Acquisitions and Divestitures News in United States

Conoco Expanding Asset Sales
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. ...
Newfield Exploration Acquires Uinta Basin Assets
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...
BP to Sell Colorado Gas Plant to Anadarko Petroleum
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 ...
Update on Purchase of Cholla Assets in Kansas
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...
BP to Sell Fuel Storage & Pipeline Assets to Buckeye
3/18/2011 - BP Products North America announced that it has agreed to sell a package of 33 refined products terminals and 992 miles of pipelines across 13 states to Buckeye Partners L.P. Buckeye has also agreed t...
Vaalco Acquires Lease in Granite Wash Formation
3/10/2011 - VAALCO Energy, Inc. announced that it recently acquired a 640 acre lease in the Granite Wash formation in Hemphill County, Texas and that the Company has secured a drilling rig. The rig has been drill...
GOM Divestiture and Marcellus Shale Milestone
3/9/2011 - Seneca Resources Corporation, a wholly owned subsidiary of National Fuel Gas Company, announced that it has entered into an agreement to sell its offshore Gulf of Mexico oil and natural gas producing ...
Repsol Acquires Exploration Blocks In Alaska
3/7/2011 - Repsol E&P USA Inc. ("Repsol") is pleased to announce an exploration joint venture with 70 & 148 LLC (“70”) and GMT Exploration LLC (“GMT”) on the North Slope of Alaska. Terms of the join t venture in...
Concho Resources to Sell its Bakken Assets for $196m
2/28/2011 - Concho Resources Inc. announced that it has signed a definitive agreement with Linn Energy to sell its North Dakota Bakken assets for $196 million. The sale is expected to close by the end of the firs...
Range Resources to Sell Barnett Shale Properties
2/28/2011 - RANGE RESOURCES CORPORATION announced that it has signed a definitive agreement with a private company to sell its Barnett Shale properties in the Fort Worth Basin for a purchase price of $900 million...
Chesapeake Energy to Sell Fayetteville Shale Assets
2/21/2011 - Chesapeake Energy Corporation announced it has agreed to sell all of the company's interests in approximately 487,000 net acres of leasehold and producing natural gas properties in the Fayetteville Sh...
American Eagle to Acquire Acreage in Alberta Bakken
2/11/2011 - American Eagle Energy Inc. is pleased to announce that, together with its partner, Big Sky Operating LLC, the Company has entered into a purchase and sale agreement with a private company to acquire 4...
Sun River Completes Acquisition of Katy's Assets
2/10/2011 - Sun River Energy, Inc. closed the purchase of certain oil and gas interest under a definitive Purchase and Sale Agreement (PSA) with Katy Resources ETX, LLC (Katy). Under the PSA Sun River acquired a ...
INPEX Acquires Interest in Walker Ridge Blocks
2/7/2011 - INPEX CORPORATION is pleased to announce that through its wholly owned subsidiary, INPEX Gulf of Mexico Co., Ltd. (INPEX), it has acquired a 15% participating interest in the Walker Ridge 95/96/139/14...
CNOOC Buys Chesapeake US Shale Oil and Gas Assets
1/31/2011 - Chesapeake Energy Corporation and CNOOC Limited announced the execution of an agreement whereby CNOOC International Limited, a wholly-owned subsidiary of CNOOC Limited, will purchase 33.3% undivided i...
ZEEP to Purchase Eastman TXE Gasification Project
1/21/2011 - Zero Emission Energy Plants Ltd. (ZEEP) announced it has entered into a definitive agreement with Eastman Chemical Company Investments, Inc., to purchase all of the membership interests of TX Energy, ...
India's GAIL Looking to Acquire US Shale Gas Assets
1/18/2011 - Indian state-run gas firm GAIL (India) Ltd is scouting for shale gas assets in the United States and is willing to invest around $400-$500 million, the Mint newspaper reported, citing two unnamed peop...
Savoy Signs LOI to Acquire 135 Acre Lease in Texas
1/10/2011 - Savoy Energy Corporation, an independent oil and gas Company, announces it has signed a Letter of Intent to acquire a 135 acre lease in Central Texas. The lease includes proven non-producing reserves ...
Sandridge Energy Closes Sale of its Wolfberry Assets
1/6/2011 - SandRidge Energy, Inc. announced that it has closed the sale of its Wolfberry assets in the Permian Basin to a private party for cash proceeds of $155 million. The divested properties are producing ap...
GE Platforms Acquires SmartSignal Corporation
1/6/2011 - GE Intelligent Platforms announced that it has completed the acquisition of SmartSignal, a privately-held, analytics software company based in Lisle, Illinois. SmartSignal specializes in providing Rem...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.