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Acquisitions and Divestitures News

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 ...
Ophir Secures Two New Blocks Offshore Gabon
Gabon >> 10/24/2014 - Ophir Energy plc has expanded its footprint offshore Gabon by signing exploration and production sharing contracts for two additional blocks. ...
Chariot to Relinquish Northern Blocks 1811 A&B
Namibia >> 10/23/2014 - Chariot Oil & Gas Limited has opted not to apply for a new exploration licence in the Northern Blocks 1811A&B, offshore Namibia, with the current licence due to lapse on the 26 October 2014. ...
Mart Participates to Acquire Onshore Nigerian OML 18
Nigeria >> 10/21/2014 - Mart Resources, Inc is a member of a consortium that has entered into an assignment agreement with The Shell Petroleum Development Company of Nigeria Limited (“SPDC”), Total E&P Nigeria Limited and ...
QEP Sold Its Midstream Business for $2.5 bln to Tesoro
United States >> 10/19/2014 - QEP Resources, Inc. announced that its wholly owned subsidiary, QEP Field Services Company (“Field Services”), has entered into a definitive agreement to sell its midstream business, including the Com...
Oryx Acquires 85% Interest in AGC Central License Area
Senegal >> 10/16/2014 - Oryx Petroleum Corporation Limited has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and Guinea Bissau. ...
ANP Blocks Maersk Sale Of Polvo Oilfield Stake To HRT
Brazil >> 10/16/2014 - Brazil's oil regulator ANP rejected the sale of a 40 percent stake in the Polvo offshore oilfield to HRT Participacoes em Petroleo SA by the oil unit of Danish energy and shipping group AP Moeller Mae...
JAPEX Acquires Additional Interests in UK North Sea Licences
United Kingdom >> 10/15/2014 - As stated in a press release issued on 25th March 2014, JAPEX UK E&P LIMITED, wholly owned by Japan Petroleum Exploration Co., Ltd. executed a farm-out agreement with Apache North Sea Limited to acqui...
Global Energy Sold Llanos Basin Properties
Colombia >> 10/14/2014 - Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company with operations in Colombia, announces that on 13 October 2014, the Company entered i...
Aminex to sell up to 13% of Kiliwani North Licence
Tanzania >> 10/14/2014 - Aminex PLC (Aminex) is pleased to announce that it has reached a binding agreement to sell up to a 13% interest in the Kiliwani North Development Licence (KNDL) in Tanzania (the ‘Initial Acquisition’)...
Woodside Acquire 30% in Tilapia PSC
Cameroon >> 10/14/2014 - Woodside advises that it has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon. ...
UAE Asks Oilfield Bidders for 2-Month Offer Extension
United Arab Emirates >> 10/14/2014 - The United Arab Emirates has asked bidders for its biggest onshore oilfields to extend their offers by two months until Dec. 31, sources familiar with the matter said, as the country considers bringin...
Eco Announces Successful Closing of the Tullow Oil Farm-Out Transaction
Namibia >> 10/14/2014 - Eco (Atlantic) Oil & Gas Ltd is pleased to announce that, through its wholly-owned subsidiary, it has closed the previously announced farm out transaction with Tullow Kudu Limited, a wholly owned subs...
Statoil Sells Shah Deniz Stake to Petronas for $2.25b
Statoil Sells Shah Deniz Stake to Petronas for $2.25b Azerbaijan >> 10/13/2014 - Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, an...
Clontarf Provides an Update on Ghana Legal Proceedings
Ghana >> 10/13/2014 - The board of Clontarf Energy plc are pleased to report that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a lice...
Eni Signs Two New PSC Contracts in Vietnam
Vietnam >> 10/13/2014 - Eni's CEO, Claudio Descalzi, signed with Petrovietnam's President and CEO, Do Van Hau, two Production Sharing Contracts (PSCs) for the exploration of blocks 116 and 124, located off the coast of Vietn...
Faroe Completed Acquisition of Operated Interests in UK
United Kingdom >> 10/10/2014 - Faroe Petroleum has completed the previously announced acquisition of a 53.1% operated interest in the Schooner Field and a 60% operated interest in the Ketch Field in the UK Southern North Sea gas ba...
Rose Petroleum Completed Strategic Acquisition
United States >> 10/10/2014 - Rose Petroleum plc, the AIM-listed natural resources company, is pleased to announce that its wholly-owned U.S. subsidiary, Rose Petroleum (Utah) LLC has acquired 100% of the assets of a privately own...

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