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Acquisitions and Divestitures News

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...
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. ...
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. ...
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 ...
AziPac Acquires 25% Interest in Block 127 PSC Offshore Vietnam
Vietnam >> 8/22/2014 - AziPac Limited, the Seacrest Capital Group backed E&P company focussed on offshore exploration in the Asia Pacific and Bay of Bengal regions, is pleased to announce the acquisition of a 25% interest...
Atlantic Petroleum Farms-out 6% Equity in PL528/528B
Norway >> 8/22/2014 - Atlantic Petroleum has entered into a commercial agreement to farm out 6% of its 15% ownership in licence PL528/528B. This leaves Atlantic Petroleum with 9% ownership. The deal is subject to governmen...
Talisman to Proceed With KRG Sale Despite Big Oil Find
Iraq >> 8/22/2014 - Talisman Energy Inc , Canada's No.5 independent oil producer, said it still plans to sell its oil properties in Iraq's Kurdistan region, even after its partner announced a massive oil discovery on its...
Chariot Signed a Farm-out Agreement with Azilat
Brazil >> 8/20/2014 - Chariot Oil & Gas Limited is pleased to announce that its wholly owned subsidiary, Chariot Brasil Petroleo e Gas Ltda., has signed a farm-out agreement with AziLat Limited (AziLat) through its local s...
Assignment of 20% Interest in OPL 233
Nigeria >> 8/19/2014 - SacOil, the African independent upstream oil and gas company, is pleased to announce the assignment of 20% equity in Oil Prospecting Licence (“OPL”) 233 offshore Nigeria (“the participating interest”)...
Sea Dragon Farm out Agreement for South Disouq
Egypt >> 8/18/2014 - Sea Dragon Energy Inc., an oil & gas exploration and production company with assets in Egypt, is pleased to announce it has entered into an agreement with IPR Energy Resources, Ltd to farm-out a 45% p...
Eland Acquires 40% Interest in the Ubima Field
Nigeria >> 8/15/2014 - Eland, the oil and gas exploration and development company with a focus on Nigeria and West Africa, is pleased to announce that Wester Ord Oil & Gas Limited, a wholly owned subsidiary of Eland, has ag...

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