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Faroe Petroleum PLC

Company Summary

Financial Data:


Tickers:

  • FPM - London Stock Exchange Group

Recent news

  • 4/30/2019 - DNO Reports Completion... (subscriber access)
  • 11/26/2018 - DNO Plans Cash Offer for... (subscriber access)
  • 2/12/2018 - Suncor Acquiring 17.5%... (subscriber access)

Company Transactions

Date: 1/1/2019
Type: Acquisition

BUYERS:
  • DNO ASA
  • Faroe Petroleum PLC
    • SELLERS:
  • Equinor ASA
    • DETAILS:
    NOTES:
    DNO ASA reported the completion of the asset swap agreement between Equinor and Faroe Petroleum, DNO ASA's subsidiary, in which Faroe Petroleum's interests in the non-producing Njord and Hyme red redevelopment and Bauge development assets were exchanged for interests in four Equinor-held producing assets on a cashless basis.
    REGIONS:
  • North Sea

    • Date: 4/30/2018
    Type: Acquisition

    BUYERS:
  • Suncor Energy Inc.
    • SELLERS:
  • Faroe Petroleum PLC
    • PROJECTS:
  • Fenja Development
    • DETAILS:

    COST: 54.5 $MM

    NOTES:
    Suncor reported that it has entered into a deal with Faroe Petroleum to acquire a 17.5% participating interest in the Fenja Development
    REGIONS:
  • Norwegian Sea