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Mergers & Acquisitions
MEO renews AC/P50 & AC/P51 permits, offshore AustraliaMay 18, 2015MEO Australia has accepted an offer from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration
Cape plc acquires Redhall EngineeringMay 15, 2015Cape plc has acquired Redhall Engineering Solutions Limited, for a total consideration of £6 million. The acquisition will be funded from the
WHL Energy enters Good Standing Agreement regarding WA-460-P exploration permitMay 15, 2015Australian energy company WHL Energy Limited says that following a submission in December 2014 to the Commonwealth-Western Australia
Oilex Joint Venture JPDA 06-103's request to terminate PSC rejectedMay 14, 2015Oilex Ltd, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area 06-103 Production Sharing Contract,
CNL Software and ASV partner to offer Advanced Maritime SurveillanceMay 14, 2015CNL Software has entered into a technology partnership with Automatic Sea Vision (ASV), developers of the first video content analytics
Calvalley Petroleum successfully completes restructuring and liquidationMay 14, 2015Calvalley Petroleum Inc. has successfully completed its previously announced restructuring and liquidation of the Company pursuant to a plan of
NPD grants Tullow Oil drilling permit for well 6507/11-11 in the Leiv Eriksson facilityMay 14, 2015The Norwegian Petroleum Directorate (NPD) has granted Tullow Oil Norge AS a drilling permit for well 6507/11-11, cf. Section 8 of the Resource
President Energy and Petro Victory resolve dispute regarding Pirity ConcessionMay 13, 2015President is pleased to provide the following update on its Pirity concession in Paraguay. President confirms that the dispute with Petro Victory Energy Corp and its group
Carrizo Oil & Gas announces Delaware Basin farm-out and 2014 drilling plansMay 13, 2015Carrizo Oil & Gas, Inc. announced a farm-out agreement in the Delaware Basin and plans to begin an operated drilling program later this year.
Sound Oil announces Tendrara farm-in proposal agreementMay 13, 2015Sound Oil has announced a proposed farm-in to earn a 55% working interest in the onshore Moroccan licence, Tendrara, in exchange for funding
Empire Oil Carnarvon Basin with sale of last remaining tenementsMay 12, 2015Empire Oil & Gas has sold its remaining tenements in WA's Carnarvon Basin, enabling it to focus solely on unlocking the value of its extensive
Noble Energy to acquire all of the common stock of Rosetta ResourcesMay 12, 2015Noble Energy, Inc. and Rosetta Resources Inc. (Rosetta) announced a definitive merger agreement whereby Noble Energy will acquire all of the
Azabache Energy sells Panamanian subsidiaryMay 11, 2015Azabache Energy Inc. has sold 100 % of its Panamanian subsidiary Azabache Energía Corp. to Evolvere Capital, an independent private equity
Alvopetrol Energy acquires remaining interest in Block 170May 11, 2015Alvopetro Energy Ltd. announces the testing results from the third test interval of our 197(2) well and the acquisition of the remaining 50% working interest
Repsol completes Talisman Energy acquisitionMay 11, 2015Repsol announces the completion, effective as of this date, of the acquisition of Talisman Energy Inc. Under the terms of the previously announced plan of arrangement,
Northern Petroleum completes Italian farm-out to ShellMay 11, 2015Northern Petroleum confirms that the farm out of the Italian onshore permit, Cascina Alberto, to Shell Italia E&P S.p.A., a wholly owned
Ferguson Group expands Vietnamese operationsMay 8, 2015Ferguson Group Singapore is expanding its presence in Vietnam. Alongside Vietnamese partner New World Logistics, Ferguson Group Singapore, has made considerable inroads into the offshore
IGas Energy completes farm-out with INEOS UpstreamMay 8, 2015IGas has completed the farm-out and purchase agreement (FOPA) with INEOS. INEOS will assume operatorship of PEDLs 133, 145 and 193 and EXL 273 in phases, following an orderly handover.
Sterling Energy relinquishes Ampasindava Block, MadagascarMay 8, 2015Sterling Energy provides the following update for the Ampasindava block, offshore Madagascar. Sterling Energy (UK) Limited ('Sterling'), a wholly
Atlantic Petroleum signs agreement to sell Pegasus discoveryMay 8, 2015Atlantic Petroleum’s subsidiary Atlantic Petroleum UK Limited has signed a sale and purchase agreement with Third Energy Offshore Limited for the sale
Pacific Rubiales confirms offer and exclusive discussions; $6 billion ALFA takeover on the cardsMay 7, 2015Pacific Rubiales Energy Corp. has entered into exclusive discussions in respect of an offer from ALFA, S.A.B. de C.V. and Harbour Energy Ltd., whereby
Range completes sale of Range Resources Drilling Services LimitedMay 6, 2015Range is pleased to advise that the sale of Range Resources Drilling Services Limited to LandOcean Energy Services Co. Ltd., has completed.
CGG and Air Control form partnership for Airborne Geophysics in KazakhstanMay 6, 2015CGG and Air Control has signed an agreement to provide airborne geophysical survey services in Kazakhstan. This agreement will allow Air Control to offer the full suite of CGG airborne geophysical
Waldron Energy Corporation to sell its Ricinus and Strachan propertiesMay 5, 2015As previously announced on December 2, 2014, Waldron Energy Corporation has engaged Cormark Securities Inc. as its exclusive financial advisor in
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