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Acquisitions and Divestitures News in United Kingdom

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...
Cluff Natural Resources Completes Farm-out of License P2252 to Shell
5/30/2019 - AIM-listed Cluff Natural Resources has received Oil and Gas Authority ('OGA') approval in relation to the farm-out of License P2252 to Shell and the farm out has now completed. ...
Acquisition of Chevron North Sea Limited
5/30/2019 - Ithaca Energy Limited (Ithaca) is pleased to announce that it is to acquire Chevron North Sea Limited (“CNSL”) for $2 billion. The transaction will add a further ten producing field interests to the e...
Shell U.K. Limited Exercises Option on P2437
4/30/2019 - Cluff Natural Resources Plc is pleased to announce that Shell U.K. Limited (“Shell”) has exercised its exclusive option under the option agreement dated 8 February 2019 between the Company and Shell ...
Completion of Acquisition of interest in Lidsey Licence
4/18/2019 - Angus Energy is pleased to inform investors that, further to its announcement of 26 February 2019, the Company has now completed the acquisition of Doriemus Plc's 20% interest in the Lidsey Licence, P...
ConocoPhillips Enters Agreement to Sell UK E&P Subsidiaries
4/18/2019 - ConocoPhillips has entered into an agreement to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion, plus interest and customary adjustments. Together...
Union Jack Oil Agreed to Sell Its 7.5% Interest in PEDL143
4/16/2019 - Union Jack Oil plc (UJO), a UK focused on-shore hydrocarbon production, development and exploration company is pleased to announce that it has conditionally agreed to sell its 7.5% interest in PEDL143...
Europa Sells Interest in PEDL143 to UKOG
4/16/2019 - Europa Oil & Gas (Holdings) plc, the UK and Ireland focused exploration, development and production company, is pleased to announce it has conditionally agreed to sell its 20% interest in UK onshore l...

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