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Acquisitions and Divestitures News

Woodside Inks 4 PSCs for Blocks Awarded in 2013 Bid Round
Myanmar >> 3/23/2015 - Woodside Energy Ltd. reported that the company signed production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to Woodside in the 2013 Myanmar Offshore Bid Round. ...
Woodside Signs Production Sharing Contracts for Myanmar Offshore Acreage
Myanmar >> 3/20/2015 - Woodside signed production sharing contracts for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to Woodside in the 2013 Myanmar Offshore Bid Round. ...
Mart Completed Purchase of Onshore Nigerian OML18
Nigeria >> 3/20/2015 - Mart Resources, Inc is a member of a consortium that has acquired a 45% participating interest in Nigerian Oil Mining Lease 18 (“OML 18”) and all associated assets, wells, pipelines and infrastructure...
GASFRAC Gets Court Approval of Agreement for Purchase of Operating Assets & Services
Canada >> 3/20/2015 - GASFRAC Energy Services Inc. announces that GASFRAC has obtained the approval of the Court of Queen’s Bench of Alberta and the United States Bankruptcy Court (the Courts) in respect of the definitive ...
Acquisition of 27.5% of the Issued Share Capital of Timan Oil & Gas Plc
Russia >> 3/19/2015 - Araca Energy ASA (Araca) has signed a further agreement for the acquisition from Levant Energy Limited of 27.5 percent of the issued share capital of Timan Oil & Gas Plc. This agreement, which is on t...
Solvay & INEOS Sell Assets to Holding Company ICIG
Switzerland >> 3/19/2015 - Belgian chemicals group Solvay said it agreed to sell some assets to chemical holding company ICIG, as part of a deal with the European Commission to get its PVC joint venture with Switzerland-based I...
INEOS and Solvay to Divest Remedy Business to ICIG
Belgium >> 3/19/2015 - INEOS and Solvay have reached an agreement with International Chemical Investors Group (ICIG) to acquire the assets being divested by INEOS. This agreement, which follows extensive discussions with th...
New Licence Awarded Offshore Indonesia
Indonesia >> 3/18/2015 - The licence covers an area of approximately 8,300 square kilometres, adjacent to Statoil’s existing exploration acreage in the Aru and West Papua IV licences. Statoil will operate the licence with a 1...
Statoil Adds Acreage in Gulf of Mexico Central Lease Sale
United States >> 3/18/2015 - Statoil successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, LA. ...
Anadarko Takes Stake in Saddlehorn Pipeline
United States >> 3/18/2015 - Magellan Midstream Partners and Plains All American Pipeline, L.P. announced that a wholly owned subsidiary of Anadarko Petroleum Corporation has exercised its option to purchase a 20% equity interest...
Central GoM Lease Sale Garners $539 Million in High Bids
United States >> 3/18/2015 - The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) today held an oil and gas lease sale for the Central Gulf of Mexico that drew $538,780,056 in high bids for tracts on the U.S....
Sirius Acquires Oil Block in Niger Republic
Niger >> 3/18/2015 - Sirius Energy Resources has been awarded an oil exploration license in the north west region of Niger Republic. Sirius Energy Resources was among five companies that were successful in the recent bid ...
Etinde Farm-Out Completed - $165 million Cash Received
Cameroon >> 3/17/2015 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce the completion of the Etinde farm-out transaction and to confirm receipt of the initial $165 million ca...
Speedcast Acquires Hermes Datacomms to Boost Energy Communication Services
Russia >> 3/16/2015 - SpeedCast International Limited (SpeedCast), a leading global satellite communications service provider, announced it has signed a definitive agreement for the acquisition of Hermes Datacommunications...
KUFPEC Awarded New Exploration License in Pakistan
Pakistan >> 3/16/2015 - KUFPEC signed an Exploration License and Petroleum Concession Agreement with the Government of the Islamic Republic of Pakistan awarding KUFPEC exploration rights in the Paharpur Block in Pakistan. Th...
Update on Acquisition of Bijupira & Salema Fields & FPSO Fluminense
Brazil >> 3/16/2015 - PetroRio, the new brand of HRT Participaçoes em Petroleo S.A., announces an update on the expected timing of the geological report to be filed with the TSX Venture Exchange in connection with the prop...
Interra Resources Has Proposed Acquisition of Equity in Indonesia's Benakat Barat Petroleum
Indonesia >> 3/15/2015 - Interra Resources has announced that its fully-owned subsidiary, Goldwater Indonesia (GII), has entered into a conditional sale and purchase agreement (CSPA) with PT Benakat Integra (BI), PT Benakat O...
Rosneft Completes SANORS Purchase Transaction
Russia >> 3/13/2015 - Rosneft completed the transaction on purchase of 100% of shares of SANORS Holding Limited (Novokuibyshevsk Petrochemical Company). The transaction was completed after obtaining all the necessary appro...
Orca Energy Sells Cooper Basin Assets to Senex Energy
Australia >> 3/13/2015 - Orca Energy has announced that it has entered into a binding Sales Agreement with Senex Energy to sell its Cooper Basin assets for approx. $2,000,000 in cash, with an effective date of 1 January 2015....
Cue Energy acquires additional interest in the Mahakam Hilir PSC
Indonesia >> 3/11/2015 - Cue Energy Resources has completed the acquisition of 100% of SPC Mahakam Hilir Pte Ltd, which holds 60% of the Mahakam Hilir PSC in the prolific Kutei basin, onshore Kalimantan, Indonesia. Cue now ...

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