How much more do you think BP would sell as part of post-Macondo divestments - Which Assets ????

BP’s divestments for funding post-Macondo costs was a key driver of 2010 activity, accounting for  9% of the world total activity or ~$20bn. Key deals included Pan American Energy to CNOOC; assets in 3 countries to Apache. BP is likely to have more divestments planned, may be only half way to its target.

BP has announced plans to divest certain assets in North Sea and in Louisiana. BP could also consider divesting a part of its interest in ...............................................

For more details look at http://www.derrickpetroleum.com/reports1.html

We have also recently published a report for E&P Business Development and New Ventures professionals working on deals globally. This report provides information on $93 billion of global oil and gas assets on the market.

The report provides details on ~500 opportunities:

·         Assets for sale

·         Corporate M&A opportunities

·         JV opportunities

·         Exploration farm-ins

You can view a sample copy of this report at http://www.derrickpetroleum.com/reports2.html

http://docsearch.derrickpetroleum.com/research/q/Apache.html

At year end 2010, Global Oil & Gas Assets on the market at record high level of $93 billion

2010 global M&A deal flow set a record high of $211bn, above the historic highs  that occurred during most of 2007-2008.  Measured by number of transactions above $100m, 2010 had 3  of the most active quarters in recent history.

Value of Global E&P transactions (USD billion)

At year end 2010 future outlook is strong, deals in play, on the market amount to $93bn. This compares with $46bn at year beginning and only $20bn mid 2009.

$93 Bn Assets on the market

For more details look at http://www.derrickpetroleum.com/reports1.html

We have also recently published a report for E&P Business Development and New Ventures professionals working on deals globally. This report provides information on $93 billion of global oil and gas assets on the market.

The report provides details on ~500 opportunities:

·         Assets for sale

·         Corporate M&A opportunities

·         JV opportunities

·         Exploration farm-ins

You can view a sample copy of this report at http://www.derrickpetroleum.com/reports2.html

For more information on the topic, please write to rupesh.govindan@derrickpetroleum.com