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Acquisitions and Divestitures News

BreitBurn Completes Acquisition of Oklahoma Panhandle Assets
United States >> 7/15/2013 - BreitBurn Energy Partners L.P. announced that it has completed the acquisition of oil properties and associated midstream assets in the Oklahoma Panhandle from Whiting Oil and Gas Corporation, a wholl...
MEO Resources Farming out Beehive Prospect in WA-488-P
Australia >> 7/15/2013 - MEO Australia has completed its assessment of the Beehive prospective resource estimates in its recently awarded, 100% owned WA-488-P. ...
Petroceltic Award of New Licence in Greece
Greece >> 7/12/2013 - Petroceltic International plc, the upstream oil and gas exploration and production company focussed on North Africa, the Mediterranean and Black Sea regions is pleased to announce that a consortium co...
Failed PEMEX Auction Ups Pressure on Mexico to Reform
Mexico >> 7/11/2013 - Mexican state oil monopoly Pemex got a dismal response to an auction of contracts at one of its main oil fields on Thursday, turning up pressure on the government to open up the industry to more priva...
Japex Acquires Interest in Kerapu Block
Japex Acquires Interest in Kerapu Block Indonesia >> 7/11/2013 - Japan Petroleum Exploration Co., Ltd. is pleased to announce that through its newly established wholly owned subsidiary, Japex West Natuna Limited., it has signed an agreement to acquire a 30% partici...
Antrim Sells its Option to Acquire 30% in Tanzanian PSA
Tanzania >> 7/10/2013 - Antrim Energy Inc., a Canada-based international exploration and production company, announced the sale of its option to acquire up to a 30% interest in the production sharing agreement for the Pemba-...
Cue and BHP Increase Interest in Carnarvon Basin Permit WA-389-P
Australia >> 7/5/2013 - Cue Energy Resources is pleased to announce that subject to the necessary regulatory approvals, it has agreed to increase its interest from 35% to 40% in WA-389-P in the Carnarvon Basin, Western Austr...
Stetson Extends Option Agreement for African Acreage
Canada >> 7/5/2013 - Stetson Oil & Gas Ltd., a Forbes & Manhattan Energy Group Company, reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private...
Stetson Extends Option Agreement for Offshore African Acreage
Canada >> 7/5/2013 - Stetson Oil & Gas Ltd, a Forbes & Manhattan Energy Group Company, reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private ...
CNOOC Signs PSC with PetroBroad Copower
China >> 7/5/2013 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed production sharing contract (PSC) with PetroBroad Copower Limited (PetroBroad Copower) for B...
Cooper to Acquire Vic P/41 Interests from Bass Company
Australia >> 7/5/2013 - Cooper Energy Limited (Cooper Energy) advises that it has entered into non-binding agreements to acquire substantial interests in the prospective and well-located offshore Gippsland Basin permits Vic/...
Zoltav Holds the Koltogorsky Licence in Russia
Russia >> 7/4/2013 - Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce the completion of its first major asset acquisition and the admission of its enlarged issued share capit...
PetroNova Focuses Its Participation in Llanos Blocks
Colombia >> 7/4/2013 - PetroNova Inc, a company engaged in the exploration and development of oil and natural gas resources in Colombia, announced that upon evaluation of the expenditures required to conduct additional expl...
Crown Point Approved a 10 Year Extension in Argentina
Argentina >> 7/3/2013 - Crown Point Energy Inc. is pleased to announce that the Company and its partners have received all necessary governmental approvals for a 10 year extension of the Las Violetas, Rio Cullen and Angostur...
Tower Acquired 20% Interest in Madagascan Licence
Madagascar >> 7/3/2013 - Tower Resources plc, the AIM listed Africa focussed oil and gas exploration company, is pleased to announce the acquisition of a 20% carried interest in Marovoay Block-2102, onshore Madagascar. The ac...
Panoro Energy Announces Completion of MKB Divestment
Congo >> 7/2/2013 - Panoro Energy ASA is pleased to announce that its wholly owned subsidiary, Prevail Energy Congo SAU, has completed the sale of its 20% interest in the MKB permit to Société Nationale des Pétroles du C...
Magellan Midstream Closes Texas-New Mexico PL Acquisition
United States >> 7/1/2013 - Magellan Midstream Partners, L.P. announced that it has closed on its previously-announced acquisition of pipeline assets in Texas and New Mexico from Plains All American Pipeline, L.P.

The...
Matra Completes Disposal of Arkhangelovskoe Licence
Russia >> 7/1/2013 - Matra is pleased to announce the completion of the Disposal of its 100% interest in the Arkhangelovskoe Licence which includes the Sokolovskoe Field. ...
Nido to Drill Two Wells Through Farm-In Deal
Indonesia >> 6/28/2013 - Nido Petroleum Limited is pleased to advise that it has executed three separate Farm-in Agreements with Lundin Petroleum B.V. (Lundin) to participate in the Gurita, Baronang and Cakalang PSCs located ...
China Set to Win Conoco Stake in Kashagan Field
Kazakhstan >> 6/28/2013 - China is the likely winner of ConocoPhillips' share in Kazakhstan's Kashagan field, giving Beijing a stake in one of the biggest oil finds of the last few decades. ...

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