Acquisitions and Mergers

Latest News and Press Releases

Australasia

Gastar Exploration Announces Sale of Australian Assets for $240 Million

Thursday, July 02, 2009

Gastar Exploration Ltd. has entered into definitive agreements with Santos QNT Pty Ltd and Santos International Holdings Pty Ltd, affiliates of Santo...

West Europe

Eni Completes the Euro 4.5 billion Sale of Italgas and Stogit

Wednesday, July 01, 2009

Following the agreements signed with Snam Rete Gas on February 12, 2009 and disclosed to the market on February 12 and 16, 2009, Eni announces that i...

West Europe

Vattenfall Completes Acquisition of Nuon Shares

Wednesday, July 01, 2009

Today, Vattenfall and Nuon completed the transaction announced on 23 February 2009. Vattenfall acquires 49 % of the Nuon shares as of the first of Ju...

North America

Range Closes Sale of West Texas Properties

Wednesday, July 01, 2009

Range Resources Corporation has closed the sale of its West Texas Fuhrman Mascho properties located in Andrews County, Texas for $182 million. The tr...

Russia-FSU

GDF SUEZ Announces Offshore Azerbaijan Acquisition

Tuesday, June 30, 2009

GDF SUEZ has acquired a 20% stake in the Exploration, Development and Production Sharing Agreement for the Absheron offshore block in the Azerbaijani...

North America

Energen Completes Acquisition of Permian Property

Tuesday, June 30, 2009

Energen Corporation has completed the acquisition of Range Resources Corporation’s interests in the Fuhrman-Mascho Field in the Permian Basin. The pu...

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Africa

Encore Acquisition Acquires Mid-Continent and East Texas Producing Properties

Monday, June 29, 2009

Encore Acquisition Company has entered into definitive agreements with EXCO Resources, Inc. and an affiliate, EXCO Operating Company, LP to acquire o...

West Europe

Midmar Energy Announces Sale of UK Onshore Producing Assets

Monday, June 29, 2009

Midmar Energy Limited, the UK-based exploration and production company active in the UK and Southern Iraq, announces that it has entered into an agre...

West Europe

BP to Sell Fuels Business in Greece

Friday, June 26, 2009

BP has agreed today to sell its ground fuels marketing business in Greece to Hellenic Petroleum for €359m ($500m) subject to various adjustments at cl...

Asia - Far East

BP to Sell West Java Interests to Pertamina

Thursday, June 25, 2009

BP has agreed the sale of its wholly-owned subsidiary, BP West Java Limited (BPWJ), to Indonesian state-owned oil and gas company PT Pertamina (Perser...

Worldwide

Addax Petroleum Reaches Agreement on Aquisition by Sinopec

Thursday, June 25, 2009

Addax Petroleum Corporation announces today that it has entered into a definitive agreement (the “Support Agreement”) with Sinopec International Petr...

West Europe

DONG Energy buys A2SEA

Thursday, June 25, 2009

DONG Energy buys A2SEA for the price of approximately DKK 700 million from Dansk Kapitalanlæg, Lønmodtagernes Dyrtidsfond and Clipper Projects, and a...

Russia-FSU

Total Reaches Agreement with Novatek for the Acquisition of a 49% interest in Terneftegas

Wednesday, June 24, 2009

Total has signed Heads of Agreement (HOA) with Novatek to acquire a 49% interest in Terneftegas, a Novatek’s wholly-owned subsidiary. Novatek will ma...

West Europe

Marathon Oil Announces Sale of Its Interest in Corrib Development in Ireland

Wednesday, June 24, 2009

Marathon Oil Corporation has entered into a definitive agreement with Vermilion Energy Trust, under which Vermilion will purchase Marathon's wholly ow...

West Europe

Venture Production Announces Acquisition of Shares in NOGAT B.V.

Tuesday, June 23, 2009

Venture Production plc, the Aberdeen headquartered UK independent oil and gas production company, announces that it has agreed to acquire Lundin Petr...

North America

Quicksilver Resources Completes Sale of Barnett Shale Interest

Saturday, June 20, 2009

Quicksilver Resources Inc. has completed the sale of 27.5% of Quicksilver's Alliance leasehold interests to Eni. Quicksilver intends to use net proce...

West Europe

Venture Production Announces Partial Sale and Farm-out of SNS Gas Assets

Thursday, June 18, 2009

Venture Production plc, the Aberdeen headquartered UK independent oil and gas production company, announces that it has entered into an agreement wit...

Australasia

Falcon Oil & Gas Closes Acquisition of Additional Interest in the Beetaloo Basin Project

Wednesday, June 17, 2009

Falcon Oil & Gas Ltd. confirms that the company has acquired an additional undivided 25% working interest in PetroHunter's four exploration permi...

West Europe

Nuon Shareholders Accept Vattenfall’s Offer

Wednesday, June 17, 2009

At the Nuon Extraordinary General Shareholder Meeting, a majority of over 90% accepted Vattenfall’s offer to acquire the shares of Nuon. The transact...

West Europe

Centrica Given Deadline on Proposed Takeover of Venture

Wednesday, June 17, 2009

Following recent representations made by the advisers to Venture Production PLC, the Panel Executive has been considering the application of Rule 2.4...

Worldwide

Talisman in Agreement to Acquire Rift Oil

Tuesday, June 16, 2009

The Boards of Rift Oil PLC and Talisman Energy have reached an agreement on the terms of the recommended proposals for Talisman Holdings to acquire t...

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