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Renaissance also said that it has opened its field operations office in Villahermosa, Tabasco, Mexico, which is near the Chiapas blocks.
Satisfying the debt will preserve cash for use on extraction technology at Asphalt Ridge, Utah.
Sembcorp Marine agreed to buy the 15% of PPL Shipyard that it did not already own for about $115 million from PPL Holdings and E-Interface Holdings, Reuters reported.
The board also said that it has extended the suspension of quarterly operations reports.
Additionally, Perisson purchased oil and gas rights on one-and-a-quarter sections, or about 800 acres (400 net), of land, continuing to expand land holdings in the core Twining area.
The company also said that all of the Fox Drilling debt will be retired, and that a new CA$100 million secured revolving credit facility was entered into.
Mid-Con Energy Partners LP (NASDAQ: MCEP) through subsidiary Mid-Con Energy Properties LLC has closed its acquisition of oil and natural gas properties in Nolan County, Texas, for about $19.5 million.
The newly acquired permits are all immediately adjacent to the Potash Restriction Zone.
Siccar Point also announced on Aug. 16 the appointment of former BG Group CEO Chris Finlayson as chairman, Reuters reported.
Perisson will have the right to acquire a further 40% working interest in both the Ribstone and Success properties.
The transaction’s completion will be subject to the execution of a binding agreement and customary closing conditions.
Sundance funded the $15.5 million cash purchase price with proceeds from a recently completed capital raise.