Acquisitions and Divestitures News in Australia

Triangle Completes New Zealand Oil & Gas Farmout on L7 and EP 437
3/20/2023 - Highlights
- Triangle and New Zealand Oil & Gas sign binding Farmout Agreement for a 25% interest in L7 and EP 437.
- Farmout subject to approval by Regulatory Authorities.
- Triangle ...
VIC/P79 Farmout to ConocoPhillips Australia Complete
3/16/2023 - 3D Oil Limited is pleased to provide an update on the finalisation of the farmout of 80% interest and operatorship of VIC/P79 to ConocoPhillips Australia SH2.

Highlights
• NOPTA approv...
Buru to Acquire Origin’s Canning Basin Joint Venture Interests
3/13/2023 - Highlights
• Origin Energy Limited (Origin Energy), via its wholly owned subsidiary Origin Energy West Pty Ltd (Origin), to assign its interests in its joint venture exploration permits in the ...
Carnarvon Energy Announces Partial Divestment of its Bedout Assets
2/22/2023 - Carnarvon Energy has entered into a binding agreement to divest a 10% interest in its Bedout assets to OPIC Australia, a wholly owned subsidiary of CPC Corporation, Taiwan’s national oil and gas compa...
Strike to Realise $136m in Proceeds Following its Takeover Bid for Warrego
2/15/2023 - Strike Energy has announced its off-market takeover bid for Warrego Energy has now closed.

As at 15 th February 2023, Strike owned or controlled ~30.4% (377,040,765) of Warrego’s shares. As...
Australian govt, Asset Energy Agree to Resolve PEP-11 Permit Litigation
2/3/2023 - Bounty Oil & Gas NL and BPH Energy Limited as the PEP 11 Joint Venture announce that in Proceedings Number WAD106/2022 between Asset Energy Pty Ltd (a wholly owned subsidiary of BPH’s investee, Adve...
Bengal Energy Secures Permit for Hydrocarbon Exploration and Development in Cooper Basin
2/2/2023 - Bengal Energy Ltd. has been awarded Potential Commercial Area (PCA) 332 over an area of 343 square kilometers that was previously covered by Bengal's Authority to Prospect ("ATP") 732. The grant of PC...
Walyering Production Licence Granted
1/12/2023 - • Production Licence L23 for the Walyering Gas Project granted by DMIRS.
• Upstream facility construction program on schedule, procurement program 98% complete, with offsite fabrication 65% comp...
Denham Capital Completes Sale of Nexif Energy’s Portfolio to RATCH Group PLC
1/5/2023 - Denham Capital is pleased to announce that it has completed a share sale agreement with Thailand’s RATCH Group PCL for Nexif Energy’s portfolio of Australian and Southeast Asian energy assets with an ...
Warrego Energy Announces Supplementary Bidder’s Statement
12/30/2022 - Warrego Energy act for Strike West Holdings Pty Ltd ACN 616 395 398 (Strike West), a wholly owned subsidiary of Strike Energy Limited ACN 078 012 745 (STX) (Strike), in relation to its off-market tak...
Palisade & Aware Super to Acquire 49% Interest in Stockyard Hill Windfarm
12/21/2022 - Palisade Investment Partners Limited (Palisade) and Aware Super Pty Ltd as trustee of Aware Super (Aware Super) have agreed to acquire a 49% interest in Stockyard Hill Wind Farm (Stockyard Hill or the...
BP Backs Australia’s Energy Future
12/6/2022 - bp has completed the acquisition of a 40.5 percent equity stake and commenced operatorship of the Asian Renewable Energy Hub (AREH) project in the Pilbara region of Western Australia.

...
Frontier Energy Completes Strategic Land Acquisition at BSS Project
12/6/2022 - Frontier Energy Limited (ASX: FHE; OTCQB: FRHYF) (Frontier or the Company) is pleased to announce the exercise of its option to acquire key ground (Acquired Ground) adjacent to the Bristol Springs Re...
Stonepeak and Spirit Super to Acquire Australia’s GeelongPort
11/20/2022 - Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, today announced the signing of a definitive agreem...
Tamboran Completed Acquisition of Beetaloo Assets from Origin Energy
11/9/2022 - Highlights
- Tamboran has completed the acquisition of Origin Energy’s Beetaloo basin assets.
- The conditions precedent required under the sale and purchase agreement have been satisfied a...
Brookfield Renewable Announces Participation in Proposal for Origin’s Energy Markets Business
11/9/2022 - Brookfield Renewable alongside MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, (collectively, the “Consortium”) announced today that following the submission of a non-binding p...
Jadestone Energy Completes North West Shelf Oil Project Acquisition
11/1/2022 - Jadestone Energy has announced the completion of the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development (the 'North West ...
3D Oil Limited near Completion of VIC/P79 Farmout to ConocoPhillips Australia
10/21/2022 - - 3D Oil and ConocoPhillips Australia sign Joint Operating Agreement to satisfy a key condition of the farmout of VIC/P79.
- 3D Oil to receive cash payment of US$3 mill (A$4.841 mill) while reta...
Falcon Oil & Gas to Waive Pre-Emptive Rights of Origin’s Beetaloo Basin Assets
10/12/2022 - Highlights
• The 50/50 Joint Venture (JV) between Tamboran and Bryan Sheffield (Sheffield) has entered into a binding Letter of Intent (LOI) with Falcon Oil & Gas Australia Limited (Falcon) to am...
Falcon Oil & Gas Announces Binding LoI Executed with New Joint Venture Partner
10/11/2022 - Falcon Oil & Gas Ltd. (FOG) is pleased to announce that its c.98% owned subsidiary, Falcon Oil & Gas Australia Limited (“Falcon Australia”), has entered into a binding Letter of Intent (“LOI”) with Ta...

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