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Acquisitions and Divestitures News

Miller Energy Resources Secures Exploration License
United States >> 11/1/2010 - Miller Petroleum, Inc. dba Miller Energy Resources ("Miller") a high growth oil and natural gas exploration, production and drilling company announced that its wholly owned subsidiary Cook Inlet Ener...
Lufkin Acquisition of Petro Hydraulic Lift Systems
United States >> 11/1/2010 - Lufkin Industries, Inc.announced that it has acquired the operating assets of Petro Hydraulic Lift Systems, LLC (PHL) and certain related companies. PHL, based in South Louisiana, specializes in the d...
KKR Natural Resources Closes Oil and Gas Investment
United States >> 11/1/2010 - Kohlberg Kravis and Roberts Co.announced that KKR has acquired certain oil and gas assets in southeast Texas in two related acquisitions. The transactions, together valued at $40 million, are the firs...
Energen to Purchase Additional Wolfberry Acreage
United States >> 11/1/2010 - Energen Resources Corporation, the oil and gas exploration and production subsidiary of Energen Corporation, has signed a Purchase and Sale Agreement with a private seller to acquire 10,360 net Wolfbe...
Exxon and Total Seeking Exit from Angola Block 31
Angola >> 11/1/2010 - Indian state-run explorer Oil and Natural Gas Corp is examining a proposal to buy U.S. energy major Exxon Mobil's holding in an oil block in Angola, a top official said. ...
Sudan May Offer Equity Stakes to Indian Oil Firms
Sudan >> 10/30/2010 - Sudan may offer equity stakes to Indian oil firms in its four exploration blocks, the country's energy minister Lual A Deng said. ...
Woodside Increases Equity in Permit WA-404-P
Australia >> 10/29/2010 - Woodside advises that it has entered into a Sale and Purchase Agreement to acquire a 50% participating interest in exploration permit WA-404-P, offshore Carnarvon Basin, Western Australia from Hess Ex...
PA Resources Was Awarded A New Licence in UK
United Kingdom >> 10/29/2010 - The oil and gas group PA Resources has been awarded a new licence in the UK's 26th Licensing Round by the UK's Department of Energy and Climate Change.

The award, which is provisional pendi...
Gazprom and EDF Discuss Cooperation in Energy Sector
Russia >> 10/29/2010 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Bruno Lescoeur, Senior Executive Vice President of EDF. ...
Block A Aceh PSC Extension Signed
Indonesia >> 10/28/2010 - Premier is pleased to announce the signature of the Block A Aceh (previously known as North Sumatra Block A) Production Sharing Contract (PSC) by the joint venture partners, the Government of Aceh, BP...
Block A Aceh PSC Extension Signed
Indonesia >> 10/28/2010 - Premier is pleased to announce the signature of the Block A Aceh (previously known as North Sumatra Block A) Production Sharing Contract (PSC) by the joint venture partners, the Government of Aceh, BP...
Results of The 26th UK Oil and Gas Licensing Round
United Kingdom >> 10/28/2010 - Premier is pleased to announce the provisional award of five new licences in the 26th UK Licensing Round announced by the Department of Energy and Climate Change (“DECC”). These awards include two ope...
Goldnev Announces Acquisition in Pasquia Hills
Canada >> 10/28/2010 - Goldnev Resources Inc. is pleased to announce that it has entered into a definitive acquisition agreement with TransAction Oil & Gas Ventures Inc., a private Alberta company (“TransAction”) to acquire...
UK 26th Offshore Licensing Round Award
United Kingdom >> 10/28/2010 - Xcite is pleased to confirm that the UK Department of Energy and Climate Change has awarded Xcite Energy Resources Limited (“XER”) licences over Blocks 9/3c and 9/3d as applied for in the UK 26th Offs...
Serica Receives Offshore Licence Award in UK 26 Round
United Kingdom >> 10/28/2010 - Serica Energy is pleased to announce that, in the 26th Round of UK Offshore Licensing, the Company has been awarded a Production Licence over Blocks 210/19a and 210/20a in the Northern North Sea (“NNS...
Maersk Oil was Awarded 10 UK Blocks
United Kingdom >> 10/27/2010 - Maersk Oil sees a strong future for its UK North Sea oil and gas business after the Department of Energy and Climate Change awarded it 10 blocks in the 26th Licensing Round. ...
Shell Sells Downstream Businesses in Finland & Sweden
Finland >> 10/27/2010 - Shell announced that it has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. ...
First Exploration Licence in Northern Ireland
Ireland >> 10/26/2010 - Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), is pleased to confirm that it has been offered a petrol...
Faroe Acquires 18.0% Interest in the Blane Oil Field
Norway >> 10/26/2010 - 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...
IPC Acquires Israeli Company Shaldieli
Israel >> 10/25/2010 - Israel Petroleum Company, Limited (IPC) is pleased to announce that it has signed an agreement to acquire the publicly listed Israeli company Shaldieli, Ltd. in a reverse takeover. IPC will place its ...

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