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Financial
Halliburton and Baker Hughes provide update on proposed acquisitionJul 14, 2015Halliburton Company and Baker Hughes Incorporated have entered into a timing agreement with the Antitrust Division of the U.S. Department of
MX Oil to invest in OML 113, offshore NigeriaJul 14, 2015MX Oil plc has agreed to invest in an indirect, non-operated, 5% revenue interest in the OML 113 licence, offshore Nigeria, which includes the Aje Field,
Northcote Energy divests South Weslaco gas field to Springer EnergyJul 14, 2015Northcote has transferred its entire interest in the South Weslaco Gas Field, Hidalgo County, Texas to Springer Energy Partners, LP. Springer
Nostrum approaches Tethys Petroleum regarding potential takeover offerJul 14, 2015Nostrum Oil & Gas says that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy,
U.S. Court of Appeals finds WesternGeco patents valid and infringed by ION GeophysicalJul 13, 2015The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP
LUKOIL dismisses claims of money laundering and tax evasion in RomaniaJul 13, 2015LUKOIL has strongly denied accusations of money laundering and tax evasion brought against Petrotel-LUKOIL and its employees by the
ALFA and Harbour Energy to terminate acquisition of Pacific RubialesJul 10, 2015Pacific Rubiales Energy Corp., at the request of ALFA, S.A.B. de C.V. and Harbour Energy Ltd., has agreed with Harbour Energy, L.P., Harbour Energy,
Wellsite Rental Services to merger with Viking Oil ToolsJul 10, 2015Wellsite Rental Services, LLC (Wellsite), and Viking Oil Tools (Viking), have agreed to merge to form Wellsite Fishing and Rental Services, LLC.
MOL Group successfully completed its first acquisition in NorwayJul 10, 2015MOL Group has successfully completed a deal to acquire 100% ownership of Ithaca Petroleum Norge (IPN) from Ithaca Petroleum Ltd. The deal doubles the size of MOL Group’s exploration portfolio, adding 600 million barrels of net un-risked best estimate prospective reserves. Entry into the Norwegian market also takes the company a step closer towards becoming an offshore operator in the North Sea.
Valeura to convert Banarli licence, Turkey, to two new licences with 13% larger areaJul 9, 2015Valeura Energy Inc. says that the General Directorate of Petroleum Affairs of the Republic of Turkey (GDPA) has approved the Corporation's
Legacy Reserves to acquire East Texas assets for $440 millionJul 9, 2015Legacy Reserves LP has entered into separate agreements with affiliates of Anadarko Petroleum and Western Gas Partners, LP to purchase natural
Azonto Petroleum to sell interest in Vioco PetroleumJul 9, 2015Azonto Petroleum says that the Company's subsidiary, Azonto Petroleum Holdings Limited, has entered into a conditional sale and purchase
Dekra insight acquires Optimus Seventh GenerationJul 9, 2015Global consulting, testing, and advisory firm DEKRA Insight has acquired Optimus Seventh Generation Ltd., in Aberdeen, Scotland, a company
Gastar Exploration closes sale of non-core Oklahoma assetsJul 8, 2015Gastar Exploration Inc. has completed the sale of certain non-core assets in Oklahoma to an undisclosed private third-party for a total
Rosneft Brasil and PetroRio receive ANP approval for the Solimoes project transactionJul 8, 2015Rosneft Brasil and PetroRio received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil
Northcote Energy and Gaia Ecologica provide joint venture updateJul 8, 2015Northcote is pleased to announce a positive update in respect to activities undertaken through its Joint Venture in Mexico with Gaia Ecologica
StonePoint Energy agrees proposed acquisition by Endurance EnergyJul 8, 2015StonePoint Energy Inc. has entered into a definitive arrangement agreement pursuant to which Endurance Energy Ltd. ('Endurance'), a portfolio
Providence Resources acquires Atlantic Petroleum's interest in FEL 3/04Jul 7, 2015Providence Resources is pleased to provide an update on Frontier Exploration Licence 3/04, which lies in c. 1,500 metre water depth
Impact Selector and Wireline Engineering announce strategic combinationJul 7, 2015Impact Selector and Wireline Engineering are joining forces through a strategic transaction. The combination brings together industry leaders
AGL Energy to divest non-core assets following upstream gas reviewJul 7, 2015AGL Energy Limited has announced that, following a comprehensive review of its Upstream Gas business, it would focus on core gas projects
BP to settle federal, state and local Deepwater Horizon claims for up to $18.7 billionJul 6, 2015The Disclosure and Transparency Rules (DTR) made by the Financial Conduct Authority govern amongst other matters the disclosure
Tanager Energy closes acquisition of oil and gas propertyJul 6, 2015Tanager Energy Inc. has closed the purchase of a 39% working interest in an oil and gas property for $110,000.
Coral Hill Energy to be acquired by Crescent PointJul 6, 2015Coral Hill Energy Ltd. has entered into an arrangement agreement with Crescent Point Energy Corp. pursuant to which Crescent Point
Max Petroleum provides operational updateJul 6, 2015Max Petroleum says that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due
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