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Acquisitions and Divestitures News

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...
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...
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...
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 ...
Azonto Relinquishes Offshore Accra Block in Ghana
Ghana >> 3/11/2015 - Azonto announces that, as a result of a continued strategic review of its operations and prolonged discussions with the government of Ghana and potential partners with regard to ongoing participation ...
KazMunaiGas Extends Subsoil Use Contracts in Kazakhstan
Kazakhstan >> 3/11/2015 - KazMunaiGas Exploration Production JSC (KMG EP) announces that addendums have been signed to extend contracts between the Kazakh Ministry of Energy and KMG EP subsidiaries. ...
Glencore to Take 49% Stake in Russian Oil Firm Russneft
Russia >> 3/11/2015 - Glencore is to take a 49 percent stake in Russian oil producer Russneft as a result of a restructuring, its owner said, despite fears that an escalating conflict between Moscow and the West over Ukrai...
Midstates Petroleum Sells Dequincy Area for $44m
United States >> 3/10/2015 - Midstates Petroleum Company, Inc. through its wholly-owned subsidiary, Midstates Petroleum Company LLC, has executed a Purchase and Sale Agreement (“PSA”) with Pintail Oil and Gas LLC for the sale of ...
Tap Oil Awarded 2 Blocks in the Australian 2014 Offshore Acreage Release
Australia >> 3/9/2015 - Tap Oil Limited is pleased to advise that it has been awarded 100% of Blocks W14-7 and W14-16 in the prospective Barrow and Dampier sub-basins on the North West Shelf offered under the 2014 Offshore ...
ACCC to Not Oppose Woodside’s Proposed Acquisition of Apache’s Interests
Canada >> 3/5/2015 - The Australian Competition and Consumer Commission will not oppose Woodside’s proposed acquisition of Apache Corporation’s interests in the Wheatstone, Balnaves and Kitimat Projects. The Wheatstone an...
Gazprom Neft Khantos Acquires New 2 Licences
Russia >> 3/4/2015 - Gazpromneft Khantos has acquired two new exploration and production (E&P) licences, for the Maloyugansk and Zapadno-Zimnee fields in the Khanty Mansiysk Autonomous Region. These new assets, acquired b...
Polarcus Awarded Broadband 3D Seismic Acquisition Project
Polarcus Awarded Broadband 3D Seismic Acquisition Project Egypt >> 3/4/2015 - Polarcus Limited has received an award from an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND(TM) technique for broadband data acquisition. ...
BP to Sell Stake in Major North Sea Gas Pipeline
United States >> 3/4/2015 - Oil major BP has put up for sale its stake in one of Europe's biggest natural gas pipelines in the North Sea as part of its ongoing asset disposal programme.

BP holds a 36 percent i...
Trading Update & Appointment of Joint Broker
Tunisia >> 3/3/2015 -  Update on Ksar Hadada

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Sea Dragon Business Update and 2015 Outlook
Sea Dragon Business Update and 2015 Outlook Egypt >> 3/2/2015 - Sea Dragon Energy Inc. oil & gas exploration and production company with assets in Egypt, is pleased to provide the following business update and outlook for 2015. ...
Ophir Energy Completes Acquisition of Salamander Energy
United Kingdom >> 3/2/2015 - Ophir Energy announced that the Scheme has now become effective and the entire issued ordinary share capital of Salamander is owned by Ophir. Scheme Shareholders on the register at the Scheme Record T...

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