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Acquisitions and Divestitures News in United Kingdom

Cluff Natural Resources Updates North Sea Licences P2253 & P2258
10/28/2016 - In the Company's most recent announcement of 19 October the Company had received an extension on both of its 100% held licences (P2248 and P2252) for a further year to 30 November 2017 and that an ext...
An Additional Licence Interest Acquisitions in East Midlands Core Area
10/26/2016 - AIM-listed Egdon Resources has announced the acquisition of additional interests in two 14th Round licences in the Company's East Midlands core area. ...
Verus Petroleum Acquires Additional Interest in Boa Oil Field
10/20/2016 - Verus Petroleum is pleased to announce the signing of a sale and purchase agreement with Maersk Oil North Sea UK Limited for the acquisition of Maersk Oil’s 9.8% interest in the Boa oil field. This ac...
Jersey Oil and Gas plc Completes Farm-out to Statoil
10/6/2016 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased to announce that, further to the announcement of 23 August 2016, ...
Intertek Acquires EWA-Canada
10/5/2016 - Intertek, a Total Quality Assurance provider to a range of industries worldwide, has completed its acquisition of EWA-Canada, a leading provider of cyber security and assurance services for products, ...
Union Jack Provides Update on PEDL339 farm-in
10/3/2016 - Union Jack Oil plc, an onshore oil and gas production and development company with a focus on production, development and investment in the United Kingdom onshore hydrocarbon sector, note that the Oil...
Egdon Announces Details of UK 14th Onshore Oil and Gas Licensing Round Final Awards
10/3/2016 - Egdon Resources plc is pleased to confirm that the Oil & Gas Authority has formally issued the Company with nine new Petroleum Exploration and Development Licences ("PEDLs") arising from the UK 14th O...
Parkmead Increases Its Stake in Major UK Oil Project
9/14/2016 - Parkmead, the UK and Netherlands focused independent oil and gas group, is delighted to announce that it has increased its stake in the Perth and Dolphin oil fields in the UK Central North Sea. The Pe...
RockRose Energy Acquires Maersk Oil Assets
9/14/2016 - 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%) an...
Acquisition of Stake in Maclure Field Successfully Completed
9/8/2016 - Nobel Upstream, the independent UK-based exploration and production company, said its acquisition of a 7.59 per cent non-operated interest in the Maclure oil and gas field from Shell, announced on 10 ...
INEOS Secures £220m Reserve-Based Lending Facility
9/7/2016 - INEOS UK E&P Holdings Limited confirms that it has entered into its first reserve-based lending facility (RBL Facility). The RBL facility is a senior secured five-year £220 million facility and has be...
UKOG Completes Acquisition of Further Interest in Weald Basin Licences
9/6/2016 - Further to the RNS dated 22 July 2016 regarding the agreement to acquire the entire 3.9% interest of Flowermay Limited (Flowermay) in onshore Weald Basin licences PEDL137 and PEDL246 (the Licences),...
Statoil Takes 70% Ownership & Becomes Operator for UK Licence P.2170
8/23/2016 - Statoil has signed a Sales and Purchase Agreement (SPA) with Jersey Oil and Gas plc and CIECO Exploration and Production (UK) Limited to acquire 70% ownership and operatorship for the P.2170 licence o...
Acquisition of Additional Interest in PEDL068
8/22/2016 - Egdon Resources plc (EDR) is pleased to announce that it has reached agreement to acquire an additional 20% interest in Petroleum Exploration and Production License PEDL068 from DESS Energy Limited ("...
Siccar Point Energy Acquires Interest in the Greater Mariner Area
8/16/2016 - Siccar Point Energy, a joint venture owned by Blue Water Energy and funds managed by Blackstone Energy Partners (“Blackstone”), announced the acquisition of an 8.9% interest in the Greater Mariner Are...
Parkmead Doubles Its Stake in the Polecat & Marten Oil Fields
8/14/2016 - Parkmead, the UK and Netherlands focused independent oil and gas group, has doubled its stake in the Polecat and Marten oil fields in the UK Central North Sea. The Polecat and Marten fields are locate...
Parkmead Doubles its Stake in 2 UK Oil Fields
8/10/2016 - Parkmead, the UK and Netherlands focused independent oil and gas group, is delighted to announce that it has doubled its stake in the Polecat and Marten oil fields in the UK Central North Sea. The Pol...
OMV Divests 30% Stake in Rosebank
8/9/2016 - OMV, the international integrated oil and gas company based in Vienna, has agreed to sell a 30 percent interest in the UK offshore oil and gas project Rosebank to Suncor Energy (“Suncor” ). Suncor, ba...
UKOG Acquires Further Interest in Horse Hill-1 Oil Discovery & Licences
7/22/2016 - UK Oil & Gas Investments PLC has acquired the entire 3.9% interest of Flowermay Limited ("Flowermay") in onshore Weald Basin licences PEDL137 and PEDL246 ("the Licences"). The Company now holds a 31.2...
EnQuest in Talks to Farm out Interest in Kraken Field Development to Delek
7/18/2016 - EnQuest PLC is pleased to announce that it is holding discussions with Delek Group Ltd for the sale by EnQuest to one of Delek’s subsidiaries of an interest in the Kraken development. EnQuest confirms...

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