One-Page Deal Sheet
Armour Inks Deal for Surat Basin Assets Onshore Australia
Armour Energy Ltd. Origin Energy Ltd.
Announced Date
September 02,2015
Close Date
September 01,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
9
Asset/Basin:
{"Surat Basin"}
TargetZones:
{"Permian section (R
Transaction Details: Subscribe to see
Armour Energy has executed Sale and Purchase Agreements to acquire the oil and gas interests of Origin Energy on the Roma Shelf in the Surat Basin, Queensland for AUD $13m (US$9,134,450) as an initial payment of $10m, then $3m (in $1m annual tranches over three years) from the first anniversary of gas sales. The execution of the Agreements follows a comprehensive tender process which culminated in Armour being selected as preferred tenderer in early August 2015.
Highlights: Armour executes agreements to acquire petroleum resources, tenures, production and transportation infrastructure assets…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-08-2021 |
-  |
- |
Click here | E&P | |
| Oct-14-2020 |
- |
- |
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| Dec-18-2019 |
- |
- |
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| Oct-14-2019 |
- |
- |
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| Oct-01-2018 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Aug-22-2018 | Santos Acquires Aussie E&P Quadrant in $2.8B Deal | - |
- |
| Oct-31-2016 | TAG Oil Acquires PL 17 in Australia's Surat Basin | - |
- |