One-Page Deal Sheet
MEO Australia to Farm-In to Taranaki Basin Puka Discovery
Meo Australia Ltd. Kea Petroleum Plc
Announced Date
April 07,2014
Close Date
May 02,2014
Transaction Type
Farm-In/Farm Out
Enterprise Value (EV)($MM)
4
Location
Region
Asia - Pacific
Country
New Zealand
Play
Production & Reserves Reserves
Transaction Details: Subscribe to see
Update Announcement - May 2, 2014
Kea Petroleum plc, the oil and gas company focused on New Zealand, is pleased to announce that New Zealand Ministerial Consent has been granted to the transfer of a 30% participating interest in PEP 51153 to MEO Australia Ltd.
This consent represents the final condition to approve the transfer under the staged farm-out agreement announced on 7 April 2014.
The PEP 51153 permit covers an area of 104.4 sq km situated onshore along the Eastern Margin of the Taranaki Basin, New Zealand's prolific hydrocarbon province.
Under the Agreement, MEO will earn a 30%…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-08-2021 |
-  |
- |
Click here | E&P | |
| Mar-21-2019 |
- |
- |
Click here | E&P | |
| Nov-17-2016 |
- |
- |
Click here | E&P | |
| Jul-21-2016 |
- |
- |
Click here | E&P | |
| Dec-12-2014 |
- |
- |
Click here | E&P |