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Acquisitions and Divestitures News

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...
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...
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...
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...
NT/P68 Farmin Agreement Notice Dates Extended to 28th October
Australia >> 8/15/2014 - MEO Australia Limited has agreed with Eni Australia Limited (Eni) to extend the notice dates under the NT/P68 Farm-in Agreement (FIA) for the second Heron well and the option for Eni to acquire an add...
Noreco and North Energy Agree Asset Swap
Norway >> 8/14/2014 - Noreco Norway AS and North Energy ASA have agreed to swap assets in two licenses on the Norwegian continental shelf. According to the agreement, Noreco will increase its ownership in the Haribo licens...
AWE Acquires 40% Interest in China Block 09/05
China >> 8/14/2014 - Farm-in for 40% of Block 09/05 is AWE’s first entry into China. ...
President Farms into Hernandarias Block in Paraguay
Paraguay >> 8/14/2014 - President announces an update on the Hernandarias Block, Chaco Region, Paraguay, and the conditional farm-in previously announced on 10 January, 2014. ...
Colombia Bidding Round 2014 Update
Colombia >> 8/13/2014 - Following our announcement on 1 August 2014, the Board of Andes, is pleased to announce the definitive awarding of three undeveloped fields with conventional oil discoveries, located in the Llanos bas...
Lundin Acquires Interest in PL674 Offshore Norway
Norway >> 8/12/2014 - Lundin Petroleum AB through its wholly owned subsidiary Lundin Norway AS has entered into agreements to acquire a 35 percent interest in PL674. Lundin Norway will acquire a 15 percent interest in PL67...
Impact Oil Secures $55m Investment in Gabon
Gabon >> 8/12/2014 - Impact Oil & Gas has raised a total of US$55 million through a private placing of new shares to both new and existing investors. The bulk of the placing, a total of US$50 million, has been raised from...
Talisman Iraq Assets is Ready for Sale
Iraq >> 8/12/2014 - Talisman Energy Inc, Canada's No. 5 independent oil and gas producer, said it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite conflict in the area...
Marathon Oil Signs EPSC for Gabon Offshore Block G13
Gabon >> 8/11/2014 - Marathon Oil Corporation has signed an exploration and production sharing contract (EPSC) for Gabon offshore Block G13, which was named Tchicuate upon signing, located in the deepwater, pre-salt play....
Woodside Acquires Exploration Acreage in Gabon
Gabon >> 8/11/2014 - Woodside has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. ...
PTTEP Signs PSC for Block MOGE 3 Onshore Myanmar
Myanmar >> 8/8/2014 - PTT Exploration and Production Public Company Limited, or PTTEP, wishes to announce that, on 8 August 2014, the consortium consisting of PTTEP South Asia Limited (PTTEP SA), a subsidiary of PTTEP, Pal...
MEO to Sell Tassie Shoal Projects Offshore Northern Australia
Australia >> 8/7/2014 - MEO Australia Limited, is pleased to announce an initiative to realise value from its strategic Tassie Shoal Methanol and LNG projects proposed for offshore Northern Australia. The decision to pursue ...

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