Acquisitions and Mergers Latest News

Tuesday, September 1, 2015

Faroe Petroleum announces acquisition of Roc Oil, increasing interest in Blane Field, UK

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the conditional acquisition of Roc Oil (GB Holdings) Limited, which holds a 12.5006% interest in ...
West Europe | Tuesday, September 1, 2015

Friday, August 28, 2015

OEG Offshore merges with leading Gulf Coast oilfield equipment provider

OEG Offshore, a leading global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry announces the merger of its US business with leading Louisiana based oilfield equipment provider Cameron Rental and Tank Inc (CRT). The multi-million doll ...
North America | Friday, August 28, 2015

Thursday, August 27, 2015

Mart Resources terminates takeover by Midwestern Oil & Gas

Mart Resources, Inc. (TSX:MMT) announces that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company Limited had until August 26, 2015 t ...
North America | Thursday, August 27, 2015

Wednesday, August 26, 2015

Sclumberger announces agreement to acquire Cameron

Offers new growth opportunities by creating the industry's first complete drilling and production systems Integrates complementary downhole and surface offerings through software optimization and automation Total transaction value of $14.8 billion as of August 25, 2015 ...
North America | Wednesday, August 26, 2015

Monday, August 24, 2015

San Leon comment on takeover speculation

The Board of San Leon notes the takeover speculation regarding San Leon in yesterday's press. The Board of San Leon confirms that it has received an approach from a possible offeror, that may or may not lead to an offer being made for San Leon. This announcement does n ...
West Europe | Monday, August 24, 2015

Monday, August 17, 2015

Crescent Point Energy closes acquisition of Coral Hill Energy

Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) is pleased to report that the previously announced acquisition of Coral Hill Energy Ltd. closed today. As a result, Crescent Point has acquired productive capacity of approximately 3,200 boe/d of high-netback light oil and ...
North America | Monday, August 17, 2015

Tourmaline Oil Corp. completes acquisition of Mapan Energy

Tourmaline Oil Corp. (TSX: TOU) and Mapan Energy Ltd. (TSX VENTURE: MPG) jointly announce the completion of Tourmaline's previously announced acquisition of all of the outstanding Mapan common shares pursuant to an arrangement under the Business Corporations Act (Albert ...
North America | Monday, August 17, 2015

Friday, August 14, 2015

Trapoil announces results of general meeting and change of name to Jersey Oil and Gas Plc

Trapoil (AIM: TRAP) is pleased to announce that the resolutions proposed at the General Meeting held earlier today were all duly passed. The General Meeting was held to approve, inter alia: the Capital Reorganisation; the amendment of the Company's Articles of Associat ...
West Europe | Friday, August 14, 2015

Rosneft acquires Russian oilfield service company from Trican Well Service

A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressur ...
Russia FSU | Friday, August 14, 2015

Thursday, August 13, 2015

Amazing Energy Oil & Gas enters announces business combination with Jilpetco, Inc and finishes drilling WWJD #15 well

Amazing Energy Oil and Gas Co. (OTCQX:AMAZ): The Board of Directors has given their approval for the purchase of Jilpetco, Inc. Jilpetco, Inc. has been in business for 13 years, is bonded and approved by the Texas Railroad Commission and is an oil field operating and se ...
North America | Thursday, August 13, 2015

Monday, August 10, 2015

Tethys Petroleum cancels funding with AGR Energy in favour of potential offer by Nostrum Oil & Gas

Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) announces that the US$47.7 million financing with AGR Energy Holdings Limited and related clawback of shares by Pope Asset Management, LLC will not now proceed. The Board of Tethys has separately received a further approach fr ...
West Europe | Monday, August 10, 2015

Friday, August 7, 2015

Dragon Oil provides interim results for the period ended June 30th 2015

Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, today announces its interim financial and operational results for the period ended 30 June 2015. Financial highlights (US$ million, unless stated otherwise) 1 ...
West Europe | Friday, August 7, 2015

Thursday, August 6, 2015

Hannon Westwood acquires Novas Oil & Gas Consulting

Exploration research & analytics firm Hannon Westwood today announced the completion of the acquisition of Novas Consulting Limited for an undisclosed sum. Following the investment by energy specialist private equity company Energy Ventures in January 2015, Hannon West ...
West Europe | Thursday, August 6, 2015

Otto Energy acquires Borealis Petroleum

Otto Energy Limited (ASX:OEL) has acquired 100% of the issued capital of Borealis Petroleum Pty Ltd to earn an interest, through staged capital injections, in a substantial acreage position on the highly prospective, oil prone, onshore Alaskan North Slope held by Great ...
North America | Thursday, August 6, 2015

Monday, August 3, 2015

Atlantic Petroleum announces review of strategic alternatives

P/F Atlantic Petroleum (NASDAQ OMX COPENHAGEN: ATLA DKK & Oslo Stock Exchange: ATLA NOK) announced today that its Board of Directors has authorized the Company's management team to explore a broad range of strategic alternatives to further enhance shareholder value. Par ...
West Europe | Monday, August 3, 2015

ENOC increases Dragon Oil offer to 800p, declared unconditional and final

Revision of Offer Price to 800 pence for each Dragon Oil Share Following productive dialogue with minority shareholders The revised offer has been increased to give all parties certainty Valid Acceptances of 15.5 per cent. and Intended Acceptances of 1.32 per cent ...
West Europe | Monday, August 3, 2015
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