Tethys's secondary listing on Kazakhstan RFCA approvedMar 31, 2008Tethys Petroleum Limited says that the listing of its securities on the Official List of the Regional Financial Centre of Almaty (RFCA) Special Trading Floor operated by the Kazakhstan Stock Exchange JSC (KASE) has been approved by a Resolution of the Expert Council of the RFCA.
Austral reports PNG asset sale and debt reductionMar 27, 2008Austral Pacific Energy Ltd. has signed an agreement with Horizon Energy for the purchase of Austral's 28.92% interest in Papua New Guinea petroleum retention license (PRL) 4 and 10.7% interest in PRL 5.
Sound Oil enters production sharing contract in IndonesiaMar 24, 2008Sound Oil plc has served default notices, through its subsidiary Mitra Energia Citarum Ltd, to its partners in the Citarum Production Sharing Contract (PSC) in respect of unpaid cash calls totaling US$5.9 million.
Salamander reports completion of the acquisition of GFI Oil & GasMar 20, 2008Salamander Energy plc says that, following the required Alberta court approvals on 17 March 2008, the acquisition of the entire issued ordinary share capital of GFI Oil & Gas Corporation (“GFI”) has now been successfully completed.
Dynamic completes acquisition of SPN ResourcesMar 18, 2008Dynamic Offshore Resources LLC and its affiliate, Moreno Group Holdings, LLC, have together closed the previously declared transaction to purchase a combined 75 percent interest in SPN Resources LLC for $165 million.
Osage to acquire producing field in ColombiaMar 17, 2008Osage Exploration and Development, Inc has signed a Letter of Intent and issued a $100,000 cash deposit to acquire a minority interest in a producing oil field in Colombia.
Lundin sells the Jotun field offshore NorwayMar 17, 2008Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum) sells its 70 percent interest in license PL103B
Valiant declares admission to AIM & first day of dealingMar 13, 2008Valiant Petroleum plc’s shares have been admitted to trading on AIM and dealings will commence at 8.00 AM under the ticker symbol: VPP.
Bridge Resources acquires interest in two North Sea blocks from Warwick EnergyMar 7, 2008Bridge Resources Corp. (Bridge) on behalf of its U.K. wholly-owned subsidiary Bridge North Sea Ltd. is has reached agreement to purchase the 8% royalty on Blocks 48/21a and 48/21b from Warwick Energy Limited (Warwick).
Suncor Energy plans share splitFeb 28, 2008Suncor Energy Inc. plans to implement a two-for-one share split of its issued and outstanding common shares.
Superior to sell 75% of interest in SPN Resources LLCFeb 27, 2008Superior Energy Services, Inc. has entered into a purchase agreement to sell 75% of its interest in SPN Resources LLC to Dynamic Offshore LLC and its affiliated companies for $165 million in cash.
Mediterranean Oil & Gas acquires JKX ItaliaFeb 25, 2008MOG declares acquisition of 100% of JKX Italia Ltd (“JIL”) from JKX Oil & Gas Plc for €2 million
Denbury completes Louisiana property saleFeb 22, 2008In October 2007, Denbury Resources entered into an agreement to sell its Louisiana natural gas assets to a privately held company for approximately $180 million (before closing adjustments) plus any amounts received in the future from a net profits interest.
Lloyd's Register Americas acquires MartecFeb 21, 2008Lloyd's Register Americas Inc. has concluded the acquisition of Martec, an engineering firm based in Halifax, Nova Scotia.
ENMAX acquires Cordero Energy inc.Feb 21, 2008ENMAX Corporation confirms the proposed acquisition of Cordero for approximately $218 million, including the assumption of debt.
Centrica invests to acquire additional interests in North Sea gas assetsFeb 18, 2008Centrica plc, the owner of British Gas, is adding to its gas assets in the North Sea by acquiring 50 per cent of the equity in gas fields held by Sojitz Energy Project Limited for $70 million (£36 million) in cash.
Quest Energy Partners acquires properties in OklahomaFeb 17, 2008Quest Energy Partners, L.P. has purchased certain oil producing properties in Seminole county Oklahoma from a private company for $9.5 million in a transaction that closed in early February.
Enerplus and Focus closes strategic mergerFeb 14, 2008Enerplus Resources Fund and Focus Energy Trust declares that the merger of Enerplus and Focus pursuant to a plan of arrangement was completed today.
Equator to raise $700,000Feb 12, 2008Equator provides a corporate update and also details on the raising of US$700,000 in addition to the US$1,172,160 announced on Friday 8 February 2008.
Bankers Petroleum closes first tranche of private placementFeb 7, 2008Bankers Petroleum Ltd. has completed the first closing of its previously announced CDN$60.0 million private placement, pursuant to which the Company issued 55,555,555 shares at a price of $0.90 per share for gross proceeds of approximately CDN$50.0 million.
TXCO Resources comments on Third Point LLCFeb 6, 2008TXCO Resources Inc. today commented on Third Point LLC and its various affiliates’ desire to nominate three directors for election to the Company’s Board of Directors at TXCO’s 2008 Annual Meeting of Stockholders.
Vanguard closes Permian Basin acquisitionFeb 5, 2008Vanguard Natural Resources, LLC has consummated its previously announced acquisition of oil and natural gas producing properties from Apache Corporation for an adjusted purchase price of $73.4 million, subject to customary post-closing adjustments.
Victoria Oil & Gas complete £20 million fundraisingJan 30, 2008Victoria Oil & Gas Plc has completed the allotment of 145,271,318 new ordinary shares of 0.5 pence each in the Company ("the Shares") as part of the £20 million fundraising that was announced on 21 December 2007 (the "Fundraising").
Leni Gas & Oil acquires producing asset in TrinidadJan 29, 2008Leni Gas & Oil has exercised its Option Agreement to purchase the entire share capital of Eastern Petroleum Australia Pty Ltd ("Eastern"). Eastern's main asset is a 25% interest in the Icacos Permit which is a 1,900 acre Icacos Oilfield located on the Cedros Peninsula of Southern Trinidad
California Oil & Gas to acquire the California assets of Beacon ResourcesJan 25, 2008California Oil & Gas Corporation has executed a Letter of Intent with Consolidated Beacon Resources Ltd. ("Beacon") to acquire the majority of their assets in the San Joaquin basin in Southern California for a combination of cash, COGC common shares and warrants.
