Acquisitions and Divestitures News in United States

BOEM Announces Region-Wide Oil & Gas Lease Sale for Gulf of Mexico
3/30/2018 - In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Department of Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Ma...
WPX Energy Completes Gallup Sale for USD 700 Million
3/29/2018 - WPX Energy has closed an agreement to sell its holdings in the San Juan Basin’s Gallup oil play to Enduring Resources IV, LLC for $700 million prior to closing adjustments. ...
BOEM to Open Call for Information & Nominations for Proposed Beaufort Sea Lease Sale
3/28/2018 - The Bureau of Ocean Energy Management will publish in the Federal Register a call for information and nominations covering a proposed lease sale in Alaska’s Beaufort Sea Planning Area in 2019. The pro...
Pioneer Natural Announces Sale of Selected Eagle Ford Shale Acreage
3/27/2018 - Pioneer Natural Resources has signed a purchase and sale agreement with Sundance Energy to sell approx. 10,200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for $102 ...
Devon Energy Eyes More Asset Sales to Simplify Portfolio
3/26/2018 - U.S. oil producer Devon Energy was looking to sell even more assets than previously announced in order to focus its portfolio on three shale regions. Devon is now eyeing asset sales of up to $5 billio...
Otto Partner Highest Bidder in Block Adjacent to SM 71
3/22/2018 - Otto Energy Limited (OEL) is pleased to advise that Byron Energy Inc, a wholly owned subsidiary of Byron Energy Limited (BYE), wasthe apparent high bidder on the Vermilion Area Block 232 (VR 232) in t...
W&T Offshore was Successful Bidder to Acquire an Interest in Heidelberg Field
3/12/2018 - W&T Offshore, Inc. was the successful bidder on an interest in three blocks in the Heidelberg field in the Gulf of Mexico offered in connection with the Chapter 11 bankruptcy proceedings of Cobalt Int...
Devon Announces $553m Sale of Johnson County Assets
3/7/2018 - Devon Energy Corp. has entered into a definitive agreement to sell the southern portion of its Barnett Shale position for $553 million. The transaction is subject to customary terms and conditions and...
Mosman Oil and Gas Exercises First Option at Arkoma
2/28/2018 - Mosman the oil exploration, development and production company is exercising an amended First Option Agreement ("Amended First Option") for the Arkoma Stacked Pay Project ("Arkoma" or the "Project") i...
Noble Energy Announces $750M Share Repurchase Program
2/15/2018 - Noble Energy, Inc. (NBL) (Noble Energy) announced that its Board of Directors has authorized a $750 million share repurchase program. In addition, the Company has executed an agreement to sell its de...
Oil Search Completes the Alaska North Slope Acquisition
2/15/2018 - Oil Search advises that its acquisition of a 25.5% interest in the Pikka Unit and adjacent exploration acreage and a 37.5% interest in the Horseshoe Block in the Alaska North Slope from privately-owne...
LINN Energy Announces Sale of West Texas Properties for $119.5M
2/14/2018 - LINN Energy, Inc. (LNGG) announces that it has signed a definitive agreement to sell its interest in conventional properties located in west Texas to an undisclosed buyer for a contract price of $119....
Proposed Acquisition of Alliance Petroleum Corporation
2/9/2018 - AIM-listed Diversified Gas & Oil announced on 31 January 2018 details of the proposed acquisition of certain Appalachian producing gas and oil assets from CNX Gas Company, an NYSE listed energy compa...
WPX Energy Sells San Juan Basin's Gallup Holdings for $700 Million
2/6/2018 - WPX Energy has signed an agreement to sell its holdings in the San Juan Basin’s Gallup oil play for $700 million to an undisclosed third party. Closing is expected to occur in the first quarter. The d...
AspenTech Acquires Apex Optimisation, Inventors of GDOT
2/5/2018 - Aspen Technology, Inc. (AZPN), the asset optimization software company, has acquired Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control. ...
Transocean Ltd. Closes the Acquisition of Songa Offshore SE
1/30/2018 - Transocean Ltd. (NYSE:RIG) announced today that it has closed the acquisition of Songa Offshore SE (“Songa Offshore”). Transocean currently owns 187,390,391 Songa Offshore shares representing approxim...
Total Acquired Anchor Discovery in Gulf of Mexico
Total Acquired Anchor Discovery in Gulf of Mexico 1/24/2018 - Total has signed an agreement with Samson in order to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the most significant recent...
Emerson Completes Acquisition of ProSys, Inc.
1/17/2018 - Emerson (EMR) announced it has acquired ProSys Inc., a global supplier of software and services that increase production and safety for the chemical, oil and gas, pulp and paper, and refining industri...
RigNet Announces Acquisition of Intelie
1/17/2018 - RigNet, Inc. (RNET) announced that it has agreed to acquire Intelie Soluç?es em Inform?tica SA, a real-time, predictive analytics company that is an award-winning, early pioneer in deep machine learni...
LINN Energy Sold the Altamont Bluebell Field for $132M
1/16/2018 - LINN Energy, Inc. (LNGG) (LINN) announces that it has signed a definitive agreement to sell its interest in properties located in the Altamont Bluebell Field to an undisclosed buyer for a contract pri...

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