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Acquisitions and Divestitures News

Genel Signs Petroleum Agreement in Morocco
Genel Signs Petroleum Agreement in Morocco Morocco >> 11/21/2012 - Genel Energy announces that it has signed a Petroleum Agreement (the "Petroleum Agreement") and Association Contract with the Office National des Hydrocarbures et de Mines ("ONHYM") in Morocco, which ...
Clontarf Reports on Partnership Negotiations for Peru Blocks
Peru >> 11/20/2012 - Clontarf Energy plc announces an update on progress on its 100 per cent owned Blocks 183 and 188 in Peru. Block 183 in central Peru covers 396,826 hectares. Block 188 in southern Peru covers 595,809 ...
Tullow Enters Agreement for 40% in Guinea Concession
Guinea >> 11/20/2012 - Hyperdynamics Corporation announced that its wholly owned subsidiary, SCS Corporation Ltd, has entered into an agreement with Tullow Guinea Ltd., a subsidiary of Tullow Oil plc, for the sale of a 40% ...
Total Announces the Sale of its 20% in OML 138
Nigeria >> 11/19/2012 - Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$...
Alliance Won Five Exploration Licences in Russia
Alliance Won Five Exploration Licences in Russia Russia >> 11/19/2012 - Alliance Oil has been awarded 5 exploration licenses in Timano-Pechora: Fakelniy, Beluginskiy, Nireiskiy, Nadezdenskiy and North-Tabrovoyahinskiy, by Federal Agency Rosnedra. ...
Kilimanjaro Capital Signs Deal for Disputed Oil in Cabinda
Angola >> 11/19/2012 - Kilimanjaro Capital Ltd., a private Canadian company focusing on emerging nations in Africa, is pleased to announce that on 17 November 2012 it signed a formal Offshore Oil Assignment Agreement with t...
Mesa Energy & Armada Oil Execute Agreement for Combination
United States >> 11/15/2012 - Armada Oil, Inc. (Armada Oil) and Mesa Energy Holdings, Inc. (Mesa Energy) announced that they have entered into a definitive asset purchase agreement and plan of reorganization pursuant to which Arma...
Recovery Energy Sales Portion of its DJ Basin Acreage
United States >> 11/15/2012 - Recovery Energy, Inc., an independent oil and gas exploration and production company with operations and assets in the Denver-Julesburg (DJ) Basin, announced that it has entered into a definitive purc...
Premier Awarded A 30% Interest In Iraq’s Block 12
Iraq >> 11/15/2012 - In November, Premier was formally awarded a 30 per cent non-operated interest in Iraq’s Block 12. The plan is to acquire new seismic data across the block in 2013.
Shell Increases Participation in the Schiehallion Field
Shell Increases Participation in the Schiehallion Field Scotland >> 11/14/2012 - Shell announced the signing of separate agreements for the acquisition of Murphy Schiehallion Limited 5.9% stake in the Schiehallion field west of Shetlands and for the sale of Shell’s interest in the...
Primoris Services to Acquire Q3 Contracting Inc.
Canada >> 11/14/2012 - Primoris Services Corporation announced that it has signed a definitive agreement to acquire Q3 Contracting Inc. (Q3), with an expected closing date of November 17th. Based in Little Canada, Minnesota...
ZaZa & Vermilion Enter into a Definitive Purchase Agreement
ZaZa & Vermilion Enter into a Definitive Purchase Agreement France >> 11/14/2012 - ZaZa Energy Corporation announced that it has entered into a definitive share purchase agreement (Purchase Agreement) with Vermilion Energy Inc. (Vermilion), whereby Vermilion, through its wholly-owne...
Niko Resources & Partners Relinquish Qara Dagh Block
Iraq >> 11/14/2012 - Niko Resources Ltd. announces that, along with its consortium partners, Niko has entered into a relinquishment and termination agreement (the Relinquishment Agreement) with the Kurdistan Regional Gove...
A Relinquishment Agreement in Qara Dagh Block
Iraq >> 11/14/2012 - Niko Resources Ltd. announces that, along with its consortium partners, Niko has entered into a relinquishment and termination agreement (the Relinquishment Agreement) with the Kurdistan Regional Gove...
Murphy Oil Announces Seal Acquisition
Canada >> 11/13/2012 - Murphy Oil Corporation (MUR) announced that Murphy Oil Company Ltd., a wholly owned subsidiary, has entered into an agreement with Shell Canada Energy to purchase, for an undisclosed amount, additiona...
Heritage to Sell its Remaining 49% Stake in Iraq’s Miran Block
Heritage to Sell its Remaining 49% Stake in Iraq’s Miran Block Iraq >> 11/12/2012 - Heritage Oil Plc, an independent upstream exploration and production company, and its wholly owned subsidiary, Heritage Energy Middle East Limited (HEME), announce the proposed divestment of HEME’s re...
Genel Energy to Farm-In to Jacka Odewayne Block
Somalia >> 11/12/2012 - Australian oil and gas explorer Jacka Resources Limited (Jacka) is pleased to announce that it has entered into an agreement with Genel Energy plc (Genel), whereby Jacka will farm out 50% equity to Ge...
Abu Dhabi's TAQA in Talks for Iraqi Kurdistan Oil Stake
Abu Dhabi's TAQA in Talks for Iraqi Kurdistan Oil Stake Iraq >> 11/12/2012 - Abu Dhabi National Energy Co (TAQA) is in advanced talks to buy a stake in an oil block in Iraqi Kurdistan by taking a majority interest in General Exploration Partners (GEP), industry sources said. ...
RWE Dea Awarded New Concession in Egypt
Egypt >> 11/12/2012 - RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore. The block was offered in the International Bid Round 2011 of the Egyptian General Petroleum Corporation (EGPC).
Petroceltic Wins Block in 2011 EGPC Bid Round
Egypt >> 11/9/2012 - Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and Black Sea regions, is pleased to announce its participation in...

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