MedcoEnergi closes its acquisition of Ophir Energy
Date
May 28, 2019
Type
M&A Transactions
Subtype
Transaction completed
Countries
Indonesia
Subsectors
O&G Upstream
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PT Medco Energi Internasional Tbk announced the completion of the acquisition of Ophir Energy plc2 in a recommended all-cash offer valued at GBP408.4 million (US$517.17 million).
Ophir operates across the full cycle of Upstream activity with production, development and exploration assets in Asia and exploration, appraisal and production assets in Africa.
