Acquisitions and Divestitures News

Perpetual Energy Announces Asset Disposition & Updated 2023 Guidance
Canada >> 10/17/2023 - Perpetual Energy Inc. (“Perpetual”) is pleased to announce that it has entered into a Definitive Agreement (the "Agreement") with Canadian private operator Pointbreak Resources Inc. to sell certain as...
Terra Firma Energy Complete the Acquisition of Droitwich Peak Energy
United Kingdom >> 10/17/2023 - Terra Firma Energy completed the acquisition of Droitwich Peak Energy 5MW Gas Peaking project located at Droitwich Spa, Worcestershire, United Kingdom.

The new facility will bolster the loc...
Integrity Partners Group ("IPG") Acquires Military / Aerospace Division from West Penetone
United States >> 10/17/2023 - Integrity Partners Group ("IPG"), a chemical distribution platform acquired by OpenGate Capital, has acquired certain assets from West Penetone. The investment expands IPG's value proposition and cust...
Ellipsis Acquires Additional Oil and Gas Assets in US
United States >> 10/16/2023 - Ellipsis U.S. Onshore Holdings LLC ("Ellipsis"), a portfolio company of Westlawn Group LLC ("Westlawn"), is pleased to announce the acquisition of additional assets located in the Delaware Basin of Te...
Scirocco Completes Ruvuma Divestment
Tanzania >> 10/16/2023 - Scirocco Energy plc, the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, announces an update on the Ruvuma transaction.

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Mosman Announces EP 145 Funding by Farmin Agreement
Australia >> 10/16/2023 - Mosman Oil and Gas Limited the hydrocarbon, helium and hydrogen exploration, development and production company, has signed a farmin agreement with Greenvale Gold Pty Ltd ("Greenvale") a wholly owned...
Solar Alliance to Focus on Continued U.S. Growth, Terminates Canadian Acquisition LOI
United States >> 10/13/2023 - Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces that the non-binding letter of ...
Keppel Achieves First Closing of US$575M for Flagship Evergreen Infrastructure Fund
Singapore >> 10/13/2023 - Keppel Core Infrastructure Fund will focus on highly defensive and essential infrastructure assets with stable, long term cash flows across developed markets in the Asia Pacific.

Keppel is...
Overseas Shipholding Group Purchases Vessel from BP
United States >> 10/12/2023 - Overseas Shipholding Group, Inc. (“OSG”) announced an agreement with BP Oil Shipping Company, USA, to purchase the tank vessel Alaskan Frontier, a sister vessel to three other Alaskan Class tankers op...
TMK Offers Talon Energy Shareholders its Scrip for its 33% of the Gurvantes XXXV CSG Project
Mongolia >> 10/12/2023 - A GENUINE WIN-WIN TRANSACTION
• TMK to secure from TPD its 33% of the Gurvantes XXXV coal seam gas project for ~18% dilution of its shareholding base in a value accretive acquisition. This adds...
Entry into Amended and Restated Scheme Implementation Deed with Strike
Australia >> 10/11/2023 - ? Talon and Strike have executed a restated and amended scheme implementation deed on 10 October 2023(“Revised SID”) to reflect and enable the proposed transaction with TMK Energy as described in a ...
Binding Agreement to Consolidate 100% Ownership of Gurvantes XXXV Project
Mongolia >> 10/11/2023 - - Binding Heads of Agreement (“Binding Agreement”) executed with Talon Energy Limited (ASX:TPD) to consolidate 100% ownership of the Gurvantes XXXV Project to TMK Energy Limited (TMK)
- Total con...
Amended and Restated SID
Australia >> 10/11/2023 - • Strike has entered an Amended and Restated Scheme Implementation Deed with Talon which includes required updates to the previously entered Scheme Implementation Deed to reflect terms of Talon’s p...
Aramco Assesses Possible Investment in Shandong Yulong Petrochemical
China >> 10/11/2023 - - Company discusses possible acquisition of 10% stake in Shandong Yulong
- Potential deal would advance Aramco’s global Downstream expansion

Aramco, one of the world’s leading integra...
Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station
Canada >> 10/10/2023 - Capital Power Corporation (“Capital Power” or “the Company”) has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facilit...
Shell Lubricants to Acquire UK-based MIDEL and MIVOLT
United Kingdom >> 10/10/2023 - Shell U.K. Limited has signed an agreement to purchase MIDEL and MIVOLT, two lines of business currently owned by Manchester-based M&I Materials Ltd.

Boosting Shell’s global lubricants port...
San Leon Announces Termination of the Proposed Transactions with Midwestern
Nigeria >> 10/9/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces the termination of its proposed transactions with Midwestern Oil & Gas Company Limit...
CMB, Frontline & Famatown Agree on Strategic and Structural Deadlock at Euronav
Belgium >> 10/9/2023 - CMB NV (“CMB”) is pleased to announce that it has reached an agreement with Frontline plc (“Frontline”) and Famatown Finance Limited (“Famatown”), the other reference shareholders of Euronav NV (“Euro...
Vitesse Energy Announces Several Impactful Acquisitions,
United States >> 10/9/2023 - Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) announced several impactful acquisitions, revised 2023 guidance and a preliminary outlook on 2024, and additional hedging.

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FRO – Fully Funded Acquisition of 24 Modern VLCCs from Euronav NV
Bermuda >> 10/9/2023 - Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that as an integrated solution to the strategic and structural deadlock in Euronav NV (“Euronav”), Frontline has entered into agreement...

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