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Acquisitions and Divestitures News in Australia

Doriemus Announces Withdrawal from L15 Farm out with Rey Resources
2/5/2020 - Doriemus has provided a notice of withdrawal of the relevant L15 Farmout Agreement to Rey Resources. The withdrawal ceases the right of Doriemus to earn an interest in L15 and brings the L15 Farmout A...
Sale of Cooper Eromanga Basin Assets
1/29/2020 - Oilex Limited (Oilex or the Company) is pleased to announce that it has signed a binding Heads of Agreement (HOA) with Doriemus plc (Doriemus), an ASX-listed company, for the proposed sale of all of i...
Farm-out Agreement Executed for Cervantes
1/20/2020 - The Board of Metgasco Ltd has executed a re-stated L14 Western Flank farm-out agreement with RCMA Australia Pty Ltd (“Jade”) and Vintage Energy Ltd. ...
Central Appoints Leading Financial Advisor for Farm-Out
1/8/2020 - Central Petroleum Limited (CTP) (“Central”) announces that it has appointed Flagstaff Partners Pty Ltd (Flagstaff Partners) as its advisor for the farm-out of its CY2020 Exploration Programme explorat...
Tap Oil & JV Partners Agreed To Jointly Surrender Interests in WA-34-R
1/6/2020 - Tap Oil Limited (TAP) (Tap or the Company) advises that its 100% owned subsidiary, Tap Bonaparte Pty Ltd, and joint venture partners in the WA-34-R Joint Venture have agreed to jointly surrender their...
Oilex Ltd Extends Acquisition of Cooper Eromanga Licenses
12/16/2019 - Oilex has announced that the date for the satisfaction of the conditions precedent in regard to the acquisition of 27 Petroleum Retention Licenses (PRLs) in the Cooper-Eromanga Basins from Senex Energ...
Buru Assumes 100% Equity in 3 Key Canning Basin Exploration Permits
12/5/2019 - Buru Energy Limited has reached agreement with Roc Oil (Canning) Pty Limited (Roc) for Roc to withdraw from its current 50% interest in Canning Basin exploration permits EP 428, EP 436 and EP 391 (the...
Santos Conditionally Exercises Beehive Option
12/4/2019 - Melbana Energy Limited is pleased to advise that Santos Limited (Santos) has validly and conditionally exercised its option to acquire an 80% interest in the Permit containing the Beehive prospect. Th...
Armour & Santos Execute South Nicholson Basin Farm in Agreement  
12/4/2019 - The Directors of Armour Energy Limited refer to the Company’s previous announcement of 14 October 2019 and are pleased to advise that the Company has now executed the South Nicholson Basin Farmin Agre...
Red Emperor Signs Option Agreement to Acquire Large Offshore Block in North Perth Basin
12/2/2019 - The Board of Red Emperor Resources NL, the natural resource exploration company, is pleased to announce that a binding Letter of Intent ("LOI") has been entered into with Pilot Energy Limited and Key ...
ATP2021 JV Farm-In to PRL 211 in Cooper/Eromanga Basin
11/22/2019 - The Board of Metgasco Ltd is pleased to announce that the ATP2021 JV (Metgasco 25% owner) has executed a term sheet with a 90 day exclusivity period to negotiate a binding farm-in agreement with a sub...
Oilex Acquires Major Cooper-Eromanga Acreage Position from Senex Energy
9/29/2019 - Oilex has entered into a binding term sheet with Senex Energy and certain of its related entities to acquire all of Senex's interest as operator in 27 Petroleum Retention Licenses in the Northern Oil ...
Emperor Sells Cryano Lease
9/18/2019 - Emperor Energy Limited (EMP) is pleased to advise it has entered into a sale and purchase agreement to sell its offshore Retention Lease, Cryano R3. ...
INPEX Enters Into New Production Sharing Contracts with the Timor-Leste Government
9/2/2019 - INPEX CORPORATION (INPEX) has, through its subsidiaries, entered into new production sharing contracts (PSC) with the government of Timor-Leste governing its projects in the former Joint Petroleum D...
INPEX Awarded Exploration Block AC/P66 in Australia
7/12/2019 - INPEX CORPORATION (INPEX) announced today that through a subsidiary, it was awarded an exploration permit for Release Area AC/P66 (the Block) as Operator in Australia’s 2018 Offshore Petroleum Explo...
Senex Awarded Surat Basin Domestic Gas Acreage
5/28/2019 - Senex Energy has been awarded preferred tender status for natural gas acreage in the Surat Basin as part of the Queensland Government’s domestic gas acreage tender process. ...
Galilee Energy Awarded Surat Basin Acreage
5/28/2019 - Galilee Energy has announced success in being appointed thePreferred Tenderer for block PLR2018-1-8 by the Queensland Government in the most recent release of new petroleum resource areas. ...
Vintage Energy Farms into Metgasco's ATP 2021 in the Cooper/Eromanga Basin
5/22/2019 - Vintage Energy has announced an executed binding Heads of Agreement (HoA) with Metgasco to become a joint venture partner in the ATP 2021 permit on the Queensland side of the Cooper/Eromanga Basins. T...
Vintage Energy Farms out Bonaparte Basin EP126 Permit to Firetail
5/14/2019 - Vintage Energy has executed a binding Heads of Agreement with Firetail Energy Services for it to become a joint venture partner in the EP126 permit (onshore Bonaparte Basin, Northern Territory). Under...
Cabot Energy Relinquishes Otway Basin Licence PEL 629
4/9/2019 - AIM-listed Cabot Energy has announced that Ouro Preto Resources, the Company's wholly-owned subsidiary, has reached an agreement with The Department for Energy and Mining of the Government of South Au...

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