EnQuest to Buy Suncor Assets for up to $375 Million Using Refinanced Debt

Transaction Type
Buyers
Basin
UK North Sea
Announce Date
Post Date
Estimated Price
$375.0MM
Description

To buy 26.69% nonoperated equity interest in the Golden Eagle development area, comprising the producing Golden Eagle, Peregrine and Solitaire fields in the UK North Sea; expected to include around 10,000 boe/d or production and includes a contingent payment of up to $50 MM due 2H 2023.