Rex International acquires stake in VIC/P57

Source: www.gulfoilandgas.com 11/18/2014, Location: Not categorized

Rex International has received approval for the exercise of the option to acquire a 20 per cent interest in VIC/P57 from 3D Oil by a wholly-owned subsidiary of HIREX. The binding agreements accord an option, inter alia, from 3D Oil to a wholly owned subsidiary of HIREX to acquire a 20 per cent working interest in the approx. 448 sq km concession VIC/P57, located in the northwest offshore oil-prolific Gippsland Basin, in exchange for use of the Rex Virtual Drilling technology to determine the best hydrocarbon prospects in the concession.


Canada >>  3/31/2023 - Metalore Resources Limited ("Metalore" or the "Company") is pleased to announce that it has entered into an agreement to acquire the remaining 48% int...
United Kingdom >>  3/31/2023 - Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, is pleased to pr...

United States >>  3/31/2023 - Navigator Acquisition Corp. is pleased to announce that it has entered into a binding share purchase agreement (the "SPA") dated March 7, 2023, with M...
Norway >>  3/30/2023 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technolog...

United States >>  3/30/2023 - IOG Resources II, LLC (“IOGR II”) announced that it has signed definitive documentation to acquire non-operated oil & gas assets (the “Assets”) in App...
United States >>  3/29/2023 - Advanced Emissions Solutions, Inc. (the “Company” or “ADES”), a leader in environmental solutions for power generation, industrial and municipal water...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.