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Acquisitions and Divestitures News

Petroamerica Drilled Two Exploration Wells & Acquired Additional WI on Llanos-10 Block
Colombia >> 11/6/2014 - Petroamerica Oil Corp., a Canadian oil and gas company operating in Colombia is pleased to announce the commencement of drilling operations on two of its exploration properties in the Llanos Basin of ...
Occidental Petroleum to Sell its Interest in BridgeTex Pipeline
United States >> 11/6/2014 - Occidental Petroleum Corporation announced the entrance into an agreement with Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings, L.P. (PAGP) to sell its 50 percent interest in BridgeTex...
ONGC Videsh Eyes Stake in Tullow Oil's Africa Assets
Ghana >> 11/6/2014 - ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company Tullow Oil Plc, a source with direct knowledge of ma...
Geopark Acquires an Interest in the Cpo-4 Block
Colombia >> 11/5/2014 - GeoPark Limited announces expansion in Colombia with the addition of the CPO-4 Block to its portfolio through a partnership with SK Innovation. ...
AWE Completes Sale of 11.25% of BassGas Field
Australia >> 11/4/2014 - AWE has announced the completion of the sale of an 11.25% interest in T/L1 (BassGas infrastructure & Yolla field) and a 9.75% interest in T/18P (Trefoil field) to Prize Petroleum Company, a wholly own...
Range Signs St Mary’s Block License in Trinidad
Trinidad and Tobago >> 11/3/2014 - Range is pleased to confirm that following the announcement of award on 3 February 2014, the Company has signed the Exploration & Production Licence for the St Mary’s Block in Trinidad with the Govern...
Triangle Energy Acquires Interest in Queensland Licence
Australia >> 11/3/2014 - Triangle Energy has entered into an agreement with Goshawk Energy to farm into ATP1186 in the Surat Basin, Queensland. ATP1186 is 100km west of the Moonie oil field, one of Queensland’s oldest and lar...
South African Exploration Licence Being Processed by PASA
South Africa >> 11/3/2014 - Falcon Oil & Gas Ltd has been notified by the Petroleum Agency of South Africa ("PASA") that a decision has been taken to proceed with processing of the Company's application for a shale gas Explorati...
Touchstone Signed Exploration License for Ortoire Block
Trinidad and Tobago >> 11/3/2014 - Touchstone Exploration Inc. has signed an Exploration and Production License with the Ministry of Energy and Energy Affairs of Trinidad and Tobago for the Ortoire Block in Southern Trinidad. Under the...
Brightoil to Bid for Newfield's Stake in Bohai Bay & Pearl River
China >> 11/3/2014 - Brightoil Petroleum Limited is planning to submit a formal bid to acquire all the issued shares of Newfield Global Inc.(“Newfield”), which holds a 12% interest in Bohai Bay Block 05/36 (“Bohai Bay Blo...
UK's Frontier Seeks JV Partner
Oman >> 11/2/2014 - UK-based international oil and gas firm Frontier Resources says it is looking to partner with an investor ahead of the next phase of exploration targeting its onshore Block 38 licence in the southwest...
Tullow in Talks to Exit Namibia’s Kudu Gas in Investment Shift
Namibia >> 10/31/2014 - Tullow Oil Plc, a U.K. exploration company, is in talks with Namibia’s government to withdraw from the $2 billion Kudu gas project as it shifts investments to other parts of Africa. ...
Interoil Sells its Peruvian Operation
Peru >> 10/31/2014 - Interoil Exploration and Production ASA has entered into a conditional agreement to transfer ownership of its oil exploration and production activities in Peru to United Oilfield Inc., a company regis...
Basf & Toda Kogyo Corp. Agree to Form a Joint Venture for Cam
Japan >> 10/30/2014 - BASF, the world’s leading chemical company, and TODA KOGYO CORP., an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint vent...
Exoma Withdraws from the Galilee Joint Venture
Australia >> 10/30/2014 - Exoma Energy Limited has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P), effective as of 1 January , 2015. Following Exoma’s withdrawal, CNOO...
NT/P68 Farmin Agreement Notices Received
Australia >> 10/29/2014 - MEO Australia Limited advises that Eni Australia Limited (Eni) has elected not to drill an additional well on the Heron structure and will therefore withdraw from the Heron Area of NT/P68. ...
Total Sells 8% Interest in Gina Krog Field & Interests in 3 Minor Fields
Norway >> 10/28/2014 - Total through its wholly owned subsidiary Total E&P Norge AS has signed an agreement to sell an 8% interest in the Gina Krog field in Norway, together with its interests in the mature fields of Vilje ...
Bowleven Provides Etinde Farm-out Update
Cameroon >> 10/27/2014 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that notification of the Cameroon Government's approval of the assignment of the Etinde equity interest...
Statoil Takes Offshore Operatorship in Australia
Australia >> 10/24/2014 - Statoil continues to expand in Australia, with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia. ...
Impact Awards Licence Offshore Senegal/Guinea-Bissau
Senegal >> 10/24/2014 - Impact Oil and Gas, the African-focused pure exploration Company, is pleased to announce the award of a new exploration licence covering the AGC Profond block, located offshore, in the Senegal Guinea ...

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