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Mergers & Acquisitions
Target Energy to complete sale of a 10% working interest in the Fairway projectSep 19, 2014Target Energy Limited says that the sale of a 10% Working Interest in the Fairway Project to Aurora Energy Partners (Aurora), a Texas general
Suncor Energy sells share of Pioneer Energy assetsSep 19, 2014Suncor Energy, along with The Pioneer Group Inc., has reached an agreement to sell the assets of Pioneer Energy to Parkland Fuel Corporation for
Western Refining to acquire ConocoPhillips idled Wingate PlantSep 19, 2014Western Refining, Inc. has entered into an agreement for the acquisition of the 25,000 barrel per day (bpd) idled Wingate Fractionation Plant in
Redhill Resources acquires petroleum and natural gas leasesSep 19, 2014Redhill Resources Corp. has acquired a 100% interest in a total of 8 sections of crown petroleum and natural gas leases (the "Leases") in the
RWE Dea awarded two new concessions in EgyptSep 19, 2014In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gulf of Suez, where the company is producing oil as operator for more than 30 years. Dea will become operator of two new concessions in the Gulf of Suez. Dea will hold a share of 100% of the East Ras Fanar Offshore
Second of three Fugro Offshore Coastal Survey Vessels delivered to Fugro N.V.Sep 18, 2014Fugro has taken delivery of the second of the three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by Damen. The Fugro Pioneer is a
Continental Energy to sell stake in Norwegian affiliateSep 18, 2014Continental Energy Corporation has reached an agreement for the sale of its 51% shareholding stake in Visionaire Energy AS (VEN) to Visionaire
Enbridge proposes to transfer U.S. $900 million asset to Enbridge Energy PartnersSep 18, 2014Enbridge Inc. has proposed to transfer its 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline to its affiliate, Enbridge Energy
Paradigm Oil & Gas passes on commercial propertySep 18, 2014Paradigm Oil and Gas, Inc. has withdrawn its offer to purchase a 4,000 square foot commercial facility situated on 4 acres along US Highway 175 in
Texhoma Energy wins auctions for non-operated working interest in eight wells, TexasSep 18, 2014Texhoma Energy, Inc. says that continuing with its tradition of oil and gas operations, it has won a third auction and acquired various non-operated
MENA Hydrocarbons sells Lagia projectSep 18, 2014MENA Hydrocarbons Inc. has entered into a share purchase agreement (the "Share Purchase Agreement") with SacOil Holdings Limited
Magnum Hunter forms partnership with Morgan Stanley Infrastructure on Eureka HunterSep 17, 2014Magnum Hunter Resources Corporation has entered into a Transaction Agreement with an affiliate of Morgan Stanley Infrastructure Inc.
Vanguard Natural to acquire natural gas and liquids properties, ColoradoSep 17, 2014Vanguard Natural Resources, LLC has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids ('NGLs')
Blackbird Energy completes sale of Bigstone projectSep 17, 2014Blackbird Energy Inc. has successfully closed the previously announced disposition of 8.0 gross (3.5 net) sections of Montney rights,
SBM Offshore signs Production Handling Agreement with Noble EnergySep 17, 2014SBM Offshore has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the
Ranger Offshore to acquire strategic diving assets from Technip USASep 17, 2014Ranger Offshore, Inc. has signed an agreement to acquire Technip USA's diving assets (the 'Assets'), belonging to the diving division for
Swissco acquires its first liftboat for approximately US$56 millionSep 16, 2014Swissco Holdings Limited has acquired its first liftboat for approximately US$56 million. The self-propelled liftboat, which will be owned and
EOR enters into a non-binding LoI with a non-affiliated third partySep 16, 2014Enhanced Oil’s indirect wholly-owned subsidiary, Ridgeway Arizona Oil Corp., has entered into a non-binding Letter of Intent with a
Transerv Energy sells Canadian assetSep 15, 2014Transerv, through its Canadian subsidiary Carnaby Energy, has sold some of its lands in British Columbia ('BC'). Transerv owns 64.7% of
Spyglass Resources closes previously announced non-core asset dispositionsSep 15, 2014Spyglass Resources has concluded the non-core asset dispositions disclosed on August 12, 2014. Net proceeds of $43 million
Statoil to sell Norway assets to WintershallSep 15, 2014Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the non-core Vega and Gjøa fields.
Stratex enters into JDA with Eagle Oil & Gas and Egale Dodge City PartnersSep 15, 2014Stratex Oil & Gas Holdings, Inc. has entered into a Joint Development Agreement (JDA) with Eagle Oil & Gas Co. (Eagle) and Eagle
Acteon acquires UTEC Survey, enhancing global survey and data gathering capabilitiesSep 15, 2014Acteon has acquired UTEC Survey, an independent survey services business. UTEC offers high quality and cost-effective technology
Paradigm Oil and Gas purchase commercial facility in West Athens, TexasSep 12, 2014Paradigm Oil and Gas, Inc. has purchased a commercial facility in West Athens, Texas to serve as its base for field service operations.
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