Acquisitions and Divestitures News in Australia

Santos Completes Sale of Kipper Gas Field to Mitsui
3/3/2016 - Santos announced in November 2015 the sale of its 35% non-operated interest in the Kipper gas field, located in the Gippsland Basin, offshore Victoria to Mitsui E&P Australia Pty Ltd (Mitsui) for $520...
Austria's OMV Looks to Sell Turkish Unit Petrol Ofisi
2/12/2016 - Austrian oil group OMV said that it is putting its Turkish subsidiary Petrol Ofisi up for sale as part of its strategy to dispose of non-core assets. ...
OCB Oilfield Services Acquires 100% of Kuiper International
2/8/2016 - Gulf Capital, one of the leading alternative investment firms in the Middle East, announced today that its portfolio company OCB Oilfield Services, has acquired100 percent of Kuiper International Pte ...
QIC Wins Bid for Iona Gas Storage Facility in Victoria
10/8/2015 - A QIC led consortium has entered into a binding agreement to acquire the Iona Gas Storage Facility (Iona) west of Melbourne in Victoria from EnergyAustralia, a member of the China Light & Power Group....
Galilee Energy Completes ATP 529P Acquisition from AGL Energy
8/27/2015 - Galilee Energy Limited (GLL) is pleased to announce the successful completion of its acquisition of the remaining 50% interest in ATP 529 P from AGL Energy Limited (AGL). ATP 529P is a coal seam gas p...
Beach Acquires AGL's Interest in Permit ATP 1056
8/12/2015 - Beach Energy has signed a binding agreement to acquire a 40% operating interest in the ATP 1056 permit from AGL Cooper Basin, a subsidiary of AGL Energy, for $1.15 million. ...
Otto Acquires Borealis Petroleum Pty Ltd
Otto Acquires Borealis Petroleum Pty Ltd 8/5/2015 - Otto Energy Limited (Otto) has acquired 100% of the issued capital of Borealis Petroleum Pty Ltd (Borealis) to earn an interest, through staged capital injections, in a substantial acreage position on...
Sale of US & Cooper Basin Assets
6/29/2015 - New Standard Energy Limited (New Standard or Company) is pleased to announce that it has reached agreement with Sundance Energy Ltd (ASX:SEA, Sundance) for the sale to Sundance of New Standard’s Uni...
WA-471-P Exploration Permit Extension Granted
6/12/2015 - IPB Petroleum is pleased to advise that the Company’s application for a 12 month Suspension and Extension to the WA-471-P exploration permit work programme has been approved by the Commonwealth–Wester...
Galilee to Acquire 100% of ATP 529P in Deal with AGL Energy
6/4/2015 - Galilee Energy has announced that AGL Energy has agreed to transfer its 50% interest in ATP 529P to Galilee. The transaction will be at no upfront cost to Galilee and is subject to the finalisation o...
Central Petroleum Acquires 50% of Mereenie field from Santos
6/4/2015 - Central Petroleum has agreed to acquire to acquire a 50% interest in the Mereenie oil & gas field from Santos and assume Operatorship of the field in the Northern Territory’s Amadeus Basin. The move w...
BG Group Completes Sale of QCLNG Pipeline
BG Group Completes Sale of QCLNG Pipeline 6/3/2015 - BG Group plc, a world leader in exploration and LNG, has completed the sale of its wholly-owned 543 kilometre pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Ga...
Rey Resources Completes Acquisition of 50% Interest in the Derby Block
6/2/2015 - Rey Resources has announced that its wholly owned subsidiary company Rey Lennard Shelf (RLS) has completed the acquisition of a 50% participating interest in petroleum exploration permit EP487 ('the D...
BG Group Assumes Operational Control of QCLNG & Pre-Conditions for Pipeline Sale
5/21/2015 - BG Group announces that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group’s Australian subsidiary, from Bechtel Australia, which construc...
MEO Farms Out WA-488-P to Rex International Subsidiary
5/21/2015 - MEO Australia has announced the execution of final documentation to farmout of a 30% participating interest in the WA-488-P exploration permit to a wholly owned subsidiary of SGX-listed Rex Internatio...
Orca Energy Completes Sale of Cooper Basin Assets to Senex Energy
5/19/2015 - Orca Energy has advised that it has completed the sale of its Cooper Basin assets to Senex Energy. Orca received the balance amount of $1,400,000 from Senex afternoon. In total, the Company received j...
Terra Nova Terminates Cooper Basin Farm-In with Holloman Energy
5/19/2015 - Holloman Energy reports that it has received notice that Terra Nova had terminated its Farm-In Agreement on Petroleum Exploration Licenses (PELs) 112 and 444. ...
MEO Accepts AC/P50 & AC/P51 Permit Renewal Offer
5/15/2015 - MEO Australia Limited advises that it has accepted a offers from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration permits for a further five year...
MEO Australia Receives Approval for 6 Month Extension to NT/P68 Permit
5/12/2015 - MEO Australia Limited advises that the National Offshore Petroleum Titles Administrator (NOPTA) has approved a six month suspension and extension to the current Permit ear5 of NT/P68. ...
JV Submits Request to ANP to Terminate the PSC off NW Australia
5/12/2015 - Oilex Limited, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area (JPDA) 06-103 Production Sharing Contract (PSC), submitted a request to ...

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