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Mergers & Acquisitions
Torchlight Energy to acquire 172,000 acres in West TexasAug 8, 2014Torchlight Energy Resources, Inc. has signed a definitive agreement to acquire 100% Working Interest in 172,000 mostly
Air Energi expands in South Korea with Kitco acquisitionAug 7, 2014Air Energi Group has completed a significant acquisition in the form of Kitco. Under the terms of the transaction, Air Energi has
American Patriot applies for drilling permits on Northern Star project, MontanaAug 7, 2014American Patriot Oil and Gas Limited's JV partner Treasure Exploration has applied for three drilling permits on its key Northern
Whiting gets early termination of HSR act waiting period for acquisition of KodiakAug 7, 2014Whiting Petroleum Corporation has received notification of early termination of the waiting period under the Hart-Scott-Rodino
Core Resource, TransCoastal Corp. to drill ten wells in Pampa, Texas acreageAug 6, 2014Core Resource Management, Inc. has entered into a joint venture agreement with TransCoastal to drill up to 10 wells on
Horizon Energy in talks with south Texas exploration companyAug 6, 2014Horizon Energy Corporation is in talks with a south Texas-based exploration company regarding oil and gas prospects in the area.
Pioneer Natural to sell Hugoton and Barnett shale assets for $495 millionAug 6, 2014Pioneer Natural Resources Company has entered into purchase and sale agreements to sell all of its assets in the Hugoton
Southcross Energy LLC and TexStar Midstream Services, LP complete combinationAug 6, 2014Southcross Energy LLC has completed the previously announced agreement to combine with TexStar Midstream Services, LP
Serica completes farm out to Centrica of Blocks 113/26b and 113/27c UK East Irish SeaAug 6, 2014Serica Energy plc has now completed the farm out of UK East Irish Sea Blocks 113/26b and 113/27c (Licence P.1482) with
Liberty Resources II signs agreement for Bakken asset transactionAug 6, 2014Liberty Resources II LLC has signed a definitive agreement with Emerald Oil, Inc. to exchange a portion of its holdings in North
GE Energy Financial Services and Casillas Petroleum to acquire oil and gas reserves in KansasAug 6, 2014GE unit GE Energy Financial Services has partnered with Casillas Petroleum Corp. to purchase oil and gas reserves in
Penn Virginia Corporation closes sale of Mississippi assetsAug 5, 2014Penn Virginia Corporation has closed the previously announced sale of its Mississippi assets to an undisclosed buyer.
Noble Corporation completes spin-off of Paragon OffshoreAug 5, 2014Noble Corporation has completed the spin-off of all of the outstanding shares of Paragon Offshore plc (Paragon), which owns most of
Vanguard Natural to acquire properties in North Louisiana and East TexasAug 5, 2014Vanguard Natural Resources, LLC has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids (NGLs)
Shoreline Energy to sell its certain interests for $20.8 millionAug 4, 2014Shoreline Energy Corp. has entered into a purchase and sale agreement (the "Agreement") to sell its interests in certain petroleum and
Weatherford closes sale of Russian and Venezuelan land rig operations to RosneftAug 4, 2014Weatherford International has closed the sale of the Company’s land drilling and workover operations in Russia and Venezuela to
Intrepid Energy completes two refinery agreementsAug 4, 2014Intrepid Energy, a subsidiary of Umbra Applied Technologies Group, has completed a sales agreement with two refineries.
Ithaca Energy completes acquisition of interests in three UK producing oil fieldsAug 4, 2014Ithaca Energy Inc. has now completed the acquisition of the three UK producing oil field interests from Sumitomo Corporation (Sumitomo).
Penn Virginia sells Eagle Ford oil gathering and intermediate transportation rightsAug 4, 2014Penn Virginia Corporation has sold the right to construct and operate a crude oil gathering and intermediate transportation system
Andes awarded 3 discovered oil fields in Colombia bidding round 2014Aug 4, 2014The Board of Andes reports, as part of the Colombia bidding round 2014, the preliminary award of three undeveloped fields with
Eni signs PSC for the exploration of two onshore blocks in MyanmarAug 4, 2014Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed in Nay Pyi Taw in presence of the Country’s Energy Ministry, two Production Sharing Contracts (PSC) for RSF-5 and PSC-K onshore blocks.
Statkraft sells minority interest in UK onshore portfolio to reinvest in new renewable energyAug 1, 2014Statkraft has reached an agreement with Gingko Tree Investment Ltd for the sale of 49 per cent of its onshore wind power portfolio in the
PDC Energy agrees to sell its 50% interest in the PDCM Marcellus joint ventureAug 1, 2014PDC Energy, Inc. has agreed to sell its fifty percent interest in PDC Mountaineer LLC (PDCM) to Mountaineer Keystone Energy, LLC
Painted Pony closes $100 million disposition of Saskatchewan assetsAug 1, 2014Painted Pony Petroleum Ltd. has closed the sale of its southeast Saskatchewan assets (the "Transaction"), which has an effective date
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