15 Nov 19Colombia: Amerisur Resources announces recommended cash acquisition by GeoPark
Amerisur Resources has announced a recommended cash acquisition by GeoPark, following a strategic review and formal sales process announced by Amerisur on 19 July 2019. The Transaction is to be effected by means of a scheme of arrangement.
15 Nov 19Iraq: DNO testing Baeshiqa-2 exploration well in Kurdistan
DNO has announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well after flowing hydrocarbons to surface from the upper part of the Triassic Kurra Chine B reservoir.
15 Nov 19Peru: Karoon contracts drillship for Marina-1 exploration well offshore Peru
Karoon Energy has contracted the 'Stena Forth' Dynamically Positioned Drillship to drill the Marina-1 exploration well in Karoon’s 40 percent owned and operated Block Z-38 in the Tumbes Basin in Peru, with drilling scheduled to commence early in the 1st quarter 2020.
14 Nov 19Philippines: Udenna acquires Chevron’s 45 percent interest in Malampaya
Udenna Corp has signed a Sale and Purchase Agreement to acquire 100 percent of the shares of Chevron Malampaya, a wholly-owned subsidiary of Chevron Philippines, which holds Chevron’s entire 45 percent non-operated interest in the Malampaya gas field in the Philippines.
14 Nov 19US: Ecopetrol and Occidental complete investment agreement in the US Permian Basin
Ecopetrol and Occidental Petroleum have completed the previously announced agreement to form a strategic alliance for the development of unconventional reservoirs in approx. 97,000 acres of the Permian Basin in the State of Texas.
14 Nov 19US: Callon And Carrizo announce amended merger agreement
Callon Petroleum and Carrizo Oil & Gas have announced an amendment to the existing terms of their agreement for Callon to acquire Carrizo in an all-stock transaction.
14 Nov 19World Energy Outlook 2019 highlights deep disparities in the global energy system
Deep disparities define today’s energy world. The World Energy Outlook 2019, the International Energy Agency’s flagship publication, explores these widening fractures in detail and explains the impact of today’s decisions on tomorrow’s energy systems.
14 Nov 19Senegal: FAR announces financing update for the SNE field development offshore Senegal
FAR has appointed Macquarie Bank as an arranger of a debt facility of up to USD350 million for the development of the SNE oil field offshore Senegal
14 Nov 19Tullow Oil announces November Trading Update
Tullow Oil has issued a Trading Update for the period 24 July to 13 November 2019. Full year 2019 West Africa net oil production from Ghana and non-operated portfolio forecast to average c.87,000 bopd.