•  
  •  
  •  
  •  
  •  
  • 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

    Ninth Wing Capital opens as investment/merchant bank for O&G sector

    08/21/2015 Ninth Wing Capital LLC has opened as a boutique investment bank and merchant bank focused primarily on the oil and gas sector with selected clients in the greater energy, technology, and real estat...

    Southcross Energy Partners and Southcross Holdings secure new equity commitment

    08/20/2015 Southcross Energy Partners LP and Southcross Holdings LP have secured a new $175 million equity commitment and have provided additional detail into distribution coverage and future drop-down plans.

    Midstates Petroleum receives continued listing standard notice from NYSE

    08/20/2015 Midstates Petroleum Co. Inc. received notice from the New York Stock Exchange (NYSE) on Aug. 13 that the company’s market capitalization and last reported stockholders equity had fallen below the N...

    ONEOK prices $500 million notes offering

    08/19/2015 ONEOK Inc. has priced an offering to sell $500 million of 7.50% senior notes due 2023. The notes will be issued under ONEOK's existing shelf registration statement previously filed with the US...

    KPMG adds Ewing energy practice team

    08/19/2015 KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC has added a team of professionals from Ewing Bemiss & Co., a middle-market boutique investment bank that provides transaction...

    Monadnock receives $100M equity commitment from Kayne Anderson

    08/18/2015 Monadnock Resources LLC has received a $100 million equity commitment from Kayne Anderson Energy Funds and members of the management team. Monadnock is being formed to target the acquisition and de...

    More Oil & Gas Financial Articles

    Ninth Wing Capital opens as investment/merchant bank for O&G sector

    Fri, Aug 21, 2015

    Ninth Wing Capital LLC has opened as a boutique investment bank and merchant bank focused primarily on the oil and gas sector with selected clients in the greater energy, technology, and real estate fields.

    Southcross Energy Partners and Southcross Holdings secure new equity commitment

    Thu, Aug 20, 2015

    Southcross Energy Partners LP and Southcross Holdings LP have secured a new $175 million equity commitment and have provided additional detail into distribution coverage and future drop-down plans.

    Midstates Petroleum receives continued listing standard notice from NYSE

    Thu, Aug 20, 2015

    Midstates Petroleum Co. Inc. received notice from the New York Stock Exchange (NYSE) on Aug. 13 that the company’s market capitalization and last reported stockholders equity had fallen below the NYSE’s continued listing standards.

    ONEOK prices $500 million notes offering

    Wed, Aug 19, 2015

    ONEOK Inc. has priced an offering to sell $500 million of 7.50% senior notes due 2023. The notes will be issued under ONEOK's existing shelf registration statement previously filed with the US Securities and Exchange Commission.

    KPMG adds Ewing energy practice team

    Wed, Aug 19, 2015

    KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC has added a team of professionals from Ewing Bemiss & Co., a middle-market boutique investment bank that provides transaction advisory services to companies in the energy, power, and utilities sectors.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ