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Acquisitions and Divestitures News

DNO Granted Two year extension for Block SL18 in Somaliland
Somalia >> 9/8/2014 - DNO ASA, the Norwegian oil and gas operator, has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland. The first exploration period will now e...
San Leon Energy Increases Morocco Footprint
Morocco >> 9/8/2014 - San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, is pleased to provide an update on its Morocco acreage. San Leon has acquired the following worki...
BP, CNPC Raise Shares in Iraq's Rumaila Oilfield
Iraq >> 9/7/2014 - A revised contract signed last week by British oil major BP and China's CNPC for Iraq's Rumaila oilfield has raised both companies' stakes in a joint venture formed to develop the field, a senior Iraq...
Gulfsands Provides Tunisia Update
Tunisia >> 9/5/2014 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. is pleased to provide the following update ...
Tullow Agrees Gas Assets Sale in Netherlands Blocks L&Q
Netherlands/Holland >> 9/5/2014 - Tullow Oil plc announces that its subsidiary Tullow Exploration & Production B.V., has entered into an agreement to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q...
Statoil Farms into Acreage Offshore Colombia
Colombia >> 9/4/2014 - Statoil has signed farm-in agreements with Repsol, acquiring a 10% equity share in the Tayrona licence and a 20% equity share in the Guajira Offshore 1 licence. ...
M&P Amends the Extension Duration in Colomibia
Colombia >> 9/4/2014 - On 23 July 2014, the company Etablissements Maurel & Prom was awarded the SN-11 exploration permit in Colombia at the “Ronda ANH 2014” (a bidding process in Colombia). The exploration permit, which is...
ADX Sale of the Chorbane Permit Interest to Gulfsands
Tunisia >> 9/3/2014 - Further to ADX Energy Ltd’s announcement on 15 August 2014 reporting that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) had approved the transfer of all of AOG’s (ADX ‘s wholly owned...
Gazprom in Talks to Buy Stakes in Brazilian Oil Blocks
Brazil >> 9/2/2014 - OAO Gazprom, the world's largest natural gas producer, is in talks with rivals to buy stakes in oil exploration areas in Brazil, a senior executive said. ...
APC Provides Operational Update on West Africa Exploration
Ivory Coast (Cote D'Ivoire) >> 9/1/2014 - African Petroleum Corporation is pleased to provide an operational update on its West African exploration portfolio. ...
INPEX to Transfer Interest in Block S to Santos
Malaysia >> 9/1/2014 - Inpex Corporation announced that through its wholly-owned subsidiary, INPEX Offshore Northwest Sabah, Ltd, it has reached an agreement to transfer a 25% participating interest in the Deep-Water Block ...
Athabasca Oil Corporation Announces Closing of the Dover Transactio
China >> 8/29/2014 - Athabasca Oil Corporation announces that it has closed the sale of its 40% interest in the Dover oil sands project to Phoenix Energy Holdings Limited, a wholly owned subsidiary of PetroChina Internati...
CGX Obtained Order to Uphold Injunction against Repsol
Guyana >> 8/28/2014 - CGX Energy Inc. through its wholly-owned subsidiary CGX Resources Inc. obtained an order from the High Court of the Supreme Court of Judicature in Guyana upholding the injunction from the Commercial C...
Chariot Granted New Licences for Central & Southern Blocks
Namibia >> 8/28/2014 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announces an update on its Namibian portfolio, its repositioning in the region and forward work programmes acro...
Strike Energy Awarded New Cooper Basin Permit
Australia >> 8/27/2014 - Strike Energy Limited has been successful in its application for block CO2013?B in the Cooper Basin exploration acreage release by the Government of South Australia. ...
Ivanhoe Energy Confirms its Participate in Block 20
Ecuador >> 8/27/2014 - Ivanhoe Energy Inc. provided clarification regarding certain statements contained in a news article published by El Comercio in Ecuador earlier this week, and subsequently by the Wall Street Journal, ...
Shell Sells Some Nigeria Oil Fields
Nigeria >> 8/27/2014 - Shell has sold some of four oil fields up for grabs in Nigeria, it said, as the oil and gas company pushes ahead with global asset sales to cut costs. ...
Etinde Farm-out to LUKOIL/NewAge
Cambodia >> 8/26/2014 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces that all parties to the LUKOIL/NewAge Etinde farm-out agreement announced on 24 June 2014 have agreed to an extensio...
Cimarex Agrees to Property Sales Totaling $326m
United States >> 8/25/2014 - Cimarex Energy Co has signed various purchase and sale agreements to sell $326 million of oil and gas assets. Included is the sale of 4,200 net acres and associated wells in the Midland Basin located ...
Delonex Energy Awarded Exploration License in Ethiopia
Ethiopia >> 8/25/2014 - Delonex Energy Limited has been awarded an exploration license in Ethiopia. The license covers Blocks 18, 19 and 21 located in the Abred-Ferfer area, Ethiopia with a total acreage of 29,865 sq km.The ...

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