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- China Targets Addax, Kosmos in Overseas Asset Grab
- China is fueling much of the consolidation within the oil and gas industry, with as much as $12 billion worth of deal currently in the pipeline. The latest company to catch China's asset-focused eye is Addax Petroleum, a Geneva-based oil and gas explorer, the South China Morning Post reported Monday....
- Blog posts 2009-06-08
Additional Resources
- Sinopec's Bid for Addax Highlights China's Shift to Smaller M&A Deals
- Sinopec's reported bid of $7.84 billion for Addax Petroleum is more than just another example of China's well-documented desire to acquire global energy resources. It also highlights a shift from attempted large-scale acquisitions -- such as Chinalco's failed grab for an 18 percent stake in Rio Tinto -- to smaller M&A deals. ...
- Blog posts 2009-06-15
- Addax Petroleum Announces the Application for the Listing of Convertible Notes on the Professional Securities Market of the London Stock Exchange.
- CALGARY, Canada, May 25 /PRNewswire/ -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX/LSE: AXC) today announces that it has applied for its private placement of US$300 million 3.75 per cent Convert CALGARY, Canada, May 25 /PRNewswire/ -- ...
- Research articles 2007-05-25
- Addax Petroleum Presents at Upcoming UBS European Mid-Cap Oil Conference.(Conference news)
- CALGARY, Canada, March 20 /PRNewswire/ -- Addax Petroleum Corporation (TSX: AXC)(LSE: AXC) ("Addax Petroleum" or the "Corporation") announces that Mr. Jean Claude Gandur, President and Chief Executive Officer, will be presen CALGARY, Canada, March 20 /PRNewswire/ -- ...
- Research articles 2008-03-20
- Addax Petroleum Secures Deep Water Drillship.
- CALGARY, Canada, March 6 /PRNewswire/ -- - Exploration Drilling Campaign in the Gulf of Guinea Deep Water to Start in mid-2008 - Not for release, publication or distribution in or into the United States, Australia or Japan Addax Petroleum...
- Research articles 2007-03-06
- Addax will be hard to ignore.
- Africa-focused, Switzerland-based but Canada-listed oil company Addax Petroleum is planning a dual listing of its 55 per cent free float in London by the end of May. And with current production comfortably over 100,000 barrels of oil-equivalent per day boepd, it will immediately leapfrog Tullow...
- Research articles 2007-04-27
- Oil: Mittal and Addax join the fray; With an increasing number of Indian and Chinese firms challenging the Western majors for exploration rights, the face of Nigeria's downstream investment has changed forever. Neil Ford reports on the latest developments
- Even as the Nigerian government prepared its latest exploration-related licensing round, massive new investment in recently licensed acreage was being agreed. International oil firm Addax Petroleum and Indian firm ONGC Mittal Energy have both secured new licences, helping to sustain growth in a sector that is already rapidly growing. ...
- Research articles 2007-01-01
- Market Regulation Services Halt Notice: Pan-Ocean Energy Corporation Limited, Addax Petroleum Corporation.
- TORONTO, ONTARIO, Jul 20, 2006 CCNMatthews via COMTEX -- The following issues have been halted today: Company Pan-Ocean Energy Addax Petroleum ...
- Research articles 2006-07-20
- *Revised* Analyst Reports for Greystar Resources Ltd., Addax Petroleum Corporation, Pan American Silver Corp., and TMX Group Inc.
- MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Greystar...
- Research articles 2008-07-21
- ERHC Energy Inc. Announces Production Sharing Contracts in JDZ Blocks 2, 3 and 4
- HOUSTON -- Walter Brandhuber, President and CEO, of ERHC Energy Inc. (OTCBB:ERHE) announced today that on March 14, 2006, a subsidiary of the Company entered into a production sharing contract with Addax Petroleum (Nigeria Offshore 2) Limited ("Addax"), several oil and gas companies, and the Nigeria-Sao Tome and Principe Joint...
- Research articles 2006-03-17
- ERHC Energy Inc. Announces JDA Approvals in JDZ Blocks 3 and 4
- HOUSTON -- Walter Brandhuber, President and CEO, of ERHC Energy Inc. (OTCBB:ERHE) has announced the formal approval of Addax Petroleum as the operator and interest holder in Block 4 of the JDZ. The entry of Addax Petroleum was the result of a decision by Noble Energy not to continue their...
- Research articles 2006-02-15
- Swiss, Chinese companies join forces to drill for oil off Sao Tome
- SAO TOME AFP — Chinese oil company Sinopec and Switzerland's Addax said Sunday they would join forces in the search for oil in the waters off Nigeria and the island nation of Sao Tome and Principe. "We have decided to carry out the drilling together to reduce costs, come...
- Research articles 2007-03-11
- Nine Nigerian navy members killed in fresh attack
- LAGOS AFP — Nine Nigerian navy members were killed and four civilians injured Tuesday in a second attack in as many days on a security vessel in the volatile oil-rich south, a military spokesman said. "Another supply vessel working for Addax Petroleum, the Seacor Macor, was attacked early this...
- Research articles 2008-06-10
- Canadian Natural Resources Consolidates Cte d'Ivoire Interests.
- CALGARY, ALBERTA, MAY 1, 2001 Canadian Natural Resources Limited ("Canadian Natural") announces that it has completed the acquisition of additional equity interests in Cte d'Ivoire Block CI-26, effective January 1, 2001. The assets, which were acquired from Addax Petroleum Cte d'Ivoire Limited, the...
- Research articles 2001-05-01
- Canadian Natural Resources Consolidates Cote d'Ivoire Interests
- Business Editors CALGARY, Alberta--BUSINESS WIRE--May 1, 2001 Canadian Natural Resources Limited ("Canadian Natural") (NYSE:CED)(TSE:CNQ.) announces that it has completed the acquisition of additional equity interests in Cote d'Ivoire Block CI-26, effective January 1, 2001. The assets, which were acquired from Addax Petroleum Cote d'Ivoire Limited, the wholly...
- Research articles 2001-05-01
- Tullow Oil Signs New License in Cameroon
- Business Editors LONDON--BUSINESS WIRE--Dec. 4, 2002 Tullow Oil plc ("Tullow") (LSE:TLW), the independent oil and gas exploration, development and production company, announced that its wholly owned subsidiary, Tullow Cameroon Limited and partner Addax Petroleum Cameroon Ltd, have signed a concession contract with the Cameroon Government for the Ngosso...
- Research articles 2002-12-04
- Iraq Oil Auction: China's Public Display of Aggression, BP-led Bid Scores Deal
- Iraq's oil auction -- viewed as an opportunity for foreign firms to access the country's rich resources for the first time in nearly 40 years -- didn't quite meet the lofty expectations swirling around it in recent weeks. The auction, which offered up six oil and two...
- Blog posts 2009-07-01
- China's CNPC Eyes Repsol YPF's Argentine Arm
- In yet another sign of China's interest in locking up oil and gas resources for its energy-hungry economy, China National Petroleum Company is reportedly reviving its $17 billion bid for the Argentine arm of Repsol YPF. CNPC may offer to buy up to 75 percent of YPF...
- Blog posts 2009-07-02
- Interest in Repsol's YPF Unit Grows Among State-owned Oil Firms [Updated]
- A number of state-owned energy companies are reportedly circling Repsol YPF's Argentine arm -- and not all of them are Chinese. Update: China National Petroleum Company has bid between $13.2 billion and $14.5 billion for a 75 percent stake in YPF, the South China Morning Post reported...
- Blog posts 2009-07-06
- Nigeria's Oando eyes 'dormant' fields
- One of Nigeria???s biggest energy groups has embarked on an ambitious plan to become an ???African major??? by raising $1.3bn to expand production and snapping up dormant fields Lagos is set to confiscate from western oil groups. Oando, which makes most of its revenue as Nigeria???s leading retailer of refined...
- News items 2009-08-10
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