Acquisitions and Divestitures News in Australia

Regulatory Approval Received from Northern Territory Government
9/10/2021 - The Northern Territory Government has provided its regulatory approval to Cue in relation to the transaction to acquire Amadeus Basin assets from Central Petroleum. This satisfies a key condition prec...
Bass Oil Announces Cooper Basin Acquisition Update
9/10/2021 - Key Highlights:
- Bass’ Cooper Basin asset acquisition from Cooper Energy funded via placement and fully underwritten rights issue

- The tenement package includes the producing Wor...
Leigh Creek Energy Awarded Cooper Basin Petroleum Licence
9/3/2021 - Leigh Creek Energy (LCK) subsidiary, Leigh Creek Oil and Gas ('LCOG') has been awarded Petroleum Exploration Licence (PEL) 676 in key South Australian Cooper Basin oil and gas acreage.

H...
Melbana Awarded 20 Month Suspension and Extension of WA-488-P
8/20/2021 - Melbana Energy has advised that the National Offshore Petroleum Titles Administrator has approved a 20 month suspension of the permit conditions in respect of the Permit Year 3 work program (with a co...
Woodside in Discussions Regarding Merger Involving BHP’s Entire Petroleum Business
8/16/2021 - Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside continuously reviews the composition of its asset portfolio and opportunities to create...
Empire Energy Completes Acquisition of Pangaea's Beetaloo Sub-basin Assets
8/16/2021 - Empire Energy Group Limited is pleased to announce the completion of the acquisition of Pangaea (NT) Pty Limited’s (“Pangaea”) and EMG Northern Territory Holdings Pty Limited’s (“EMG NT”) 100% interes...
Strike Announces Sale of Interest in PEL96
8/16/2021 - Strike Energy Limited has entered into a binding share sale and purchase agreement with Greenflame Energy Pty Ltd, majority owned by ASX listed Talon Energy Limited, for the sale of 100% of the issued...
Approval for Northern Territory Asset Transfer
8/5/2021 - HIGHLIGHTS:
• Armour has received approval from the Northern Territory Department of Investment, Tourism and Trade (DITT) to transfer the Northern Territory Exploration Permits into McArthur NT ...
Comet Ridge Acquires APLNG’s 30% Interest in Mahalo Gas Project
8/3/2021 - Comet Ridge has entered into binding agreements to acquire Australia Pacific LNG’s (APLNG) 30% interest in the Mahalo Gas Project, taking Comet Ridge’s interest from 40% to 70% on completion. Comet Ri...
Strike Energy Increases Exposure to West Erregulla
7/20/2021 - Strike Energy has increased its economic interest in the West Erregulla gas project to 54% via the acquisition of an 8.16% strategic stake in the listed equities of Warrego Energy.

Strike’s...
TotalEnergies Enters into an Infrastructure Agreement with GIP on Gladstone LNG
7/13/2021 - TotalEnergies has completed a transaction with GIP Australia (GIP) in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary Total GLNG Australia (TGA), for a consi...
Bass to Acquire Australian Oil & Gas Production Assets from Cooper Energy
7/12/2021 - Highlights
- Bass to acquire Cooper Energy’s interest in a portfolio of Cooper Basin non-operated assets in South Australia for A$650,000
Alignment of Interests for Chuditch PSC
6/18/2021 - Baron Oil Plc, the AIM-quoted oil and gas exploration company, is pleased to announce the alignment of interests in relation to the Chuditch PSC, by way of a share exchange, whereby Baron has agreed t...
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...

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