Dart Energy provided an update on its activities in the United Kingdom in relation to the company’s coal bed methane (CBM) assets in Scotland, and shale assets in England. Coal Bed Methane Activities PEDL 133 Reserves Update Netherland Sewell & Associates Inc (NSAI) has completed a reassessment of the PEDL 133 reserves within the initial Airth project [...]
Perth based Eden Energy has executed a conditional Heads of Terms to sell its entire UK coal seam methane and shale gas portfolio for £10.061million to be satisfied by a cash payment of £750,000 and with the balance to be paid in fully paid ordinary shares in presently unlisted UK public company Shale Energy. The [...]
Beach Energy Limited and Beach group subsidiaries, signed documents with Chevron Australia Exploration Pty Ltd and Chevron Australia Holdings Pty Ltd for Chevron to farm-in to PEL 218 (South Australia) and ATP 855 (Queensland) joint ventures (Nappamerri Trough Gas Ventures). Settlement for the first stage of the transaction, being the transfer to Chevron of the [...]
Linklaters has advised leading Spanish energy company Repsol on the US$6.653bn sale to Royal Dutch Shell of its liquefied natural gas (LNG) assets, which includes the minority stakes in Atlantic LNG (Trinidad & Tobago) Peru LNG and Bahia de Bizkaia Electricidad (Spain), as well as the LNG sale contracts and time charters with their associated [...]
Repsol of Spain said it has reached an agreement with Shell for the sale of its LNG assets for $6.7 billion which includes the minority stakes in Atlantic LNG (Trinidad & Tobago,) Peru LNG and Bahia de Bizkaia Electricidad (BBE) as well as the LNG sale contracts and time charters with their associated loans and [...]
February 27, 2013 | Posted in
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Chevron Australia said it has reached an agreement with Beach Energy to acquire working interests in two onshore gas blocks covering an estimated 810,000 acres in the Cooper Basin in central Australia. The agreement provides an opportunity for Chevron to explore, evaluate and assess the potential for natural gas from shale and tight gas development [...]
February 25, 2013 | Posted in
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BG Group said that it has signed a sale and purchase agreement with EXCO Resources for the divestment of all its interests in the shallow, non-core, conventional producing assets and acreage in the Cotton Valley formation for a consideration of $132.5 million. These assets, covering approximately 54 165 net leasehold acres across East Texas [...]
Royal Dutch Shell is interested in buying several liquefied natural gas assets from Repsol of Spain, Cinco Dias newspaper reported on Tuesday. Repsol’s liquefied natural gas assets have sparked considerable interest on the part of big market players since July last year when Repsol launched the sale of its LNG interests. The company aims to [...]
Bill Barrett Corporation announced that on December 31, 2012 it closed on its previously announced sale of natural gas assets to an affiliate of Vanguard Natural Resources, LLC. The sale included all its Wind River Basin natural gas producing properties, the Powder River Basin coal bed methane assets and a working interest in its Gibson [...]
Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the Management Committee of OAO Gazprom, signed a legally binding basic agreement to swap assets of equivalent value. Through the swap, BASF aims to further expand its production of oil and gas and to exit the gas [...]
