Gulf Oil and Gas accountACCOUNT

RockRose Energy Acquires Maersk Oil Assets

Source: www.gulfoilandgas.com 9/14/2016, Location: Europe

RockRose Energy plc has agreed non-binding headline terms and a period of exclusivity from Maersk Oil North Sea UK Ltd to acquire its non-operated interests in the Wytch Farm (7.43%), Scott (5.16%) and Telford (2.36%) fields. Any potential transaction remains subject to contract.

Any transaction would be subject to the agreement of a definitive Sale and Purchase Agreement ("SPA") with Maersk and the usual regulatory permissions from the Oil and Gas Authority ("OGA") and partners.

As any transaction would constitute a reverse takeover, the Company has requested that the UK Listing Authority ("UKLA") suspend the listing of the shares with immediate effect.

A further announcement will be made in due course.

Acquisitions and Divestitures News in United Kingdom >>

United Kingdom >>  5/26/2020 - Reabold, the AIM investing company which focuses on investments in upstream oil and gas projects, is pleased to announce the conditional acquisition o...
United States >>  5/26/2020 - Diversified Gas & Oil PLC, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms ...

Israel >>  5/25/2020 - Delek Group (DGRLY) announces that it signed together with Delek Energy Systems Ltd (“Delek Energy”) (“the Sellers”) an agreement with a third party (...
Indonesia >>  5/22/2020 - Coro Energy plc is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the ...

United Kingdom >>  5/20/2020 - Jersey Oil and Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has completed the transac...
United Kingdom >>  5/20/2020 -  Total Confirms the Sale of UK Assets to NEO Energy May 20, 2020 02:50 AM Total confirmed its commitment to completing the sale of its UK North Se...

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  Insurance  Investment  Mergers and Acquisitions  Risk Management 


United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.