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Acquisitions and Divestitures News in United Kingdom

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...
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...
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. ...
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...
Total Closes Maersk Oil Acquisition, Becomes Second-largest Operator in North Sea
Total Closes Maersk Oil Acquisition, Becomes Second-largest Operator in North Sea 3/8/2018 - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OE...
Independent Oil and Gas Announces Operational Update
2/28/2018 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, is pleased to provide an update on the acquisition of the Thames Pipeline and the Intelligent Pigging Pro...
Baron Oil Signs Agreement with Corfe to Farm in to North Sea Wick Prospect
2/19/2018 - Baron Oil PLC has entered into an option agreement with Corfe Energy Limited to be assigned part of its rights to farm in to UK North Sea Licence P2235, which contains the Wick Prospect. Baron's optio...
Angus Completes First Stage of Balcombe Partnership
2/16/2018 - Angus Energy Plc, the conventional oil and gas production and development company, announces that pursuant to the Company’s 22 January RNS it has initiated the Balcombe Partnership with the completion...
Angus Announces Agreement to Acquire a 25% interest in the PEDL244
1/22/2018 - Angus Energy, a conventional oil and gas production and development company, has entered into a definitive agreement to form a new partnership with Cuadrilla Balcombe ('Cuadrilla') and Lucas Bolney('L...
ITHACA Signed Agreement to Sale Its Interest in Wytch Farm Field
1/18/2018 - Ithaca Energy Inc. (Ithaca) announces that it has entered into an agreement for the sale of its entire interest in Licences PL089, P534 and PEDL 328, which contain the onshore Wytch Farm field, to Ver...
Ithaca Energy Sells Wytch Farm field to Verus Petroleum
1/18/2018 - Ithaca Energy has entered into an agreement for the sale of its entire interest in Licences PL089, P534 and PEDL 328, which contain the onshore Wytch Farm field, to Verus Petroleum SNS Limited for a c...
United Oil & Gas Farms into Corallian Energy's Southern UK Assets
1/16/2018 - United Oil & Gas, the London Stock Exchange listed oil and gas exploration and development company, has announced an agreement to farm-in to the Corallian Energy interests in its southern UK oil and g...
INEOS Launches Six New Oil & Gas Businesses
1/15/2018 - INEOS has confirmed that it is launching six new oil and gas businesses. The announcement follows the completion of a number of North Sea Oil and gas acquisitions that began in 2015. Today INEOS is a ...
Premier Oil Announces Sale of Interest in ETS Pipeline
12/11/2017 - Premier has entered into a sale and purchase agreement (SPA) to sell its entire equity interest in the Esmond Transportation System (ETS) pipeline to CATS Management Limited (an Antin Infrastructure P...
Egdon Resources Acquired 100% Interest in Promote Licence P2304
12/4/2017 - Egdon Resources plc has announced the acquisition of 100% interest in Promote Licence P2304 (UKCS Block 41/24) from Arenite Petroleum Limited and Europa Oil & Gas Limited. P2304 is located to the imme...
EnQuest Completes Acquisition of Stake in Magnus Field from BP
12/1/2017 - EnQuest PLC has completed the acquisition of an initial 25% interest in the Magnus oil field ('Magnus'), a 3.0% interest in the Sullom Voe Oil terminal and supply facility ('SVT') and additional inter...

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