Chevron, Anadarko Petroleum $33 Billion Megadeal Rocks Upstream Landscape

Transaction Type
Buyers
Basin
D-J Basin; Permian Basin/Delaware Basin; US Gulf Of Mexico
Announce Date
Post Date
Estimated Price
48BB
Description

To acquire The Woodlands, TX-based independent E&P with assets across the globe including the Permian Basin, D-J Basin, deepwater US GoM, offshore Africa and Mozambique LNG; includes 200 MM shares, $8 B cash plus assumption of $15 B net debt.

Editor's note: Deal was terminated May 9, 2019.