Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Kairiki Executes Farm-out Agreement
Philippines >> 5/1/2009 - Kairiki Energy is pleased to advise that its wholly owned subsidiary, Yilgarn Petroleum Philippines Pty Ltd, has executed a formal Farm-Out Agreement with Focus Oil and Gas SC54 Pte Ltd, a wholly owne...
Farmout of Cabinda Onshore South Block, Angola
Angola >> 4/28/2009 - Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC, has executed a farmout agreement with Pluspetrol Angola Corporation ("Pluspetrol"), a wholly owned subsidiary of Pluspetrol Resources Corpo...
Update to Kairiki farm-out process in SC 54, Philippines
Philippines >> 4/15/2009 - Further to our release of 23 March 2009 regarding Kairiki’s conditional agreement to farm-out a 17% interest in the inboard portion of SC 54 in the Philippines, Kairiki has entered into an updated Let...
Ecopetrol & Anadarko Sign an Agreement in Brazil
Brazil >> 4/14/2009 - Ecopetrol S.A., through its Brazilian subsidiary, Ecopetrol Oil Gas do Brasil Ltda., signed a Participation Agreement with Anadarko's subsidiary, Anadarko Exploracao e Producao de Petroleo e Gas Natur...
Sc55 Farm Out Update and Capital Raising Restructuring
Philippines >> 4/3/2009 - Otto Energy has said its farm-out negotiations for the deepwater exploration block Service Contract 55 (SC55), offshore southwest Palawan Island in the Philippines, were continuing despite the lapse o...
Kairiki to Divest Sicily Channel Assets
Tunisia >> 3/31/2009 - Kairiki Energy is pleased to advise that it has entered into agreements, through its wholly owned subsidiaries, to sell its 30% interest in each of the Sicily Channel exploration permits, Pantelleria ...
Apache's Neuquen Concessions in Argentina Extended Through 2027
Argentina >> 3/30/2009 - Apache Corporation announced that the Argentine province of Neuquen has agreed to extend eight federal oil and gas concessions for 10 additional years. Since acquiring the blocks in 2006, Apache has i...
Kairiki to Farm-out Interest in SC 54, Philippines
Philippines >> 3/23/2009 - Kairiki Energy is pleased to advise that it has entered into a conditional agreement with a private oil and gas investment company ("Investors”) to farm-out a 17% interest in the inboard portion of Se...
PA Resources Farm-out in Congo Approved by Government
Congo >> 3/6/2009 - PA Resources farm-out of shares in the licence Marine XIV has been approved by the government of the Republic of Congo (Brazzaville).

The oil and gas Group PA Resou...
Delta Hydrocarbons to Sell Its Interests in Tunisia
Tunisia >> 2/24/2009 - Delta Hydrocarbons B.V., a Partner with Eurogas International and Atlas Exploration Worldwide Ltd. ("APEX"), in the Joint Venture, has notified Eurogas International and APEX of its desire to sell its...
Uganda - Ministerial Consent for Farm Out
Uganda >> 2/13/2009 - Tower Resources plc, an AIM listed oil and gas exploration company and its wholly-owned subsidiary Neptune Petroleum (Uganda) Limited ("Neptune") announced on 22 December 2008 that they had reached ag...
Vitol to Divest VHFL Stake, Strengthen Focus on Fujairah Refinery
United Arab Emirates >> 2/11/2009 - Vitol Group (Vitol) announced that it has divested its 10% stake in Vopak Horizon Fujairah Limited (VHFL), a 1.5 million cubic meter oil storage facility in Fujairah, United Arab Emirates. ...
Vale Invests in Natural Gas Exploration
Brazil >> 1/22/2009 - Vale informs that it is negotiating with Woodside Energia Investimentos em Exploraçao de Petroleo Ltda ("Woodside") the acquisition of half of its stake in the consortium BM-S-48 and BM-S-55, formed t...
Block EA5 Farm-Out Agreement
Uganda >> 12/22/2008 - Tower Resources plc, an AIM listed oil and gas exploration company and its wholly-owned subsidiary Neptune Petroleum (Uganda) Limited have reached agreement (Farm Out Agreement) to farm out an interes...
Otto Energy to Farm Out Service Contract 55 - Philippines
Philippines >> 12/22/2008 - Upstream oil and gas company Otto Energy Limited is pleased to announce that the Company has entered into a conditional heads of agreement with BHP Billiton Petroleum Pty Limited to farm-out 60% of it...
Elixir Provides Updates at Block SL-4
Sierra Leone >> 12/12/2008 - Elixir Petroleum Limited, the international oil and gas exploration and production company provides an update on matters associated with Block SL-4, located offshore the Republic of Sierra Leone.
<...
Addax Petroleum Announces Acquisition in Gabon
Gabon >> 12/12/2008 - Addax Petroleum Corporation announced that it has acquired an additional 18.75 per cent interest in the Gryphon Marin license area bringing its total interest in the license area to 68.75 per cent, pr...
ANP Aapprovs the Acquisition by OGX on Block BM-S-29
Brazil >> 12/11/2008 - OGX announces that the Brazilian Petroleum, Natural Gas and Biofuels (“ANP”) has approved, as published in ANP’s website on December 11, 2008, the acquisition, by OGX Petroleo e Gas Ltda. (“OGX Ltda.”...
Afren Announces Farm-Down Agreement in Ghana with Mitsui
Ghana >> 11/20/2008 - Afren plc announces that Afren Energy (Ghana) Limited, a wholly owned subsidiary of the Company, has agreed a farm-down transaction with Mitsui E&P Ghana Keta Limited (Mitsui), a subsidiary of Mitsui ...
Ecopetrol Awarded Four Blocks in 2008 ANH Round
Colombia >> 11/7/2008 - Ecopetrol presented the highest offers for four exploratory blocks in the Colombia Round 2008 conducted by the National Hydrocarbons Agency (ANH). ...

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 © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.