Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Oil India Aims at Stake In ConocoPhillips, Chesapeake

Oil India Ltd. Chesapeake Energy Corp, ConocoPhillips
AnnouncedMay 29, 2012
TypeProperty
LocationCanada Oil Sands
Announced Date
May 29,2012
Close Date
May 29,2012
Transaction Type
Property




Snapshot
TargetZones:
{"Mississippi Lime"}
Location
Region
Canada

Country
Gabon

Country
India

Play



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…



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Price History



Date Deal Headline Price$/acre
Dec-15-2021 Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal - -
Mar-01-2021 Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt) - -
Nov-09-2020 Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset - -