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News Date
Exxon inks PSC for deepwater offshore Equatorial New Guinea
ExxonMobil signed a production sharing contract with the government of Equatorial Guinea for the deepwater block EG-11 located 36 miles west of Malabo. The supermajor’s Guinean subsidiary will gain...
Jun 21, 2017
Hyperdynamics closes offshore Guinea farmout
Two subsidiaries of Houston-based Hyperdynamics are now 50/50 partners in the Fatala prospect, a 5,000 sq km production sharing contract offshore Guinea, after closing farmout agreements with the...
Jun 21, 2017
Nigeria’s Oranto inks PSAs with Uganda for Ngassa blocks
Uganda signed two production sharing agreements with Nigeria’s Oranto Petroleum International for the development of the Ngassa shallow play and Ngassa deep play exploration blocks located near the...
Jun 21, 2017
Savannah on the cusp of West Africa acquisition
Niger-focused Savannah Petroleum signed a binding exclusivity agreement with a West Africa-focused company regarding the possible acquisition of all of its oil and gas assets in the region. Savannah...
Jun 21, 2017
Empyrean closes purchase of interest in Indonesian block
Empyrean Energy closed its acquisition of 10% WI in the Duyong PSC offshore Indonesia for US$2.0 million, reducing operator Conrad Petroleum's stake. Empyrean decided not to increase its interest to...
Jun 21, 2017
Sonoro inks LOI for West Sulawesi appraisal well
Sonoro Energy entered several agreements for work at its Budong appraisal well program in West Sulawesi, Indonesia. Sonoro’s appraisal well program, offsetting the original LG-1...
Jun 21, 2017
What the Analysts are Saying About - June 21, 2017
Raiffeisonbank: Repsol, Gazprom Neft partnership mutually beneficialA partnership between Repsol and Gazprom Neft in the Urals region could be mutually beneficial (PG. 7), triggering Repsol’s...
Jun 21, 2017
Dealmakers set for July 13 in Dallas
Dealmakers, PLS’ signature Prospect and Property Expo, is returning to Dallas July 13 at the Hyatt Regency in downtown. This one-day event is the perfect marketplace to explore current plays and...
Jun 21, 2017
Q2 is ending with a whimper, not a bang
Q2 is wrapping up with a trickle rather than a flow of deals. During the week of June 12-16 oil prices fell to seven-month lows, as inventories continued to swell, ailing OPEC producers expressed...
Jun 21, 2017
Petrobras receives favorable rulings in two domestic sales
Brazil’s state-run Petrobras received two favorable court decisions regarding recently announced sales of subsidiary Liquigás Distribuidora and its 90% stake in Nova Transportadora do Sudeste....
Jun 21, 2017

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