Acquisition


All posts for Acquisition

Marathon Oil Announces $700 Million Northern Delaware Acquisition

Total Permian Position Now Over 90,000 Net Acres Houston, March 21, 2017 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today the signing of a definitive agreement to acquire approximately 21,000 net surface acres largely in the Permian's Northern Delaware basin of New Mexico f ...

OilVoice Press


Posted 8 days agoPress > Marathon OilDelaware BasinAcquisition

Subsea 7 announces acquisition of Seaway Heavy Lifting

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the acquisition, from K&S Baltic Offshore (Cyprus) Limited, of its 50% shareholding in Seaway Heavy Lifting Holding Limited (Seaway Heavy Lifting). Following signing and completion, after close of business on 10 March 2017, Seaway Heavy Lif ...

OilVoice Press


Posted 16 days agoPress > Subsea 7Seaway Heavy LiftingAcquisition

History repeats as US E&P operators grow by acquisition: Fuel for Thought

Barely three weeks into the New Year, US upstream merger and acquisitions have sizzled as players in a charged-up industry, hungry to get moving after two-plus years of low oil prices and curbed activity, position not just for the up-cycle but the next decade or two. Overwhelmingly, the Permian B ...

OilVoice Press


Posted 1 month agoOpinion > PlattsAcquisition

Upstream oil and gas M&A in Canada reaches Cdn$1.2 billion in December 2016

The value of December's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.2 billion – a sum around $300 million down on the equivalent totals in November and October, but still above the 2016 average of around Cdn$1 billion. This is according to data available in CanOils lates ...

Mark Young


Posted 2 months agoOpinion > CanadamergersAcquisition +6

Subsea 7 announces offer for Seaway Heavy Lifting

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited currently owned by K&S Baltic Offshore (Cyprus) Limited. The terms of the offer are binding on Subsea 7 unti ...

OilVoice Press


Posted 2 months agoPress > Subsea 7Seaway Heavy LiftingAcquisition

Premier Oilfield Laboratories Announces Acquisition of COREX UK Ltd

HOUSTON, TX – Premier Oilfield Laboratories, LLC (POL) announced today that it has acquired COREX UK Ltd. (COREX).  Established over 40 years ago, COREX is an international provider of analytical services for the oil and gas industry, helping to improve hydrocarbon recovery while mitigating risk for ...

Sarah Low


Posted 3 months agoPress > AcquisitionBusinessOil and Gas +4

Spartan Energy Corp. Announces Closing of Previously Announced Strategic Light Oil Acquisition, 2017 Corporate Budget and Increase in Borrowing Base to $350 Million

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce the closing of its previously announced strategic light oil acquisition in southeast Saskatchewan from ARC Resources Ltd. (the "Acquisition"). The Acquisition includes ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Spartan Energy CorpAcquisition2017 +2

NES Global Talent adds Frontica Advantage to its portfolio

NES Global Talent (NES) is pleased to announce it has entered into a definitive agreement with Akastor ASA, a leading oil service investment company, to add their Frontica Advantage (Advantage) business to its portfolio. NES provides a range of contract and permanent talent solutions to the Oil ...

Oliver Fitzpatrick


Posted 3 months agoPress > Oilgasjob +2

International Western Petroleum Acquires 3D Seismic Acreage in the Prolific King County of Texas

International Western Petroleum, Inc. (OTCQB: INWP), a Texas-based E&P company specializing in the acquisition, development, and exploration of crude oil and natural gas properties, announced today that it has acquired a 3D Seismic 350-acre leasehold in King County, Texas.  This acquisition primari ...

OilVoice Press


Posted 3 months agoPress > International Western PetroleumAcquisition3D Seismic +2

Acquisition of Karish and Tanin Natural Gas Fields Offshore Israel by Energean Receives Approval from Israeli Petroleum Council

ATHENS, Greece--(BUSINESS WIRE)--The Petroleum Council of Israel has announced its approval of the acquisition of 100% of the Karish and Tanin Natural Gas Fields by Energean Oil & Gas (“Energean” or “the Company”) from Delek Drilling and Avner. The transaction, estimated to be valued at $148m, is be ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Energean Oil & GasKarishTanin +4

PDC Energy Closes Core Delaware Basin Acquisition

PDC Energy, Inc. (Nasdaq:PDCE) today announced that the Company closed the previously announced Delaware Basin acquisition. Acquisition Highlights Closing price of approximately $1.5 billion, subject to certain post-closing adjustments. Approximately 57,000 net acres in Reeves and Culberson Co ...

Katie Woodward - OilVoice


Posted 3 months agoPress > PDC EnergyDelaware BasinAcquisition +2

Blue Sky acquires Sonoro Energy Iraq B.V.

Blue Sky Energy Inc.  (TSX VENTURE:BSI) has acquired from Sonoro Energy International Holdings BV, 100% of the issued and outstanding common shares of Sonoro Energy Iraq B.V. ("Sonoro Iraq"), a company incorporated in the Netherlands and the designated operator and party to several license agreement ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Blue SkyAcquisitionSonoro Energy +2

Energy Hunter Resources Agrees To Acquire Midland Basin Properties

Energy Hunter Resources, Inc., an exploration and production company with a balanced portfolio of oil and natural gas properties headquartered in Dallas, Texas, announced today that it has agreed to acquire an undivided ownership interest in certain oil producing properties located in Reagan County ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Energy Hunter ResourcesMidland BasinAcquisition +2

ANCAP and Geokinetics agree on a regional seismic program, onshore Uruguay

HOUSTON, TX (23 November, 2016) – The Administración Nacional de Combustibles, Alcoholes y Portland (ANCAP) has authorized Geokinetics Inc. to acquire a 2,687 km regional Multi-Client 2D Survey in the Norte Basin, onshore Uruguay. The Norte Basin is the southern extension of the Paraná Basin of Bra ...

Louise Kinnersley - GEOKINETICS INC.


Posted 3 months agoPress > Multi-ClientGeokineticsUruguay +3

Petrocapita Announces Acquisition of Crucible Resources Corporation

Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) announces that it has acquired approximately 79% of the issued and outstanding shares of Crucible Resources Corp. as at November 30, 2016. A special meeting of the shareholders of Crucible has been called for December 21, 2016 to approve an amalg ...

Katie Woodward - OilVoice


Posted 3 months agoPress > PetrocapitaCrucible Resources CorporationAcquisition +1