One-Page Deal Sheet
Chrysaor Acquires Large North Sea Position from Shell in $3.0B Deal
Chrysaor Shell plc
Announced Date
January 31,2017
Effective Date
July 01,2016
Close Date
November 01,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
3000
Location
Calculated Metrics( EV/Category)
Region
North Sea
Country
United Kingdom
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Require Private Equity Subscription
Chrysaor Holdings is set to acquire a package of assets in the UK North Sea from Shell U.K Limited and its affiliates for a price of $3.0 billion.
In addition, future payments may be made between the two companies, contingent upon future exploration results and commodity prices. The transaction is subject to regulatory and partner consents and is expected to complete in the second half of 2017.
The package consists of Shell’s interests in Beryl, Bressay, Buzzard, Elgin-Franklin, Erskine, Everest, the Greater Armada cluster, J Block, Lomond, plus a 10% stake in Schiehallion.
On completion of…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-08-2020 |
-  |
- |
Click here | E&P | |
| Jan-08-2020 |
- |
- |
Click here | E&P | |
| Oct-16-2019 |
- |
- |
Click here | E&P | |
| Oct-01-2018 |
- |
- |
Click here | E&P | |
| Jul-03-2018 |
- |
- |
Click here | E&P |