Acquisitions and Mergers News

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Friday, May 17, 2013

OGX and MPX sign an agreement for the sale of a 50% stake in 4 exploration blocks in the Parnaíba Basin
OGX Petróleo e Gás Participações S.A. (“OGX”) (Bovespa: OGXP3; OTC: OGXPY.PK), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has signed an agreement ...
South America | Friday, May 17, 2013

Thursday, May 16, 2013

Blue Earth Resources expands its Louisiana oil & gas acquisition
Blue Earth Resources, Inc. (OTCPINK: BERI), through its wholly-owned Petro Resources subsidiary, has completed a material expansion of its Louisiana acquisition announced on May 8, 2013. The initial acquisition involved a 37.5% WI (working interest) in Spider Field leas ...
North America | Thursday, May 16, 2013

Tuesday, May 14, 2013

Vanoil announces results of AGSM and approval of Fluormin acquisition
Vanoil Energy Ltd. (TSX VENTURE:VEL), an oil and gas company with a portfolio of assets in East Africa announce that all motions put forward for approval at its Annual and General Special Meeting held on May 10, 2013, passed with significant shareholder support. James ...
North America | Tuesday, May 14, 2013

Thursday, May 09, 2013

Solo Oil announce acquisition in West Africa
Solo is pleased to announce that it has signed a binding Memorandum of Understanding ("MOU") to acquire a 15% shareholding in Swiss based Pan Minerals & Oil AG ("Pan Minerals"). Solo will pay a cash consideration of £200,000 plus 60 million new ...
Africa | Thursday, May 09, 2013

Wednesday, May 08, 2013

PETRONAS acquires interest in brazil's offshore blocks
PETRONAS, through its subsidiary PETRONAS Brasil E&P Limitada, has reached an agreement with OGX Petroleo e Gas S.A (OGX) to acquire OGX's interest in two offshore blocks in Brazil's Campos Basin. Under the agreement signed on 7 May 2013, PETRONAS Brasil will a ...
North America | Wednesday, May 08, 2013

Tuesday, May 07, 2013

Sonde Resources announces joint oil approval of the farm-out to Viking and first quarter 2013 financial and operating results
Sonde Resources Corp. (TSX:SOQ) (NYSE MKT:SOQ) announced that the Company has received Joint Oil's approval to farm-out the Joint Oil Block to Viking Exploration and Production Tunisia Limited ("Viking"), a private company. The conditions to this approval ...
North America | Tuesday, May 07, 2013
Santa Maria Petroleum sells interest in Canaguaro Block
Santa Maria Petroleum Inc. (TSX VENTURE:SMQ) announces that it has agreed to sell its 25% oil and gas interest in the Canaguaro Block in the Llanos Basin in Colombia to Petrominerales Ltd. (TSX:PMG). Petrominerales will pay Santa Maria a total of $US6.0 million in cash ...
South America | Tuesday, May 07, 2013
Petrominerales acquires 87.5% interest in Canaguaro Block
Petrominerales (TSX:PMG) (BVC:PMGC) is pleased to announce the acquisition of an 87.5 percent interest the Canaguaro Block in the Llanos Basin of Colombia. SUMMARY OF ACQUISITION Petrominerales has entered into binding agreements to purchase an 87.5 percent interest i ...
South America | Tuesday, May 07, 2013

Thursday, May 02, 2013

Trap Oil Group announce acquisition of additional 85 per cent. in Surprise
Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to provide the following update. Surprise On 1 May 2013, Trapoil agreed to acquire ...
West Europe | Thursday, May 02, 2013

Wednesday, May 01, 2013

Kinder Morgan Energy Partners completes acquisition of Copano Energy
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) closed its previously announced acquisition of Houston-based Copano Energy, L.L.C. (NASDAQ: CPNO). KMP has acquired all of Copano's outstanding units for a total purchase price of approximately $5 billion, including th ...
North America | Wednesday, May 01, 2013

Tuesday, April 30, 2013

Petro River Oil completes acquisition, establishes significant presence in the promising Mississippi Lime Play and successfully negotiates a recapitalization
Petro River Oil Corp, (OTCPK:PTRC), previously known as Gravis Oil, announced that it has (1) acquired control of Petro River Oil, LLC (Petro LLC), an emerging oil and gas producer which controls a substantial acreage position in the Southeast Kansas region of the Missi ...
North America | Tuesday, April 30, 2013
Crocotta Energy announces strategic pipeline and marketing agreement and provides operational update
Crocotta Energy Inc. (TSX:CTA) is pleased to announce the following: EDSON PIPELINE AND MARKETING ARRANGEMENT Crocotta has entered into rich gas premium agreements with Aux Sable Canada LP ("Aux Sable") and an interconnection agreement with Alliance Pipeline ...
North America | Tuesday, April 30, 2013
Contango Oil & Gas and Crimson Exploration enter into merger agreement
Contango Oil & Gas Company (NYSE MKT: MCF) and Crimson Exploration Inc. (NasdaqGM: CXPO) jointly announced today that they have signed a merger agreement for an all-stock transaction pursuant to which Crimson would become a wholly owned subsidiary of Contango. Upon cons ...
North America | Tuesday, April 30, 2013
Whitecap Resources announces Dodsland Viking Light oil acquisition
Whitecap Resources Inc. (TSX:WCP) announce that it has entered into an agreement to purchase an existing Viking light oil waterflood asset in the Dodsland area of west central Saskatchewan for total consideration of $110 million (the "Acquisition"). The Acquis ...
North America | Tuesday, April 30, 2013