Q4 sees Motive Offshore Acquisition and Division Launch
Motive Offshore Group, specialist in marine equipment fabrication and rental, has rounded off the final quarter of 2019 with the launch of a new Flexibles division and supporting acquisition. Motive has completed the acquisition of Stavanger-based Pumptech for a seven-figure sum, reflecting the am ...iHawk Set to Reach New Heights Following Developer Team Acquisition
Cyberhawk Innovations Limited (Cyberhawk), global leader in UAV inspection and creators of cloud-based asset management platform iHawk, has announced a significant increase in its software development capabilities following the acquisition of Arum's cloud-based software development team in Edinbur ...Serica Energy Completes BKR Acquisition From BP
Significant increase in reserves and production post BKR and BK completion Serica's pro-forma net 2P Reserves increased over 20-fold to 63.7 mmboe Net production from the assets acquired has averaged in excess of 23,000 boepd YTD of which over 85% is gas Acquisitions expected to be immediatel ...Husky Energy Reports Third Quarter 2018 Results
Funds From Operations up 48%, Earnings up 300% Year over Year CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) generated funds from operations of $1.3 billion in the third quarter, up 48 percent from $891 million in the same period last year. Year-to-date, funds from op ...Canadian Natural Resources Limited Announces Completion of the Offer to Acquire Laricina Energy Ltd
CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that its offer (the “Offer”) to acquire all of the issued and outstanding common shares (the “Laricina Shares”) in the capital of Laricina Energy Ltd. (“Laricina”) ...
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Total E&P Activités Pétrolières, a wholly owned subsidiary of Total Petroleum SA (“ Total ”), has exercised ...Rystad Energy: Diamondback Eyes Synergies in the Permian Basin with Energen Acquisition
US oil and gas producer Diamondback Energy's $9.2 billion acquisition of rival player Energen this week should generate significant synergies and improved overall production on operations in the prolific Permian Basin shale play, according to analysis by Rystad Energy. This deal, coming hot on the ...
On 3 May 2018 Ophir announced the proposed acquisition of a package of Southeast Asian assets from Santos Limited, an Australian listed oil and gas company, for an aggregate cash consideration of $205 million pre-working capital adjustments, subject to certain approvals (the "Transaction"). In ...RMP Executes Definitive Agreement for Alaska Acquisition
The Board of Red Emperor Resources NL (ASX/AIM: RMP) (“Red Emperor” or the “Company”) is pleased to advise that it has executed “Definitive Agreements” in relation to the recently announced farm-in acquisition of four (4) highly prospective leases containing a significantly large oil prospect o ...Diversified Gas & Oil PLC - Placing, Acquisition
Placing of 195,330,000 new Ordinary Shares at 97 pence per Ordinary Share to raise approximately $250 million Acquisition of EQT entities holding certain gas and oil assets for $575 million Admission of Enlarged Share Capital to trading on AIM Diversified Gas & Oil PLC (AIM: DG ...
Includes Federal Oil brand, distribution network and blending plant Strengthens ExxonMobil's lubricant business and Mobil brand in fast-growing Indonesian market IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil has completed the acquisition of PT Federal Karyatama (FKT), one of Indonesia's largest ...DGOC - $575m Acquisition Largest in AIM History for O&G Company - $250m Placing at 97p Per Share
Following on from the announcement made two weeks ago, DGO have announced the signing of a non-binding letter of intent to acquire a network of further gas and oil producing assets in the Appalachian Basin (where the company already operates) for a total cash consideration of approximately $575 mil ...Equinor Completes Acquisition of 25% Interest in Brazil’s Roncador Oil Field
Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25% non-operated interest in the Roncador oil field in Brazil's Campos Basin. This follows all transaction conditions being met, including government and regulator approval. Refl ...Diversified Gas & Oil PLC - Proposed Acquisition
Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, confirms that it has signed a non-binding letter of intent to acquire a network of further gas and oil producing assets in the Appalachian Basin (the “Acquisition”) for a total cash consideration of approximately $575 million. ...
International law firm Ashurst advised OMV, the international integrated oil and gas company based in Vienna, on its US$1.5bn acquisition of a 20 per cent participating interest in the two concessions for the offshore oil fields Umm Lulu and Sateh Al Razboot (SARB) (with the satellite fields Bin Na ...
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