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Acquisitions and Divestitures News in United Kingdom

Atlantic Petroleum Requests JOC Meetings on UK Orlando & Kells Fields
11/27/2016 - Atlantic Petroleum has issued notices to Iona Energy Company (UK) (in administration) that it requests that special meetings of the Joint Operating Committees of UK Licenses P.1606 and P.1607, the Orl...
Union Jack Oil Completes Acquisition of Interest in PEDL180 & 182
11/22/2016 - Further to the announcement of 27 September 2016, Union Jack Oilhas announced that the Oil and Gas Authority ('OGA') has now approved the acquisition by Union Jack of a further 3.34% interest in PEDL1...
Hurricane Wins 'Out of Round' Licence Adjacent to its Lancaster Licence
11/18/2016 - Hurricane has been awarded the P2308 licence (Halifax) by the Oil and Gas Authority in an out of round application. The licence is contiguous to, and extends north east from, Hurricane's existing Lanc...
Bridge Petroleum Fails to Complete Acquisition of Orlando Field Asset
11/17/2016 - Bridge Petroleum has advised Atlantic Petroleum that they are unable to complete the transaction under the SPA for 25% of the Orlando asset announced on the 6th June 2016. This means that Atlantic Pet...
Egdon Resources Acquires Additional Interest in PEDL201
11/16/2016 - Egdon Resources plc is pleased to announce the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area. Egdon will acquire a 12.5% interest in PEDL201 in the Widmerpo...
Siccar Point Energy Confirms Acquisition of OMV (UK)
11/9/2016 - Following OMV's announcement on Tuesday, Siccar Point Energy has confirmed its acquisition of OMV (UK) from OMV. Aberdeen-based Siccar Point is a North Sea focussed E&P company backed by funds managed...
IGas Energy Issues Announcement Regarding Press Speculation
10/31/2016 - IGas Energy confirms, further to last week's announcement of Wednesday 26 October and press reports over the weekend, that as it seeks a capital structure appropriate for the business in the current o...
Cluff Natural Resources Updates North Sea Licences P2253 & P2258
10/28/2016 - In the Company's most recent announcement of 19 October the Company had received an extension on both of its 100% held licences (P2248 and P2252) for a further year to 30 November 2017 and that an ext...
An Additional Licence Interest Acquisitions in East Midlands Core Area
10/26/2016 - AIM-listed Egdon Resources has announced the acquisition of additional interests in two 14th Round licences in the Company's East Midlands core area. ...
Verus Petroleum Acquires Additional Interest in Boa Oil Field
10/20/2016 - Verus Petroleum is pleased to announce the signing of a sale and purchase agreement with Maersk Oil North Sea UK Limited for the acquisition of Maersk Oil’s 9.8% interest in the Boa oil field. This ac...
Jersey Oil and Gas plc Completes Farm-out to Statoil
10/6/2016 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased to announce that, further to the announcement of 23 August 2016, ...
Intertek Acquires EWA-Canada
10/5/2016 - Intertek, a Total Quality Assurance provider to a range of industries worldwide, has completed its acquisition of EWA-Canada, a leading provider of cyber security and assurance services for products, ...
Egdon Announces Details of UK 14th Onshore Oil and Gas Licensing Round Final Awards
10/3/2016 - Egdon Resources plc is pleased to confirm that the Oil & Gas Authority has formally issued the Company with nine new Petroleum Exploration and Development Licences ("PEDLs") arising from the UK 14th O...
Union Jack Provides Update on PEDL339 farm-in
10/3/2016 - Union Jack Oil plc, an onshore oil and gas production and development company with a focus on production, development and investment in the United Kingdom onshore hydrocarbon sector, note that the Oil...
RockRose Energy Acquires Maersk Oil Assets
9/14/2016 - RockRose Energy plc has agreed non-binding headline terms and a period of exclusivity from Maersk Oil North Sea UK Ltd to acquire its non-operated interests in the Wytch Farm (7.43%), Scott (5.16%) an...
Parkmead Increases Its Stake in Major UK Oil Project
9/14/2016 - Parkmead, the UK and Netherlands focused independent oil and gas group, is delighted to announce that it has increased its stake in the Perth and Dolphin oil fields in the UK Central North Sea. The Pe...
Acquisition of Stake in Maclure Field Successfully Completed
9/8/2016 - Nobel Upstream, the independent UK-based exploration and production company, said its acquisition of a 7.59 per cent non-operated interest in the Maclure oil and gas field from Shell, announced on 10 ...
INEOS Secures £220m Reserve-Based Lending Facility
9/7/2016 - INEOS UK E&P Holdings Limited confirms that it has entered into its first reserve-based lending facility (RBL Facility). The RBL facility is a senior secured five-year £220 million facility and has be...
UKOG Completes Acquisition of Further Interest in Weald Basin Licences
9/6/2016 - Further to the RNS dated 22 July 2016 regarding the agreement to acquire the entire 3.9% interest of Flowermay Limited (Flowermay) in onshore Weald Basin licences PEDL137 and PEDL246 (the Licences),...
Statoil Takes 70% Ownership & Becomes Operator for UK Licence P.2170
8/23/2016 - Statoil has signed a Sales and Purchase Agreement (SPA) with Jersey Oil and Gas plc and CIECO Exploration and Production (UK) Limited to acquire 70% ownership and operatorship for the P.2170 licence o...

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