Acquisitions and Divestitures News in Australia

PetraGas Awarded Petroleum Exploration Licence in Tasmania
2/4/2014 - Petratherm advises that its wholly owned subsidiary, PetraGas Pty. Ltd., has been awarded a Petroleum Exploration Licence (EL3/2013) covering approximately 3,900 square kilometres, north of Hobart in ...
Shell Sells Wheatstone LNG Stake in Australia
Shell Sells Wheatstone LNG Stake in Australia 1/20/2014 - Royal Dutch Shell plc (Shell) announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million tonnes per annum Wheatstone liquefied nat...
Red Sky Sold 20% Interest in Two Australian Permits to ERM
1/8/2014 - The directors of Red Sky Energy Limited (“Red Sky” or “the Company”) are pleased to announce that the Company has entered into a sale agreement for its 20% non-operated interest in exploration permits...
Armour Farmin Rights Exercised – PRL2 Victoria
12/23/2013 - The Directors of Armour Energy Limited (the Company) wish to advise that the Company has exercised a right to farmin to Petroleum Retention Lease 2 in Victoria (PRL2), held by Lakes Oil NL. ...
Buru Acquires Additional Interest in Australia EP 438
12/23/2013 - Buru Energy Limited (Buru) is pleased to announce that it has entered into an agreement with Gulliver Productions Pty Ltd (Gulliver), a wholly owned subsidiary of Key Petroleum Limited and Indigo Oil ...
Red Sky Withdraws from ATP 840 Permit in Queensland
12/6/2013 - The directors of Red Sky Energy Limited announce that the Company has withdrawn from exploration permit ATP 840 in southern Queensland. To keep the permit in good standing a minimum of one deep explor...
Cooper Energy to Spread Its Acquisitions in South Australian
Cooper Energy to Spread Its Acquisitions in South Australian 11/19/2013 - Cooper Energy Limited (Cooper Energy) announces that it has entered into agreements which will give it a greater spread of exposure in the South Australian section of Penola Trough of the Otway Basin ...
Hibiscus & 3D Oil Offered Production Licence for West Seahorse Field
11/14/2013 - 3D Oil Limited is pleased to announce that the National Offshore Petroleum Titles Administrator (NOPTA) has offered the VIC/P57 Joint Venture (JV) a Production Licence over the West Seahorse (WSH) oil...
Transactions Completed between BG & CNOOC for QCLNG Stake
11/11/2013 - BG Group announced it has completed transactions with China National Offshore Oil Corporation (CNOOC) for the sale of additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for...
Apache Farms-in to Buru & Mitsubishi’s Acreage in the Canning Basin
11/4/2013 - Buru Energy Limited is pleased to announce that it has entered into binding agreements with Mitsubishi Corporation (“MC”) and Apache Energy Limited (“Apache”) pursuant to which an Apache subsidiary wi...
Australia Announces $580 Mln New Investment in Offshore Exploration
10/23/2013 - New offshore petroleum exploration promises $580 million over the next three years following the granting of exploration permits in Commonwealth waters off Western Australia and South Australia. ...
Tangiers Terminates Farm-out Agreement with CWH Resources
10/8/2013 - Tangiers Petroleum Limited (Tangiers) advises that it has terminated its Farm-out Agreement with CWH Resources Limited in relation to the offshore permits WA-442-P and NT/P81 (Permits) located in the ...
Dart Energy Completes Transfer of PEL445
9/25/2013 - Dart Energy has advised that the transfer of Petroleum Exploration Licence 445 (PEL445) from Arrow Energy has been completed. PEL445 is a sizeable licence, covering 7,076km² of the Clarence-Moreton Ba...
Bass Strait Enters into Gippsland Basin Collaboration Agreement
9/20/2013 - Bass Strait Oil Company Ltd announce it has entered into a Collaboration Agreement with HIREX Petroleum Sdn Bhd. (HIREX). HIREX has access to proprietary evaluation technology that it will use as a me...
Tap Secures Option to Farm-in to Offshore Otway Basin
9/18/2013 - Tap Oil Limited is pleased to announce it has executed an agreement with WHL Energy Limited for an option to acquire an initial 10% interest in exploration permit Vic/P67 in the offshore Otway Basin. ...
Tellus Farmout arrangement with Senex in its PEL 105
9/11/2013 - Tellus Resources Ltd (the “Company” or “TLU”) and its wholly owned subsidiary PNC AUST Pty Ltd (“PNC”) are pleased to announce that they have agreed to a farmout arrangement with Senex Energy Limite...
Bass Strait Enters into Gippsland Basin Farmin Agreements
9/3/2013 - Bass Strait Oil Company Ltd wishes to update the market in relation to the Farmin Agreements announced for the potential disposition of interests in Gippsland Basin permits Vic/P41 and Vic/P68 to Coop...
MEO Withdraws from NT/P79 Exploration Permit
8/27/2013 - MEO Australia has advised that it's wholly owned subsidiary, Finniss Offshore Exploration, has received regulatory approval to withdraw from and surrender exploration permit NT/P79. ...
Bass Farmin Gippsland Permit for Cooper Energy
7/31/2013 - Cooper Energy Limited (Cooper Energy) reports that the farmin agreements with Bass Strait Oil Company Limited (BAS) announced on 5 July 2013 have now been executed by both parties. ...
WA-454-P Farm-out Agreement Executed with Origin Energy
7/22/2013 - MEO Australia Limited advises that its wholly owned subsidiary Drysdale Offshore Exploration Pty Ltd (Drysdale) has executed a binding farm-out agreement (FOA) in relation to WA-454-P with Origin Ener...

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