Acquisitions and Divestitures News in United States

Noble Acquires Interest in Exploration Leases in GOM
6/16/2014 - Noble Energy, Inc. has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP's interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases r...
Calumet Becomes JV Partner in Commercial GTL Project
6/9/2014 - Calumet Specialty Products Partners, L.P, a leading independent producer of specialty hydrocarbon and fuel products, announced its investment as a joint venture partner in the construction of a commer...
PPG to Acquire Specialty Coatings Supplier the Homax Group
6/5/2014 - PPG Industries announced that its North American architectural coatings business has reached a definitive agreement to acquire The Homax Group, Inc., a supplier of decorative wall and ceiling texture ...
Renewable Energy Group Completes Syntroleum Acquisition
6/3/2014 - Renewable Energy Group, Inc. announced that its wholly-owned subsidiary, REG Synthetic Fuels, LLC, has closed its acquisition of substantially all of the assets of Syntroleum Corporation. ...
W&T Acquired Woodside Energy's GOM Deepwater Properties
5/20/2014 - W&T Offshore, Inc. has completed the acquisition of exploration and production properties in the deepwater of the Gulf of Mexico from Woodside Energy (USA) Inc. The transaction includes a 20% non-oper...
Apache to Sell Lucius & Heidelberg GOM Developments for $1.4b
Apache to Sell Lucius & Heidelberg GOM Developments for $1.4b 5/8/2014 - Apache Corporation announced that its Gulf of Mexicosubsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a ...
EnerVest & FourPoint Energy Announce $275 Million in JV
5/6/2014 - EnerVest, Ltd., and its institutional partnerships along with its joint venture partner, FourPoint Energy, LLC, announced the acquisition of $275 million in producing properties in the Western Anadark...
BP Agrees to Sale of Interests in Four Alaska North Slope Assets
4/22/2014 - BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 5...
Neon Executes Agreement for Sale of Californian Assets
4/10/2014 - Neon Energy has executed a binding Purchase & Sale Agreement with a major Californian exploration and production company, for the sale of the Company’s Californian assets with a purchase price of US$2...
Westbridge Welcomes New Partner at Wharton
3/31/2014 - Westbridge Energy Corporation has entered into a binding agreement alongside Black Pearl Holdings, LLC whereby Westbridge and Black Pearl will convey a 30% working interest in the Wharton County Field...
EPL High Bidder on 21 Leases in Central GOM Lease Sale
3/21/2014 - EPL Oil & Gas, Inc was the high bidder on 21 leases at the Central Gulf of Mexico Lease Sale 231 held, March 19, 2014 in New Orleans, Louisiana. ...
Gulf Coast High Bidder on 6 Leases in Central Gulf of Mexico Sale
3/20/2014 - Gulf Coast Energy Resources, LLC was the apparent high bidder on six leases in the Central Gulf of Mexico Lease Sale 231. ...
Energy XXI Participates in Central Gulf of Mexico Lease Sale 231
3/20/2014 - Energy XXI was the apparent high bidder in 10 shallow-water blocks in the Central Gulf of Mexico Lease Sale 231, with a total investment of approximately $2.6 million The bids are subject to approval...
Occidental Announces Sale of Hugoton Field Assets
2/13/2014 - Occidental Petroleum Corporation has reached a definitive agreement to sell its Hugoton Field assets to an undisclosed buyer for pre-tax proceeds of $1.4 billion. This sale was approved by the Board o...
Jacobs Announces Acquisition of Eagleton Engineering
2/11/2014 - Jacobs Engineering Group Inc. announced that it has acquired Eagleton Engineering, LLC (Eagleton) headquartered in Houston, Texas. The acquisition enhances Jacobs’ capabilities in midstream and upstre...
Baytex to Acquire Aurora Oil & Gas
2/6/2014 - Baytex Energy Corp.and Aurora Oil & Gas Limited have entered into an agreement whereby Baytex will acquire, through a scheme of arrangement under Australian law (the “Arrangement”), 100% of the shares...
Licence Applications with Statoil to Revert to BPC
1/20/2014 - Bahamas Petroleum announces that it has received notification from Statoil of its intention to discontinue the joint licence development agreement ("JLDA") held with the Company following significant ...
Shell to Sell $15b of Assets Including Some North Sea Fields
1/14/2014 - Royal Dutch Shell could look to sell $15 billion (9.12 billion pounds) worth of assets over the next two years including some North Sea fields, said a media report, expanding on its existing guidance ...
Wessex Updates Interests in the South of England
1/9/2014 - Wessex Exploration PLC, the hydrocarbon exploration company, is pleased to provide the following update on its Interests in the South of England. ...
Rocksource Enters into Farm-out Deal in the Norwegian Sea
1/2/2014 - Rocksource ASA has entered into a farm-out option deal with Atlantic Petroleum Norge AS (“Atlantic Petroleum”) related to the PL 528 licence in the Norwegian Sea. The PL 528 licence contains the Ivory...

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