One-Page Deal Sheet
Core Energy Enters Agreement to Acquire Norwegian Assets
Core Energy ConocoPhillips
Announced Date
May 21,2013
Effective Date
January 01,2013
Transaction Type
Property
Asset/Basin:
{"Norwegian Sea","North Sea"}
Transaction Details: Subscribe to see
Core Energy today announces that it has entered into agreements to acquire a 12% interest in the producing Njord field from GDF SUEZ E&P Norge AS and a 20% interest in the Bøyla development project from ConocoPhillips Skandinavia AS. Both transactions are effective as of 1st January 2013, and subject to customary approvals by the Norwegian authorities.
Core Energy’s CEO Jan Harald Solstad commented: “The acquisition of the Njord and Bøyla interests doubles our 2P reserves to more than 30 million boe, and takes the daily production from our portfolio to circa 10,000 boe in 2013, and up to…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Aug-22-2013 |
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- |
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| Aug-20-2013 |
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| Aug-14-2013 |
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| Aug-08-2013 |
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| Aug-07-2013 |
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