News listings

energy-pedia farmouts/divestments

United Kingdom flagUnited Kingdom

Europe / Caspian / CIS >>> United Kingdom

UK: Anglo African to acquire a 25 per cent interest in the Saltfleetby gas field, East Lincolnshire


04 May 2021

Photo - see caption

Anglo African Oil & Gas has announced its intention to enter into an option agreement with Saltfleetby Energy Limited ('SEL') to acquire a 25% interest in in the Saltfleetby gas field, East Lincolnshire.

SEL holds a 49% legal and beneficial interest in Petroleum Exploration and Development Licence 005 and is a party to a joint operating agreement regulating the operations under the Licence (JOA). On exercise of the Option AAOG would also become a party to the JOA.   

The consideration for the exercise of the Option shall be the issue and allotment to SEL of such number of ordinary shares in the capital of AAOG as is equal in value to £8m.

Original article link

Source: Anglo African Oil & Gas





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 364

Completed Deals

Completed Upstream Deals: 6093

Company Profiles

Current Company Profiles: 2774

Corporate Activity

Current Corporate Activity articles: 3666

Companies Looking

Current number of articles: 447

Company Sales

Current Company Sales articles:1477

Geostudies

Current Geostudies articles: 794

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Government of South Australia
SLR Consulting logo
OPC
energy365
Rose & Assocs 149
Union Jack Oil 149
Bayphase
KL Publishing
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com