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Supplier News
Dragon Oil awarded exploration Blocks in AlgeriaOct 2, 2014Dragon Oil in partnership with ENEL Trade S.p.A. (Enel) has been awarded two exploration blocks (perimeters) in Algeria, Tinrhert Nord Perimeter and Msari Akabli Perimeter.
TransCanada sells 30% interest in Bison to TC PipeLines, LPOct 2, 2014TransCanada Corporation has entered into an agreement to sell its remaining 30 per cent interest in Bison Pipeline LLC (Bison) to its master limited
Marquee Energy completes strategic non-core asset dispositionOct 2, 2014Marquee Energy Ltd. has completed the previously announced disposition of its non-core, gas-weighted asset located in the Pembina area of
Swissco Holdings completes acquisition of four additional rigsOct 2, 2014SGX Mainboard-listed Swissco Holdings Limited has completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs
PetroQuest Energy completes sale of Eagle Ford assetsOct 2, 2014PetroQuest Energy, Inc. has completed the sale of its Eagle Ford assets for net proceeds of approximately $9.7 million. The Company estimates that
Magnum Hunter to sell certain non-core assets located in Divide CountyOct 2, 2014Magnum Hunter Resources Corporation says that Bakken Hunter, LLC, a wholly-owned subsidiary of the Company, closed on the sale of certain
Cardinal Energy closes second Wainwright acquisitionOct 2, 2014Cardinal Energy Ltd. has completed its previously announced acquisition in the Wainwright area of Alberta. The acquired assets are 99.4% operated,
Crew Energy closes Princess, Alberta asset dispositionOct 2, 2014Crew Energy Inc. has closed its previously announced disposition of its petroleum and natural gas assets in the Princess area of Southeast Alberta,
Tamarack Valley Energy completes Wilson Creek acquisitionOct 2, 2014Tamarack Valley Energy Ltd. has, through its wholly-owned subsidiary, successfully completed its previously announced acquisition of 100% of
Target Energy completes drilling at the Taree 193 #1 well in Glasscock CountyOct 1, 2014US-focused oil and gas producer Target Energy Limited says that as previously advised, the sale of a 10% Working Interest in the Fairway Project to
Panorama signs an MOU for an oil block in SudanOct 1, 2014Panorama Petroleum Inc. has entered into a Memorandum of Understanding (MOU) with State Petroleum Overseas Inc. (State), a private non-arms
Statoil and Shell awarded new acreage in AlgeriaOct 1, 2014Statoil and Shell were awarded the Timissit Permit Licence in the Illizi-Ghadames Basin onshore Algeria. The licence is located in southeastern Algeria and covers an area of 2730 square
Mosman receives acceptances from Trident Energy shareholdersSep 30, 2014Mosman Oil and Gas Limited has received acceptances from Trident Energy Limited (Trident) shareholders that comprise 90.05% of the entire
Penspen acquires DPS EngineeringSep 30, 2014Energy services company Penspen has acquired the engineering division of DPS Group. The acquisition, which increases Penspen’s headcount by
TransAtlantic completes due diligence on acquisition of Stream Oil & Gas Ltd.Sep 30, 2014TransAtlantic Petroleum Ltd. has successfully completed its due diligence on Stream Oil & Gas Ltd. (Stream) and its intention to pursue the
Susser and Energy Transfer announces a broad series of strategic and transformative stepsSep 29, 2014Susser Petroleum Partners LP and Energy Transfer Partners, L.P. announced the first dropdown transaction between ETP and SUSP. In addition,
Marquee Energy sells non-core asset for $14 millionSep 29, 2014Marquee Energy Ltd. has entered into a purchase and sale agreement for the sale of a non-core, gas-weighted asset in the Pembina area of
Glacier Energy confirms sixth acquisition as it establishes new divisional structureSep 29, 2014Glacier Energy Services confirms completion of its sixth acquisition, as it carries out a significant reorganisation into four divisions to augment its
New Western to acquire majority control of Island Energy Partners, LLCSep 29, 2014New Western Energy Corp. has signed an LOI to acquire majority control of Island Energy Partners, LLC (IEP). IEP owns oil and gas wells, leases,
Baytex completes sale of North Dakota assetsSep 26, 2014Baytex Energy Corp. has completed the previously announced disposition of its North Dakota assets (the "Assets") to SM Energy Company, effective
Lundin Petroleum acquires interest in PM328, offshore MalaysiaSep 26, 2014Lundin Petroleum, through its wholly owned subsidiary Lundin Malaysia B.V. (Lundin Malaysia), has entered into agreements to acquire a 50 percent
Atlas Resource Partners to acquire Eagle Ford Shale in south TexasSep 26, 2014Atlas Resource Partners, L.P. has entered into a definitive agreement to acquire oil assets in the Eagle Ford Shale in south Texas for $225 million.
Eni awarded 3 new exploration licenses in EgyptSep 26, 2014Eni was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded soon, after the ratification and finalization of the Concession Agreements. As a result of the EGPC bid round, Eni has been awarded a 100% participating interest and operatorship of the onshore block South-West Melehia.
West Texas Resources acquires Birnie field interest in the Palo Duro BasinSep 25, 2014West Texas Resources, Inc. has acquired a 10% working interest (7.5% net revenue interest) in a natural gas prospect located in the Birnie field in
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