Solo Oil and Aminex to farm out Ruvuma Petroleum Sharing Agreement to Bowleven
Nov 20, 2015
Solo Oil has reached agreement with Aminex plc to farmout a 12.5% net working interest in the Ruvuma Petroleum Sharing Agreement in Tanzania to Aminex in a back-to back

88 Energy acquires additional Icewine acreage
Nov 20, 2015
88 Energy Limited is pleased to provide the following update.100% owned subsidiary of 88 Energy, Accumulate Energy Alaska Inc, in conjunction with Joint

TransCanada announces normal course issuer bid
Nov 20, 2015
TransCanada Corporation announced that the Toronto Stock Exchange (TSX) has approved its normal course issuer bid to purchase, for cancellation, up to

WPX completes sale of Van Hook gathering system
Nov 20, 2015
WPX Energy has completed the sale of a North Dakota gathering system for approximately $185 million to a private equity fund managed by the Ares EIF Group, a subsidiary of Ares Management, L.P.

Trilogy Energy to sell certain Duvernay assets for US$85 million
Nov 20, 2015
Trilogy Energy Corp. has entered into a definitive agreement to sell 11 net sections of its Duvernay mineral rights in the volatile oil window of its Kaybob Duvernay play for cash consideration

Claxton forms alliance with LR Senergy to offer full decommissioning service
Nov 20, 2015
Claxton Engineering Services Ltd, an Acteon company, has formed a collaborative alliance with energy services firm LR Senergy to provide clients with a fully managed, technically proficient

Costain saves operator millions in North Sea exploration project
Nov 20, 2015
UK engineering solutions provider Costain has been instrumental in helping Ithaca Energy save several millions of pounds, thanks to its sound management of subsea contracts

Shell-BG recommended combination receives Australian antitrust clearance
Nov 20, 2015
Royal Dutch Shell plc announced that its recommended combination with BG Group plc has received unconditional merger clearance from the Australian Competition and Consumer Commission. Together with the previously announced clearances in Brazil and EU, three of the five pre-conditions to the combination have now been satisfied.

Schlumberger acquires Fluid Inclusion Technologies, Inc.
Nov 18, 2015
Schlumberger has acquired Fluid Inclusion Technologies, Inc. (FIT), a US-based oil and gas service company specializing in laboratory analysis of trapped fluids in rock

Statoil exits Alaska
Nov 18, 2015
Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases.

PA Resources to divest its assets and apply for delisting
Nov 18, 2015
In April 2015, PA Resources AB's board of directors initiated a review of the company's strategic options with regards to the company's future.

Market volatility boosts NDT instrument rental fleet investments
Nov 18, 2015
Despite challenging times in the oil and gas sector, rental equipment specialist Ashtead Technology has continued to invest in its fleet of inspection instruments; adding over

InfraStrata to divest exploration assets
Nov 17, 2015
InfraStrata plc has re-organised its business and agreed to sell exploration based assets to focus on its strategic gas storage project in Northern Ireland.

Andes partners with Canacol Energy to develop Interoil licenses
Nov 17, 2015
Andes has entered into a Collaboration Agreement with Canacol Energy Ltd (Canacol) to develop the licences held by Interoil Exploration and Production ASA (Interoil).

Premier Oil sells Norwegian business for $120 million
Nov 17, 2015
Premier has agreed to sell Premier Oil Norge AS which comprises all its Norwegian assets, to Det norske oljeselskap ASA for a cash consideration of $120 million.

JKX Oil & Gas awarded Hungarian production licences
Nov 17, 2015
JKX Oil & Gas has been granted three 35-year production licences covering an area of approximately 75 sq km within its former Hernad I & II exploration licence areas in north-eastern Hungary.

Rose Petroleum updates Uinta Basin and Paradox Basin farm-in
Nov 17, 2015
Rose Petroleum has made the final payment of US$500,000 to Rockies Standard Oil Company regarding the acquisition of a 75% working interest in acreage in the Uinta Basin and Paradox Basin,

Unique Group acquires Aberdeen marine survey equipment firm GSE Rentals
Nov 17, 2015
Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental company of high quality geophysical, hydrographic and oceanographic marine survey equipment.

Highlands Natural Resources acquires leasehold interest
Nov 17, 2015
Highlands Natural Resources is pleased to announce that in line with its strategy to capitalise on the current oil price environment to acquire assets at a low cost, it has acquired

Gran Tierra to acquire all issued and outstanding shares of Petroamerica Oil Corp.
Nov 16, 2015
Gran Tierra Energy Inc. and Petroamerica Oil Corp., have entered into an arrangement agreement dated November 12, 2015 whereby Gran Tierra has agreed to acquire

QGC, partners to invest $1.2 billion in Australia's QCLNG project
Nov 16, 2015
QGC Pty Limited, along with joint venture partners China National Offshore Oil Corporation and Tokyo Gas, reported that a two-year, $1.2 billion (AUD 1.7 billion) development of its natural

Trican completes definitive amending agreements with lenders
Nov 16, 2015
Trican Well Service Ltd. has completed the definitive agreements with its bank lenders under its revolving credit facility (RCF), and with the holders of its senior notes, to make

SacOil terminates participation with Transnational Corporation
Nov 13, 2015
As previously announced to shareholders on 1 April 2015, SacOil terminated its participation with Transnational Corporation of Nigeria Plc, the operator of Oil Prospecting Licence 281.

Victory Energy to acquire proved producing reserves
Nov 13, 2015
Victory Energy Corporation has entered into a letter of intent to acquire 181 net barrels of oil equivalent per day (BOEPD). The company expects the acquisition to result in ~77.1% - 88.6%