Acquisitions and Mergers Latest News


Yuma Energy, Inc. and Davis Petroleum Acquisition Corp. announce merger agreement

Yuma Energy, Inc. (NYSE MKT: YUMA) (NYSE MKT: YUMA-PA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that they have entered into a definitive merger agreement for an all-stock transaction. Upon completion of the transaction, which is subje ...
North America | Friday, February 12, 2016

Thursday, February 11, 2016

Upstream M&A in Canada Falls Away at Beginning of 2016

Analysis in CanOils' newest report 'Upstream M&A in Canada Falls Away at Beginning of 2016' shows that the Canadian oil and gas upstream sector only saw Cdn$1.7 billion worth of M&A transactions in December 2015 and January 2016 combined. While this value is low, the tw ...
North America | Thursday, February 11, 2016

Tuesday, February 9, 2016

Frontera and UkrGasVydobuvannya sign strategic Memorandum of Understanding

Frontera Resources Corporation (AIM:FRR), an independent international oil and gas exploration and production company ('Frontera'), today announces that it has signed a Memorandum of Understanding ('MOU') with Ukraine's public joint stock company UkrGasVydobuvannya ('UG ...
Russia FSU | Tuesday, February 9, 2016

Monday, February 8, 2016

Suncor Energy announces successful acquisition of 72.9% of Canadian Oil Sands shares

Suncor announced today that approximately 72.9 per cent of Canadian Oil Sands shares equating to 353,307,264 common shares and accompanying rights have been tendered to Suncor's Offer. Suncor will take up all tendered shares and those shares will be paid for in accorda ...
North America | Monday, February 8, 2016

Schlumberger-Cameron merger receives unconditional clearance from European Commission

Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the European Commission has cleared their proposed merger without any conditions following a Phase 1 review. As previously announced, the U.S. Department of ...
West Europe | Monday, February 8, 2016

Wednesday, January 27, 2016

Shell shareholders vote in favour of the recommended combination between Shell and BG

Royal Dutch Shell plc announces the poll result from today's General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands. Shell shareholders expressed their support for the recommended combination with BG Group plc by carrying the reso ...
West Europe | Wednesday, January 27, 2016

Tuesday, January 26, 2016

Royal Energy Resources completes initial transaction to acquire control of Rhino Resource Partners

On January 21, 2016 Royal Energy Resources, Inc. (OTCQB: ROYE) entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which Royal agreed to purchase, and Wexford agreed to sell, a controlling ...
North America | Tuesday, January 26, 2016

Amerisur Resources acquires Platino Energy

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce the acquisition of Platino Energy (Barbados) Ltd, a private company, from COG Energy for a total consideration of US$7MM. Highlights: Payment to COG of a tota ...
West Europe | Tuesday, January 26, 2016

Friday, January 22, 2016

Mart Resources enters arrangement agreement with Midwestern Oil & Gas and San Leon Energy

Mart Resources, Inc. (TSX:MMT) announces that it has entered into an arrangement agreement with Midwestern Oil & Gas Company Limited ('Midwestern'), San Leon Energy Plc and 1038221 B.C. Ltd. ('Acquireco'). Under the terms of the Arrangement Agreement, Acquireco, a wholl ...
North America | Friday, January 22, 2016

Thursday, January 21, 2016

San Leon Energy announces termination of possible takeover discussions

The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its announcement dated 24 August 2015. The Board of San Leon confirms however that the potential offeror ha ...
West Europe | Thursday, January 21, 2016

Wednesday, January 20, 2016

Mitsubishi Corporation acquires full ownership of CIMA Energy

Mitsubishi Corporation (MC) hereby announces that it has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through its wholly owned subsidiary MC Global Gas Corporation. MC has been own ...
Asia Far East | Wednesday, January 20, 2016

Tuesday, January 19, 2016

Canadian Upstream M&A Activity Halves in 2015

M&A in the upstream sector of the Canadian oil and gas industry saw a very significant drop off from 2014, according to new analysis from CanOils. In 2015, the total combined value for all deals in Canada reached just over Cdn$21 billion, almost half of the 2014 total o ...
North America | Tuesday, January 19, 2016

Monday, January 18, 2016

Suncor Energy and Canadian Oil Sands reach agreement to support acquisition

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Canadian Oil Sands Limited (TSX:COS) are pleased to announce that they have reached an agreement to support the offer by Suncor to purchase all of the shares of COS. Under the terms of the support agreement (the 'Agreement') Sun ...
North America | Monday, January 18, 2016

Rockhopper Exploration and Falkland Oil and Gas Limited scheme of arrangement becomes effective

On 24 November 2015, the boards of Rockhopper and FOGL announced that they had reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned scheme of arrangement under Part IV of the Companies Act 1948, being the legisla ...
West Europe | Monday, January 18, 2016

Thursday, January 14, 2016

U.S. Shale Sees Lowest M&A Deal Activity for 6 Years in 2015

Evaluate Energy's upstream M&A review for 2015 showed that global deal value was down by 4% on the total seen in 2014, mainly due to the well-publicised price collapse forcing many companies to focus on merely surviving rather than any growth or acquisition strategies. ...
North America | Thursday, January 14, 2016

Gran Tierra Energy closes acquisition of Petroamerica

Gran Tierra Energy Inc. (TSX:GTE) (NYSE:GTE) and Petroamerica Oil Corp. (TSX VENTURE:PTA) are pleased to announce today that Gran Tierra has completed the acquisition of all of the issued and outstanding common shares of Petroamerica (being 108,888,215 Petroamerica Shar ...
North America | Thursday, January 14, 2016
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