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Announced

Completed

MONTARA OIL PROJECT / JADESTONE ENERGY INC / PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED / Acquisition / Private / £149m

Financials

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Transaction Value£149m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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oil project

Integrated Oil and Gas

Australia

Private

Acquisition

Completed

Friendly

Single Bidder

Synopsis

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Jadestone Energy Inc. announced that it has completed its acquisition of the Montara oil project, offshore Australia. Upon completion, Jadestone paid to PTTEP the purchase price of US$195 million and certain customary closing adjustments.

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