Gulf Keystone Petroleum receives two payments in two monthsOct 16, 2015Gulf Keystone Petroleum (GKP) gets much-needed revenues and a second payment starts to give Kurdistan companies (and investors) a taste that these payments
Nostra Terra and Independent Resources complete acquisition of East Ghazalat interestOct 16, 2015Nostra Terra, in a newly-formed joint venture with Independent Resources plc, has completed the acquisition of the 50 per cent. interest in the East Ghazalat concession
Germany's DEA to buy E.ON Norway oil and gas businessOct 15, 2015DEA Deutsche Erdoel AG acquires 100% of the shares of E.ON’s Norwegian oil and gas business to create an enlarged Norwegian portfolio more than
TAG Oil reports reduction in forward guidance and reduced capital spendingOct 15, 2015TAG Oil Ltd. is cutting its forward guidance and planned capital expenditures for the remainder of fiscal 2016 in response to the low commodity price environment,
Det norske acquires Svenska Petroleum’s Norwegian subsidiaryOct 15, 2015Det norske oljeselskap has entered into an agreement to acquire Svenska Petroleum Exploration AS (Svenska) for a cash consideration of USD 75million on
Perisson Petroleum Corporation closes equity financingOct 15, 2015Perisson Petroleum Corporation is pleased to announce the closing of its previously announced equity financing. The Company issued 2,000,000 common shares
Rosneft closes deal with PetroRio, assumes 100% interest in Solimoes projectOct 14, 2015Rosneft Brasil (100% owned Rosneft subsidiary) and Petro Rio S.A. (PetroRio) announce the closing of the Rosneft Brasil transaction to acquire PetroRio's
ORLEN Upstream Canada to acquire Kicking Horse EnergyOct 14, 2015ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A. , and Kicking Horse Energy Inc. announced that they have entered into
Eni awarded two new exploration licenses in the Egyptian offshore of the Mediterranean SeaOct 14, 2015Eni has been awarded with two new exploration licenses located in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh,
INEOS to purchase North Sea gas assets from DEAOct 14, 2015INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the
Underwriters fall out with expert witness over valuation of fire-damaged vesselOct 13, 2015International Transport Intermediaries Club (ITIC) has reported a case in which hull & machinery insurance underwriters instituted proceedings against a marine
LGO Energy acquires 25% stake in BOLTOct 13, 2015LGO has completed the acquisition of a 25% stake in Beach Oilfield Limited with which LGO already holds an agreement to acquire the deep petroleum
Tethys Petroleum receives notice of withdrawal on Tajikistan interestsOct 13, 2015Tethys Petroleum Limited has not made the payment for the September cash call issued by the Bokhtar Operating Company in connection with Tethys' interest
Lundin Petroleum sells its Indonesian businessOct 12, 2015Lundin Petroleum has signed a sale and purchase agreement (SPA) with PT Medco Energi Internasional TBK (Medco), to sell its oil and gas assets in Indonesia.
Tullow Oil reaches agreement with Gabon government over Onal Complex fields licencesOct 12, 2015Tullow Oil plc has reached agreement with the Government of Gabon over its licences in the Onal Complex Fields. Following negotiations, Tullow has regained
Mart denies sale of company and continues to evaluate strategic alternativesOct 12, 2015Mart Resources, Inc. says that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding
Northcote provides update on participation in Mexican onshore field bid roundOct 12, 2015Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation
Clough acquires Canadian Engineering CompanyOct 12, 2015Murray & Roberts owned engineering and project services company Clough Limited (Clough) announced the acquisition of Enercore Projects Limited (Enercore),
Encana Corporation reaches agreement to sell DJ Basin assets for $900 millionOct 9, 2015Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in
Resolute Energy Corporation closes sale of Powder River Basin assetsOct 9, 2015Resolute Energy Corporation has closed the sale of its Hilight Field assets in the Powder River Basin to a private party for a purchase price of $55 million.
Urals Energy to expand Articneft License AreaOct 8, 2015Urals Energy says that, following the payment of a royalty of RR27.5 million to the Russian regulatory authorities, the Company has been granted an additional
Armour Energy rejects Westside's takeover offerOct 8, 2015Armour Energy Limited has released its Target’s Statement in response to WestSide Corporation Limited’s (WestSide) conditional takeover Offer of
Tethys Petroleum receives non-binding letter of intent from AGR EnergyOct 8, 2015Tethys Petroleum Limited has received a non-binding letter of intent from AGR Energy Holdings Limited in connection with a potential US$20 million equity fundraising
Black Stallion acquires remaining 50% working interest in Woodrow Prospect, MontanaOct 8, 2015Black Stallion Oil & Gas, Inc. has acquired the remaining 50% Working Interest (WI) in the 12,233-acre Woodrow Prospect in Teton county, northwest
