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Mergers & Acquisitions
IPB Petroleum: WA-424-P farmout to commence shortlyJun 2, 2015IPB Petroleum is pleased to provide the following update to its activities. IPB Petroleum introduced its upcoming WA-424-P farmout to industry participants at the PESA deal day
Rey Resources completes acquisition of 50% interest in Derby BlockJun 2, 2015Rey Resources Limited says that its wholly owned subsidiary company Rey Lennard Shelf Pty Ltd has completed the acquisition of a 50% participating
Swala Energy announces successful farm-out of Tanzanian licencesJun 2, 2015Swala Energy Limited says that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited, a subsidiary
AVEVA acquires FabTrol Systems, Inc.Jun 2, 2015AVEVA has agreed to acquire FabTrol Systems, Inc. (FabTrol) from the Dowco Group of Companies (Dowco). The acquisition is expected
88 Energy finalises Morocco exitJun 1, 201588 Energy has received notification that the Moroccan Minister for Energy and Minister for Finance have signed the assignment document,
Maersk Drilling and IFS strengthen partnershipJun 1, 2015Maersk Drilling is live on IFS Applications and will continue the rollout and further development of advanced maintenance planning functionality
NPD grants Statoil drilling permit for 15/6-13, near Gina Krog fieldJun 1, 2015The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 15/6-13 A and B, cf. Section 8 of the
88 Energy submits acreage award documentsMay 29, 201588 Energy says that its Joint Venture Partner, Burgundy Xploration LLC, has received, signed and returned to the State of Alaska, the award
NPD grants Det norske oljeselskap 16/1-22 A drilling permitMay 29, 2015The Norwegian Petroleum Directorate has granted Det norske oljeselskap AS a drilling permit for well 16/1-22 A, cf. Section 8 of the Resource
Beach Energy to retain 100% interest as WoodsideMay 28, 2015Beach Energy Limited has been advised by Woodside Energy (Tanzania) Limited that it has decided not to enter into the next period of the exploration
International Western acquires working interests in Bend Arch region, TexasMay 28, 2015International Western Petroleum, Inc. has completed the acquisition of 39.5% of the working interests in the Bend Arch Lion 1A Joint Venture
Riley Exploration acquires 90% equity interest of Cinco ResourcesMay 28, 2015Riley Exploration Group, LLC, headquartered in Blanchard, Oklahoma, USA announces the acquisition of a 90% equity interest in c
Atlantic Petroleum withdraws from PL602 and farms down PL802, Norwegian SeaMay 28, 2015P/F Atlantic Petroleum says that Statoil will exercise their option to take 10% of the PL802 licence in the Norwegian Sea. This will leave Atlantic
Victoria Oil & Gas announces gas plant purchase from Expro, CameroonMay 28, 2015Victoria Oil & Gas Plc announces that its 100% owned subsidiary, Gaz du Cameroun S.A., has made payment in full for the purchase of
Ring Energy signs purchase and sale agreement on Delware Basin acreageMay 28, 2015Ring Energy, Inc. has signed a purchase and sale agreement to acquire producing wells and leaseholds located in Culberson and Reeves Counties, Texas.
Pacific Energy Development signs acquisition agreement with Dome EnergyMay 28, 2015PEDEVCO Corp. d/b/a Pacific Energy Development announced the entry into an Agreement and Plan of Reorganization with Dome Energy AB whereby
Crescent Point to acquire Legacy Oil + Gas in $1.5 billion dealMay 28, 2015Crescent Point Energy Corp. has entered into an arrangement agreement to acquire all of the issued and outstanding shares of Legacy Oil + Gas Inc..
Magnum Hunter to sell non-core undeveloped acreage in Tyler County, West VirginiaMay 27, 2015Magnum Hunter Resources Corporation says that Triad Hunter, LLC, a wholly-owned subsidiary of the Company, has entered into a definitive agreement
Highlands Natural acquires 75% interest in Diversion Technologies' patents portfolioMay 27, 2015Highlands Natural Resources, the London listed oil and gas company, says that the agreement in respect to its all share acquisition of a 75% interest
Questerre enters into MOU for oil shale acreage in JordanMay 26, 2015Questerre Energy Corporation has entered into a memorandum of understanding ('MOU') with the Ministry of Energy and Mineral Resources of the Hashemite
Cooper Energy acquires a 50 percent interest in the Sole gas fieldMay 26, 2015Cooper Energy Limited says that the acquisition of a 50 percent interest in the Sole gas field in the Gippsland Basin and Orbost Gas Plant announced
JA Solar and Essel Infraprojects sign MOU on 500MW PV Joint VentureMay 26, 2015JA Solar Holdings Co., Ltd. has signed a Memorandum of Understanding (the "MOU") with its Indian business partner, Essel Infraprojects Limited (EIL),
OTEAC makes £10.25 million acquisition of HVAC&RMay 26, 2015Oteac has acquired critical heating, ventilation and air conditioning company HVAC&R Limited (HVAC&R), in a deal worth £10.25 million with funding
Statoil awarded drilling permit for well 6706/11-2 in PL 602May 26, 2015The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, cf. Section 8 of the Resource Management Regulations.
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