ExxonMobil Corporation and BHP Billiton Limited are planning to sell Gippsland Basin Joint Venture’s (GBJV) oil and gas assets in Bass Strait, Australia.
The assets include 13 fields, licenses and associated infrastructure, which have a production capacity of 19,000boed.
Europa Oil & Gas (Holdings) plc plans to farm-out interests in frontier exploration licences (FEL) 2/13, FEL 3/13 and LO 16/2 off the coast of Ireland.
The LO 16/2 contains three new pre-rift prospects in the Flemish Pass basin.
Plexus Holdings PLC plans to raise $8.55m through a conditional placement of 9,230,770 new ordinary shares. Each share will be issued at a price of $0.93 to new and existing investors.
The amount raised from the placement will support Plexus’s operations in Asia, Russia and North/South America regions, and Python Subsea Wellhead development programme.