One-Page Deal Sheet
Centrica, Qatar Seal Deal for Suncor Producing WCSB Assets
Centrica Plc, Qatar Petroleum Suncor Energy Inc.
Announced Date
May 17,2013
Close Date
September 26,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
1000
Asset/Basin:
{"Western Canadian Sedimentary Basin"}
Transaction Details: Subscribe to see
Closing Announcement - September 26, 2013
Centrica and Qatar Petroleum International (QPI) have completed a C$1 billion agreement with Suncor Energy to acquire a package of producing oil and natural gas assets in the Western Canadian Sedimentary Basin.
The assets include proven and probable (2P) reserves estimated by the partners at 978 billion cubic feet equivalent (90% natural gas), with estimated 2013 production of approximately 250 million cubic feet equivalent per day.
On behalf of the partnership, Centrica Energy will operate these assets, along with its existing portfolio, making it…
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| Feb-19-2014 | Devon Wraps Up Major Canadian Sale | -  |
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