Acquisitions & Divestitures - Joint Ventures

Free

Europa Oil & Gas Signs Farm-out For Weald Basin Interest

Under the farm-out, UJO will acquire a 7.5% working interest in PEDL143 from Europa, paying 15% of the costs to drill the exploration well at Holmwood.

Erin Pedigo
Mon, 05/23/2016 - 17:33
Free

Keppel Will Enter JV For Offshore Russia Oil, Gas Operations

Keppel O&M and Rosneft will have shares of 45% each in the JV, while MHWirth will hold 10% while adhering to existing U.S. and EU sanctions imposed on Russia’s offshore sector, Reuters reported.

Erin Pedigo
Fri, 05/20/2016 - 09:24
Free

Murphy Oil To Exit Syncrude JV, Sells Interest To Suncor

Syncrude is a JV operation in the Alberta Sedimentary Basin, which extracts bitumen from oil sands and upgrades it to light synthetic crude oil. Production averaged 15,600 boe/d (net) in the first quarter of 2016.

Emily Moser
Thu, 04/28/2016 - 07:27
Non-free

Callon Petroleum Adds Midland Basin Acreage, Establishes New Core

Callon has entered transactions to boost its position in the Midland Basin to about 34,000 net surface acres, including a new core operating area in one of the basin’s hot spots.

Emily Moser
Thu, 04/21/2016 - 16:05
Free

Thai Coal Miner Banpu Buys Stake In Marcellus Shale JV

The Thai company said in a statement the deal was its first in the U.S. upstream gas business and was part of its strategy to balance its heavy exposure to the Asian market.

Emily Moser
Wed, 04/20/2016 - 07:05
Free

Gulf Coast Western Expands In Louisiana, Partners With Northcote

The Dallas-based company said April 7 it has acquired a 50% working interest in certain assets in Beauregard Parish, La. The company also partnered with the U.K.-based Northcote Energy Ltd.

Emily Moser
Mon, 04/11/2016 - 07:20
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YPF Appeals Court Order To Show Details Of Chevron Pact In Vaca Muerta

Opposition lawmakers believe the contract contains secret clauses that hand concessions to Chevron and undermine national interests.

Emily Moser
Thu, 03/17/2016 - 07:32
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Royale Energy Reports 4Q 2015 Financial Results

Quarterly operating income was also higher—it was about $1.87 million at fourth-quarter 2015, compared to the fourth-quarter 2014 operating loss of about $1.8 million. 

Erin Pedigo
Tue, 03/15/2016 - 16:25
Free

QS Energy, JBL Energy Partners Form Acquisition-Focused JV

As QS Energy's JV partner, JBL will source and evaluate proved developed producing oil and gas properties, with upside cash-producing potential through the drillbit, according to the release.

Emily Moser
Tue, 03/08/2016 - 07:53
Non-free

Rex Energy Holds On With $175 Million Appalachia JV

The agreement will boost Rex's HBP core acreage in the Appalachian Basin and provide liquidity for 15 additional wells in 2016 but sacrifices working interest in nearly 60 wells.

Emily Moser
Thu, 03/03/2016 - 11:22
Free

Talara Oil And Gas Forms Venture For North, South American Assets

The newly formed company will be led by Manuel Pablo (Manolo) Zuniga-Pflucker, president and CEO. He said the initial focus will be on Peru’s onshore assets.

Erin Pedigo
Mon, 02/29/2016 - 11:13
Free

Report: HSBC Advises Qatar Petroleum On Sale Of Oilfield Services Subsidiary

Al Shaheen holding company has three joint ventures in the oilfield services industry--two with GE Oil & Gas and one with the Middle East unit of Weatherford, Reuters reported.

Erin Pedigo
Thu, 02/18/2016 - 11:50

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