• China International Trust & Investment Corp. plans to acquire the Kazakh oil assets of privately owned Nations Energy Co. Ltd., Calgary, for US$1.9 billion, according to Bloomberg news service. The assets produce 50,000 bbl. of oil per day and involve more than 340 million BOE of reserves.
• Dana Gas, Sharja, UAE, (Abu Dhabi: DANA) plans to acquire Centurion Energy International Inc., Calgary, (Toronto: CUX) for C$12 per share plus C$99 million in assumed debt for a total deal value of C$1.25 billion. Centurion has assets in Egypt, Tunisia and offshore Sao Tome and Nigeria. Its production is approximately 32,000 BOE per day.
Dana Gas executive chairman Hamid Dhiya Jafar says, "The complementary operations, strategy and approach to business make Centurion particularly valuable to Dana Gas."
• Equator Exploration Ltd., London, (London: EEL) has received an undisclosed offer to buy the company. Equator holds 100% working interest in two blocks offshore São Tomé and Príncipe and Nigeria.
• EnCore Oil Plc, London, (London: EO) has acquired the majority of the U.K. North Sea portfolio of Virgo Oil and Gas Plc, consisting of Grove Energy Ltd., Vancouver, (Toronto Venture, London: GRV), privately held U.K.-based Virgo Energy Ltd. and Nido Petroleum Ltd., Perth, Australia, (Australia: NDO) for 28 millions shares valued at approximately US$749 million.
The assets include interests in 24 exploration blocks on 3,344 gross square kilometers (1,482 net) comprising four in the Northern North Sea, five in the Central North Sea and 15 in the Southern North Sea.
• Apache Corp., Houston, (NYSE: APA) has acquired addition
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