Baron Oil updates on operatorship of Nancy Burdine Maxine fieldOct 20, 2015On 16 October 2015, Inversiones Petroleras de Columbia (50% owned by Baron), the operator of the Nancy Burdine Maxine field in Colombia, handed
Delphi Energy to sell Greater Hythe assets for $12 millionOct 19, 2015Delphi Energy Corp. has entered into a purchase and sale agreement to sell its working interests in producing properties, facilities and infrastructure and
Mart Resources enters arrangement agreement to be acquired by Delta OilOct 19, 2015Mart Resources, Inc. has entered into an arrangement agreement with Delta Oil Nigeria B.V.. Under the terms of the Arrangement Agreement, an indirect
Rifle Shot Oil Corp. completes acquisition of Redwater assetsOct 19, 2015Rifle Shot Oil Corp. has completed the acquisition of assets in the Redwater area of Alberta. The acquisition includes 550 boe/d (90% light oil) of high working interest,
Azonto Petroleum completes sale of Wellhead EquipmentOct 19, 2015Azonto says that, all conditions precedent having been satisfied, the sale of certain of its Wellhead Equipment in Cote d'Ivoire to Vitol has now also been completed.
Gastar Exploration enters agreement to acquire mid-continent interestsOct 16, 2015Gastar Exploration Inc. has entered into a definitive purchase and sale agreement to acquire additional working and net revenue interests in 103 gross
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
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
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
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
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