Oil India to Increase Shale Acreage and Gain Technology with Acquisition of Shale Gas Assets for $200 Million - Deal Analysis from GlobalData

GlobalData
January 27, 2012
6 Pages - SKU: GBDT6797502
License type:
Oil India to Increase Shale Acreage and Gain Technology with Acquisition of Shale Gas Assets for $200 Million - Deal Analysis from GlobalData

Summary

Oil India Limited (Oil India), an oil and gas company, intends to acquire shale gas assets in the US and Australia, for a purchase consideration of approximately $200m. The acquisition will include a 25% stake in oil and gas acreages in Texas.

Scope
  • Rationale behind Oil India acquiring Shale plays in Texas (US) and Australia
  • Stratigic benefits for the companies involved in the transaction
  • Geography covered - US and Australia
Reasons to buy
  • Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in the Shale plays in Texas (US) and Australia