BP acquires US shale assets from BHP

BP American Production Co. has agreed to acquire from BHP its entire interests of the issued share capital of Petrohawk Energy Corp., the BHP subsidiary that holds the Eagle Ford, Haynesville, and Permian onshore US oil and gas assets for $10.5 billion. Source: News


Eni gets license, extensions in Egypt

Eni plans to drill an exploration well this year on its Nour prospect in the East Nile Delta basin under a new license in Egypt. Source: News


APA board recommends $13-billion (Aus.) takeover offer from CKI venture

The board of Australian gas pipeline company APA Group has unanimously recommended its shareholders vote for a $12.98-billion (Aus.) takeover offer from Hong Kong firm CK Infrastructure Holdings and Power Assets Holdings at a meeting scheduled for late November. Source: News


Santos brings in fourth rig for Cooper basin gas development

Santos has brought in a fourth drilling rig to strengthen its gas development program in the Cooper basin. The rig is scheduled to drill eight wells by yearend, beginning with four deviated wells in Big Lake field in South Australia. This will be followed by four appraisal wells in Moomba South field. Source: News