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Maersk Oil Acquires 20% Interest in HKN Energy - The Deal Marks Maersk Oil's Entry Into the Kurdistan Region in Iraq Product Image

Maersk Oil Acquires 20% Interest in HKN Energy - The Deal Marks Maersk Oil's Entry Into the Kurdistan Region in Iraq

  • ID: 1957846
  • November 2011
  • Region: Iraq
  • 7 pages
  • GlobalData

Maersk Oil Acquires 20% Interest in HKN Energy - The Deal Marks Maersk Oil’s Entry Into the Kurdistan Region in Iraq - Deal Analysis From GlobalData

Summary

Maersk Oil completed the acquisition of a 20% stake in HKN Energy Ltd. (HKN Energy) from Hillwood International Energy. Notably, HKN Energy has only one asset – Sarsang license, located in the Kurdistan region in Iraq. HKN Energy holds a 75% interest in and operatorship of the Sarsang license area in northern Kurdistan, on the prospective Zagros Fold belt. The license covers an area of 340,000 acres (1,200 square kilometers).

Scope

- Rationale behind Maersk Oil acquiring interest in Kurdistan,
- Strategic benefits for the companies involved,
- Geography covered -Iraq

Reasons to buy

- Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in Middle East and African industry,
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Iraq's oil & gas market,
- Get a detailed analysis of a deal to enable you to take better decisions.

Keywords

Maersk Oil, HKN Energy, Hillwood, Sarsang, Kurdistan, Iraq, Zagros, Marathon, Swara Tika

1
1

1.1 List of Tables
1.2 List of Figures
2 Maersk Oil Acquires 20% Interest in HKN Energy
2.1 Deal Overview
2.2 Deal in Brief
2.3 Details of the Deal
2.4 Maersk Oil Looks for Knowledge and Experience of Operating in Kurdistan
2.5 Kurdistan is Witnessing Increased Attention from Oil and Gas Investors
2.6 Deal Financials and Valuations
3 Appendix
3.1 Methodology
3.2 Contact Us
3.3 Disclaimer

1.1 List of Tables
Table 1: Sarsang License, Key Statistics, November 2011
Table 2: Sarsang License, Equity Details, November 2011
Table 3: Kurdistan, Asset Transactions and Acquisitions, 2010–2011 (November)
Table 4: Companies Involved
Table 5: Financials of the Deal
Table 6: Target Information
Table 7: Acquirer Information
Table 8: Vendor Information

1.2 List of Figures
Figure 1: Sarsang License Area, Location Map
Figure 2: Kurdistan, Oil and Gas Activity Map, August 2011

Note: Product cover images may vary from those shown

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