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Acquisitions and Divestitures News

Wintershall Pulls out of Qatar
Qatar >> 5/21/2015 - Wintershall is ceasing its activities in Qatar and is returning Block 4 North near the North Field off the Qatari coast on 25 May 2015. Wintershall’s office in Doha will be closed. In 2013, Wintershal...
BG Group Assumes Operational Control of QCLNG & Pre-Conditions for Pipeline Sale
Australia >> 5/21/2015 - BG Group announces that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group’s Australian subsidiary, from Bechtel Australia, which construc...
MEO Farms Out WA-488-P to Rex International Subsidiary
Australia >> 5/21/2015 - MEO Australia has announced the execution of final documentation to farmout of a 30% participating interest in the WA-488-P exploration permit to a wholly owned subsidiary of SGX-listed Rex Internatio...
NuEnergy Gas Acquires Dart Indonesia's CBM Assets in Sumatra
Indonesia >> 5/21/2015 - NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, disclosed the conditional Share Purchase ...
Range Signed Agreement to Increase Interest in the Guayaguayare Block
Trinidad and Tobago >> 5/21/2015 - Range has signed an amendment agreement in respect of its interest in the Guayaguayare Block in Trinidad. As a result of the amended agreement, Range will acquire the full interest of Niko Resources ...
Vanguard Natural to Acquire Eagle Rock Energy Partners, L.P. for $614 Million
United States >> 5/21/2015 - Vanguard Natural Resources, LLC and Eagle Rock Energy Partners, L.P. have entered into an Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into Eagle Rock for total c...
SacOil Terminates Participation in Oil Prospecting Licence 233
Nigeria >> 5/20/2015 - SacOil shareholders are advised that, in line with SacOil’s strategy to focus on proven resources as a basis for growth, the Company has embarked on a process of balancing and rationalising its portfo...
Oman Oil Company Sold its 5% Stake in Enagas
Oman >> 5/20/2015 - Oman Oil Holdings Spain, a wholly owned subsidiary of Oman Oil Company (OOC) sold its 5% stake in Enag?s – a Spanish energy company, in a secondary block trade. The joint-book runners were Citigroup a...
Terra Nova Terminates Cooper Basin Farm-In with Holloman Energy
Australia >> 5/19/2015 - Holloman Energy reports that it has received notice that Terra Nova had terminated its Farm-In Agreement on Petroleum Exploration Licenses (PELs) 112 and 444. ...
Chariot Provides Update on Farm-out Agreement with AziLat
Brazil >> 5/19/2015 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announces that the farm-out agreement with AziLat Limited ("AziLat") on the BAR-M-292, BAR-M-293, BAR-M-313 and...
Orca Energy Completes Sale of Cooper Basin Assets to Senex Energy
Australia >> 5/19/2015 - Orca Energy has advised that it has completed the sale of its Cooper Basin assets to Senex Energy. Orca received the balance amount of $1,400,000 from Senex afternoon. In total, the Company received j...
Rosneft Becomes the Holder of 100% of the Solimoes Project
Brazil >> 5/18/2015 - Rosneft Brasil (100% owned Rosneft subsidiary) and PetroRio (the new brand of HRT Participaçoes em Petroleo S.A.) announce the signing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in th...
JKX Oil & Gas Gets Elizavetovskoye Production License Extension
Ukraine >> 5/18/2015 - JKX Oil & Gas plc (JKX) is pleased to announce the award by the Ukrainian authorities of a significant areal extension to its Elizavetovskoye production licence to include the West Mashivske prospect....
DEA Farms Out Part of West Nile Delta Project
Egypt >> 5/18/2015 - DEA Deutsche Erdoel AG has equalized its working interest and farmed down its stake in the West Nile Delta project in Egypt to its Joint Venture partner and operator BP in order to better balance its ...
MEO Accepts AC/P50 & AC/P51 Permit Renewal Offer
Australia >> 5/15/2015 - MEO Australia Limited advises that it has accepted a offers from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration permits for a further five year...
GS Energy to Develop Abu Dhabi’s Oil Fields
United Arab Emirates >> 5/14/2015 - Abu Dhabi, with 6 percent of global crude reserves, selected GS Energy Corp. of South Korea to join Japan’s Inpex Corp. as the second Asian partner in the Persian Gulf emirate’s biggest onshore oil co...
Interim Progress Related to Acquisition of Polypore International, Inc.
Japan >> 5/13/2015 - Regarding the agreement for Asahi Kasei to acquire Polypore International, Inc. as announced in Asahi Kasei Announces Agreement to Acquire Polypore’s Energy Storage Segment on February 23, 2015, appro...
JV Submits Request to ANP to Terminate the PSC off NW Australia
Australia >> 5/12/2015 - Oilex Limited, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area (JPDA) 06-103 Production Sharing Contract (PSC), submitted a request to ...
MEO Australia Receives Approval for 6 Month Extension to NT/P68 Permit
Australia >> 5/12/2015 - MEO Australia Limited advises that the National Offshore Petroleum Titles Administrator (NOPTA) has approved a six month suspension and extension to the current Permit ear5 of NT/P68. ...
AziNam Received Government Approval of Operator Status
Namibia >> 5/12/2015 - AziNam Ltd has received government approval for it to assume operatorship of Petroleum Exploration Licence (“PEL”) 34, offshore Namibia, and that it has also opened its office in Windhoek, the capital...

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