Acquisitions and Divestitures News in Australia

Japanese Firms Eye Stake in Woodside's LNG Project
3/10/2011 - Japanese trading companies Mitsubishi Corp and Mitsui & Co are considering buying stakes in Woodside Petroleum's Browse Basin liquefied natural gas project in Western Australia, a newspaper reported. ...
Worrior Sale Secured and Multi Block Farm-Out
3/8/2011 - Cooper Energy is pleased to inform shareholders that the Company has entered into a transaction with GB Energy Limited regarding the sale of all of the shares in Worrior (PPL 207) Pty Ltd which is the...
Blue Energy Grants KOGAS Extension of Farm-In Option
3/1/2011 - Blue Energy Limited advises that it has agreed to a request from Korea Gas Corporation (KOGAS) to further extend the expiry date on its farm-in option over ATP813P (Galilee Basin) and ATP814P (Bowen B...
Sale of Gippsland Basin Permits to Larus Energy
2/18/2011 - Drillsearch Energy Ltd is pleased to announce the sale of its three Gippsland Basin Permits being VIC/P63, VIC/P64 and T/46P held by it's wholly owned subsidiary Great Artesian Oil and Gas Pty Limited...
CNOOC $50m Investment Receives FIRB Clearance
2/17/2011 - Exoma Energy Limited is pleased to advise that China National Offshore Oil Corporation's subsidiary, CNOOC Gas & Power Group Ltd has received clearance from the Australian Treasurer for its $50 millio...
Acquisition of Woodchip Processing and Forestry
2/1/2011 - Mitsui & Co., Ltd. ("Mitsui",head office: Tokyo, Japan, President and CEO: Masami Iijima,) has acquired all shares in Hansol PI Pty Ltd. ("HPI"), which processes and exports woodchips in Western Austr...
HQCEC Acquires Stake in Australia's LNG
1/27/2011 - A strategic framework agreement was signed between China Huanqiu Contracting & Engineering Corporation (HQCEC) and Australia's LNG Limited in Beijing. By acquiring 19.9 percent of the total common sha...
Tap Oil Increases its Interest in WA-351-P
1/20/2011 - Tap Oil Limited has exercised its pre-emptive right to acquire an additional 20% interest in the highly prospective WA-351-P exploration permit in Western Australia's Carnarvon Basin. ...
BP Awarded 4 Australian Deepwater Exploration Blocks
1/17/2011 - BP announced that it has been awarded four deepwater offshore blocks in the Ceduna Sub Basin within the Great Australian Bight, off the coast of South Australia. ...
Innamincka Petroleum Increases Cooper Interest
1/7/2011 - The Directors of Innamincka Petroleum Limited (INP) advise that the company has accepted an offer from SCGAU Pty Ltd (SCGAU) to acquire an additional 25% interest in PEL103 and PRLs 14, 17 & 18 (PEL10...
Cue Completes WA-389-P Farmout to Woodside
1/6/2011 - Cue Energy Resources Limited is pleased to announce that all regulatory approvals have been received for Woodside Burrup Pty Ltd to farm into Cue's WA-389-P permit in the offshore Carnarvon Basin of W...
Acquisition of 12% Interest in Bullseye Project
12/31/2010 - The board is pleased to advise that Golden Gate Petroleum (GGP) has acquired an additional 12% interest in the Bullseye Project from Eastern Advisors Capital Limited who had originally obtained their ...
Anglo American Completes Sale of Coal Assets
12/23/2010 - Anglo American plc announces that it has completed the sale of its interests in five undeveloped coal assets in Australia to a consortium composed of Korea Electric Power Corporation, POSCO and Cockat...
Otway Permit (PEL495) Farm Out to Beach Energy
12/23/2010 - We are pleased to inform shareholders that the Company has farmed out 35% of PEL495 in the Otway Basin, onshore South Australia. ...
Receiving Approval for Permits AC/P50 & AC/P51
12/22/2010 - MEO Australia Limited has been advised that the Delegate of the Designated Authority for the Territory of Ashmore and Cartier Islands offshore area has approved the acquisition by MEO of a 100% intere...
ROC Sells Interest in Offshore Carnarvon Basin
12/20/2010 - Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, has agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million su...
Total Increases its Interest in the GLNG Project
12/17/2010 - Total announced the signature of an agreement to acquire an additional 7.5% interest in Australia’s GLNG (Gladstone LNG) project from Santos for an amount of US $281.25 million. This will increase Tot...
Acquiring Working Interests in PEL 88 and PEL 100
12/16/2010 - Victoria Petroleum is pleased to advise that it has executed a Sale and Purchase Agreement with Traditional Oil Pty Limited (Traditional) to acquire all of Traditional’s 50 % working interest in PEL 8...
Exoma Signs $50m Agreement With CNOOC Over Gas Assets
12/9/2010 - Exoma Energy Limited executed a Farmin Agreement, in Beijing, with one of China’s leading integrated energy companies, China National Offshore Oil Corporation, through one of its subsidiaries in Austr...
BHP May Eye Oil & Gas if Potash Bid Dies
11/5/2010 - BHP Billiton's blocked bid for Potash Corp has spurred talk that the miner will now focus on oil and gas targets such as Australia's Woodside Petroleum, but some analysts are sceptical. ...

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