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Mergers & Acquisitions
Virtus declares completion date for final payment of its initial 36,787 acre acquisitionJul 25, 2014Virtus Oil and Gas Corporation announced final payment for its previously announced 36,787 net acre acquisition in Iron County, Utah, will be paid
Northern Petroleum awarded two permits in ItalyJul 25, 2014Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is
Ezion sells two Australian subsidiaries to AusGroup for $44MJul 25, 2014Ezion Holdings Limited has entered into a sale and purchase agreement with AusGroup Limited (AusGroup), pursuant to which AusGroup shall
Hemisphere Energy closes Atlee Buffalo acquisitionJul 25, 2014Hemisphere Energy Corporation has closed the acquisition of certain petroleum and natural gas leases in the Atlee Buffalo area of southeast
Absoft partners with Neptune to develop custom-built web apps for upstream oil and gasJul 25, 2014Aberdeen-based Absoft has partnered with Neptune Software in Oslo, to develop a suite of custom built web applications for SAP users in upstream
Statoil awarded licence offshore ColombiaJul 25, 2014Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. Statoil will hold 33,33% in the licence. Repsol will be the operator of the licence and will hold 33,34%. ExxonMobil Exploration Colombia will hold 33,33%.
Semco, PV Shipyard to establish high class rig upgrade servicesJul 24, 2014Semco Maritime and PetroVietnam Marine Shipyard join forces to establish high class rig upgrade player in South East Asia - Vung Tau Rig Services. The initiative shall tap into the growing market for rig upgrades in the region.
Sunshine Oilsands to sell non-core assetsJul 23, 2014The board of directors of Sunshine Oilsands Ltd. has entered into a petroleum, natural gas and general rights conveyance agreement
Swissco shareholders approve s$285.0 million acquisition of Scott and English EnergyJul 23, 2014Shareholders of SGX Mainboard-listed Swissco Holdings Limited, together with its subsidiaries, has approved at an extraordinary
Drover 1 well strikes gas in Perth basinJul 23, 2014AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, reports that as the Drover-1 exploration well
First Titan secures substantial acreage and begins pre-drill planningJul 23, 2014First Titan Corp. has increased the Company's net leased acreage and has commenced pre-drill planning on its Mustang Project
3MV Energy executes Asset Purchase and Sale AgreementJul 23, 20143MV Energy Corp. has entered into an Asset Purchase and Sale Agreement to dispose of assets in south west Saskatchewan.
2H Offshore joins deepwater mining consortiumJul 23, 20142H Offshore, an Acteon company, has joined an international European consortium comprising nineteen industry and research
Sintana Energy amends Asset Purchase AgreementJul 22, 2014Sintana Energy Inc. has entered into an amendment to an Asset Purchase Agreement (the "Agreement") with Live Oak Holdings, Inc.
AGR acquired by Silverfleet CapitalJul 22, 2014Norway-headquartered AGR Holdings AS (AGR) has been acquired by the independent European private equity firm Silverfleet Capital.
Tullow Oil to farm into Eco Atlantic's Cooper Block, Offshore NamibiaJul 21, 2014Eco (Atlantic) Oil & Gas Ltd. has executed a Farm-out agreement (the “Agreement”) with Tullow Kudu Limited, a wholly owned
InfraStrata signs agreement with Larne Oil and Gas LimitedJul 21, 2014InfraStrata plc, together with joint venture partners Brigantes Energy Limited (Brigantes) and Terrain Energy Limited (Terrain), has
Pine Cliff Energy to acquire natural gas assets in Alberta and SaskatchewanJul 21, 2014Pine Cliff Energy Ltd. has entered into a binding agreement to acquire certain shallow natural gas assets in Alberta and Southern
DONG Energy to divest 50 % of Gode Wind 2 to a consortium of Danish pension fundsJul 21, 2014DONG Energy has signed an agreement to sell 50 per cent of the 252 MW German offshore wind farm project Gode Wind 2 to a
STEALTHGAS INC. acquires four newbuilding LPG vesselsJul 21, 2014STEALTHGAS INC. has acquired four newbuilding LPG vessels, as part of its fleet expansion program. The additions to the fleet consist of two 22,000 cbm
EOC enters into shipbuilding contracts for two new accommodation vesselsJul 18, 2014EOC Limited would be adding two new accommodation/maintenance vessels to its fleet, in line with its focus on growing its offshore
Trinity Exploration & Production secures agreement with CentricaJul 18, 2014Trinity has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad
American Patriot takes second significant acreage position in ColoradoJul 18, 2014American Patriot Oil and Gas Limited has acquired an additional 15,910 acres, lifting its holding to 22,543 gross acres, in the oil
Sandvik and Tenaris sign new five-year strategic alliance agreementJul 18, 2014Sandvik and Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy
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