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Acquisitions and Divestitures News in United Kingdom

Oyster Petroleum Farms into Further UK North Sea License
11/20/2014 - Oyster Petroleum Limited has entered into a farm-in agreement whereby, in exchange for covering certain well costs on drilling, Oyster Petroleum will acquire a 30% interest in licence P.2132, covering...
PA Resources Receives Provisional Licence Award in UK 28th Round
11/13/2014 - PA Resources has been successful in the UKs 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as part of a group comprising of PA Resources (25 percent), E.On (...
InfraStrata Awarded Block on 28th Round Licence
11/10/2014 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that, together with joint venture partner Carstone Exploration Limited, the Company has been offe...
UKCS 28th Offshore Licensing Round Awards
11/7/2014 - MPX North Sea Limited is very pleased to have been offered four Promote Licences in the 28th Offshore Licensing Round, as announced by the DECC on 6th November 2014. ...
Faroe Awarded 2 New Exploration Licences on the UK Continental Shelf
11/7/2014 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...
6 New Licences Awarded to Parkmead in UK 28th Licensing Round
11/7/2014 - Parkmead has been provisionally awarded six new licences covering a total of nine offshore blocks in the UK 28th Licensing Round, as announced by the Energy Minister. These newly awarded licences are ...
CNR Awarded 11 Licences in the UK's 28th Offshore Licensing Round
11/7/2014 - Cluff Natural Resources Plc has provisionally been awarded eleven promote licences by the Department of Energy and Climate Change (DECC) on the UK Continental Shelf in the UK's 28th Offshore Licensing...
Statoil Strengthens Position on UK Continental Shelf
11/6/2014 - Statoil was awarded interests in 12 new licences, 9 as operator, in the 28th licensing round on the UK continental shelf, announced by the Department of Energy and Climate Change. ...
JAPEX Acquires Additional Interests in UK North Sea Licences
10/15/2014 - As stated in a press release issued on 25th March 2014, JAPEX UK E&P LIMITED, wholly owned by Japan Petroleum Exploration Co., Ltd. executed a farm-out agreement with Apache North Sea Limited to acqui...
Faroe Completed Acquisition of Operated Interests in UK
10/10/2014 - Faroe Petroleum has completed the previously announced acquisition of a 53.1% operated interest in the Schooner Field and a 60% operated interest in the Ketch Field in the UK Southern North Sea gas ba...
Serica Completes Farm out to UK East Irish Sea Blocks
8/5/2014 - Serica Energy plc has completed the farm out of UK East Irish Sea Blocks 113/26b and 113/27c (Licence P.1482) with Centrica through its subsidiary Hydrocarbon Resources Limited ("HRL"). ...
Completion of Acquisition of Interests in three UK Producing Oil Fields
8/1/2014 - Ithaca Energy Inc is pleased to report that, further to the announcement made on 23 June 2014, it has now completed the acquisition of the three UK producing oil field interests from Sumitomo Corporat...
Murphy Announces Milford Haven Refinery Sales Agreement
7/31/2014 - Murphy Oil Corporation through its wholly-owned subsidiary, Murco Petroleum Limited, has signed an agreement to sell its Milford Haven refinery and terminal assets to Klesch Refinery, Ltd. Pending re...
Sale of UK Assets for 1.5 million
7/24/2014 - Northern Petroleum has signed sale and purchase agreements to sell the Company's interests in all of its UK licences and assets for 1.5 million to UK Oil & Gas Investments PLC ("UKOG"). Completion of...
Solo Oil Updates on Horse Hill Prospect
7/21/2014 - Solo Oil Plc announces that Horse Hill Developments Ltd ("HHDL") received formal notification from the UK Department of Energy and Climate Change ("DECC") on 17 July 2014 that: ...
InfraStrata Signs Exploration Agreement for License PL1/10 & P2123
7/18/2014 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that, together with joint venture partners Brigantes Energy Limited and Terrain Energy Limited, i...
Premier Oil Sells Interests in Scott, Telford and Rochelle Fields
6/30/2014 - Premier has sold its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million. MOL will assume the liabilities for future abando...
Ithaca Energy Acquire Producing Assets in UK
6/23/2014 - Ithaca Energy Inc has entered into an agreement with Sumitomo Corporation to acquire interests in three non-operated UK producing oil fields for a total consideration of $170 million. The acquisition...
Agreement to Sell Interest in CATS Pipeline & Infrastructure for 562m
6/17/2014 - BG Group had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners fo...
Serica Acquire 8% Interest in UK Blocks 23/26a & 23/26b
6/17/2014 - Serica Energy plc has agreed to acquire an 18% interest in UK blocks 23/26a (Area B) and 23/26b (Area B) containing the Erskine Field, located in the UK Central North Sea, from BP Exploration Operatin...

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