We look forward to working with Shell, with our future colleagues and other stakeholders to complete this transaction.”
The North Sea has undergone a revolution in recent times with operating costs falling to competitive economic levels, and we believe this signals a moment for a generational change in the basin.”
On completion of the acquisition, Chrysaor will become one of the largest producers of oil and gas in the UK.
Asset package value
boepd produced by the assets in 2016
Barrels of oil equivalent proven and probable (2P) reserves
Chrysaor completes acquisition of Shell package and becomes the leading UK North Sea independent E&P CompanyPDF 343KB
Chrysaor confirms that it has completed the syndication of its inaugural Reserves Based Loan facilityPDF 164KB