SYDNEY, AUSTRALIA: Winchester Energy Limited (ASX: WEL) announced the acquisition of a 100% working interest in the Varn Oil Field, located 18 miles to the east of Winchester’s existing producing assets in Nolan County, Texas. The Varn Oil Field contains…
KARACHI, PAKISTAN: Mari Petroleum Company Limited (MPCL) has executed a farm-out agreement with MOL Pakistan Oil and Gas Co. B.V. over Margala Block with an area of 1,847 sq. km to collaborate their resources and efforts to jointly perform exploration…
HOUSTON: VAALCO Energy Inc. has signed a sale and purchase agreement (SPA) to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. Since VAALCO currently owns and operates a 31.1% working interest in Etame, the…
LONDON: BHP Group announced that it has signed a Membership Interest Purchase and Sale Agreement with Hess Corporation to acquire an additional 28 per cent working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico. Shenzi is…