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Mergers & Acquisitions
Lundin Petroleum sells assets in the Komi Region, RussiaJul 11, 2014Lundin Petroleum has entered into an agreement with Arawak Energy Russia BV (Arawak), to sell Lundin Petroleum's entire interests in
Brazilian farm-ins on the cardsJul 10, 2014Aberdeen-headquartered Brazilian market specialist EntradaB2B has joined forces with CFG Bridge to facilitate farm-in opportunities
OEG Offshore Group partners with KKR to accelerate further growth of the companyJul 10, 2014OEG Offshore Group ('OEG') has acquired a majority interest in the company by KKR, with the executive management retaining a
New unconventional interest in IndonesiaJul 10, 2014New Zealand Oil & Gas Ltd. says that the right to explore for 'unconventional' oil and gas resources in Central Sumatra, Indonesia, has
Forum Energy receives SC72 licence extensionJul 10, 2014Forum Energy confirms that the Philippine Department of Energy has granted the Company's request for an extension to the second
ShawCor Ltd. acquires Desert NDTJul 10, 2014ShawCor Ltd. has completed the acquisition of all of the outstanding shares of Desert NDT LLC (Desert), first announced on May 8,
Petron Energy II, Inc. closes Garrett Lease acquisition in Creek County, OKJul 9, 2014Petron Energy II, Inc. signs Acquisition Agreement to purchase Garrett Lease in Creek County, OK.
Spartan Energy completes strategic light oil acquisitionJul 9, 2014Spartan Energy Corp. has completed its previously announced strategic southeast Saskatchewan light oil acquisition, an additional
Painted Pony to sell Saskatchewan assets for $100 millionJul 9, 2014Painted Pony Petroleum Ltd. has entered into a definitive purchase and sale agreement to sell all of the Company's exploration and
Peak acquires Exclusive Licence for MetaPlex® Ultra High Performance Sealing TechnologyJul 9, 2014Peak Well Systems (Peak) has acquired an exclusive worldwide licence from Aberdeen-based Xtreme Well Technology Limited
Warren Resources to acquire Marcellus assets of Citrus Energy for $352.5 millionJul 8, 2014Warren Resources, Inc. has executed a purchase and sale agreement to acquire essentially all of the Marcellus assets of Citrus Energy
VARD strengthens position in North America with strategic acquisitionJul 8, 2014Vard Holdings Limited (VARD) has further strengthened its position in North America, with the strategic acquisition of a leading marine
Teekay LNG Partners acquires ownership interests in four LNG newbuildingsJul 8, 2014Teekay LNG Partners L.P. has acquired from BG Group (BG) ownership interests in four 174,000 cubic meter Tri-Fuel Diesel Electric
Vanoil provides update on Kenyan Blocks 3A and 3BJul 8, 2014Vanoil Energy Ltd. wishes to update information with regard to ongoing negotiations with the Kenyan Government with respect to the
Rice Energy to acquire 22,000 net acres in Western Greene CountyJul 8, 2014Rice Energy Inc. has signed a definitive purchase and sale agreement to acquire approximately 22,000 net acres and 12 developed
Crown Point sells El Valle Concession in Golfo San Jorge Basin, ArgentinaJul 8, 2014Crown Point Energy Inc. has completed the sale of its 50% interest in the El Valle Exploitation Concession (El Valle) for consideration of
Lundin Petroleum sells interest in PL359, offshore NorwayJul 7, 2014Lundin Petroleum through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has entered into an agreement to sell an
Chariot signs farm-out agreement with a wholly owned subsidiary of WoodsideJul 7, 2014Chariot Oil & Gas Limited says that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has signed a farm-out
PetroNeft Resources completes the Licence 61 farmout to Oil India LimitedJul 7, 2014PetroNeft has completed the Licence 61 Farmout to Oil India Limited (OIL). Drilling to re-commence at Licence 61 this month as part
Dejour Energy closes Woodrush acquisitionJul 7, 2014Dejour Energy Inc. has closed on its previously announced production acquisition of a further 24% Working Interest in its legacy
Deep Well acquires and cancels potential royalty claimJul 4, 2014Deep Well Oil & Gas, Inc. has acquired and cancelled 5.5% of a purported 6.5% overriding royalty interest claim on certain lands it owns
The Switch to be acquired by Yaskawa Electric CorporationJul 4, 2014Yaskawa Electric Corporation (Yaskawa) has signed a definitive agreement to acquire The Switch, a supplier of megawatt-class
Newton Energy Corporation to sell Newton UKJul 4, 2014Newton Energy Corporation has entered into a term sheet with Hutton Energy Plc (Hutton) to sell 100% of its wholly-owned subsidiary,
Portfolio adjustments in AngolaJul 4, 2014Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola. “The transactions are part of Statoil’s continued
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