Acquisitions and Divestitures News in Australia

Jadestone Energy Transfers Stag Oil Field Operatorship
7/10/2017 - Jadestone Energy Inc. (JSE) is pleased to announce that operatorship of the Stag Oilfield (block WA-15-L) has successfully transferred to Jadestone Energy (Australia) Pty Ltd, a wholly owned subsidiar...
Key Petroleum Completes Cooper Eromanga Basin Asset Acquisition
6/28/2017 - Key Petroleum Limited, via its wholly owned subsidiary Key Cooper Basin Pty Ltd, has completed the acquisition of 100% of Authorities to Prospect ATP 783, ATP 920 and ATP 924 located in the Cooper and...
Tap Oil Sells Interest in Northern Carnarvon Basin Permit WA-8-L
6/14/2017 - As part of its strategy to realise value from its non core asset portfolio, Tap Oil Limited has entered into a sale and purchase agreement with a private E&P company for the sale of its 20% interest i...
Armour Energy Acquires QGC’s Interests in ATP 647
5/31/2017 - Amour Energy Limited has acquired QGC’s interest in ATP 647 on the Roma Shelf, Surat Basin. Armour now holds 100% of ATP 647 which is located immediately to the east of Armour’s PL 227 and its Myall C...
Norwest Energy Completes Xanadu Farmout
5/30/2017 - Norwest Energy has executed farm-out agreements (‘FOAs’) with 3C Group, Triangle Energy and Transerv Energy to formalise the farm-out of its TP/15 permit, which includes the Xanadu Prospect containing...
Cue Energy Grants Extension to BP's Option to Farm-in To the Ironbark Prospect in WA-359-P
5/26/2017 - Cue Energy Resources has agreed to extend the 42.5% equity option over exploration permit WA-359-P granted to BP Developments Australia, as announced on the 13th October 2016, until the 25th October 2...
Buru Energy Announces Canning Basin Asset Swap with Mitsubishi
5/25/2017 - Buru Energy has entered into a transformational transaction with its joint venture partners Diamond Resources (Fitzroy) (DRF) and Diamond Resources (Canning) (DRC) which are both wholly owned subsidia...
Carnarvon Petroleum Granted Cerebrus Project Extension
5/8/2017 - Carnarvon Petroleum has provided an update on the timing and extent of technical work that is being completed on the EP-490, EP-491, TP/27 and EP-475 exploration blocks in the North West Shelf offshor...
Po Valley Advances Funding for Key Northern Gas Field
5/8/2017 - Australian gas producer Po Valley Energy has reached a conditional agreement for United Oil & Gas to earn a 20% stake through a 2 for 1 farm in to Po Valley’s Podere Gallina licence, which contains th...
Origin Increases Interest in Prospective Beetaloo Joint Venture to 70%
5/5/2017 - Origin Energy has increased to 70 per cent its share in the Beetaloo Joint Venture after acquiring Sasol Petroleum Australia’s 35 per cent share. ...
Santos Increases Interest in Southern Amadeus Basin Permits
5/2/2017 - Central Petroleum Limited's (Central) joint venture partner, Santos QNT Pty Ltd (Santos), has exercised its option to acquire a 50% participating interest in and be appointed operator of EP(A)111 and ...
Mahalo Block Work Plan Approved
4/13/2017 - Comet Ridge Limited is pleased to announce that the Mahalo Joint Venture (Comet Ridge-40%, Santos-30%, and APLNG-30%) has unanimously approved the Amended Mahalo 2017 Joint Venture Exploration Work Pr...
BHP Billiton Rejects Elliott Proposal to Demerge US Petroleum Assets
4/10/2017 - BHP Billiton notes the publication of a letter from Elliott Associates, L.P. and Elliott International, L.P. (Elliott), which outlines a proposal for changes to the Group’s Dual Listed Company (DLC) s...
Triangle & Royal Acquire ROC Oil's Interest in Cliff Head Field
3/31/2017 - Triangle Energy (Global) Limited (Triangle) is pleased to announce the execution of a Share Purchase Agreement (SPA) with ROC Oil Company Limited (ROC) for the purchase of its 42.5% Participating Inte...
3D Oil Seeking Partner for Recently Awarded Permit WA-527-P
3/29/2017 - 3D Oil Limited has been awarded a new exploration permit, WA-527-P in the Roebuck Basin of Western Australia, bid on in the December 2016 Australian Offshore Gazettal round. W-16-8 covers an area of 6...
Oil Basins Withdraws from EP487 Derby Block
3/16/2017 - The Directors of Oil Basins Limited (OBL) wish to advise that OBL has decided to effectively withdraw from its position as a 50% Joint Venture Partner in EP487 (Derby Block). Rey Resources Limited (RE...
TAG Oil Expands Oil & Gas Operations into Australia
1/31/2017 - International oil and gas production company TAG Oil Ltd. is pleased to announce that the Company’s wholly owned Australian subsidiary, Cypress Petroleum Pty Ltd. (Cypress), has closed the purchase of...
Cooper Energy Completes Acquisition of Victorian Gas Assets
1/10/2017 - Cooper Energy reports the acquisition of the Victorian gas assets of Santos Limited (Santos) announced to the ASX on 24 October 2016 was completed today for all except the 10% interest in the Minerva ...
Norwest Energy Agrees Extension to TP/15 Xanadu Prospect Farmout
12/23/2016 - Norwest Energy would like to update its shareholders on the progress of the farmout of the drilling of Xanadu-1 located within TP/15, a block currently 100% owned by Norwest Energy (Norwest) via subsi...
Santos Sells Mereenie Oil & Gas Field Interest to Macquarie
12/20/2016 - Central Petroleum Limited has been advised by Santos that Santos has agreed to sell its 50% interest in the Mereenie oil and gas field (including the Mereenie to Alice Springs Pipeline) to Macquarie M...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.