We're expecting to deliver value through improving efficiencies, adding reserves, improving operating uptime and bringing in new technologies to ensure we can deliver a sensitive risk return on that basis, this isn't a bet on the oil price, because it could be with us for a while.

Centrica Sam Laidlaw

Categorized in : Mergers & Acquisitions

Very few people have actually invested in scale because there haven't been any large-scale private equity funds really devoted to international E&P.

Centrica Sam Laidlaw

mergers-acquisitions

The timing is good, a lot of the super majors are going through portfolio restructuring and national oil companies might be pulling back because of the lower oil price.

Centrica Sam Laidlaw

mergers-acquisitions