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Supplier News
Waldron Energy Corporation to sell its Ricinus and Strachan propertiesMay 5, 2015As previously announced on December 2, 2014, Waldron Energy Corporation has engaged Cormark Securities Inc. as its exclusive financial advisor in
Ocean Signal is acquired by ACR ElectronicsMay 4, 2015Ocean Signal Ltd has been acquired by Drew Marine Ltd. The business will operate as a unit of ACR Electronics, Inc. (ACR). Combining two of the most highly experienced electronic
Bayport International acquires the two-well Cook lease, OklahomaMay 4, 2015Bayport International Holdings, Inc. has signed a Letter of Intent to acquire the two well, 160 acre, Cook lease in Okfuskee County, Oklahoma
Chariot Oil gets license extension of Block C-19, offshore MauritaniaMay 4, 2015Chariot Oil & Gas Limited provides an update on the C-19 block offshore Mauritania. One year extension granted within the first exploration phase
Red Sky Energy provides Cache Oilfield acquisition updateMay 4, 2015Red Sky Energy Limited is undertaking in association with its purchase of a 50% interest in the US based Cache Oilfield, Colorado. The acquisition of Cache is
Brazil Government announces 13th petroleum auctionMay 4, 2015Brazil Mines and Energy Minister Eduardo Braga announced that Brazil will seek to raise as much as USD850 million with its 13th-round auction of oil and natural gas exploration rights in October.
The auction will be under the concession regime, which is much more attractive to investors than the production sharing regime used in pre-salt where Petrobras is always operator by law and has a mandatory 30% stake of all blocks that are being explored, said government sources told the local press. By Peter Howard Wertheim & Dayse Abrantes
Mosman Oil and Gas announces variations to MEO takeover bidMay 4, 2015The Directors of Mosman Oil and Gas Limited says that the Company has resolved to lodge a Notice of Variation in respect of the takeover
United Hunter announces the impairment of its interest in Alamo Creek, LLCMay 4, 2015United Hunter Oil & Gas Corp. has impaired the Corporations 25% interest holding in Alamo Creek, LLC. Alamo Creek holds a 100% interest in an oil and natural gas
Statoil completes sale of 15.5% share in Shah Deniz to PETRONASMay 1, 2015On Thursday 30 April 2015, Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on 13 October 2014.
Synergy closes acquisition of leasehold within the DJ Basin Greenhorn AMIMay 1, 2015Synergy Resources Corporation has closed on the Amendment dated February 12, 2015 to its Exploration Agreement with Vecta Oil & Gas, Ltd.
Range Resources terminates Georgian project contractApr 30, 2015Range provides the market with the following update in respect of its interest in the Georgian project. The Ministry of Energy of Georgia has formally notified the Operator of the
Solo Oil acquires shares in Burj AfricaApr 30, 2015Solo has exchanged its shareholding in Pan Minerals Oil and Gas AG for a direct holding of 15.9% in Burj Petroleum Africa Limited, a private UK
Ophir Energy completes acquisition of four deepwater PSCsApr 29, 2015Ophir Energy has completed the acquisition of four deepwater Production Sharing Contracts in Indonesia from Niko Resources. This follows the
TORC Oil to acquire light oil assets in Southeast SaskatchewanApr 28, 2015TORC Oil & Gas Ltd. has entered into an agreement to acquire high quality, light oil assets which are complementary to TORC's existing assets
Nostra Terra Oil & Gas begins expansion in South TexasApr 28, 2015Nostra Terra has acquired a 1% working interest in a 20,000 acre prospect in South Texas. Nostra Terra has acquired the interest with plans to acquire additional interests if appropriate.
INPEX acquires participating interest in ADCO onshore concessionApr 28, 2015INPEX Corporation has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi. The acquisition is based on a 40-year agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) effective January 1, 2015, following INPEX's participation in a bid
Bayhorse Silver receives Bannock Creek permits to drill first Williston Basin oil wellApr 27, 2015Bayhorse Silver Inc. advises that Saturn Minerals Inc. has been granted a Permit & License under the Oil and Gas Conservation Act, Province of
Rockdale Resources to acquire working interest in a Historical Oklahoma oil fieldApr 27, 2015Rockdale Resources Corporation has signed a Letter of Intent (LOI) with Houston based SUDS Properties, LLC (SPL), whereby Rockdale will
Ithaca Energy to sell Norwegian subsidiary for $60 millionApr 27, 2015Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS, for an initial consideration of
BP agrees sale of CATS business to Antin Infrastructure PartnersApr 24, 2015BP has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners
WA-424-P permit secondary term work programme variationApr 24, 2015IPB Petroleum (IPB) has entered the Secondary Term of its WA-424-P exploration permit as Operator with a 100% working Interest. The company
MCW Energy Group to sell certain assets of MCW FuelsApr 24, 2015MCW Energy Group Limited announces the closing by its indirect wholly owned subsidiary, MCW Fuels, LLC (formerly MCW Fuels, Inc.) (MCW Fuels),
Sterling Energy disputes expiration of first renewal period at Ntem ConcessionApr 24, 2015Sterling Energy Plc provides the following update for the Ntem Concession, offshore Cameroon.
Sterling Cameroon Limited, a wholly owned subsidiary of Sterling Energy Plc,
Michigan PSC approves Wisconsin Energy acquisition of Integrys Energy GroupApr 24, 2015The Michigan Public Service Commission (MPSC) approved the acquisition of Integrys Energy Group, Inc. by Wisconsin Energy Corp. The companies
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