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Acquisitions and Divestitures News in United Kingdom

Wessex Provides Update on South of England Strategy
4/4/2014 - Wessex Exploration PLC, the hydrocarbon exploration company, is pleased to provide the following update on its strategy in the South of England. ...
OMV Strengthens Position in the UK
3/19/2014 - OMV is expanding its position in the UK core area. Agreement has been reached with Hess to acquire four licenses in West of Shetland (WoS), UK, including the field Cambo and the Blackrock prospect. ...
18 Month Extension of Blythe and Skipper Licences
3/3/2014 - Further to the update of 7th February 2014, the Board of Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to confirm that the Blythe and Skipper licences have been ex...
IGas Energy Completed Farm-out Agreement with Total E&P UK
2/4/2014 - Further to the announcement of 13th January 2014, IGas, one of the leading producers of onshore oil and gas in the UK, announces the completion of the farm-out agreement with Total E&P UK Limited. IGa...
North Sea Signs Agreement with Ithaca Regarding withdrawal from the Jacky Field
2/4/2014 - North Sea Energy Inc is pleased to announce that, through its wholly owned subsidiary North Sea Energy (UK) Limited (“NSE UK”), the Company has signed an agreement (the “Agreement”) with Ithaca Energy...
Egdon Signs Opt-in Agreement with Total in UK
1/30/2014 - Egdon Resources plc and its partners Blackland Park Exploration Limited and Stelinmatvic Industries Limited are pleased to announce signature of an Opt-in Agreement with Total E&P UK Limited, a wholly...
UKOG Agrees to Buy 10% Interests in the UK
1/15/2014 - UK Oil & Gas Plc has reached agreement to acquire Angus Energy Eakring Development Limited and Angus Energy Kirklington Development Limited which in turn own 10% interests in onshore UK Petroleum Expl...
Ithaca Enters Agreements with Oyster & TOTAL
12/20/2013 - Ithaca Energy Inc executed an agreement with Oyster Petroleum Limited that results in further monetisation of the Handcross exploration prospect ahead of drilling the scheduled commitment well. The C...
RWE Dea Aawarded Operatorship in Three New Licenses
12/20/2013 - In addition to the two 27th Round licences awarded earlier this year, P2018 West of Shetland and P1975 Northern North Sea, RWE Dea UK has recently been awarded a further three licences. ...
Farm-out of Interest in Valleys Licence P.2032
12/17/2013 - Trapoil entered into a Farm-out Agreement relating to its equity interest in Licence P.2032 (Blocks 21/8c, 21/9c, 21/10c, 21/14a and 21/15b) ("Valleys") with Total E&P UK Limited. ...
Wintershall to Sell Assets in the North Sea to MOL
12/13/2013 - Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acqui...
Independent Extended Blythe and Skipper Licences
12/11/2013 - The Board of Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to confirm that the Blythe and Skipper licences have been extended by 3 months to 31st March 2014. It is...
GDF SUEZ Announces Success in 27th Licensing Round Awards
12/10/2013 - GDF SUEZ E&P UK Ltd is pleased to announce that it has been awarded five further licences in the Southern North Sea (SNS), three as operator, in the second tranche of the 27th offshore oil and gas lic...
Dana Petroleum Awarded New Exploration Licenses in North Sea
12/9/2013 - Dana Petroleum has been awarded two new licenses in the UK North Sea, one of which is close to the Tolmount gas discovery in which Dana has a 50 per cent equity share with operator E.on. ...
Egdon Signs Farm in Agreement with SPG in UK Licenses
12/5/2013 - Egdon Resources plc is pleased to announce that it has signed an Exploration Option and Farm-in Agreement (“The Agreement”) with Scottish Power Generation Limited (“SPG”) in respect of UK Onshore Prod...
Chrysaor Signs East Solan Basin Farm-Out with RWE
12/4/2013 - Chrysaor CNS Limited (“Chrysaor” or the “Company”), a subsidiary of Chrysaor Holdings Limited, an independent exploration and production company focused on developing and commercialising oil and gas d...
Parkmead Awarded Five New Blocks Offshore UK
12/4/2013 - Parkmead is delighted to report that it has been provisionally awarded five additional UK blocks, through two new licences, in the second tranche of awards under the UKCS 27th Licensing Round, the res...
RWE Dea Acquires Licence Shares West of Shetland
12/4/2013 - RWE Dea has signed an agreement to farm-in to Licences P1932 and P2074, which will allow the company to participate in the drilling of the Mustard prospect in the UK Continental Shelf (UKCS), West of ...
Independent Oil & Gas Announces 27th Licensing Round Award
12/2/2013 - Independent Oil and Gas plc (“IOG”), the North Sea focussed Oil and Gas Company, is pleased to announce that it has been offered a licence award in the UK 27th licensing round of blocks 48/23c and 48/...
IOG Wins 2 Blocks in the UK 27th Licensing Round
12/2/2013 - Independent Oil and Gas plc (“IOG”), the North Sea focussed Oil and Gas Company, is pleased to announce that it has been offered a licence award in the UK 27th licensing round of blocks 48/23c and 48/...

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