Mergers and Acquisitions News in Australia

Norwest Finalises Joint Venture for Xanadu TP/15 Permit
2/10/2017 - Norwest Energy NL ('Norwest') is delighted to announce it has entered agreements to achieve the full farm-out of its 160MMbbl 'Xanadu' TP/15 prospect. Norwest has executed a binding term-sheet whereby...
Santos Completes Share Purchase Plan
2/6/2017 - Santos announced the completion of its Share Purchase Plan (SPP). The SPP gave retail shareholders the opportunity to participate in Santos’ turnaround strategy following the successful completion of ...
Jacobs Acquires Aquenta Consulting in Australia
1/29/2017 - Jacobs Engineering Group Inc. (JEC) has acquired Aquenta Consulting, a leading provider of integrated project services to public and private sector clients in Australia. Aquenta helps owners, operator...
New Zealand Oil & Gas Increases Stake in Cue Energy to 50.1%
1/17/2017 - New Zealand Oil & Gas has secured a 50.01 per cent holding in its subsidiary, ASX-listed Cue Energy Resources. ...
Oilex Tenders for Additional 55% Interest in Cambay PSC
12/13/2016 - Oilex Ltd (the Company) is pleased to advise that it has participated in a formal tender process submitting a conditional offer for an additional 55% interest in the Cambay PSC (Cambay). Oilex has sub...
HNZ Group announces JV to Support New INPEX Offshore Contract
12/2/2016 - HNZ Group Inc. (HNZ) (the Corporation), an international provider of helicopter transportation and related support services, announced today that it has entered into a joint venture with PHI, Inc. ("P...
Speedcast to Acquire Harris Caprock for US$425 Million
11/1/2016 - SpeedCast International Limited, a leading global satellite communications and network service provider, has entered into a definitive agreement to acquire Harris CapRock in a cash transaction valued ...
Oil Search Signs Definitive Agreement to Acquire InterOil
5/20/2016 - Oil Search Limited and InterOil Corporation have signed a definitive agreement under which Oil Search will acquire all of the outstanding shares of InterOil. The InterOil Transaction offers InterOil s...
Magellan Sells Mereenie Bonus Rights
5/19/2016 - Magellan Petroleum Corporation announced the sale to Macquarie Bank Limited ("Macquarie") of all the Company's rights to certain bonus payments related to the Mereenie field located in the Amadeus Bas...
Beach Energy Completes Merger with Drillsearch
3/1/2016 - Beach Energy Limited (Beach) is pleased to advise that all conditions relating to the scheme of arrangement (Scheme) to merge Beach and Drillsearch Energy Limited (Drillsearch) have been satisfied. As...
Woodside Withdraws Proposal to Merge with Oil Search
12/8/2015 - Woodside has informed the Oil Search Board that it has withdrawn its proposal to merge the businesses. On 3 September 2015 Woodside provided Oil Search with a proposal to merge Woodside and Oil Search...
Recommended Merger of Beach & Drillsearch
10/23/2015 - Beach Energy Limited (Beach) and Drillsearch Energy Limited (Drillsearch) (DLS) are pleased to announce that they have entered into a binding Merger Implementation Agreement that will create the leadi...
Scepter Partners to Acquire 100% of Santos for $5.1 Billion
10/22/2015 - Scepter Partners, a standing syndicate of ultra-high net worth individuals and sovereign investors, confirms that on 20 October 2015 it made a non?binding indicative proposal (Indicative Proposal) to ...
Woodside Makes Offer to Merge with Oil Search
9/7/2015 - Woodside confirms that it provided Oil Search a confidential and non-binding proposal to merge through a scheme of arrangement under the Papua New Guinea Companies Act. Woodside is currently engaging ...
Apache Agrees to Sell Australian Operations for $2.1 Billion
4/8/2015 - Apache Corporation announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limitedand Brookfield Asset...
Otto Energy Completes Sale of Galoc Production Co. Stake to Nido for $106M
Otto Energy Completes Sale of Galoc Production Co. Stake to Nido for $106M 2/17/2015 - Otto Energy Ltd., an Australian-based oil and gas exploration and production firm focused on Southeast Asia and onshore East Africa, announced the sale of Galoc Production Company W.L.L. (GPC) to Nid...
Update on Takeover Bid for MEO Australia
1/19/2015 - The Directors of Mosman Oil and Gas Limited, the New Zealand and Australia focussed oil exploration and development company is pleased to update shareholders in respect of the takeover of MEO Australi...
Neon Energy Provides Update on Evoworld's Attempted Takeover
11/26/2014 - Neon Energy has provided an update on Evoworld's attempted takeover of the Company and its intention to call a general meeting, following Neon's decision to pursue a proposed merger with MEO Australia...
Acquisition Expands OPW's Market Reach & Product Breadth
8/11/2014 - OPW has signed a definitive agreement to acquire all the outstanding shares of Liquip International headquartered in Smithfield, NSW, Australia. Liquip is a leading Australian designer and manufacture...
Woodside Shareholders Block $2.68b Buyback from Shell
8/1/2014 - Woodside Petroleum Ltd failed to win shareholder approval to buy back $2.68 billion of its shares from Royal Dutch Shell Plc, Australia's top oil and gas company said after a vote. ...

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