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Acquisitions and Divestitures News

ADM to Acquire a Further Interest in OML 113 from EER
Nigeria >> 2/24/2020 - ADM Energy PLC, an oil and gas investing company quoted on AIM, is pleased to advise that it has entered into a sale and purchase agreement ("Agreement") with EER (Colobus) Nigeria Limited ("EER") to ...
Update on Completion of Rockhopper Acquisition
Update on Completion of Rockhopper Acquisition Egypt >> 2/20/2020 - United Oil & Gas Plc (UOG) is pleased to announce the satisfaction of the regulatory conditions attached to its proposed acquisition (Acquisition) of Rockhopper Egypt Pty Ltd., which holds a 22% inter...
Calima Secures Tommy Lakes Infrastructure
Canada >> 2/19/2020 - Calima Energy Limited (CE1) (Calima) owns and operates drilling and production rights in British Columbia (”Calima Lands”). The Company is pleased to announce it has entered into an agreement to acqui...
KrisEnergy in Farm-out Agreement for Vietnam Block 115/09
Vietnam >> 2/14/2020 - KrisEnergy has announced that its wholly-owned subsidiary, KrisEnergy (Vietnam 115) Ltd, has entered into a farm-out agreement with a major international oil and gas company for the transfer of its en...
Barryroe Update, Strategic Review and Licence Update
Ireland >> 2/13/2020 - Providence Resources P.l.c., the Irish based Energy Company provides the following corporate update. ...
i3 Energy Provides Corporate Update
United Kingdom >> 2/13/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...
Potential Acquisition of Major Production Asset, West Africa
Nigeria >> 2/12/2020 - Zenith Energy Ltd. has entered into final stage negotiations with a national oil authority to secure a material oil production license in West Africa. (“Potential Acquisition”). The Potential Acquisit...
Neptune Energy Signs Operated Exploration Licence for Gulf of Suez
Neptune Energy Signs Operated Exploration Licence for Gulf of Suez Egypt >> 2/12/2020 - Neptune Energy signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal Offshore Concession, underlining the company’s commitment to...
Aker BP Strengthens Its Position in the Skarv Area
Norway >> 2/11/2020 - Aker BP has entered into an agreement with PGNiG Upstream Norway AS to swap its 3.3 percent interest in the non-operated Gina Krog field and an 11.9175 percent interest in licence 127C, in exchange fo...
Coro Energy Provides Duyung PSC Update
Indonesia >> 2/10/2020 - Coro Energy plc provides an update in respect of the Company's 15% non-operated interest in the Duyung production sharing contract (the Duyung PSC), offshore Indonesia, which contains the Mako gas fie...
Wintershall Dea Signs Agreement for East Damanhour Exploration
Wintershall Dea Signs Agreement for East Damanhour Exploration Egypt >> 2/10/2020 - Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block. The block is located to the west of Wintershall Dea’s Disouq d...
Update on Restructuring of the Paradox Project
United States >> 2/10/2020 - Rose Petroleum plc, the Rocky Mountain-focused oil and gas company, is pleased to provide an update on the restructuring of its project in the Paradox Basin, Utah, U.S. further to its announcement on ...
Update on McCoy Lease Working Interest Acquisition
United States >> 2/10/2020 - Rose Petroleum plc (ROSE) is pleased to provide an update on its proposed working interest acquisition in the McCoy lease, a 317-acre leasehold in the Denver-Julesburg Basin (DJ Basin) in Weld County,...
Ecopetrol & Shell Join Efforts to Develop Gas Province of Colombian Caribbean
Colombia >> 2/7/2020 - Ecopetrol S.A. and Shell, through its subsidiary Shell EP Offshore Ventures Limited ("Shell"), signed an agreement whereby Shell will acquire a 50% stake in Fuerte Sur, Purple Angel and COL-5 blocks, ...
Relinquishment of Irish Licensing Option 16/19
Ireland >> 2/5/2020 - Europa Oil & Gas (Holdings) plc announces that it has elected to relinquish its interest in Licensing Option (‘LO’) 16/19 in the South Porcupine Basin, offshore Ireland. This follows the completion o...
Doriemus Announces Withdrawal from L15 Farm out with Rey Resources
Australia >> 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...
Equinor Exits Valeura Energy's Thrace Basin Deep Gas Appraisal Program
Turkey >> 2/4/2020 - Valeura Energy Inc., the upstream natural gas producer focused on the Thrace Basin of Turkey, provides an update on partner participation in its deep gas appraisal programme. ...
RockRose Acquires 100% Interest in the Cotton Gas Field
United Kingdom >> 2/4/2020 - RockRose Energy Plc, the independent oil and gas production company, has signed a Sales and Purchase Agreement ("SPA") to acquire 100% of the equity of Speedwell Energy Limited, the holder of 100% in...
Petrobras Releases Teaser of the Para-Maranhao Basin
Brazil >> 2/3/2020 - Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of part of its equity interestin exploratory blocks, belonging to the BM-PAMA-3 and BM-PAMA-8 concessions, locate...
Petrobras Releases Teaser for E&P in Campos Basin
Brazil >> 2/3/2020 - Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake of the Papa-terra field, located in deepwater in the Campos Basin. ...

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