Woodside completes acquisition of ConcoPhillips' interests in Senegal
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Further to Woodside’s ASX announcement dated 14 July 2016, Woodside has announced completion of the transaction to acquire 100% of the shares in ConocoPhillips Senegal B.V.
The transaction has completed for a purchase price of US$350 million plus net customary adjustments of approximately US$90 million.
The acquisition includes a 35% working interest in three offshore exploration blocks, which contain the SNE and FAN deepwater oil discoveries in Senegal.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/31102016/woodside-completes-acquisition-of-concophillips-interests-in-senegal/
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