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Saturday, November 21, 2009 12:20 PM

Addax Petroleum Corporation

Addax Petroleum Corporation - Click to view 360-page
Addax Petroleum Corporation
Type: Company
Name: Addax Petroleum Corporation
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
The Sinopec Group, parent of Sinopec Corp., will see its overseas equity oil output top 10 million tons this year, the company reported on its website on Tuesday. The group said that it owns stake in 47 overseas projects in 18 countries, and anticipates ... [Rigzone - 11/17/2009]
First Reported 11/11/2009 - Updated 11/11/2009 - 3 Documents (in Corporate Deals)
* Canadian companies emerging strong from downturn* Nascent return of private equityTORONTO, Nov 11 (Reuters) - Canada pension funds and private equity are eyeing income trusts with steady earnings and resource companies as homes for cash held over during ... [Reuters - 11/11/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 2 Documents (in Internet & IT)
CNOOC - China National Offshore Oil Corp Ltd - Click to view image in its original context
CNOOC - China National Offshore Oil Corp Ltd
A major Chinese oil corporation says the latest string of overseas acquisitions by Chinese-based enterprises is motivated by financial reasons, and not by any pressure from the government, as is being suspected by some foreign media.The Shanghai Securities ... [CHINAdaily - 11/03/2009]
First Reported 10/22/2009 - Updated 10/22/2009 - 1 Documents (in Corporate Deals)
State-run Korea National Oil Corp., or KNOC, agreed to buy Canada-Harvest Energy Trust for $1.8 billion plus the assumption of debt, the largest acquisition of a foreign oil firm by a South Korean company. Under the agreement, KNOC will buy all the issued ... [WSJ.com: Deal Journal - 10/22/2009]
First Reported 10/23/2009 - Updated 10/23/2009 - 1 Documents (in Corporate Deals)
It doesn't have the monetary or population heft of China or India, but with a $1.8-billion deal to buy Canada's Harvest Energy Trust, South Korea has officially joined the rush of Asian economic powers scrambling to secure international resource asse ... [Globe Investor - 10/23/2009]
First Reported 10/30/2009 - Updated 10/30/2009 - 1 Documents
Nigerian National Petroleum Corporation - Click to view 360-page
Nigerian National Petroleum Corporation
Abuja Dr. Emmanuel Egbogah, Special Adviser to the President on Petroleum Matters has been appointed to chair Special Oil Industry Committee on Post Amnesty by the federal government.Rising after a meeting facilitated by Dr. Rilwanu Lukman at the NNPC ... [AllAfrica.com - 10/30/2009]
First Reported 10/06/2009 - Updated 10/06/2009 - 3 Documents (in Internet & IT)
China Petroleum & Chemical Corp - SINOPEC - Click to view 360-page
China Petroleum & Chemical Corp - SINOPEC
Sinopec International Petroleum Exploration and Production Corporation is pleased to announce that effective October 2, 2009, its indirect wholly-owned subsidiary, Mirror Lake Oil and Gas Company Limited ('Mirror Lake'), acquired all of the common shares ... [Rigzone - 10/06/2009]
First Reported 08/28/2009 - Updated 08/28/2009 - 4 Documents
Sinopec International Petroleum Exploration and Production Corporation ("Sinopec International") is pleased to announce that additional common shares of Addax Petroleum Corporation ("Addax Petroleum") have been tendered to the offer... ... [Iraq Updates - Oil & Gas - 08/28/2009]
First Reported 08/26/2009 - Updated 08/27/2009 - 3 Documents (in Corporate Deals)
Addax Petroleum Corporation reports receipt of Transocean’s Deepwater Pathfinder drillship and commencement of its exploration drilling campaign in the deepwater Tags: Addax Petroleum Corporation ... [Scandinavian Oil-Gas Magazine - Full Feed - 08/27/2009]
First Reported 08/18/2009 - Updated 08/18/2009 - 4 Documents (in Corporate Deals)
China Petrochemical Corporation (Sinopec Group) has completed the acquisition of Addax Petroleum Corporation.Sinopec had signed the acquisition agreement at an offer price of CAD52.8 per share ($47.67) on June 24. It was approved by the Chinese regulatory ... [Trade Arabia - 08/18/2009]
First Reported 10/01/2009 - Updated 10/01/2009 - 3 Documents
Iraq suggested it would ban China Petroleum & Chemical Corp. from its second oil-and-gas bidding round because the Chinese state company has yet to abandon a contract in Iraq's northern Kurdistan region inherited from its purchase of Addax Petroleum. ... [Iraq Updates - Kurdistan - 10/01/2009]
First Reported 10/02/2009 - Updated 10/02/2009 - 3 Documents
Iraq has banned China's Sinopec from the country's second bidding round because the state-run player has yet to ditch a contract in Iraq's northern Kurdistan region inherited when it took over Addax Petroleum, Iraq's Deputy Oil Minister Abdul Kareem. ... [Iraq Updates - Kurdistan - 10/02/2009]

Quotes

"There are a fair number of deals in the works" said Richard Steinberg, who heads mergers and acquisitions at Fasken Martineau, the Canadian law firm that helped put together China's biggest ever overseas...

More Content

All (278) | News (214) | Reports (0) | Blogs (58) | Audio/Video (1) | Fact Sheets (5)
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Sinopec's Overseas Equity Oil Output Tops 10MM ... [Rigzone - 11/17/2009]
Platts Top 250 Global Energy Company Rankings 2... [Platts - 11/16/2009]
REFILE-DEALTALK-Trusts, pension plans to figure... [Reuters - 11/11/2009]
Income trusts targeted in Canada M [Reuters - 11/11/2009]
DEALTALK-Income trusts, pension plans to figure... [Forbes.com - 11/11/2009]
DEALTALK-Income trusts, pension plans to figure... [Reuters - 11/11/2009]
ERHC Energy Commences Exploratory Drilling in J... [OilVoice - 11/09/2009]
ERHC Energy Inc. Technical Partner Spuds Second... [Stockwatch - 11/09/2009]
Brightoil Petroleum, CNPC gets MoC approval to ... [China Mining - 11/05/2009]
Hu's coming visit sparks talk of possible Sime ... [Business Times Malaysia - 11/04/2009]
China Turns to Latin America to Meet its Energy... [Khaleej Times - 11/04/2009]
DEALTALK-Markets buzz with talk of China-Sime D... [Interactive Investor International - 11/04/2009]
Nigeria: NNPC, Oil Firms Set Up Committee on Po... [AllAfrica.com - 11/03/2009]
Oil firms' overseas M&A not gov't behavior [CHINAdaily - 11/03/2009]
Experts: Oil firms' overseas acquisitions not g... [CHINAdaily - 11/03/2009]
Sinopec Set to Acquire Parent's Overseas Ass... [Rigzone - 11/02/2009]
Post Amnesty: NNPC, IOCs pledge partnership [Vanguard - 11/02/2009]
THE INTEGRATION CHALLENGE BEHIND CHINA'S GROWIN... [IMD - 10/31/2009]
Sinopec, Addax and a New Iraqi Quagmire [Caijing - 10/30/2009]
Nigeria: Egbogah Heads Oil Committee On Post Am... [AllAfrica.com - 10/30/2009]
NNPC, oil firms strategise for post-amnesty dev... [Nigeria Guardian - 10/30/2009]
ANALYSIS-Snubbed at top table, China chases oil... [Alibaba.com - 10/28/2009]
Talks not begun on Repsol arm buy, CNPC says [China Securities Journal Net - 10/24/2009]
China chases oil M&A crumbs [Reuters - 10/23/2009]
Heritage Oil Announces Updates in Relation to t... [PR-USA.net - 10/23/2009]
ANALYSIS-Snubbed at top table, China chases oil... [Forbes.com - 10/23/2009]
South Korea goes big in Alberta's oil sands [Globe Investor - 10/23/2009]
Catching up with China [Globe Investor - 10/23/2009]
CNPC: Talks not begun on Repsol arm buy [CHINAdaily - 10/23/2009]
South Korean firm snaps up Harvest Energy [Globe Investor - 10/23/2009]
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Blogs

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Platts Top 250 Global Energy Company Rankings [Asian Energy - 11/20/2009]
The past two years have been some of the most momentous in the history of the oil markets. A frantic commodities bubble redefined record oil prices and sent crude ...
China's oil and mineral deals in Africa [Asian Energy - 11/04/2009]
(For full coverage of the Africa-China summit, click [ID:nAFRICACN])Nov 4 (Reuters) - China has become a major investor in African energy and mineral resources, ...
China's push for oil in Gulf of Mexico puts U.S... [Asian Energy - 10/23/2009]
Four years after denying a Chinese bid to buy Unocal, the U.S. may be in too weak an economic position to object. Rebuffing China could also push it into the arms ...
Deal Profile: Korea’s KNOC to Buy Harvest Energy [WSJ.com: Deal Journal - 10/22/2009]
State-run Korea National Oil Corp., or KNOC, agreed to buy Canada-Harvest Energy Trust for $1.8 billion plus the assumption of debt, the largest acquisition of a ...
China not choosy in its dealings for oil [Asian Energy - 10/21/2009]
China is jabbing its elbows into the Texas oil patch.Dallas-based Kosmos Energy LLC reportedly reached agreement last week to sell its interest in a giant offshore ...
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Audio/Video

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China's Sinopec makes $7.2 bln buy [Reuters Video: Business - 06/25/2009]
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