Acquisitions and Divestitures News in Australia

IPB Petroleum Provides Update on Farmout & Idris Progress
5/31/2021 - UPDATE TO DRAWDOWN SCHEDULE FROM QUAY
• IPB has not received early remittances during the month of May contrary to previous advice from Quay Resource Investments Pty Ltd (Quay) and i...
Central Sale Underwrites Significant Investment in Amadeus Basin
5/25/2021 - Central Petroleum Limited has entered into a binding agreement with New Zealand Oil and Gas Limited and Cue Energy Resources Limited of which NZOG is a 50.04% shareholder, and certain of their respect...
Large Mahalo Far East Block (ATP 2063) Formally Awarded
5/10/2021 - Comet Ridge Limited is pleased to announce that following the Company’s selection by the Queensland Government as preferred tenderer for two additional gas blocks in September 2020, the second and lar...
Norwest Energy Announces Perth Basin Portfolio Update
4/30/2021 - HIGHLIGHTS
- Assignment of interest in EP413 exploration permit to AWE Perth Pty Ltd ...
Santos Completes the Sell-Down in Bayu-Undan & Darwin LNG to SK E&S
4/30/2021 - Santos announced it had completed the sell-down of 25 per cent interests in Bayu-Undan and Darwin LNG to SK E&S, which is also a partner in Barossa. ...
Completion of Earn In to Chuditch PSC
4/23/2021 - Baron Oil Plc, the AIM-quoted oil and gas exploration company, is pleased to announce the completion of its Earn In for an increased interest in the Chuditch discovery and prospects. ...
Sale of Beehive Prospect
4/23/2021 - Highlights:
- Sale of WA-488-P to a subsidiary of EOG Resources, Inc. EOG intends to drill an exploration well targeting the Beehive Prospect in 2022.
- Houston based EOG is a Fortune 500 c...
Buffalo Farm-out Completion
4/20/2021 - Carnarvon Petroleum Limited is pleased to update shareholders on the farm-out of the Buffalo project to Advance Energy plc (‘’Advance Energy’’).

Advance Energy and Carnarvon have satisfied...
Advance Energy Completes Acquisition in Carnarvon
4/19/2021 - Advance Energy plc, the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, is pleased to announce the completion of its acquisition...
Empire Energy Announces Transformational Acquisition of Pangaea Resources
4/14/2021 - Empire Energy has signed a binding Sale and Purchase Agreement with Pangaea (NT) Pty Ltd as trustee of the Pangaea (NT) Unit Trust to acquire Pangaea’s Beetaloo Sub-basin portfolio for a combination o...
Buffalo Advancing to Drilling
4/1/2021 - Carnarvon Petroleum Limited is pleased to update shareholders on the farm out of the Buffalo project to Advance Energy plc and the Buffalo-10 well. ...
Update re Proposed Reverse Takeover Transaction
3/31/2021 - Advance Energy, an energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, is pleased to announce that, further to the subscription agre...
Buru Energy Expands Its Footprint in Northern Western Australia
3/29/2021 - Highlights
• Buru Energy Limited (BRU; Buru Energy) has accepted an offer for the award of bid block L20-1 in the onshore Carnarvon Basin

• The geology and play types ...
Shell Announces Sale of Minority Interest in QCLNG Infrastructure
3/15/2021 - QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, announced it has completed the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Inf...
Strike Energy Awarded Highly Prospective Perth Basin Block
3/15/2021 - Strike Energy has been selected as the successful bidder for Perth Basin block L20-3 at the end of the WA Petroleum Acreage Release 1 of 2020.

L20-3 Block Location

The L20...
Buffalo Oil Field Farm-in
3/11/2021 - Advance Energy plc, the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, is pleased to announce that it will shortly be commencin...
Senex Completes Sale of Cooper Basin Business
3/1/2021 - Senex Energy Limited has completed the $87.5 million sale of its Cooper Basin business to Beach Energy. The completion of the sale also satisfies the condition for payment of a special 0.5 cent per s...
Tamaska Oil Announces Acquisition of 20% Interest in Talisman Deeps Project
2/22/2021 - Tamaska Oil & Gas Ltd (TMK) is pleased to announce the acquisition of a 20% interest in the Talisman Deeps Project, located in the offshore Canarvon Basin, north west Australia. ...
Red Sky Completes on Acquisition of Killanoola Licence from Beach
2/11/2021 - Red Sky Energy Limited is pleased to advise of the following:

Completion
The Company has completed the acquisition of Petroleum Retention Licence 13 (PRL13) through its wholly owned s...
Armour Announces Completion of Sale for Additional South Nicholson Basin
2/5/2021 - HIGHLIGHTS:
- Completion of the sale and purchase agreement between Armour and Santos QNT Pty Ltd (Santos) to sell Armour’s remaining interest in several South Nicholson Basin Permits to Santos...

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