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Acquisitions and Divestitures News

President Provides Puesto Guardian Acquisition Update
Argentina >> 7/30/2014 - Highlights ...
New Zealand Receives Copper Moki Mining Permit
New Zealand >> 7/29/2014 - New Zealand Energy Corp. has been granted a 943.7 acre (3.819 km2) Petroleum Mining Permit ("Copper Moki Mining Permit") in the Taranaki Basin. The Copper Moki Mining Permit (PMP 55491) has been carve...
Eco Receives Parliamentary Approval for Oil Block Offshore Ghana
Ghana >> 7/29/2014 - Eco (Atlantic) Oil & Gas Ltd. (Eco Atlantic) is pleased to announce that the Parliament of the Republic of Ghana has ratified a petroleum agreement pursuant to which the Company may acquire a 50.51% i...
Drillsearch, Beach to Expand Cooper Basin Oil Partnership with ATP 924P
Australia >> 7/28/2014 - Drillsearch Energy Limited has executed an agreement with Beach Energy Limited for Beach to farm in to its ATP 924P oil and gas exploration permit in the south west Queensland section of the Cooper Ba...
GeoPark Awarded New Exploratory License in Colombia
Colombia >> 7/24/2014 - GeoPark continued expansion in Colombia through the award of a new exploratory license during the 2014 Colombia Bidding Round, carried out by the Agencia Nacional de Hidrocarburos ("ANH") on July 23, ...
BG Group Considers $1.7b North Sea Operations Sale
Norway >> 7/24/2014 - BG Group is considering selling its largest operations in the North Sea for about 1 billion pounds ($1.70 billion), The Times reported. ...
Sale of UK Assets for 1.5 million
United Kingdom >> 7/24/2014 - Northern Petroleum has signed sale and purchase agreements to sell the Company's interests in all of its UK licences and assets for 1.5 million to UK Oil & Gas Investments PLC ("UKOG"). Completion of...
Northern Petroleum Awarded Two Italian Permits
Italy >> 7/24/2014 - Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is offshore in the Sicily Channel adjacent to the Northern ...
Statoil Awarded Licence Offshore Colombia
Colombia >> 7/24/2014 - Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. ...
Colombia Oil Auction Sells 27% of Blocks Offered
Colombia >> 7/23/2014 - Colombia drew bids for fewer than one third of the blocks it offered at its 2014 oil round, the government said, with most interest in more familiar and explored regions, which may make it tougher to ...
Talisman Energy Says Approached by Repsol about Deal
Canada >> 7/23/2014 - Talisman Energy Inc shares rose 13 percent as it confirmed it has been approached by Spain's Repsol SA about potential deals, raising the prospect that one of Canada's largest independent oil companie...
Sintana Announces Amendment of Asset Purchase Agreement
Colombia >> 7/21/2014 - Sintana Energy Inc has entered into an amendment to an Asset Purchase Agreement with Live Oak Holdings, Inc. and its wholly owned Colombia subsidiary, LOH Energy Sucursal Colombia. Under the amendment...
MENA Negotiates for Sale Its Assets in Egypt
Egypt >> 7/21/2014 - MENA Hydrocarbons Inc. is pleased to announce the following corporate update. ...
Conclusion of Formal Sale Process
Thailand >> 7/21/2014 - Salamander announces that in respect of a definitive conditional Share Sale and Purchase Agreement entered into between Salamander and SONA Petroleum Berhard to dispose of an effective 40% working int...
Solo Oil Updates on Horse Hill Prospect
United Kingdom >> 7/21/2014 - Solo Oil Plc announces that Horse Hill Developments Ltd ("HHDL") received formal notification from the UK Department of Energy and Climate Change ("DECC") on 17 July 2014 that: ...
InfraStrata Signs Exploration Agreement for License PL1/10 & P2123
United Kingdom >> 7/18/2014 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that, together with joint venture partners Brigantes Energy Limited and Terrain Energy Limited, i...
Ghanaian Parliament Approves OCTPS Petroleum Agreement
Ghana >> 7/18/2014 - The Petroleum Agreement by and among the Government of the Republic of Ghana, Ghana National Petroleum Corporation, GNPC Exploration & Production Company Ltd, UB Resources Ltd, RoyalGate Ghana Ltd and...
GPB Global Resources Signed PSA in Ethiopia
Ethiopia >> 7/17/2014 - H. E. Ato Tolesa Shagi, Minister of Mines of the Federal Democratic Republic of Ethiopia and Mr. Alexander Ivanov, Chief Business Development Officer of GPB Global Resources, have signed a Petroleum P...
Trinity Acquires 80% Interest in Blocks 1a and 1b
Trinidad and Tobago >> 7/17/2014 - Trinity has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contai...
Tullow to Farm into Eco Atlantic's Cooper Block
Namibia >> 7/17/2014 - Eco (Atlantic) Oil & Gas Ltd. has executed a Farm-out agreement with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc., pursuant to which Tullow has agreed to acquire up to a 40% worki...

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