Acquisitions and Divestitures News in Gabon
| 9/30/2013 - Harvest Natural Resources, Inc announced that its wholly-owned subsidiary, HNR Global Holding B.V. has entered into exclusive negotiations with Vitol S.A. (Vitol), to sell the Company's 66.667 percent... |
| 1/15/2013 - Pura Vida Energy NL is pleased to announce that it has been awarded an 80% interest in a Production Sharing Contract for the Nkembe block, offshore Gabon (“Nkembe PSC”). Pura Vida will be Operator und... |
| 10/11/2012 - Panoro Energy ASA, the independent oil and gas company with assets in West Africa and Brazil, is pleased to announce that it has received contingent offers for parts of its West African portfolio. The... |
| 6/22/2012 - Marathon Oil Corporation announced that its subsidiary Marathon Upstream Gabon Limited has entered into a farmout agreement with Total Gabon for a 21.25 percent working (25 percent paying) interest in... |
| 3/30/2012 - Bowleven, the African focused oil and gas company, traded on AIM, announces the completion of the sale of its entire equity interest in the EOV Permit, offshore Gabon, to Perenco SA for a cash conside... |
| 11/14/2011 - State-run explorer Oil India plans to buy Gabon assets of France's Maurel et Prom and may partner the African country for the purchase, the Indian company's chairman said on Monday. ... |
| 7/21/2011 - Oil India Ltd., the nation’s second- biggest state-run oil producer, is in talks to buy a stake in Etablissements Maurel & Prom SA’s assets in Gabon, three people with direct knowledge of the matter s... |
| 6/17/2011 - Petroleo Brasileiro S.A. - Petrobras, announces it has acquired, by means of its wholly-owned subsidiary Petrobras Participaciones S.L. – PPSL, 50 per cent of the stakes in the Ntsina Marin and Mbeli ... |
| 8/16/2010 - VAALCO Energy, Inc. announced that it has executed a farm-out agreement with Total Gabon (“Total”) for the Mutamba Iroru Permit, onshore Gabon, which is 100 percent owned by VAALCO. Under the terms o... |
| 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... |
| 6/5/2008 - Addax Petroleum Corporation announced that it has, subject to partial partner pre-emption rights, acquired an additional 18 percent working interest in the Iris Marin license area offshore Gabon by th... |
| 6/5/2008 - Sterling announced that it has conditionally agreed to farmout an 18% interest in the Iris Marin Production Sharing Contract (“PSC”), offshore Gabon. Following the farmout, Sterling will retain a 32% ... |
| 11/13/2007 - Devon Energy Corporation has agreed to sell its oil and gas business located offshore Gabon to Oranje-Nassau Energie B.V., a subsidiary of Oranje-Nassau Groep B.V. The purchase price is $205.5 million... |
| 4/10/2007 - BowLeven has announced that its wholly-owned subsidiary GGPC Gabon (Epaemeno) Ltd has entered into an agreement with Addax Petroleum Epaemeno Ltd, a wholly owned subsidiary of Addax Petroleum Corporat... |
| 1/23/2007 - Devon Energy Corporation plans to divest all of its assets in West Africa. The assets include estimated proved reserves of approximately 90 million oil-equivalent barrels (Boe) at December 31, 2006. T... |
| 12/12/2006 - Through 58%-owned subsidiary Total Gabon, Total signed an exploration and production sharing contract for the offshore Diaba license in Gabon. Covering an area of 9,075 square kilometres, the license ... |
| 4/23/2005 - Pan-Ocean Energy Corporation Limited announced that it has acquired a 25.71% working interest in two exploration blocks offshore Gabon near the Company’s existing Etame Marin Permit. The Company enter... |
| 2/4/2004 - Tullow Oil plc (Tullow) is to drill an exploration well on the Kiarsseny Marin Licence, offshore northern Gabon, following the farm-out of a 42.5 per cent interest in the block to Addax Petroleum (Add... |
| 10/20/2003 - Pan-Ocean Energy Corporation Limited announces to be in the final stage of negotiation, subject to government and regulatory approvals, with Shell Gabon S.A., a wholly-owned subsidiary of the Royal Du... |
