Acquisitions and Divestitures News in Australia

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 ...
Otto Marine Subsidiary Entered into 2 Stock Purchase Agreements
4/24/2015 - Otto Marine Limited wishes to announce that its indirect wholly owned subsidiary, Supply Fleet Pte. Ltd. (the Buyer), entered into two (2) stock purchase agreements, with an unrelated third party (the...
Apache Completes Sale of Wheatstone LNG Project for $2.817b
4/2/2015 - Apache Corporation has completed the previously disclosed sale of the Wheatstone LNG project and accompanying upstream oil and gas reserves to Woodside Petroleum Limited for total proceeds of $2.817 b...
Rampart to Acquire Neon Energy's 80% Interest in WA-503-P Permit
3/30/2015 - Rampart Energy Ltd. reported Monday that the Company has secured rights to an 80 percent working interest as Operator in exploration permit WA-503-P offshore Western Australia, through an agreement wi...
Chevron Announces Sale of Interest in Caltex Australia Ltd
3/26/2015 - Chevron Corporation's wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Austra...
Orca Energy Sells Cooper Basin Assets to Senex Energy
3/13/2015 - Orca Energy has announced that it has entered into a binding Sales Agreement with Senex Energy to sell its Cooper Basin assets for approx. $2,000,000 in cash, with an effective date of 1 January 2015....
Tap Oil Awarded 2 Blocks in the Australian 2014 Offshore Acreage Release
3/9/2015 - Tap Oil Limited is pleased to advise that it has been awarded 100% of Blocks W14-7 and W14-16 in the prospective Barrow and Dampier sub-basins on the North West Shelf offered under the 2014 Offshore ...
Bounty Terminates Agreement to Buy Empire's Carnarvon Basin Permits
2/27/2015 - Bounty Oil & Gas has announced that the indicative agreement withEmpire Oil & Gas for Bounty to buy all of Empire’s Carnarvon Basin permit interests held by an Empire subsidiary has been terminated by...
Key Petroleum Acquires Interests in Canning Basin Permits
2/23/2015 - Key Petroleum has executed a Sale Agreement to acquirePancontinental Oil & Gas and FAR Limited’s interests in Exploration Permit 104, Retention Lease R1 and Production Licence L15 located in the Canni...
MEO Signs Option Agreement for Farmout of 3 Permits Offshore Australia
2/18/2015 - MEO Australia has advised that its wholly owned subsidiaries have executed an Option Agreement with an international exploration company (the Farminee) providing the Farminee with an option to farmin ...
Eni Acquires 100% Ownership of the Blackwood Area with MEO
2/9/2015 - MEO Australia has elected to withdraw from the Blackwood gas discovery at no cost, transferring that area of NT/P68 to Eni Australia. MEO will focus its technical efforts on the Heron Area over which...
Boskalis Subsidiary Acquires Australian Towage Company
12/12/2014 - Royal Boskalis Westminster N.V. (Boskalis) announces that Smit Lamnalco, a 50% owned associate, has substantially strengthened its position in Australia through the acquisition of PB Towage Australia ...

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