Australia M&A - INPEX & TotalEnergies to acquire Cash-Maple from PTTEP

(Originally published on August 21, 2023)

Earlier today, INPEX and TotalEnergies announced that they have agreed to acquire PTTEP's 100% interest in the AC/RL7 permit that contains the undeveloped Cash-Maple gas field. INPEX will acquire 74% and TotalEnergies 26%. No deal value has been announced, with completion conditional on regulatory approvals.