A quality data room is key to any successful oil and gas asset divestment or project farm-out. Potential buyers or partners make their decision whether to make an offer based on the information made available to them. It also influences their offer size and quality. Therefore, it is important to prepare an easy-to-navigate and buyer-friendly…
With 116 oil and gas exploration and production companies listed on the ASX, Petroleum Deals in Play analyses their regional focus. Australian versus International Assets Over 50% of ASX-listed oil companies focus solely on their international oil and gas projects, whereas only 24% concentrate all their efforts on Australia. 22 companies are advancing projects both…
When oil and gas assets are passed along to the next operator rather than decommissioned prematurely, the industry benefits from greater job retention and improved ultimate hydrocarbon recovery. There are many well known cases where potential sellers and buyers have been unable to agree terms on how to address decommissioning liabilities, but there are also…