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Supplier News
Octanex proposes merger with Peak Oil & GasNov 18, 2013Octanex NL and Peak Oil & Gas jointly announce that; Peak and Octanex have agreed to work towards a merger of the two companies (Merger).
Comstock Resources to acquire leases in Louisiana and MississippiNov 15, 2013Comstock Resources, Inc. has entered into agreements with certain parties to acquire leases on 55,000 acres (53,000 net) in Louisiana and Mississippi for $54.5 million
FTTN: Oil, natural gas gaining as global demand increasesNov 15, 2013As First Titan Corp. explores new acquisitions and continues production at current assets, oil and natural gas are gaining globally and could experience sustained
Faroe Petroleum acquires remaining interest in LowlanderNov 15, 2013Faroe Petroleum has acquired the remaining 50 per cent interest in the Lowlander oil discovery in the UK Central North Sea, such that the Company will own the
Ophir Energy to sell 20% interest in Tanzania BlocksNov 15, 2013Ophir Energy has entered into an agreement to sell to Pavilion Energy a 20 per cent. interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of
Endeavour completes sale and forms Joint Venture with Samson ExplorationNov 15, 2013Endeavour International Corporation has closed on the sale of 50% of its upstream and midstream assets in the Pennsylvania Marcellus and formed a joint venture
Surge Energy closes two previously announced high quality, light oil acquisitionsNov 15, 2013Surge Energy Inc. has now closed two previously announced strategic, high quality light oil acquisitions. The first acquisition (the "Privateco Acquisition") involved the $147 million
Apache completes Egypt partnership with SinopecNov 15, 2013Apache Corporation announced completion of its previously disclosed sale of a one-third minority participation in its Egypt oil and gas business to Sinopec
3D Oil Limited announces production licence offered for West Seahorse oil fieldNov 15, 20133D Oil Limited is pleased to announce that the National Offshore Petroleum Titles Administrator (NOPTA) has offered the VIC/P57 Joint Venture (JV) a Production
Providence Resources announces farm-in deal with ABT Oil and GasNov 14, 2013Providence Resources has agreed a phased farm in by ABT Oil & Gas ("ABTOG") into its' Helvick and Dunmore oil discoveries (collectively the "Discoveries"),
Heritage Oil enters into a strategic alliance with Bayelsa Oil Company, NigeriaNov 14, 2013Heritage Oil Plc announces that a wholly owned subsidiary has entered into a joint venture agreement with Bayelsa Oil Company Limited (Bayelsa Oil Company),
EnerVest announces $1.4 billion in oil & gas acquisitionsNov 13, 2013EnerVest, Ltd., and its affiliates announced since August they have acquired or will acquire by year-end approximately $1.4 billion in producing properties from
Crestwood completes acquisition of Arrow Midstream Gathering System in the Bakken ShaleNov 13, 2013Crestwood Midstream Partners LP and the owner of its general partner, Crestwood Equity Partners LP, announced that Crestwood has completed the previously
Far Vista Petroleum receives offer and counter offersNov 12, 2013The president announces that the counter offer submitted by the financial institution representing the purchaser is for the amount of $0.50 per share.
Bellatrix closes its previously announced third strategic joint ventureNov 12, 2013Bellatrix Exploration Ltd. has successfully closed the previously announced $240 million joint venture partnership (the "Joint Venture") with TCA Energy Ltd. (TCA).
Rialto Energy completes transaction with VitolNov 11, 2013Rialto says that its subsidiary Rialto Energy (Cote d'Ivoire) Ltd (Rialto CdI) has completed the previously announced transaction with Vitol E&P (Vitol) and also
Sterling Energy announces additional farmin to Odewayne BlockNov 11, 2013On 6 November 2013, Sterling Energy Plc, announced that its wholly owned subsidiary, Sterling Energy (East Africa) Limited (Sterling), had completed a farmin for
Talisman Energy to sell part of its Montney acreage for $1.5 billionNov 11, 2013Talisman Energy Inc. (Talisman) has reached an agreement to sell part of its Montney acreage in northeast British Columbia to Progress Energy Canada Ltd. for a
Gulf Coast secures large acreage position in South Louisiana for its Bonanza projectNov 8, 2013Dallas-based Gulf Coast Western, LLC has secured over 40,000 acres in South Louisiana and has obtained the necessary state and federal permits to begin a 3D
Bellatrix Exploration closes $175 million bought deal financingNov 8, 2013Bellatrix Exploration Ltd. has closed its previously announced bought deal offering of 21,875,000 common shares ("Common Shares") at a price of $8.00 per
ExxonMobil receives extensions to Madagascar licensesNov 8, 2013Exxon Mobil Corporation announced that its affiliates in Madagascar have received extensions to their production sharing contract licenses, which will enable the
CNOOC announces blocks Offshore China for foreign coopreration 2013Nov 8, 2013On 8 October 2013, China National Offshore Oil Corporation offered foreign operators a chance to partner it in 25 blocks offshore China, covering a total area of
Lekoil provides update on the proposed acquisition of interest in OML113, Offshore NigeriaNov 8, 2013Lekoil is currently in discussions with Panoro Energy ASA ("Panoro") with regards to securing an extension to the deadline of 6 November 2013 until 25 November
TXO PLC acquires interest in Oil Recovery Services LimitedNov 8, 2013TXO has acquired a 15.1 per cent. interest in Oil Recovery Services Limited ("ORS") for £300,000, to be satisfied through the issue of 100,000,000 new Ordinary
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