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Acquisitions and Divestitures News in United Kingdom

UK Oil & Gas Acquires Interest in Horse Hill Oil Discovery
8/30/2018 - UK Oil & Gas PLC has entered into a sale and purchase agreement with Solo Oil Plc ("Solo") to acquire their 15% shareholding in Horse Hill Developments Ltd ("HHDL"), the operator and 65% interest hold...
Ithaca Energy Enters into Agreements to Acquire Greater Stella Area licences
8/24/2018 - Ithaca Energy Limited has entered into agreements to acquire all the Greater Stella Area (“GSA”) licences and associated infrastructure interests of Dyas UK Limited (“Dyas”) and Petrofac Limited (“Pet...
United Oil & Gas Confirms Award of Two Blocks in the UK North Sea
8/23/2018 - United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of 24 May 2018, it has accepted the formal offer ...
Faroe Petroleum Announces Farm-in to Azinor Catalyst's UKCS Agar/Plantain Well
8/14/2018 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has farmed into the UK Cont...
Neptune Energy Agrees to Acquire UK Central North Sea Assets
8/13/2018 - Neptune Energy Group (“Neptune”) has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (“ANSL”)...
Serica Energy Acquires Total E&P's Interests in the Bruce and Keith Fields
8/3/2018 - Serica Energy has signed a Sale and Purchase Agreement to acquire further interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea from Total E&P UK. Under the SPA, Se...
Baron to Increase Working Interest in UKCS Licence
7/25/2018 - Baron Oil provides an update on the proposed drilling of the Colter and Wick wells, on UK Continental Shelf Licence P1918 (UKCS Block 98/11a) and P2235 (UKCS Block 11/24b) respectively. ...
Total Prepares Sale of $1.5 billion of UK North Sea Fields
7/9/2018 - Total is set to sell a third of its stake in the vLaggan Tormore gas field along with other oil and gas assets in the UK North Sea that could fetch a total of $1.5 billion, four banking and industry s...
Union Jack Oil Acquires Additional Interest in Wressle Discovery Onshore UK
6/4/2018 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company, has acquired a further 12.5% in the licences PEDL180 and PEDL182 containing the Wressle discovery ...
Egdon Acquires Additional Interest in Wressle and Broughton North
6/4/2018 - Egdon Resources plc has announced the acquisition of an additional 5% interest in PEDL180 and PEDL182, which contain the Egdon operated Wressle oil discovery and Broughton North Prospect, from Celtiqu...
Faroe Awarded New Exploration Licence in UK 30th Round
5/24/2018 - Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded ...
i3 Energy Awarded Block 13/23c on 30th Offshore Licensing Round
5/23/2018 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK is pleased to announce it has been awarded its sole 30th Offshore Licensing Round application target, Block 13/23...
Union Jack Oil Announces Widmerpool Gulf & Humber Basin Acquisition
5/15/2018 - Union Jack Oil has entered into a sale and purchase agreement with Celtique Energie Petroleum whereby Union Jack and its Commercial Partner Humber Oil & Gas will each make an investment to acquire a 1...
Statoil Sells Non-core Asset on UK Continental Shelf
4/30/2018 - Statoil has agreed to sell its 17% non-operated interest in the Alba oil field on the UK Continental Shelf (UKCS) to Verus Petroleum. ...
Premier Oil Sells Babbage Area Interests to Verus Petroleum
4/30/2018 - Premier has entered into a sale and purchase agreement to sell its interests in the Babbage Area to Verus Petroleum SNS Ltd (Verus). The interests include a 47 per cent interest in the Babbage gas fie...
Egdon Farms out Further Interest in PEDL253 to Humber Oil & Gas
4/3/2018 - Egdon Resources plc has signed a Farm-out Agreement in respect of a further 5% interest in PEDL253 with Humber Oil & Gas Limited ("Humber", a private company) under the same terms as the farm-out prev...
Siccar Announces Sale of Minority Interest in Greater Cambo Area
3/29/2018 - Siccar Point Energy is pleased to announce that on 28 March 2018, a Sale and Purchase Agreement was signed with Shell UK Limited (“Shell”) under which Shell will acquire a 30% non-operated working int...
Chrysaor Buys Three North Sea Fields from Spirit Energy
3/22/2018 - North Sea oil and gas producer Chrysaor has agreed to acquire stakes in three aging fields from Spirit Energy, hoping to prolong their production with new drilling, the company said in a statement. ...
Endeavour Energy Kicks off North Sea Assets Sale
3/22/2018 - Endeavour Energy UK has launched the sale of its North Sea oil and gas assets at an ambitious price target of $500 million, according to two industry sources and a document seen by Reuters. The sale i...
Solo Oil Announces Completion of Horse Hill Acquisition
3/9/2018 - Solo, the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, today confirms the completion of the acquisi...

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