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Chrysaor and Premier Oil complete merger to become Harbour Energy

Chrysaor and Premier Oil complete merger to become Harbour Energy
01 Apr 2021
Chrysaor and
Premier Oil, the Group’s enlarged ordinary share capital will be admitted to trading on the London Stock Exchange’s Main Market at 0800 BST today (April 1).
A new global independent oil and gas company
Harbour is a global independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. The Group has a cash-generative diversified UK business with a significant operated position and competitive operating costs, providing resilience to commodity price volatility.
In addition, Harbour has a broad set of international growth opportunities, including an attractive development and exploration portfolio and a management team with a track record of value creation through disciplined M&A transactions. The Group has a strong balance sheet and the financial flexibility to fund both further growth and shareh ....

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Romania: Romgaz confirms offer to acquire ExxonMobil's interest in the XIX Neptun Deep Block

Romania: Romgaz confirms offer to acquire ExxonMobil s interest in the XIX Neptun Deep Block
01 Apr 2021
Romgaz has made a binding offer to acquire 100% shares of ExxonMobil Exploration and Production Romania, the Company that holds 50% of the rights and obligations under the Concession Agreement for petroleum exploration, development and production in the
XIX Neptun DeepBlock, offshore Romania.
OMV Petrom holds the other 50% participating interest.
The binding offer to acquire all shares (representing 100% of the share capital) issued by ExxonMobil Exploration and Production Romania, as endorsed by S.N.G.N. Romgaz S.A. Board of Directors, was submitted to ExxonMobil Upstream Business Development on March 30, 2021. ....

Neptun Deepblock , Exxonmobil Upstream Business Development On , Exxonmobil Exploration , Production Romania , Concession Agreement , Exxonmobil Upstream Business Development , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , எக்ஷ்க்ஷொன்மொபில் அப்ஸ்ட்ரீம் வணிக வளர்ச்சி ஆன் , எக்ஷ்க்ஷொன்மொபில் ஆய்வு , ப்ரொடக்ஶந் ரோமானியா , எக்ஷ்க்ஷொன்மொபில் அப்ஸ்ட்ரீம் வணிக வளர்ச்சி , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு ,

Equatorial Guinea: Tullow completes sale of its assets in Equatorial Guinea to Panoro Energy

Equatorial Guinea: Tullow completes sale of its assets in Equatorial Guinea to Panoro Energy
01 Apr 2021
Equatorial Guinea to
Panoro Energy has now completed. Tullow has received a payment of $88.8 million from Panoro.
As previously disclosed, this transaction also includes contingent cash payments of up to $16 million which are linked to asset performance and oil price. The closing of this transaction follows the satisfaction of all completion conditions, including the approval from the Government of Equatorial Guinea and Tullow and Panoro shareholders and other customary third-party approvals.
Although Tullow will continue to have a financial link to the assets in Ceiba and Okume fields, the closing of this transaction marks Tullow’s exit from its licences in Equatorial Guinea after 18 years. On receipt of funds, Tullow has net debt of c. $2.3 billion and liquidity headroom of c. $1 billion. ....

Equatorial Guinea , Tullow Oil , Equatorial Guinea To Panoro Energy , Panoro Energy , Dussafu Asset , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , பூமத்திய ரேகை கினியா , துள்லோவ் எண்ணெய் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு , புவியியல் மற்றும் புவி இயற்பியல் , மாற்று ஆற்றல் , கனமான எண்ணெய் ,

Lukoil decides not to proceed with FAR takeover

FAR has been advised by Lukoil that it will not be proceeding with its takeover bid for FAR. The FAR directors continue to support the Woodside sale. ....

Lukoil Proposal , Remus Horizons , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , லுகோயில் ப்ரபோஸல் , ரெமுஸ் எல்லைகள் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு , புவியியல் மற்றும் புவி இயற்பியல் , மாற்று ஆற்றல் , கனமான எண்ணெய் , எண்ணெய் மற்றும் வாயு மின்தேக்கி , உரிமம் சுற்று , எண்ணெய் மற்றும் வாயு அமைச்சகம் ,

US: Zephyr Energy completes acquisition of oil producing interests in the Bakken Formation

US: Zephyr Energy completes acquisition of oil producing interests in the Bakken Formation
01 Apr 2021
AIM-listed
Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development, has announced the completion of its acquisition of non-operated working interests in currently producing and near-term production wells in the Bakken Formation, North Dakota, USA, as announced on 29 March 2021.
All conditions of the Acquisition were satisfied yesterday, including the transfer of title of the Bakken Interests to Zephyr and the release of the Operator liens, and all payments due in respect of the Acquisition have also been made, including payment of approx. $3.7 million for historical capital expenditure obligations and $300,000 to the Seller ($50,000 having already been paid in a non-refundable deposit). ....

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