Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Bowleven Extended the Option Agreement with Vitol E&P
Cameroon >> 4/1/2011 - Bowleven, the West Africa focused oil and gas exploration group listed on AIM, is pleased to announce that it has agreed an extension to the option agreement with Vitol E&P Limited (Vitol) in respect ...
Pacific Announces Alliance With Maurel in Colombia
Colombia >> 3/31/2011 - Pacific Rubiales Energy Corp. announced the acquisition of 50% of the interests held by Maurel et Prom in the Sabanero, Muisca, SSJN-9, CPO-17 and COR- 15 blocks, which are all located on-shore in Col...
Starcrest and Eland Oil & Gas Acquire 45% in OML 40
Nigeria >> 3/31/2011 - Starcrest Nigeria Energy Limited (“Starcrest”) and Eland Oil & Gas Limited (“Eland”) are delighted to announce that Elcrest Exploration and Production Nigeria Limited (“Elcrest”), a joint venture comp...
Uganda SPAs Signed Between Tullow, CNOOC and Total
Uganda >> 3/30/2011 - Tullow Oil plc (Tullow) is delighted to announce that on 29 March 2011 it signed Sale and Purchase Agreements (SPAs) with CNOOC and Total in respect of the sale of a one third interest to each party o...
Tullow Seeks EO's Stake in Ghana Jubilee Field
Ghana >> 3/29/2011 - Tullow Oil Plc is hoping to raise its stake in Ghana's Jubilee field by purchasing a 1.75 percent share held by Ghanaian firm EO, a company official told Reuters. ...
Murphy Adding Block in Iraq's Kurdistan
Iraq >> 3/29/2011 - Murphy Oil Corp, a U.S. oil and gas company in the process of shedding its refining assets, said it is adding to its position in Iraq's Kurdistan, where it recently began operations. ...
Transglobe Corporation Acquires West Bakr Concession
Egypt >> 3/28/2011 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces the signing of a Sale and Purchase Agreement ("SPA") to acquire a 100% working interest in the West Bakr Concession agreement in...
FAR Finalized Detailed Agreements in AGC Profond PSC
Senegal >> 3/25/2011 - FAR is pleased to announce that Detailed Agreements have been finalised with Ophir AGC (Profond) Limited (“Ophir”) confirming the terms of an earlier Heads of Agreement to participate in the drilling ...
Beach Commences Legal Proceedings Against Icon
Australia >> 3/25/2011 - Beach Energy Limited has commenced legal proceedings against Icon Energy Ltd to protect its position in relation to Beach's entitlement to earn up to a 40% interest in ATP 855. ...
Avana Awarded New Licensing Opportunity in Kenya
Kenya >> 3/24/2011 - Avana Petroleum is pleased to announce the award of Offshore Block L9 in the Lamu Basin, Kenya. Avana will hold a 10% interest in the L9 Joint Venture with 60% being held by Dominion Petroleum Limited...
Morumbi Oil & Gas Inc. Closes Acquisition
Papua-New Guinea >> 3/24/2011 - Morumbi Oil & Gas Inc. is pleased to announce that it has acquired all of the issued and outstanding share capital of Rockwell Exploration S.A., a private company incorporated and existing in the Baha...
Afren Acquires Interest in Tanga Block from Petrodel
Tanzania >> 3/24/2011 - Afren plc announces the acquisition of a 74 per cent operated working interest in the Tanga Block, located onshore and offshore Tanzania, from Petrodel Resources Limited. ...
NOVATEK Purchases Option in Yamal LNG
Russia >> 3/24/2011 - OAO NOVATEK (NOVATEK and/or the Company) announced that it has executed a call option agreement for the right to purchase the remaining 25.1% stake in Yamal LNG for USD 526 million which is valid unti...
Conoco Expanding Asset Sales
United States >> 3/23/2011 - ConocoPhillips said it will expand its planned sales of older, higher-cost assets by as much as $10 billion over the next two years, with proceeds earmarked to buy back stock. ...
Lundin Petroleum Awarded PSC for the Gurita Block
Indonesia >> 3/22/2011 - Lundin Petroleum AB is pleased to announce that it has been awarded a new production sharing contract (PSC) for the Gurita Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta o...
BP to Sell Colorado Gas Plant to Anadarko Petroleum
United States >> 3/22/2011 - BP America Production Company announced that it has agreed to sell its 93 per cent interest in the Wattenberg, Colorado natural gas processing plant to a wholly-owned subsidiary of Anadarko Petroleum ...
Newfield Exploration Acquires Uinta Basin Assets
United States >> 3/22/2011 - Newfield Exploration Company signed two separate purchase and sale agreements to acquire assets in the Uinta Basin from Harvest Natural Resources and an unnamed private company for an aggregate $308 m...
Update on Purchase of Cholla Assets in Kansas
United States >> 3/21/2011 - Sefton Resources, Inc., the independent oil and gas exploitation and production company, is pleased to announce that following the announcement made on 10 February 2011 concerning its intention to pur...
OGX Signs Concession Agreements in 2010 in Colombia
Colombia >> 3/21/2011 - OGX has signed the concession agreements with the ANH (Agencia Nacional de Hidrocarburos de Colombia) for the five exploratory blocks acquired in the Open Round Colombia 2010, held on June 22, 2010, i...
CEPSA Awarded Oil & Gas Exploration Block in Algeria
Algeria >> 3/21/2011 - CEPSA has been granted one of the two oil and gas exploration licenses awarded by Algeria’s National Agency for the Valuation of Hydrocarbon Resources (ALNAFT) during a bid round hosted by Algeria on ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.