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Acquisitions and Divestitures News

Antero Announces Marcellus Shale Acquisition
United States >> 12/2/2010 - Antero Resources announced that it has acquired Bluestone Energy Partners, a privately held West Virginia natural gas producer. The Bluestone assets include producing properties with 19 MMcfd of gross...
Statoil Awarded Licences Offshore Canada
Canada >> 12/2/2010 - Statoil has been awarded interests in four new licences offshore Canada. The new acreage underlines the company's ambitions in the area. ...
Savoy Completed a 300-Acre Lease Acquisition in Texas
United States >> 12/1/2010 - Savoy Energy Corporation, an independent oil and gas Company, announces that on November 26th, 2010 the Company completed a 300-acre lease acquisition in Central Texas. This lease is within the "oil w...
E.ON Sells Gazprom Stake
Russia >> 12/1/2010 - E.ON has sold the 3.5 percent stake in Gazprom held by its subsidiary E.ON Ruhrgas. E.ON reached an agreement to sell a 2.7 percent Gazprom stake to Vnesheconombank (VEB), Russia’s state-owned investm...
Sale of Minnesota Downstream Assets Transaction Close
United States >> 12/1/2010 - Marathon Oil Corporation announced that its wholly owned subsidiary Marathon Petroleum Company LP (MPC) has closed the transaction with ACON Investments, LLC (ACON) and TPG Capital (TPG) for the sale...
Kodiak Completes Williston Basin Acquisition
United States >> 12/1/2010 - Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Williston Basin of North Dakota and Montana, announced that it closed the previously announced acquisition ...
Roxi Petroleum Provides Operational & Business Update
Kazakhstan >> 12/1/2010 - Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, announces the following operations and business update: ...
Goldnev Increases its Interests in Oil Shale Permits
Canada >> 11/30/2010 - Goldnev Resources Inc., announced that it has entered into a definitive acquisition agreement with Vega Resources Ltd., a private Alberta company to acquire a 17.5% working interest, representing all ...
GDF SUEZ E&P UK Grows UK Interests
United Kingdom >> 11/30/2010 - GDF SUEZ E&P UK Ltd was awarded seven new oil and gas licences in the 26th UK Licensing Round by the Department of Energy and Climate Change (DECC). These awards include five operated licences. Four o...
Qatar in Ras Laffan Project Talks with Total, Shell
Qatar >> 11/30/2010 - Qatar is in talks with Total and Royal Dutch Shell to develop the Ras Laffan petrochemical complex, Qatari Energy Minister Abdullah al-Attiyah said. ...
Africa Oil to Acquire Centric Energy’s Asset in Kenya
Kenya >> 11/29/2010 - Africa Oil Corp. is pleased to announce that it has signed a definitive agreement to acquire all of the issued and outstanding common shares of Centric Energy Corp., a publicly traded oil and gas comp...
Africa Oil to Acquire Centric Energy’s Assets in Mali
Mali >> 11/29/2010 - Africa Oil Corp. is pleased to announce that it has signed a definitive agreement to acquire all of the issued and outstanding common shares of Centric Energy Corp., a publicly traded oil and gas comp...
Qatar Will Bid Offshore Gas Exploration in January
Qatar >> 11/28/2010 - Qatar Petroleum, the state-run energy company in the country with the world’s third-largest gas reserves, is calling for bids for offshore exploration to be submitted early in 2011, people familiar wi...
New Licenses Offshore Greenland
Greenland >> 11/26/2010 - Statoil and its consortium partners – Shell and GDF Suez – have been awarded two large exploration blocks in the Baffin Bay bid round in West Greenland. Shell will be the operator of both blocks. ...
Sterling Enters into the Netherlands Offshore
Netherlands/Holland >> 11/26/2010 - Sterling Resources Ltd. is pleased to announce that approval has been received from the Dutch authorities to transfer to Sterling interests in five licenses within the F-Quad and L-Quad areas offshore...
Maersk Oil Awarded Offshore Licence in West Greenland
Greenland >> 11/26/2010 - Greenland announced that Maersk Oil has been awarded a licence covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km – about one fourth of the total s...
BP Awarded Exploration Block in Indonesia
Indonesia >> 11/26/2010 - Following an announcement last week by the Government of Indonesia last week, BP confirmed that it has been awarded a 100 per cent interest in the North Arafura oil and gas production sharing contract...
Cairn Seeks India Nod to Sell Stake in 3 Key Assets
India >> 11/25/2010 - UK explorer Cairn Energy has sought Indian government approval to switch control of three producing blocks to Vedanta Resources, an oil ministry source said, an important step in sealing the sale of i...
ADX Farms out further 10% of Sidi Daher Prospect
Tunisia >> 11/25/2010 - ADX Energy Ltd is pleased to announce a farmout has been executed for 10% of its 50% remaining interest in the Chorbane Permit with Verus Investments Limited (“Verus”). Under the terms of the agreemen...
Twin Butte Energy Announces Oil Acquisition for 2011
Canada >> 11/25/2010 - Twin Butte Energy Ltd. is pleased to announce that it has entered into a definitive agreement to purchase conventional heavy oil producing assets primarily in the Frog Lake area of North Eastern Alber...

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