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Acquisition

Acquisition news and technical articles from Oil & Gas Journal. Search Acquisition latest and archived news and articles

  1. CNOOC extends closing date of Nexen acquisition by 30 days

    Online Articles

    Mon, 28 Jan 2013

    Nexen Inc. and CNOOC Ltd. mutually agreed to extend the closing date of CNOOC’s $15.1 billion acquisition of Nexen by 30 days to Mar. 2 because regulatory approvals have yet to be obtained from US authorities, Nexen said in a news release

  2. Sempra completes acquisition of El Paso's Mexican assets

    Online Articles

    Wed, 5 May 2010

    Sempra Pipelines & Storage (SPS) said it has completed acquisition of the Mexican natural gas pipeline and associated assets of ..... owns the gas distributor Ecogas Mexico.” SPS said the acquisition from El Paso includes a gas pipeline and compression assets

  3. Tullow completes acquisition of Heritage assets in Uganda

    Online Articles

    Tue, 27 Jul 2010

    approval by the Uganda government, completed its planned acquisition of 50% interest in Blocks 1 and 3A from Heritage Oil & Gas ..... two sides continue to disagree on the tax issue, but the acquisition proceeded anyway following a compromise under which Heritage

  4. Poland: Shale acreage acquisition completed

    Online Articles

    Mon, 21 Feb 2011

    its Kaynes Capital S.a.r.l subsidiary completed the acquisition of shale gas acreage in Poland. Kaynes Capital acquired a ..... s net Polish shale gas acreage by 180,000 acres. The acquisition gives LNG Energy a gross acreage position in Poland of 1

  5. CNOOC completes acquisition of oil sands operator OPTI

    Online Articles

    Mon, 28 Nov 2011

    A unit of CNOOC Ltd. completed its $2.1 billion acquisition of Canadian oil sands producer OPTI Canada Inc., Calgary ( OGJ Online, July 20, 2011 ). OPTI has a 35% working interest in

  6. Apache completes acquisition of ExxonMobil's Beryl field

    Online Articles

    Tue, 3 Jan 2012

    independent Apache Corp. reported that its subsidiary, Apache North Sea Ltd., has completed its previously announced acquisition of ExxonMobil Corp.’s Mobil North Sea Ltd. assets including Beryl field and related properties. Apache has assumed

  7. Teck closes SilverBirch Energy acquisition

    Online Articles

    Thu, 5 Apr 2012

    Teck Resources Ltd. , Vancouver, BC, has closed its acquisition of SiverBirch Energy Corp., Calgary, with which it has shared the proposed Frontier Oil Sands Mine Project about 100 km north

  8. Cross Timbers' acquisition strategy underpins explosive rate of growth

    Magazine Articles

    Mon, 1 Jun 1998

    Reserves [59,896 bytes] The right acquisition at the right time gave us the ability ..... because Cross Timbers closed a major acquisition late in the year-on Dec. 1, 1997 ..... reserves of 153 bcf for 66¢/Mcf. The acquisition of properties in Wyoming's Green River

  9. Encore Acquisition sets $445 million budget

    Online Articles

    Tue, 15 Jan 2008

    editors HOUSTON, Jan. 15 -- Encore Acquisition Co. plans a $445 million capital budget ..... development budget for 2007. This year Encore Acquisition plans to spend $347 million on drilling ..... Mexico region. Jon S. Brumley, EnCore Acquisition president and chief executive officer

  10. Resolute Natural to merge with Hicks Acquisition

    Online Articles

    Wed, 5 Aug 2009

    public company through a $582 million transaction with Hicks Acquisition Co., in which the resulting company will be Resolute Energy ..... boost oil production. Resolute is based in Denver and Hicks Acquisition is based in Dallas. Resolute was formed in 2004 by the management

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