Acquisitions and Mergers

Latest News and Press Releases

Australasia

INPEX Acquires Interests in the WA-410-P and the WA-411-P, Browse Basin, Australia

Friday, May 16, 2008

INPEX Holdings Inc. announces that, through its wholly owned subsidiary INPEX Browse, Ltd., it has acquired a 20% interest in the WA-410-P and a 26.6...

West Europe

Nautical Petroleum Announces UK North Sea Farm Out Agreement

Thursday, May 15, 2008

Nautical Petroleum plc (AIM), the developer of heavy oil interests on the UKCS and mainland Europe announces that it has entered into a farm out agre...

West Europe

Island Oil & Gas Announces Sale of Netherlands Assets

Monday, May 12, 2008

Highlights • Island to sell Netherlands assets to Delta Hydrocarbons BV for a total consideration of $25m and future overriding royalty interests ...

North America

Tammany Announces Acquisition of Summit Gulf Venture Properties

Friday, May 09, 2008

Tammany Oil & Gas LLC announces the acquisition of all the assets of Summit Gulf Venture, LLC (SGV). The purchase included eight non-operated oil ...

North America

Indigo-Energy to Acquire 106,000 Acres of Oil and Gas Leases in Illinois Basin

Thursday, May 08, 2008

Indigo-Energy, Inc. announces that the Company has signed a Letter of Intent to acquire approximately 106,000 acres of gas and oil leases in the Illin...

Australasia

Swift Energy Agrees to Sale of Remaining New Zealand Assets

Wednesday, May 07, 2008

Swift Energy Company announces that one of its subsidiaries, Swift Energy New Zealand, has agreed to sell the remaining portion of its assets to an un...

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North America

Providence Announces Major U.S. Gulf of Mexico Asset Acquisition

Wednesday, May 07, 2008

• Acquires Oil & Gas portfolio in US Gulf of Mexico for $67.5 million (~ €43.5 million) • Portfolio currently generates c.1,300 BOEPD (net to Pro...

Africa

Galp Energia Buys Royal Dutch Shell Fuels Businesses in Mozambique, Swaziland and Gambia

Tuesday, May 06, 2008

Galp Energia has signed an agreement to buy Royal Dutch Shell fuel businesses in Mozambique, Swaziland and Gambia, for a total amount of 55 million do...

North America

Whiting Petroleum to Acquire Properties in the Uinta Basin for $365 Million

Monday, May 05, 2008

Whiting Petroleum Corporation today announced that it entered into a purchase and sale agreement with Chicago Energy Associates, LLC to purchase inter...

Russia-FSU

Arawak Energy Acquires Tamdykol Exploration Block in Kazakhstan

Monday, May 05, 2008

Arawak Energy Limited announces the acquisition, from a local Kazakh company, of a 100% interest in the Tamdykol exploration block (“Tamdykol”), locat...

North America

Forest Oil Completes Acquisition of Ark-La-Tex Assets; Announces First Quarter Update

Saturday, May 03, 2008

Forest Oil Corporation announces that it completed its previously announced acquisition of producing assets, including approximately 69,000 gross acre...

North America

Crimson Exploration to Acquire South Texas Assets for $65 Million

Thursday, May 01, 2008

Crimson Exploration Inc. has entered into a Purchase and Sale Agreement with a private company to acquire interests in four producing gas fields and u...

West Europe

Oilexco Closes Deal for Svenska UK Interests

Thursday, May 01, 2008

Oilexco Incorporated announces that it closed the deal on April 30, 2008 for Svenska Petroleum Exploration UK Limited's ("Svenska") interests for US ...

North America

TransGlobe Energy Closes Sale of Canadian Assets

Thursday, May 01, 2008

TransGlobe Energy Corporation announces the sale of all of its Canadian oil and gas assets to Direct Energy Marketing Limited closed on April 30, 2008...

Australasia

BG Group Proposal to Acquire Origin Energy

Wednesday, April 30, 2008

BG Group plc, a global integrated gas major, has approached Origin Energy Limited ("Origin"), Australia’s largest integrated energy company, with a pr...

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