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Acquisitions and Divestitures News

WPX Increases Delaware Basin Inventory with Bolt-On Acquisition
United States >> 1/12/2017 - WPX Energy has agreed to acquire assets that would increase its Permian operations to more than 120,000 net acres and deepen its drilling inventory of top-tier Delaware locations while enhancing key f...
Anadarko to Sell Eagle Ford Shale Assets for $2.3 Billion
United States >> 1/12/2017 - Anadarko Petroleum Corporation has agreed to sell its Eagle Ford Shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP. Anadarko's sponsored ...
Statement Regarding Media Speculation
Morocco >> 1/11/2017 - SDX notes the recent media speculation concerning a potential acquisition and material equity fundraising. ...
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico Mexico >> 1/11/2017 - Renaissance Oil Corp. (Renaissance) (ROE) is pleased to announce that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and ...
Frontera Signs Concession Agreement with Government of Moldova
Moldavia >> 1/10/2017 - Frontera Resources Corporation, an independent oil and gas exploration and production company, is pleased to announce that, on 2 January 2017, Frontera Resources International LLC, a fully-owned subsi...
Parsley Energy Acquires Midland Basin & Delaware Basin
United States >> 1/10/2017 - Parsley Energy, Inc. (Parsley or Parsley Energy) has entered into agreements to acquire, in unrelated transactions, certain undeveloped acreage and producing oil and gas properties located adjacent to...
Cooper Energy Completes Acquisition of Victorian Gas Assets
Australia >> 1/10/2017 - Cooper Energy reports the acquisition of the Victorian gas assets of Santos Limited (Santos) announced to the ASX on 24 October 2016 was completed today for all except the 10% interest in the Minerva ...
Approval of the Farm-Out Agreement with Eni in Rabat Deep Offshore
Morocco >> 1/9/2017 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) L...
Tullow Agrees a Substantial Farm Down to Total for $900 Million
Uganda >> 1/9/2017 - Tullow Oil plc (Tullow) has agreed a substantial farm-down of its assets in Uganda to Total E&P Uganda B.V. (Total). A Sale and Purchase Agreement with an effective date of 1 January 2017 has been sig...
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation Egypt >> 1/6/2017 - Eng. Tarek El Molla Minister of Petroleum and Mineral Resources received Dr. Stelios Nicolaides, Director, Hydrocarbons Service, Ministry of Energy, Commerce, Industry and Tourism. In the presence of ...
SM Energy Sells Non-Operated Eagle Ford Assets for $800m
United States >> 1/3/2017 - SM Energy Company has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, LLC , an affiliate of KKR, for the sale of the Company's third party operated assets in the Eagle For...
Freeport-McMoRan Completes Sale of Onshore California Properties
United States >> 12/30/2016 - Freeport-McMoRan Inc. has completed the previously announced sale of its onshore California properties to Sentinel Peak Resources California LLC for $592 million in cash, before closing adjustments. U...
Strike Energy Sells US Production Assets
United States >> 12/30/2016 - Strike Energy Limited (Strike) is pleased to provide an update with respect to the sale of the Group’s remaining production assets in the United States.   ...
Eni Signs Concession Agreements for Two New Exploration Blocks
Eni Signs Concession Agreements for Two New Exploration Blocks Egypt >> 12/27/2016 - Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round...
QGEP Buys Premier Oil’s Stake in Block FZA-M-90
Brazil >> 12/27/2016 - QGEP Participacoes S.A. (QGEP) announces that it has entered an agreement to assume the 35% ownership stake that its partner, Premier Oil do Brasil Petroleo e Gas Ltda. (Premier), holds in exploratory...
ONGC to Buy GSPC's Stake in Deen Dayal West Block KG-OSN-2001/3
India >> 12/24/2016 - Oil and Natural Gas Corporation Ltd. (ONGC) and Gujarat State Petroleum Corporation Ltd. (GSPC) have been engaged in discussions on a potential transaction for purchase by ONGC of GSPC’s stake and ope...
Norwest Energy Agrees Extension to TP/15 Xanadu Prospect Farmout
Australia >> 12/23/2016 - Norwest Energy would like to update its shareholders on the progress of the farmout of the drilling of Xanadu-1 located within TP/15, a block currently 100% owned by Norwest Energy (Norwest) via subsi...
DEA Strengthens its Position in the Njord Area
Norway >> 12/23/2016 - DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from...
Harvest Natural Resources to Sell Interests in Gabon
Gabon >> 12/22/2016 - Harvest Natural Resource, Inc. (HNR) and its wholly owned subsidiary, HNR Energia B.V., have entered into a Sale and Purchase Agreement with BW Energy Gabon Pte. Ltd, a private Singapore company, to s...
Eni's Acquisition of OPL 245 Given Legal Clearance
Nigeria >> 12/22/2016 - Eni takes note of the closure of the investigation and reaffirms the propriety of the transaction related to the acquisition of the OPL 245 operating license. Eni and Shell concluded the transaction w...

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