Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Shell to Sell Gas Fields in South Texas
United States >> 12/10/2010 - Shell announced an agreement to sell a group of gas fields in South Texas to OXY USA, Inc., a subsidiary of Occidental Petroleum Corp., for approximately $1.8 billion, effective January 1, 2011. The s...
Habanero Increases Land Position in Quebec
Canada >> 12/9/2010 - Habanero Resources Inc. wishes to announce that it has acquired approximately an additional 20,000 acres via Gestim bordering Beaufield Resources Inc.'s Tortigny Prospect, approximately 125 kilometres...
RAM Energy Closes North Texas Gas Asset Sale
United States >> 12/9/2010 - RAM Energy Resources, Inc. announced it has closed a purchase and sale agreement effecting the strategic divestiture of the company's North Texas Barnett Shale and Boonsville properties to Milagro Pro...
Energen Acquires Bone Spring Acreage in Permian Basin
United States >> 12/9/2010 - Energen Corporation announced that its oil and gas exploration and production company, Energen Resources Corporation, has purchased 40,000 acres in the Permian Basin from SandRidge Energy Inc. for $11...
FX Energy & POGC Agree on Joint Exploration in Poland
Poland >> 12/9/2010 - FX Energy, Inc. reported that the Company has entered into a Letter of Intent with the Polish Oil and Gas Company (POGC) to jointly explore FX Energy’s Warsaw South concession. Under terms of the Lett...
Exoma Signs $50m Agreement With CNOOC Over Gas Assets
Australia >> 12/9/2010 - Exoma Energy Limited executed a Farmin Agreement, in Beijing, with one of China’s leading integrated energy companies, China National Offshore Oil Corporation, through one of its subsidiaries in Austr...
EOG Resources Considering Joint Venture Deals in 2011
United States >> 12/8/2010 - EOG Resources Inc would consider taking a joint venture partner for some of its shale gas acreage should the exploration company's plans to sell as much as $1.5 billion in natural gas assets in 2011 n...
Proper Power Receives Proposal for New Acquisition
United States >> 12/8/2010 - Proper Power & Energy, Inc. announced that it will issue a letter of intent to proceed with the acquisition of additional oil and gas leases in Kentucky. The Company has received an extensive written ...
Antrim Acquires Stake in Cerro Los Leones Concession
Argentina >> 12/7/2010 - Antrim Energy Inc. is pleased to announce that it has entered into an agreement to acquire a 50.1% interest in and operatorship of the 307,215 acre Cerro los Leones exploration concession, located in ...
W&T Offshore Update Acquisition of Offshore Fields
United States >> 12/7/2010 - W&T Offshore, Inc.announced that Shell Offshore Inc. has informed W&T that BP Exploration & Production Inc., the operator of the Gulf of Mexico deepwater blocks Viosca Knoll 871 & 915, known as the Ma...
Shell Brazil Plans to Drill 10 Wells
Brazil >> 12/7/2010 - The Brazilian division of Royal Dutch Shell (RDSa.L) plans to drill ten wells over the next 18 months in the South American country and could participate in future oil field auctions, a company offici...
Lundin was Awarded Production Sharing Contract
Indonesia >> 12/7/2010 - Lundin Petroleum AB is pleased to announce that it has been awarded a new production sharing contract (PSC) for the South Sokang Block by MIGAS, the Indonesian oil and gas regulating authority, in Jak...
Petronas & Basf Sign Mou to Explore Joint Investment
Malaysia >> 12/6/2010 - PETRONAS and BASF signed a Memorandum of Understanding (MoU) to undertake a joint feasibility study to produce specialty chemicals in Malaysia, a move that would extend the two parties’ existing busin...
Prospex to Sell Mineral Rights in Alberta
Canada >> 12/6/2010 - Junior oil and gas company ProspEx Resources Ltd said it agreed to sell certain undeveloped mineral rights in Alberta to a private company for C$8.1 million in cash, to focus on development of its liq...
East West Petroleum to Acquire an Interest in Egypt
Egypt >> 12/6/2010 - East West Petroleum Corp. is pleased to announce that the Company has entered into an agreement to acquire a 20% working interest in a producing oil field (approximately 500bo/d) in Egypt from a priva...
Farm-Out of Fulla Exploration Well, West of Shetlands
Scotland >> 12/6/2010 - Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to ann...
Indonesia Awards Three Oil, Gas Blocks to Investors
Indonesia >> 12/6/2010 - Indonesia has awarded three oil and gas blocks to several local and foreign firms including Lundin Petroleum and Salamander Energy , the energy and mineral resources ministry said. ...
India & Kazakhstan Agree to Expedite Satpayev Block
Kazakhstan >> 12/6/2010 - The 8th meeting of the India-Kazakhstan Inter-Governmental Commission (IGC) on Trade, Economic, Scientific, Technological, Industrial and Cultural cooperation was held in New Delhi. ...
Shell to Sell Gulf of Mexico Fields to W&T Offshore
United States >> 12/4/2010 - Shell announced that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for $450 million, with an effe...
Indonesia Signs Exxon as a Partner on Natuna Field
Indonesia >> 12/3/2010 - Indonesian state oil and gas firm PT Pertamina said it had signed an agreement with Exxon Mobil to make it a partner in the development of the huge Natuna gas field, and was still talking to other pot...

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.