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Malaysia's Hibiscus Petroleum Buys Repsol Assets for $213 Million, Enters Vietnam Market

2021-06-04 16:05:49| OGI

Malaysian E&P company Hibiscus Petroleum Bhd has acquired Spanish energy major Repsol Exploración, S.A.'s upstream assets in Malaysia and Vietnam for a cash consideration of $212.5 million, it said in a stock exchange filing on June 4.

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World Petroleum Council Honors Daniel Yergin with Prestigious Dewhurst Award

2021-05-26 15:30:00| OGI

Daniel Yergin, currently vice chairman of IHS Markit, is only the eleventh recipient of the Dewhurst Award in the nearly 90-year history of the World Petroleum Council.

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Oasis Petroleum Exits Permian Basin in Sale Worth over $480 Million

2021-05-21 00:05:00| OGI

Oasis Petroleum had entered the Permian Basin in 2017 with the acquisition of Forge Energy for a mix of cash and stock equivalent worth approximately $946 million.

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Empire Petroleum Closes Acquisition of XTO Permian Basin Assets

2021-05-20 00:00:00| OGI

Empire Petroleum acquired the assets in a historic oil field located on the northwestern edge of the Permian Basins Central Basin Platform in southeastern Lea County from Exxon Mobils XTO affiliate.

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Marketed: Cholla Petroleum Midland Basin Acquisition Opportunity

2021-05-19 23:00:00| OGI

Cholla Petroleum Inc. has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest position in the Midland Basin in Howard County, Texas.

Tags: opportunity acquisition petroleum basin

 

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