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Acquisitions and Divestitures News in United Kingdom

Europa Extends Agreement to Sell 10% Interest in Wressle Discovery
9/26/2017 - Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed exploration, development and production company, is pleased to announce a second extension to the Sale and Purchase Agreement (SPA) signed ...
Premier Oil to Sell Wytch Farm Interests for $200 Million
9/12/2017 - Premier has entered into a sale and purchase agreement to sell its entire interests in Licences PL089 and P534, which contain the Wytch Farm field (Wytch Farm), to Verus Petroleum SNS Limited (Verus) ...
Premier Oil to Sell its Interest in Wytch Farm Oil Field
8/22/2017 - Premier notes today’s media speculation and confirms that it has reached agreement with a third party for the disposal of its entire 33.8% interest in the Wytch Farm field. The proposed consideration ...
Upland Resources Provides Update on Wressle Farm-in Agreement
8/21/2017 - Upland Resources Limited., the oil and gas company actively building a portfolio of attractive upstream assets, notes the 'Operational Update' announcement issued on 14th August 2017 by Egdon Resource...
Parkmead Completes Important UK Gas Area Acquisition
8/9/2017 - Parkmead, the UK and Netherlands focused independent oil and gas group, has completed the previously announced acquisition of a 50% interest in the UK North Sea Licence P.2209. from Verus Petroleum (S...
Faroe Petroleum Acquires Further Interest in Blane Field
7/28/2017 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the conditional acquisitio...
IOG Awarded Block 48/25a in UKCS 2016 Licensing Round
7/14/2017 - Independent Oil and Gas plc (IOG), the North Sea development and production focused Oil and Gas Company, has been awarded a new licence by the UK Oil and Gas Authority (OGA) in the 2016 Supplementary ...
Egdon Resources Acquires Producing Fiskerton Airfield Field
7/10/2017 - Egdon Resources plc is pleased to announce the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294. Egdon Resources plc will acquire a 100% interest in, and operat...
Premier Oil to Acquire Additional Wytch Farm Interests
7/3/2017 - Premier has signed a sale and purchase agreement to acquire a further 3.75% interest in Licences PL089 and P534, which contain the Wytch Farm field, from Maersk Oil North Sea UK Ltd for a cash conside...
Centrica to Sell Langage & South Humber Bank Gas-Fired Power Stations
6/21/2017 - Centrica plc has agreed to sell its operational Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW, to EP UK Investments Ltd (EPUK) for £...
European Commission Approves Shell's $3.8b North Sea Sale
6/16/2017 - The European Commission approved Royal Dutch Shell's $3.8 billion sale of North Sea oil and gas assets to private equity-backed Chrysaor. "The Commission concluded that the proposed acquisition would ...
Receiving Approval for Assignment of Maersk's Interest in Scott & Telford Fields
6/15/2017 - RockRose Energy PLC (the "Company") is pleased to announce that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd (Maersk) will receive consent from the OGA for the assignment of the...
Egdon Resources Acquires Interest in PEDL278
6/12/2017 - Egdon Resources plc is pleased to announce completion of the acquisition of an interest in a licence in the Company's East Midlands core area. ...
CLNR Provides Update on Southern North Sea Licence P2248
5/31/2017 - CLNR, the natural resources investing company with gas assets in the Southern North Sea, is pleased to provide an operational update on its 100% owned asset P2248, located in the Southern North Sea. ...
Union Jack Oil Completes Acquisition of Additional Interest in PEDL180 & 182
5/31/2017 - Further to the announcement of 6 March 2017, Union Jack Oil plc (Union Jack), a UK-focused, onshore oil and gas production and exploration company is pleased to announce that the Oil and Gas Authority...
INEOS to Buy DONG Energy's Upstream Oil & Gas Business
5/24/2017 - In acquiring the DONG Oil & Gas business, the deal positions INEOS as a Top 10 company and the biggest private enterprise operating in the North Sea. The business being acquired has a strong portfolio...
BOEM Publishes Final Notice of Sale for June Cook Inlet Lease Sale
5/18/2017 - The Bureau of Ocean Energy Management (BOEM) will offer approximately 1.09 million acres off Alaska’s southcentral coast in a lease sale scheduled for June 21. Cook Inlet Oil & Gas Lease Sale 244 will...
Atlantic Petroleum Completes Sale of Orlando Field Interest
5/15/2017 - Atlantic Petroleum announces that further to Announcement no. 4 issued 14th March 2017, it has completed the Sale and Purchase Agreement with Decipher Energy for its 25% interest in the Orlando develo...
Alba Mineral Completes Acquisition of 5% Interest in Brockham Licence
5/11/2017 - Alba Mineral Resources plc is pleased to announce that, pursuant to the terms of the Farm-Out Agreement between Alba and Angus Energy Weald Basin No 3 Limited (Angus), and following receipt of the con...
Parkmead Acquisition Doubles its Stake in Key North Sea Gas Area
5/10/2017 - Parkmead, the UK and Netherlands focused independent oil and gas group, has signed a Sale and Purchase Agreement with Verus Petroleum (SNS) Limited to acquire a 50% interest in UK North Sea Licence P....

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