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Perfco International Energy Plans To Acquire 70% Interest In Block 21 In Vietnam - The Company Is Focused On Expanding Its Core Operations In The Country
GlobalData, April 2011, Pages: 6
Perfco International Energy Plans To Acquire 70% Interest In Block 21 In Vietnam - The Company Is Focused On Expanding Its Core Operations In The Country - Deal Analysis from GlobalData
Summary
Perfco International Energy Inc. (Perfco) intends to acquire 70% interest in block 21, located in the Nam Con Son basin, offshore Vietnam, from PetroVietnam Exploration and Production Corporation (PetroVietnam). The block covers an area of 1,131,742 acres.
Following the completion of the transaction, PetroVietnam, the working interest partner in the block, will hold a 30% interest in the block.
Scope
- Rationale behind Perfco planning to acquire stake in Block 21, Vietnam from PetroVietnam,
- Strategic Benefits for Perfco to look for exploration assets in Vietnam,
- Geography covered -Vietnam
Reasons to buy
- Develop a sound understanding of the major M&A's, Partnerships, And Joint Ventures taking place in Asian industry,
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Vietnam's oil & gas market,
- Get a detailed analysis of a deal to enable you to take better decisions.
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