M&A Deal Summary |
|
|---|---|
| Date | 2007-01-25 |
| Target | Williston Basin Acquisition |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Encore Acquisition |
| Sellers(s) | Anadarko Petroleum |
| Deal Type | Divestiture |
| Deal Value | 410M USD |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Oil/Gas Exploration |
| Employees | 164 |
Encore Acquisition Company is engaged in the development of onshore North American oil and natural gas reserves. Encore has acquired high-quality assets and grown through drilling, waterflood, and tertiary projects. Encore's properties are located in the Rockies, the Mid-Continent, and the Permian Basin.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2007) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1959 |
| Sector | Oil/Gas Exploration |
| Employees | 5,800 |
| Revenue | 12.9B USD (2018) |
Anadarko Petroleum Corp. is an independent oil and natural gas exploration and production company. Anadarko Petroleum was formed in 1959 and is based in The Woodlands, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 10 |
| Sector (Oil/Gas Exploration) | 3 of 9 |
| Type (Divestiture) | 3 of 9 |
| Country (United States) | 3 of 7 |
| Year (2007) | 2 of 4 |
| Size (of disclosed) | 7 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-18 |
Anadarko 28 Permian Basin Oil Fields
United States Anadarko 28 Permian Basin Oil Fields are anticipated to produce approximately 12,000 barrels of oil equivalent per day (net) from approximately 3,950 wells within 143,000 net acres. |
Sell | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-21 |
Anadarko Petroleum - Africa Assets
South Africa Anadarko Petroleum Corp. - Africa Assets are Algeria: 24.5% participating interest and operatorship of blocks 404a and 208 (Hassi Berkine, Ourhoud, and El Merk fields) in the Berkine basin in which Total already owns 12.25%. These fields represented a gross production of 320 kboe/d in 2018. Ghana: 27% participating interest in the Jubilee field and 19% participating interest in the TEN fields. These fields represented a gross production of 143 kb/d in 2018. Mozambique: 26.5% participating interest and operatorship in Area 1 where a 12.8 million tonne per year LNG project is largely derisked and close to sanction. Area 1 contains more than 60 Tcf of gas resources, of which 18 Tcf will be developed with the first two train project which is expected to come into production by 2024. South Africa: exploration licences, close to Total’s recent Brulpadda discovery. |
Sell | $350M |
