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Acquisitions and Divestitures News

Cluff Natural Resources Updates North Sea Licences P2253 & P2258
United Kingdom >> 10/28/2016 - In the Company's most recent announcement of 19 October the Company had received an extension on both of its 100% held licences (P2248 and P2252) for a further year to 30 November 2017 and that an ext...
Petrobras Acquired Two Fields in Argentina & Bolivia
Brazil >> 10/28/2016 - Petrobras completed the acquisition of 33.6% of the concession of Rio Neuquen, Argentina, and 100% of Colpa Caranda active in Bolivia for $ 56 million. The assets belonging to Petrobras Argentina and ...
NOVATEK Obtains Tanamskiy Subsoil License in the Krasnoyarsk Territory
Russia >> 10/28/2016 - PAO NOVATEK (NOVATEK) announces that its subsidiary OOO NOVATEK-Yurkharovneftegas won the bid for a geological survey, exploration and hydrocarbons production license for the Tanamskiy subsoil area fo...
Update Regarding C$9.8 Million Private Placement with Olisol
Falkland Islands >> 10/27/2016 - Tethys Petroleum Limited (TPL) announces that the previously announced C$9.8 million private placement with Olisol Investments Limited and Olisol Petroleum Limited (together "Olisol") has not closed ...
An Additional Licence Interest Acquisitions in East Midlands Core Area
United Kingdom >> 10/26/2016 - AIM-listed Egdon Resources has announced the acquisition of additional interests in two 14th Round licences in the Company's East Midlands core area. ...
Rawson Resources Awarded PPL560 Offshore Papua New Guinea
Papua-New Guinea >> 10/26/2016 - Rawson Resources Limited is very pleased to announce the successful award of Papua New Guinea Petroleum Prospecting Licence (PPL) 560, subject to the Company’s acceptance and normal regulatory require...
Total, Glencore & Gunvor Bid for Chevron's South African Assets
South Africa >> 10/25/2016 - Total, Glencore and Gunvor GGL.UL are bidding for a 75 percent stake in Chevron's South African downstream assets, which include a refinery, three industry sources told Reuters. U.S. oil major Chevron...
Agilent Receives Expanded FDA Approval for Use of Dako PD-L1 IHC 22C3 pharmDx Companion Diagnostic
United States >> 10/24/2016 - Agilent Technologies Inc. announced that its Dako PD-L1 IHC 22C3 pharmDx now has an expanded label approved by the U.S. Food and Drug Administration for use in determining PD-L1 expression status to i...
Callon Petroleum Closes Midland Basin Acquisition
United States >> 10/24/2016 - Callon Petroleum Company (Callon) announced the closing of its previously announced acquisition of certain assets located in the Midland Basin within its WildHorse operating area. On October 20, 2016,...
Santos Announces Sale of Victorian Assets to Cooper Energy
Australia >> 10/24/2016 - Santos has announced the sale of its Victorian assets to Cooper Energy for cash consideration of up to A$82 million.The sale will result in Santos exiting from offshore Victoria. In March 2016, Santo...
Africa Energy Acquires 90% Interest in Block 2B Offshore
South Africa >> 10/21/2016 - Africa Energy Corp. (Africa Energy) has closed three transactions resulting in the Company acquiring a 90% participating interest and operatorship in Block 2B offshore the Republic of South Africa. ...
Verus Petroleum Acquires Additional Interest in Boa Oil Field
United Kingdom >> 10/20/2016 - Verus Petroleum is pleased to announce the signing of a sale and purchase agreement with Maersk Oil North Sea UK Limited for the acquisition of Maersk Oil’s 9.8% interest in the Boa oil field. This ac...
Shell Divests Non-Core Shale Acreage in Canada for $1 Billion
Shell Divests Non-Core Shale Acreage in Canada for $1 Billion Canada >> 10/20/2016 - Royal Dutch Shell plc, through its affiliate Shell Canada Energy (Shell) has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp....
Gulfsands Signed Farm-Out Agreement for PUT-14
Colombia >> 10/19/2016 - Gulfsands Petroleum plc (Gulfsands) has signed a Farmout Agreement relating to the Colombian, Putumayo-14 Exploration and Production of Hydrocarbons Contract No 2 of 2013, (the PUT-14 Contract). ...
Cooper Energy Sells Remaining Indonesian Asset to Bass Strait Oil
Indonesia >> 10/19/2016 - Cooper Energy has accepted an offer from Bass Strait Oil Company for the sale of its remaining Indonesian asset, a 55% interest in the Tangai-Sukananti KSO, South Sumatra Basin, Indonesia. A share sa...
SM Energy Acquires Midland Basin Assets & Divests Williston Basin Assets
United States >> 10/18/2016 - SM Energy Company has entered into a definitive purchase agreement to acquire 35,700 net acres in Howard and Martin Counties in West Texas, expanding the Company’s Midland Basin footprint to approxima...
Pemex Approves Second JV for Ayin & Batsil Fields
Mexico >> 10/18/2016 - The Board of Directors of Petroleos Mexicanos authorized the company sent to the Secretary of Energy application migration partner for exploration and extraction of Ayin and Batsil fields in shallow w...
SSE to Sell $755M Stake in Scotia Gas to Abu Dhabi
United Arab Emirates >> 10/17/2016 - SSE plc has entered into an agreement to sell a 16.7% equity stake in Scotia Gas Networks Limited (‘SGN’) to wholly owned subsidiaries of the Abu Dhabi Investment Authority (ADIA), for a headline cons...
Odfjell Sells $90M Stake in Sohar Tank Terminal
Oman >> 10/17/2016 - Odfjell SE announces that Odfjell Terminals B.V. (”OTBV”), the joint venture holding company that owns and operates substantially all of Odfjell’s tank terminals worldwide, has entered into an agreeme...
TransAtlantic Petroleum to Sell Thrace Basin Natural Gas subsidiary to Valeura Energy
Turkey >> 10/16/2016 - TransAtlantic Petroleum has entered into a share purchase agreement with Valeura Energy for the sale of its wholly-owned subsidiary, Thrace Basin Natural Gas (Turkiye) Corp ('TBNG'). ...

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