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Acquisitions and Divestitures News

Gazprom Outbids Rosneft & Lukoil for Licences to Two Arctic Fields
Russia >> 6/15/2016 - Russia's Gazprom has won licences for rights to develop two large oil and gas fields in the Arctic, beating rivals Rosneft and LUKOIL, an official at oilfield licences regulator Rosnedra told Reuters....
Licence Award & General Update and Notice of Results
Russia >> 6/15/2016 - Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to provide an update for shareholders. ...
Santos Basin Partner Pacific Makes Overdue Payment to Karoon Gas
Brazil >> 6/15/2016 - Karoon Gas Australia Ltd makes this announcement in respect of its 65% owned Santos Basin Brazil blocks S-M-1037, 1101, 1102, 1165 & 1166. ...
Karoon Gas Issues Default Notice to Santos Basin Partner Pacific
Brazil >> 6/14/2016 - Karoon Gas Australia Ltd would like to update stakeholders on further developments relating to Karoon’s 65% owned Santos Basin Brazil blocks S-M-1037, 1101, 1102, 1165 & 1166. ...
Rex Energy to Sell Illinois Basin Assets
United States >> 6/14/2016 - Rex Energy Corporation (Rex Energy) entered into a purchase and sale agreement with Campbell Development Group, LLC (Campbell) pursuant to which Campbell will acquire the company's Illinois Basin asse...
Antrim Obtains 100% Interest in FEL 1/13 Republic of Ireland
Ireland >> 6/13/2016 - Antrim Energy Inc., an international oil and gas exploration company, announces that its subsidiary Antrim Exploration (Ireland) Limited has received formal approval from the Department of Communicati...
NYK to Acquire Share of EMAS Chiyoda Subsea
Japan >> 6/13/2016 - NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation (Chiyoda) to acquire a 25 percent share of EMAS Chiyoda Subsea Limited (ECS). After NYK’s participation, the shar...
Magellan Sells Its Weald Basin Acreage and Settles Litigation
United Kingdom >> 6/13/2016 - Magellan Petroleum Corporation announced the sale of the Company's 50% interests in Petroleum Exploration and Development License ("PEDL") 234 in the Weald basin in the UK to UK Oil and Gas Investment...
Union Jack Oil Acquires Interest in PEDL182 from Egdon
United Kingdom >> 6/13/2016 - Union Jack Oil plc (Union Jack), an onshore oil and gas exploration and production company with a focus on exploration, production, development and investment opportunities in the United Kingdom hydro...
UK Oil & Gas Investments Acquires 100% Interest in PEDL234
United Kingdom >> 6/13/2016 - UK Oil & Gas Investments PLC has signed agreements with Celtique Energie and Magellan Petroleum to acquire 100% ownership of the 300 sq km (116 sq miles) Weald Basin licence PEDL234 (the "Licence"). T...
Europa Announces Transfer of Interest of FEL 2/13 and 3/13
Ireland >> 6/13/2016 - Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce that consent has beenreceived from the Irish Minis...
EnerGulf Acquires Interests in Six Gulf of Mexico Prospects
United States >> 6/9/2016 - EnerGulf Resources Inc. (EnerGulf) is pleased to announce a signed Letter of Intent to acquire certain interests in offshore Gulf of Mexico oil and gas prospects, as well as provide a Company update. ...
Pemex to Seek Oil Firm Tie-up in Trion Field
Mexico >> 6/9/2016 - Mexican state oil firm Pemex will present to its board its first possible deep-water tie-up with oil firms in the Trion field, according to people familiar with the matter, another major step in the o...
Primeline Files Notice of Arbitration Against CNOOC
China >> 6/9/2016 - Primeline Energy Holdings Inc. (“Primeline” or the “Company” references to which include its subsidiaries) (TSXV: PEH) today announces that it has sent a Notice of Arbitration to China National Offsho...
SPD Updated the West Salym Oilfield Licence
Russia >> 6/8/2016 - Salym Petroleum Development (SPD) updated the terms of the license agreement for the West Salym oilfield. Pursuant to addendum to the document, SPD extended validity of the license until 31 December 2...
AzEire Petroleum Awarded Atlantic Margin Licences
Ireland >> 6/8/2016 - AzEire Petroleum Ltd, the Seacrest Capital Group-backed E&P company focused on oil & gas exploration opportunities offshore Ireland, is pleased to announce that it has been awarded two licence opt...
Cooper Energy announces Sale of Indonesian Production Assets
Indonesia >> 6/7/2016 - Cooper Energy (COE) announces it has signed an agreement with ACL International Ltd. (ACL), a Canadian oil and gas company (through its wholly owned subsidiary Bow Energy International Holdings Inc.) ...
Sale of LNG Terminals and Thermoelectric Power Plants
Sale of LNG Terminals and Thermoelectric Power Plants Brazil >> 6/7/2016 - Petrobras began a bidding process to sell its liquefied natural gas (LNG) terminals in Rio de Janeiro and Ceara, along with the thermoelectric power plants associated with these terminals. The daily r...
Devon to Monetize nearly $1 Billion of Upstream Assets
United States >> 6/6/2016 - Devon Energy Corp. has entered into definitive agreements with undisclosed parties to monetize nearly $1 billion of non-core upstream assets in east Texas, the Anadarko Basin and an overriding royalty...
TAG Oil Acquires Kea Petroleum's Interest in Permit PEP 51153
New Zealand >> 6/6/2016 - TAG Oil Ltd. has acquired a 70% working interest and operatorship of the PEP 51153 (Puka) onshore permit in the Taranaki Basin of New Zealand. TAG’s joint venture partner in the Puka permit is MEO Aus...

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