Union Jack Oil acquire interest in Block TF38cDec 18, 2015Union Jack Oil plc says that Egdon Resources plc ('Egdon') will transfer a 10% interest in Block TF38c to the Company following the announcement of the results of the UK 14th
Sound Energy complete Tendrara farm inDec 17, 2015Sound Energy says that the Company's farm in agreement with the Moroccan Oil and Gas Investment Fund (the 'Farm In') in relation to the Tendrara Lakbir Licence, onshore
MX Oil wins concessions in Mexican onshore bid roundDec 17, 2015MX Oil, together with its partner Geo Estratos, is pleased to announce the joint venture has been successful in its bid for Land Contract Areas in the third phase of the Bid Round 1 Licensin
MX Oil submit tenders for five blocks in MexicoDec 16, 2015MX Oil plc, together with its partner Geo Estratos, will submit tenders for five Land Contract Areas in the third phase of the Bid Round 1 Licensing for onshore conventional
Gateway Norway and Marstrat combine forcesDec 16, 2015Scandinavian maritime company Gateway Norway and Rotterdam based Marstrat BV have entered into a strategic partnership. Both private companies are specialist in their respective territories.
Seatronics collaborates with robotic systems manufacturer, InuktunDec 16, 2015Seatronics, an Acteon company, has formed a collaboration with Canadian-based manufacturer, Inuktun Services Ltd. Inuktun has extensive expertise in remote controlled
Mart Resources and Delta Oil terminate arrangement agreementDec 15, 2015Mart Resources, Inc. says that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (Delta) have mutually agreed to terminate the arrangement agreement
Shell-BG combination receives Chinese antitrust clearanceDec 15, 2015Royal Dutch Shell plc says that its recommended combination with BG Group plc ('BG') has received unconditional merger clearance from the Chinese Ministry of Commerce ('MOFCOM'). Following previously announced approvals in Brazil, the EU and Australia, MOFCOM clearance marks the final pre-conditional approval required for the combination.
Steam Oil Production Company to acquire Elke and Narwhal discoveriesDec 14, 2015The Steam Oil Production Company has entered into a sale and purchase agreement with EnQuest Heather Ltd to acquire a 100% interest in Licence P1996, made up of blocks
Raging River Exploration to acquire Viking light oil assetsDec 14, 2015Raging River Exploration Inc. has entered into a definitive agreement to acquire Anegada Energy Corp., a privately held corporation with 2,750 boe/d of high quality Viking light oil
Pine Cliff Energy closes $185 million strategic acquisitionDec 14, 2015Pine Cliff Energy Ltd. has closed its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine
Touchstone Exploration updates Trinidad acquisitionDec 11, 2015Touchstone Exploration Inc. announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants.
Parsley Energy to acquire certain properties in Midland BasinDec 11, 2015Parsley Energy, Inc. has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Company's existing operating areas in Upton,
BP to acquire additional interest in the West Nile Delta projectDec 10, 2015BP Egypt has completed its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP's working interest in both concessions of the West Nile Delta project to 82.75 per cent. The West Nile Delta project agreement, concluded in March 2015, involves the development of 5 trillion cubic feet of gas resources and 55 million barrels of condensates.
Petro River to acquire Horizon I Investments, LLCDec 9, 2015Petro River Oil Corp. has entered into a purchase agreement to acquire Horizon I Investments, LLC (Horizon Investments) in an all stock deal.
NovaSeis signs joint venture MoU with Northbridge EnergyDec 9, 2015San Leon Energy announces an update on NovaSeis, its seismic subsidiary. NovaSeis, the Company’s 100%-owned subsidiary, has signed a Memorandum of Understanding (MoU) with Northbridge Energy Ltd
Yoho Resources to sell certain Duvernay assets for $50 millionDec 9, 2015Yoho Resources Inc. has entered into a definitive agreement to sell a portion of its Duvernay assets in the Kaybob area of Alberta (the "Subject Assets") for cash consideration of $50 million (prior to adjustments)
Fluor Corporation agrees to acquire Stork Holding B.VDec 8, 2015Fluor Corporation has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100 percent of Stork Holding B.V., based in the Netherlands, for an investment of €695 million ($755 million).
Douglas Westwood and Hannon Westwood unite as part of the ESIA group of companiesDec 8, 2015Energy Software Intelligence Analytics has completed the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA's next step in delivering a growth strategy for the company
Trinity reaches agreement with LGO Energy over cancelled sale of interests in Tabaquite BlockDec 8, 2015Trinity provides an update on the status of the Sale and Purchase Agreement signed in November 2014 with LGO Energy plc to sell Trinity's interests in Tabaquite E&P Company Limited.
Providence Resources to increase equity stake in SEL 2/11 to 100%Dec 7, 2015Providence Resources has agreed to increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11 with the assignment of a 50% interest from its partner, PSE Seven Heads Limited, which is a wholly
Lime Petroleum acquires additional 10% share in PL707Dec 7, 2015Hibiscus Petroleum says that Lime Petroleum Norway AS ('Lime Norway'), a company in which its jointly-controlled entity, Lime Petroleum Plc is a shareholder, has informed the Company on 3 December 2015 that it has entered
Norwegian Petroleum Directorate: 26 companies apply for exploration acreageDec 7, 2015The application deadline for production licences in the 23 licensing round expired on 2 December, and 26 companies had applied for exploration acreage by the end of the deadline.This licensing round comprises 57 announced blocks or parts of blocks, 3 of which are in the Norwegian Sea and 54 in the Barents Sea. 34 of the announced blocks are situated in the newly opened area in the south-eastern Barents Sea, and many of the applications target this acreage in particular.
CNOOC Limited signs PSC with HuskyDec 4, 2015CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Block 15/33