Serinus Energy signs agreement to sell Ukraine interests
Dec 25, 2015
Serinus Energy Inc. has entered into an agreement for the sale of all of the 70% of the outstanding shares of KUB-Gas Holdings Limited currently owned by Serinus.

Caza Oil and Gas closes $45.5 million equity financing
Dec 25, 2015
Caza Oil & Gas, Inc. has closed the equity financing and debt restructuring transactions announced on December 15, 2015, including the issue and sale to

LGO Energy no longer in active discussions to acquire Trinity-Inniss
Dec 25, 2015
LGO clarifies that whilst formal negotiations with the owners of FRAM Exploration (Trinidad) Limited, which holds the Trinity-Inniss Incremental Production Services Contract

Bigas has become 100% Cavagna Group
Dec 25, 2015
The decision is coherent with the development strategies of the Cavagna Group, including directly and with increasing interest in the field of engines conversion to LPG/CNG fuel.

Shoreline Energy Corp. files bankruptcy
Dec 24, 2015
Shoreline Energy Corp. has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) on December 23. Pursuant to the Assignment, Grant Thornton Limited

Hawk Exploration amends bank credit facility
Dec 24, 2015
Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.

Resolute Energy closes sale of Gardendale assets in the Midland Basin
Dec 24, 2015
Resolute Energy Corporation has closed the sale of its Gardendale assets in the Midland Basin of West Texas to a private party for a purchase price of $177.5 million.

WesternZagros adds flexibility to debt drawdown timing
Dec 24, 2015
WesternZagros Resources Ltd. has reached an agreement with its major shareholder, Crest Energy International, LLC (Crest), to defer the latest first drawdown notice date

Premier Oil completes sale of Norwegian business
Dec 24, 2015
Premier Oil has completed the disposal of Premier Oil Norge AS to Det norske oljeselskap ASA for a net cash consideration of $120 million.

KKR to provide asset management services to the oil and gas industry
Dec 24, 2015
Gglobal investment firm KKR has signed an agreement to pursue acquisitions and investment opportunities by establishing an integrated entity to provide asset management services

Wintershall says sale of Norway assets to Tellus Petroleum will not be completed
Dec 23, 2015
Following a request from Tellus Petroleum, Wintershall has consented to release the company from its obligations under the Sales and Purchase Agreement announced on June 18, 2015.

Kongsberg Maritime strengthens simulator capacity by acquiring SMSC
Dec 23, 2015
Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC).

Optimus Seventh Generation sees client numbers double
Dec 23, 2015
Optimus Seventh Generation has reported significant growth throughout 2015, having seen the number of Clients using Induction Plus™ double this year on last. The Aberdeen-based

Encana's DJ Basin sale expected to close in second quarter of 2016
Dec 23, 2015
Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its DJ Basin assets to Crestone Peak Resources,

Independent Oil and Gas completes Skipper acquisition
Dec 23, 2015
Independent Oil and Gas plc has confirmed the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG now owns 100% of the

Nostra Terra Oil & Gas gets extension of $25 million credit facility
Dec 23, 2015
Nostra Terra says that Texas Capital Bank has agreed to a three year extension of the lending facility until 31 January 2019.

Aminex receives a six month extension loan extension
Dec 22, 2015
Aminex has received a six month extension to the repayment of its corporate loan facility to 31 July 2016 has been agreed in principle. The extension will provide the Company

Update on the recommended combination between Royal Dutch Shell plc and BG Group plc
Dec 22, 2015
Royal Dutch Shell plc (Shell) and BG Group plc (BG) say that, following satisfaction of the final pre-condition to the recommended combination and with the unanimous approval of both boards,

OMV and partners sign agreement for takeover of EconGas by OMV
Dec 22, 2015
The owners of EconGas GmbH, OMV (64.25%), EVN (16.51%), Wien Energie (16.51%) and Energie Burgenland (2.73%), have signed an agreement for the takeover of all

Enerplus completes sale of non-operated interests in North Dakota
Dec 22, 2015
Enerplus Corporation has completed the previously announced divestment of a portion of its non-operated interests in North Dakota for cash proceeds of approximately $80 million,

Pacific Exploration & Production acquires remaining 50% working interest in CPE-6 Block
Dec 22, 2015
Pacific Exploration & Production Corp.’s wholly-owned subsidiary Meta Petroleum Corporation has reached an agreement with Talisman Colombia Oil & Gas Ltd. to acquire

Petro River to acquire Horizon Energy Partners' oil and gas interests
Dec 22, 2015
Petro River Oil Corp. updates the development progress of two separate oil and gas interests comprising approximately 28,000 acres in the Dorset area of Southern England.

Wood Group acquisition of Kelchner Inc. strengthens onshore US construction capabilities
Dec 22, 2015
Wood Group has acquired Kelchner Inc. (Kelchner), a privately-owned US-based provider of construction and energy field services. Kelchner will operate within the

African Petroleum signs new production sharing contract with Ophir Energy
Dec 22, 2015
African Petroleum has entered into a new Production Sharing Contract with Ophir Energy plc covering the Company's CI-513 licence area in Côte d'Ivoire.