LGO Energy acquires 25% stake in BOLTOct 13, 2015LGO has completed the acquisition of a 25% stake in Beach Oilfield Limited with which LGO already holds an agreement to acquire the deep petroleum
Lundin Petroleum sells its Indonesian businessOct 12, 2015Lundin Petroleum has signed a sale and purchase agreement (SPA) with PT Medco Energi Internasional TBK (Medco), to sell its oil and gas assets in Indonesia.
Tullow Oil reaches agreement with Gabon government over Onal Complex fields licencesOct 12, 2015Tullow Oil plc has reached agreement with the Government of Gabon over its licences in the Onal Complex Fields. Following negotiations, Tullow has regained
Mart denies sale of company and continues to evaluate strategic alternativesOct 12, 2015Mart Resources, Inc. says that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding
Northcote provides update on participation in Mexican onshore field bid roundOct 12, 2015Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation
Clough acquires Canadian Engineering CompanyOct 12, 2015Murray & Roberts owned engineering and project services company Clough Limited (Clough) announced the acquisition of Enercore Projects Limited (Enercore),
Encana Corporation reaches agreement to sell DJ Basin assets for $900 millionOct 9, 2015Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in
Resolute Energy Corporation closes sale of Powder River Basin assetsOct 9, 2015Resolute Energy Corporation has closed the sale of its Hilight Field assets in the Powder River Basin to a private party for a purchase price of $55 million.
Urals Energy to expand Articneft License AreaOct 8, 2015Urals Energy says that, following the payment of a royalty of RR27.5 million to the Russian regulatory authorities, the Company has been granted an additional
Armour Energy rejects Westside's takeover offerOct 8, 2015Armour Energy Limited has released its Target’s Statement in response to WestSide Corporation Limited’s (WestSide) conditional takeover Offer of
Tethys Petroleum receives non-binding letter of intent from AGR EnergyOct 8, 2015Tethys Petroleum Limited has received a non-binding letter of intent from AGR Energy Holdings Limited in connection with a potential US$20 million equity fundraising
Black Stallion acquires remaining 50% working interest in Woodrow Prospect, MontanaOct 8, 2015Black Stallion Oil & Gas, Inc. has acquired the remaining 50% Working Interest (WI) in the 12,233-acre Woodrow Prospect in Teton county, northwest
Petrogrand and Shelton Petroleum announce strategic business combinationOct 8, 2015Petrogrand AB and Shelton Petroleum AB have entered into an agreement (i) to form a new combined and enlarged oil group with exclusively Russian
Claxton and OIS improve decommissioning technology to deliver subsea well abandonment campaignOct 8, 2015Claxton, an Acteon company, has improved the technological advantage of its Suspended Well Abandonment Tool (SWATTM) by developing an extension module. In turn, this enables Claxton and Acteon sister company, Offshore Installation Services Ltd (OIS), to set deeper environmental and intermediate barriers.
Mosman Oil and Gas satisfies conditions for STEP acquisitionOct 7, 2015Mosman Oil and Gas Limited is pleased to provide an update on the proposed South Taranaki Energy Project acquisition, having concluded the
Marsol International takes charge with Rhino CraftOct 7, 2015Marsol International Ltd, has introduced Rhino Craft, a multi-purpose workboat tailored to meet the requirements of specific customers and challenging sites.
DOF Subsea takes delivery of Skandi AfricaOct 7, 2015DOF Subsea has taken delivery of Skandi Africa and the vessel commenced on a 5 year time charter contract to Technip.
Pengrowth Energy to sell Bodo property for $95 millionOct 7, 2015Pengrowth Energy Corporation has entered into an agreement for the sale of its non-core Bodo property in eastern Alberta for $95 million. The expected net
Penn Virginia sells non-core South Texas assets for $13 millionOct 7, 2015Penn Virginia Corporation has sold certain non-core South Texas assets to an undisclosed buyer for gross cash proceeds of $13 million.
President Energy acquires remaining 36% interest in Pirity Concession, ParaguayOct 7, 2015President has entered into a sale and purchase agreement through its wholly owned subsidiary President Energy Paraguay S.A., to acquire the entire
Independent Resources and Nostra Terra to acquire producing assets in EgyptOct 7, 2015On 21 September 2015 IRG announced the intention to establish a strategic joint venture company owned 50-50 with Nostra Terra Oil & Gas Company
Suncor Energy commences offer for outstanding shares of Canadian Oil Sands LimitedOct 6, 2015Suncor Energy Inc. has formally commenced an unsolicited offer to Canadian Oil Sands Limited shareholders to acquire all of the outstanding shares
Ramba sells 35% stake in Lemang PSC for up to $179.6 millionOct 6, 2015Ramba Energy Limited (Ramba) says that Mandala Energy Limited (Mandala) will farm in to a 35 percent participating interest in the Lemang Production
Total and Parker set instrumentation manifold standard for projects and upgrades in EuropeOct 6, 2015Total RC, the refining and chemicals arm of French oil giant Total SA, is standardising on manifolds produced by the Instrumentation Products Division
