Acquisitions and Divestitures News in Australia

BG Group Agrees Sale of Australian Pipeline for US$5 Billion
12/9/2014 - BG Group plc, a world leader in exploration and LNG, announced it has agreed to sell its wholly-owned subsidiary QCLNG Pipeline Pty Ltd to APA Group, Australia's largest gas infrastructure business, f...
Transfield Inks Deal with Wooside for NWS Offshore Facilities
12/5/2014 - Transfield Services (Australia) Pty Ltd. reported Thursday that it has signed a master services agreement with Woodside Petroleum Ltd. to provide multidiscipline implementation services at the Woodsid...
Continued Interest & Activity in Permit EP478
12/5/2014 - The Directors of Mosman Oil and Gas Limited announce that the Joint Venture parties in the Canning Basin permit EP478 in WA, Australia recently approved a Joint Venture Agreement amendment to accommod...
OBL to Get 2% Royalty for Hydrocarbons Produced in Permit Vic/P47
12/3/2014 - Oil Basins Ltd. (OBL) reported that documents were signed today which, with National Offshore Petroleum Titles Administrator (NOPTA) approval and registration, will see OBL's wholly owned subsidiary O...
Derby Block Update & Backreef Oil
12/1/2014 - The Directors of Oil Basins Limited (OBL or the Company, ASX code OBL) wish to make the following ASX announcement to update shareholders and investors on matters pertaining to WA Petroleum Exploratio...
OBL Group Completes Acquisition of 2 Undeveloped Gippsland Gas fields
11/28/2014 - Oil Basins Limited (OBL) has provided an update on the Company’s ongoing activities in Vic/P47. It has been confirmed from NOPTA that the transfer to OBL and its wholly owned subsidiary Shelf Oil Pty ...
Rey Resources Acquires 50% Interest in Derby Block
11/28/2014 - Rey Resources has announced that its subsidiary company Rey Lennard Shelf ('RLS') has entered into an agreement with Backreef Oil to acquire a 50% interest in petroleum exploration licence EP487, the ...
Empire Sells Carnarvon Basin Tenements to Bounty O&G
11/20/2014 - Empire Oil & Gas has taken another key step in its strategy to unlock the value of its Perth Basin assets, signing an indicative agreement to sell its remaining acreage in WA's onshore Carnarvon Basin...
Oil Basins Increases Stake in Gippsland Basin Permit VIC/P47
11/19/2014 - Oil Basins Limited (OBL) has announced that documents have been signed transferring all the third-party interests in the offshore Gippsland Basin Permit Vic/P47 to the OBL Group. The OBL Group will no...
Rampart Acquires Majority Stake in WA-507-P Permit
11/18/2014 - Australian company Rampart Energy has secured the rights to an 80% working interest, as Operator, in the newly released exploration permit WA- 507-P, located within the prolific Northern Carnarvon Bas...
HIREX Signs Binding Agreements For 20% Stake in Australia
11/18/2014 - The Board of Directors of Rex International Holding Limited wishes to announce that following the receipt of approvals from the Foreign Investment Review Board and the National Offshore Petroleum Titl...
Rex International acquires stake in VIC/P57
11/18/2014 - Rex International has received approval for the exercise of the option to acquire a 20 per cent interest in VIC/P57 from 3D Oil by a wholly-owned subsidiary of HIREX. The binding agreements accord an...
Altona Energy Signs Agreement on the Arckaringa JV
11/14/2014 - AIM-listed Altona Energy has announced that Altona, Sino-Aus Energy Group and Wintask Group (together the 'JV Partners') have signed an agreement in respect of the terms of the Arckaringa project join...
Statoil to Withdraw from PetroFrontier's Georgina Permits
11/14/2014 - Baraka Energy & Resources has advised that Statoil Australia Theta has informed Baraka that it has concluded the drilling and testing campaign on the Company’s permits, EP127 and EP128 in the Georgina...
AWE Completes Sale of 11.25% of BassGas Field
11/4/2014 - AWE has announced the completion of the sale of an 11.25% interest in T/L1 (BassGas infrastructure & Yolla field) and a 9.75% interest in T/18P (Trefoil field) to Prize Petroleum Company, a wholly own...
Triangle Energy Acquires Interest in Queensland Licence
11/3/2014 - Triangle Energy has entered into an agreement with Goshawk Energy to farm into ATP1186 in the Surat Basin, Queensland. ATP1186 is 100km west of the Moonie oil field, one of Queensland’s oldest and lar...
Exoma Withdraws from the Galilee Joint Venture
10/30/2014 - Exoma Energy Limited has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P), effective as of 1 January , 2015. Following Exoma’s withdrawal, CNOO...
NT/P68 Farmin Agreement Notices Received
10/29/2014 - MEO Australia Limited advises that Eni Australia Limited (Eni) has elected not to drill an additional well on the Heron structure and will therefore withdraw from the Heron Area of NT/P68. ...
Statoil Takes Offshore Operatorship in Australia
10/24/2014 - Statoil continues to expand in Australia, with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia. ...
Strike Energy Awarded New Cooper Basin Permit
8/27/2014 - Strike Energy Limited has been successful in its application for block CO2013?B in the Cooper Basin exploration acreage release by the Government of South Australia. ...

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