Abilene Oil and Gas increases interest in CKU projectApr 10, 2015Abilene Oil and Gas Limited says that following the successful Rights Issue, the Company has agreed to fund its share of the
Breitling Energy prepares completion procedures for two Permian Basin wellsApr 10, 2015Breitling Energy Corporation is preparing completion and fracking procedures on two wells in its farmout lease in the Permian Basin.
Torchlight Energy plans to divest of Hunton assetsApr 10, 2015Torchlight Energy Resources, Inc. is actively seeking to divest certain of its Hunton Assets located in Logan and Kingfisher Counties, Oklahoma.
Apache Corporation agrees to sell Australian operations for $2.1 billionApr 10, 2015Apache Corporation has signed an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. for cash payment of $2.1 billion. The transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory
Getech completes acquisition of ERCLApr 9, 2015Getech says that the agreement to acquire the entire issued share capital of ERCL Limited, an upstream oil and gas consultancy,
Argent Energy Trust to sell Manvel Field assetsApr 9, 2015Argent Energy Trust has entered into an agreement for the sale of its interests in the Manvel Field, Texas and provides a
Pancontinental withdraws from Kenya Block L10BApr 9, 2015Pancontinental has served a notice of withdrawal on BG Kenya L10B Limited, the only remaining participant and operator of
Perisson Petroleum gets extension to Colombian VMM-17 BlockApr 9, 2015Perisson Petroleum Corporation says that, through a Colombian government initiative that is applicable to all exploration blocks
Shell agrees £47 billion deal for BG GroupApr 9, 2015The Boards of Shell and BG have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG. Under the terms of the Combination, BG Shareholders will be entitled to receive for each BG Share: •383 pence in cash; and •0.4454 Shell B Shares
Tap Oil provides update on Northern Gulf Petroleum relationsApr 8, 2015Tap Oil Limited provides the following update on its commercial relations with Mr Chatchai Yenbamroong and his Northern Gulf companies.
Petro Matad enters farm-out agreement with BG GroupApr 8, 2015Petro Matad has entered into a farm-out agreement with BG Group whereby BG Group will acquire a 78% interest in Block IV and Block V in
DONG Energy takes over US offshore wind development projectApr 8, 2015DONG Energy has agreed to take over RES Americas Developments Inc.’s (RES) more than 1000MW newly assigned development project rights off the coast of Massachusetts. At the offshore wind auction held by BOEM (Bureau of Ocean Energy Management) on 29 January 2015, RES secured the rights to develop one of the two leases that were awarded. The lease comprises an area that could potentially accommodate more than 1000MW.
Reliance signs PSC for two offshore blocks in MyanmarApr 6, 2015Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), an enterprise of the Government of Myanmar, have signed
Woodside closes purchase of Apache interests in Australian assetsApr 3, 2015In December 2014 Woodside entered into a binding transaction with Apache Corporation to acquire Apache's Wheatstone LNG and
KKR and Fleur de Lis Energy to acquire Wyoming EOR assets from AnadarkoApr 3, 2015KKR and Fleur de Lis Energy has closed an acquisition of certain CO2 enhanced oil recovery (EOR) properties from Anadarko Petroleum
Saipem forms JV with Dangote Group in Central and West AfricaApr 3, 2015Saipem has entered into a Joint Venture with Dangote Group, one of Africa's leading companies, to create a new company named
LUKOIL to sell Service Terminal RotterdamApr 3, 2015LUKOIL, together with its Joint Venture partner Burando Maritime Services, have entered into an agreement to sell 100% of their
Hibiscus Petroleum increases interest in PL616Apr 3, 2015Hibiscus Petroleum Berhad says that its jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway) has executed an agreement
Petrobras to dispose of assets in ArgentinaApr 3, 2015Petrobras says that the Board of Directors of Petrobras Argentina (PESA) has approved to dispose of all of its assets located in the Austral Basin, in the Santa Cruz province, for US$ 101 million to Compañia General de Combustibles S.A. (CGC). The PESA assets that are part of the deal include 26 onshore exploration production concessions, with an average production of 15,000 barrels of oil equivalent per day, as well as the entire infrastructure required for distribution, treatment and storage.
MX Oil prepares for Mexico's tender for mature onshore conventional fieldsApr 2, 2015MX Oil plc notes the recent comments made by Mexico's Secretary of Energy, Pedro Joaquin Coldwell, that the tender for mature
Sanchez Production acquires Eagle Ford shale assets from Sanchez EnergyApr 2, 2015Sanchez Production Partners LP has executed and closed an agreement with Sanchez Energy Corp. to acquire wellbore interests in
Eni signs PSC for the exploration of two blocks offshore MyanmarApr 1, 2015Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister. The Joint Venture is between Eni, the Operator with an 80% participating interest through Eni Myanmar B.V, and Petrovietnam Exploration Production Corporation Limited (20%).
Resolute Energy Corporation sells non-core assetsMar 31, 2015Resolute Energy Corporation has entered into a definitive agreement to sell certain non-core assets in the Midland Basin portion of
Total completes $1 billion of onshore divestments in NigeriaMar 31, 2015Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for $569 million.
