Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
OKEA to acquire package of A/S Norske Shell’s interests on the Norwegian Continental Shelf for USD 566m
June 20, 2018

Seacrest-backed OKEA has acquired Norske Shell's 44.56% operating ownership in Draugen and 12% non-operator ownership in Gjøa for USD 566m. The fields is expected to deliver a daily production of 22,000 barrels of oil. Bangchak Corporation PCL have entered into a strategic partnership with Seacrest Capital Group, and together they will finance the acquisition.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
Our insights have been covered by: