15%, for a consideration of US$160m. The package also includes an additional US$25m for 28% of the Norwegian part of the nearby Alfa Sentral field, pending development approval. Similar to the Wintershall/Tellus deal earlier this year, a value-adjustment mechanism has been agreed, which will reflect oil and gas price rises between 2016 and 2020.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Grupa Lotos
- ExxonMobil
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Upstream assets: Table 1
- 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:
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