•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Sona Petroleum to buy Salamander's Thai assets

    Sona Petroleum Bhd.

    Malaysia’s Sona Petroleum Bhd. is buying a 40% stake in two oil and gas blocks from London-listed Salamander Energy Plc in the Gulf of Thailand for $280 million, according to Reuters.

    The blocks include an active oil field that has been producing since 2008, along with rights to explore surrounding fields.

    The transaction, which is expected to close by the third quarter this year, is still subject to approval from shareholders and regulators.

    Reuters said that CIMB Investment Bank and BNP Paribas were advisors on the transaction.

    Most Popular

    Related Articles

    American Piping Products provides results of tender offer

    06/15/2015 American Piping Products Inc. has received tenders and related consents from holders of $93,057,000 aggregate principal amount of its 12⅞% senior secured notes due 2017 (CUSIP Nos. 02902P AA7 ...

    Eclipse Resources begins $650 million offering of senior notes

    06/12/2015 Eclipse Resources Corp. intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers under Rule 144A and Regulation S...

    GE Capital finances ROC Services, supporting its acquisition

    06/11/2015 GE Capital, Corporate Finance has provided a $17 million credit facility to ROC Services Co., an oil and gas wellsite services supplier. The funds will be used to refinance existing equipment and t...

    MRC Global closes sale of Series A convertible perpetual preferred stock

    06/11/2015 MRC Global Inc., which provides pipe, valves, and fittings (PVF) and related products and services to the energy industry, has closed its offering of Series A convertible perpetual preferred stock ...

    SandRidge closes notes offering, restates revolving bank credit facility

    06/11/2015 SandRidge Energy Inc. has closed its private offering of $1.25 billion in aggregate principal amount of senior secured notes due 2020. The notes were issued at par and bear interest at a rate ...

    EVEP closes Utica East Ohio divestment for $575 million

    06/11/2015 EV Energy Partners LP has closed the sale of its entire 21% interest in Utica East Ohio Midstream LLC (UEO), to Utica Gas Services LLC, a subsidiary of Williams Partners LP, and M3 Ohio Gathering L...

    More Oil & Gas Financial Articles

    American Piping Products provides results of tender offer

    Mon, Jun 15, 2015

    American Piping Products Inc. has received tenders and related consents from holders of $93,057,000 aggregate principal amount of its 12⅞% senior secured notes due 2017 (CUSIP Nos. 02902P AA7 and U0289P AA1) prior to the consent payment deadline of 5 p.m., New York City time, on June 11. 

    Eclipse Resources begins $650 million offering of senior notes

    Fri, Jun 12, 2015

    Eclipse Resources Corp. intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.

    GE Capital finances ROC Services, supporting its acquisition

    Thu, Jun 11, 2015

    GE Capital, Corporate Finance has provided a $17 million credit facility to ROC Services Co., an oil and gas wellsite services supplier. The funds will be used to refinance existing equipment and to support the acquisition of the company by Coral Reef Capital.

    MRC Global closes sale of Series A convertible perpetual preferred stock

    Thu, Jun 11, 2015

    MRC Global Inc., which provides pipe, valves, and fittings (PVF) and related products and services to the energy industry, has closed its offering of Series A convertible perpetual preferred stock to an affiliate of Cornell Capital LLC for $363 million. 

    SandRidge closes notes offering, restates revolving bank credit facility

    Thu, Jun 11, 2015

    SandRidge Energy Inc. has closed its private offering of $1.25 billion in aggregate principal amount of senior secured notes due 2020. The notes were issued at par and bear interest at a rate of 8.75% per annum. 

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ