One-Page Deal Sheet
Oil India Aims at Stake In ConocoPhillips, Chesapeake
Transaction Details: Require Private Equity Subscription
Oil India Ltd. said Monday it is in talks to buy stakes in ConocoPhillips’s oil sand assets in Canada, Chesapeake Energy Corp.’s Mississippi Lime formation in the U.S. and the Gabon assets of France’s Etablissements Maurel et Prom SA as it seeks to expand its footprint overseas and increase production through acquisitions.
“We have earmarked 60 billion rupees-70 billion rupees ($1.09 billion-$1.27 billion) for overseas acquisitions,” Finance Director T.K. Ananth Kumar said.
“We have appointed bankers and also identified the regions. We are moving in the right direction,” he told a news…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Aug-22-2022 |
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Click here | British Columbia | E&P |
| Aug-01-2022 |
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Click here | Alberta | E&P |
| Jun-29-2022 |
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Click here | Alberta | E&P |
| Dec-15-2021 |
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Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-15-2021 | Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal | - ![]() |
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| Mar-01-2021 | Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt) | - ![]() |
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| Nov-09-2020 | Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset | - ![]() |
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