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Acquisitions and Divestitures News in United Kingdom

Baron Oil JV to Relinquish Inner Moray Firth licence
4/8/2020 - Baron Oil Plc, the AIM-listed oil and gas exploration and production company, provides the following Inner Moray Firth ("IMF") update to shareholders. ...
Union Jack Acquires Additional 35% Interest in Keddington Oil Field
3/9/2020 - Union Jack Oil plc, a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce the acquisition of an additional 35% economic interest in PEDL005(R) contain...
Hurricane Provides GWA Joint Venture Agreements Update
3/6/2020 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relation to the commercial arrangements with i...
IOG Provides Update on Harvey & Redwell Licences
2/28/2020 - Independent Oil and Gas plc (IOG), the development and production company focused on becoming a substantial UK gas producer, provides an update on the Harvey (P2085) and Redwell (P2441) licences in th...
i3 Energy Provides Corporate Update
2/13/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...
RockRose Acquires 100% Interest in the Cotton Gas Field
2/4/2020 - RockRose Energy Plc, the independent oil and gas production company, has signed a Sales and Purchase Agreement ("SPA") to acquire 100% of the equity of Speedwell Energy Limited, the holder of 100% in...
Jersey Oil and Gas Acquires Equinor's Interest in the Verbier Oil Discovery
1/27/2020 - AIM-listed Jersey Oil & Gas has entered into a conditional Sale and Purchase Agreement ('SPA') to acquire operatorship of, and an additional 70% working interest in Licence P2170 (Blocks 20/5b and 21/...
P1929 and P2304 Extension to Term of Exclusivity Agreement
1/20/2020 - The Company is pleased to provide an update to the announcement of 4 November 2019, regarding the exclusivity agreement (the "Agreement") in respect of Licences P1929 and P2304 (the "Licences") with a...
RockRose Transfers Operatorship of Brae Area to TAQA
1/17/2020 - RockRose Energy has announced that, subject to receipt of approval by the Secretary of State, it will be passing operatorship of the Brae Area to TAQA Bratani. This follows court proceedings brought b...
Proposed UK North Sea Acquisitions, Underwritten Financing
1/7/2020 - Premier is pleased to announce the proposed acquisitions of the Andrew Area and Shearwater assets from BP for US$625 million, and an additional 25 per cent. interest in the Premier operated Tolmount A...
East Irish Sea Licence Acquisition
12/23/2019 - The Board of Oilex Limited is very pleased to announce that it has entered into a binding term sheet with Burgate Exploration and Production Ltd (“Burgate”), to acquire a 100% participating interest ...
New UKCS Licence Award
12/18/2019 - Serica Energy plc (SQZ) is pleased to announce that its wholly owned subsidiary, Serica Energy (UK) Limited, has received an Out of Round award of a 100% interest in the UK petroleum licence P2501, bl...
Hibiscus Completes Acquisition of the Crown Discovery in the North Sea
12/12/2019 - Hibiscus Petroleum Berhad is pleased to announce that pursuant to the earlier disclosures made on 17 July 2019 and 7 October 2019, its indirect whollyowned subsidiary, Anasuria Hibiscus UK Limited (“A...
OGA Approves Transfer of Saltfleetby Licence and Operatorship
12/2/2019 - Angus Energy plc is pleased to announce that the Oil and Gas Authority has given its consent to the assignment of a 51% share in Saltfleetby Energy Limited’s interest in the Saltfleetby Field (the “Fi...
Grant of License Extensions to UK Offshore Licenses P1929 and P2304
11/27/2019 - Egdon Resources plc (EDR) is pleased to advise that the Oil and Gas Authority (OGA) has granted licence extensions to UK offshore licences P1929 and P2304. Egdon’s subsidiary, Egdon Resources U.K. Lim...
Receipt of OFAC License and Assurance for Rhum
10/24/2019 - Serica Energy plc (SQZ) is pleased to announce that it has received a renewed License and secondary sanctions assurance from the US Office of Foreign Assets Control (“OFAC”) relating to the North Sea ...
Proposed Acquisition of Assets in the Dutch & UK Southern North Sea
9/25/2019 - Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal, exploration and infrastructure assets primarily focused on the Southern North Sea, is...
Completion of 31st Supplementary Offshore Licensing Round Awards
9/19/2019 - Jersey Oil & Gas (JOG) is pleased to announce formal completion of the requisite documentation in respect of the previously announced blocks awarded to the Company in the Oil & Gas Authority's (OGA) 3...
Ancala Acquires 50% Interest in Dragon LNG
7/2/2019 - Ancala Partners LLP (‘Ancala’), the independent infrastructure investment manager, today announces the acquisition of a 50% interest in Dragon LNG, the liquefied natural gas (‘LNG’) regasification ter...
Dewar Prospect Commercial Feasibility Study
7/1/2019 - Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to prov...

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