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Oil & Gas Exploration and Production

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Marquee Energy, Alberta Oilsands entered into arrangement agreement

Friday, 19 Aug 2016 01:50pm EDT

Marquee Energy Ltd says - : Marquee Energy, Alberta Oilsands entered into arrangement agreement . Alberta Oilsands will acquire all of issued and outstanding common shares of Marquee . Marquee Energy Ltd says on completion of arrangement, Marquee shareholders will own approximately 49% of common shares of New Marquee . Marquee shareholders will receive, for each marquee share held, 1.67 common shares in capital of Alberta Oilsands . New Marquee to be led by current management team of Marquee .Board of directors of New marquee will include an equal number of current directors of Marquee and of Alberta Oilsands, respectively.

Marquee Energy, Alberta Oilsands entered into arrangement agreement

Friday, 19 Aug 2016 01:50pm EDT

Marquee Energy Ltd says - : Marquee Energy, Alberta Oilsands entered into arrangement agreement . Alberta Oilsands will acquire all of issued and outstanding common shares of Marquee . Marquee Energy Ltd says on completion of arrangement, Marquee shareholders will own approximately 49% of common shares of New Marquee . Marquee shareholders will receive, for each marquee share held, 1.67 common shares in capital of Alberta Oilsands . New Marquee to be led by current management team of Marquee .Board of directors of New marquee will include an equal number of current directors of Marquee and of Alberta Oilsands, respectively.

India petroleum ministry says Indian Oil, Bangladesh Roads and Highways Dept sign MoU

Thursday, 18 Aug 2016 10:12am EDT

India Ministry of Petroleum & Natural Gas: MoU signed between Indian Oil Corp and Roads and Highways Department of the People's Republic of Bangladesh on route permit - India's petroleum ministry . Validity of facility is till end September, 2016 - India's petroleum ministry .

Jones Energy says announces STACK/SCOOP acquisition

Thursday, 18 Aug 2016 07:00am EDT

Jones Energy Inc - : Jones Energy, Inc. announces STACK/SCOOP acquisition . Deal for $136.5 million .Jones Energy Inc says to acquire approximately 18,000 net acres primarily in southern Canadian and northern Grady counties in Oklahoma.

Armour Energy says accepts settlement agreement with AEGP Australia

Monday, 15 Aug 2016 07:18pm EDT

Armour Energy Ltd : Armour accepts settlement agreement with AEGP Australia . Says Armour and AEGP have agreed to the termination of the Farmout agreement .

Parsley Energy announces Midland Basin acquisition

Monday, 15 Aug 2016 04:04pm EDT

Parsley Energy Inc : Parsley Energy announces Midland Basin acquisition .Deal for $400 million.

Greenpower Energy reponds to ASX price and volume query

Monday, 15 Aug 2016 03:36am EDT

Greenpower Energy Ltd : Response to asx price and volume query . Was in very early stage discussions to acquire up to a 74% interest in certain project areas located in Guyana prospective for Lithium and Tantalum . Negotiations were very preliminary in nature, no exchange of agreements had occurred . Counterparty to the transaction withdrew from discussions with the company on the proposed transaction . Did not believe it was in a position to make an announcement regarding the discussions or the proposed transaction . Discussions on the proposed transaction have now ceased .

Petro Matad says receives $10 mln exit payment from Shell unit

Thursday, 11 Aug 2016 07:43am EDT

Petro Matad Ltd : Confirms that $10 mln exit payment stipulated by farmout agreement with Shell unit has now been received by company .Upon completion of reassignment a further $5 mln payment is due from Shell.

Hawkley Oil And Gas announces termination of Ukraine asset sale

Thursday, 11 Aug 2016 03:58am EDT

Hawkley Oil and Gas Ltd : Termination of ukraine asset sale . Sale of its ukraine assets to tomeas assets ltd has been terminated . Says tomeas failed to meet the revised payment obligations as agreed . Discussions are progressing with an Australian entity that has expressed interest in providing financial support .

Shamaran Petroleum says legal talks resulted in delay in construction of feeder pipeline

Wednesday, 10 Aug 2016 12:45pm EDT

Shamaran Petroleum Corp: Shamaran operations update . Taqa Atrush B.V., co's unit, Marathon Oil KDV BV, working with Kurdistan Regional Government, Kar Co regarding a contractual structure . Contractual and commercial structure for the construction of feeder pipeline . Commercial and legal discussions have resulted in a delay in start of construction of feeder pipeline .Commercial discussions in advanced state for construction of feeder pipeline; to most likely result in first oil to slip into q1 2017.

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