One-Page Deal Sheet
Total Ups Ante in the GOM; Picks Up Assets from Bankruptcy Auction
Total SA Cobalt International Energy, Inc.
Announced Date
April 11,2018
Close Date
April 10,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
300
Asset/Basin:
{"Gulf of Mexico",Wilcox}
TargetZones:
{Wilcox}
Transaction Details: Subscribe to see
Total has acquired several assets located in the Gulf of Mexico as part of the Cobalt International Energy’s bankruptcy auction sale. Total submitted offers on several assets amounting to $300 million.
Asset Details: A 20% interest in the North Platte discovery. As a result, Total increases its interest to 60% and becomes operator of this discovery. Total will have Statoil as a partner, who acquired the remaining 40%. A 20% interest in the Anchor discovery. As a result, Total increases its interest to 32.5%, after having acquired 12.5% last December. This discovery is operated by Chevron. 13…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-15-2024 |
-  |
- |
Click here | Louisiana | E&P |
| Sep-22-2022 |
- |
- |
Click here | E&P | |
| May-25-2022 |
- |
- |
Click here | E&P | |
| Apr-05-2022 |
- |
- |
Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-15-2024 | Talos Acquires QuarterNorth Energy For $1.2 Billion | - |
- |
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - |
- |
| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - |
- |