Posts Tagged ‘acquisition’

Aker Solutions acquires Thrum Energy

by Forex Rooton November 22, 2012 11:39 pm BST
Aker Solutions acquires Thrum EnergyAker Solutions, is buying Thrum Energy. The acquisition will grow Aker Solutions portfolio and increase the company's presence in the Atlantic Canada market.Thrum Energy is asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in

Memorial to buy offshore California blocks

by on November 20, 2012 7:28 am BST
Under the agreement, Texas-based Memorial will pay a purchase price of $271 million for the blocks, including $3 million of working capital and other adjustments.Known as the Beta properties, the acquisition comprises a 51.75% operating interest in three Pacific Outer Continental Shelf blocks covering the Beta field, located

Vanguard Natural Resources to acquire properties in Montana

by on November 16, 2012 3:06 am BST
Vanguard Natural Resources to acquire properties in MontanaVanguard Natural Resources today announced it has entered into a definitive agreement with an undisclosed seller to acquire certain non operated oil and natural gas assets in Montana for a purchase price of $131.0 million. However, the properties under the agreement are subject

Alcoa increases Warro stake

by on November 5, 2012 2:33 am BST
Project operator Transerv Energy confirmed on Monday that Alcoa had exercised its right to increase its equity in Warro to 43% through the previous drilling of the Warro-4 well and the acquisition of 3D seismic. The Warro-4 appraisal well was drilled on the field last year and flowed gas at