Quantcast
Last updated on April 24, 2014 at 1:21 EDT

Latest Addax Petroleum Corporation Stories

2009-10-05 19:31:00

CALGARY, Oct. 5 /PRNewswire/ - 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 of Addax Petroleum Corporation ("Addax Petroleum") not taken up and paid for under the offer for all of the issued and outstanding common shares of Addax Petroleum dated July 9, 2009, as extended, made by Mirror...

2009-08-27 23:30:00

CALGARY, Aug. 27 /PRNewswire/ - 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 (the "Offer") dated July 9, 2009, as extended, made by Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of Sinopec International. Mirror Lake has taken up all such additional Addax...

2009-08-26 04:58:00

Drilling first deepwater well at Kina Prospect in JDZ Block 4 licence area CALGARY, Aug. 26 /PRNewswire-FirstCall/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX:AXC and LSE:AXC) today announced receipt of Transocean's Deepwater Pathfinder drillship and commencement of its exploration drilling campaign in the deepwater Gulf of Guinea with the spudding of the "Kina" prospect in Block 4 of the Nigeria Sao Tome and Principe Joint Development Zone ("JDZ")....

2009-08-18 07:23:00

BEIJING, Aug. 18 /PRNewswire-Asia/ -- China Petrochemical Corporation ("Sinopec Group") is pleased to announce that the acquisition of Addax Petroleum Corporation ("Addax") was successfully completed after nearly six months of due diligence and negotiation. Sinopec Group signed the acquisition agreement at an offer price of CAD 52.8 per share on the 24th of June 2009. It was approved by the Chinese regulatory authorities on the 6th of August. All pre-requisite conditions have been...

2009-08-18 00:35:00

CALGARY, Aug. 17 /PRNewswire/ - Sinopec International Petroleum Exploration and Production Corporation ("Sinopec International") is pleased to announce that it has paid for the common shares of Addax Petroleum Corporation ("Addax Petroleum") that were validly deposited to and not withdrawn from the offer (the "Offer") dated July 9, 2009 made by Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of Sinopec International. As previously announced by...

2009-08-14 21:27:00

BEIJING, Aug. 14 /PRNewswire/ - Sinopec International Petroleum Exploration and Production Corporation ("Sinopec International") is pleased to announce that 153,734,120 common shares of Addax Petroleum Corporation ("Addax Petroleum"), which represent approximately 92.67% of the Addax Petroleum common shares on a diluted basis, have been tendered to the offer (the "Offer") dated July 9, 2009 made by Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of...

2009-08-10 12:25:00

CALGARY, Aug. 10 /PRNewswire-FirstCall/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) today announced that it has received confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that it has obtained all approvals required from the relevant Government Entities of The People's Republic of China ("PRC Approvals") in order for SIPC and Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect...

2009-07-27 06:10:00

- Record quarterly production of 143.2 Mbbl/d - Funds Flow From Operations of $306 million - Net Income of $38 million CALGARY, July 27 /PRNewswire-FirstCall/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced its results for the quarter ended June 30, 2009. The financial results are prepared in accordance with Canadian GAAP and the reporting currency is US dollars. A conference call will be held for analysts and...

2009-07-22 04:24:00

CALGARY, July 22 /PRNewswire-FirstCall/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced that it has received a letter (the "KRG Letter") from the Minister of Natural Resources of the Kurdistan Regional Government (the "KRG") and has confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that receipt of this letter satisfies the condition to the offer for Addax Petroleum dated July 9,...

2009-07-09 15:13:00

Calgary, July 9 /PRNewswire-FirstCall/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced that Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of Sinopec International Petroleum Exploration and Production Corporation ("SIPC"), has today commenced its offer for Addax Petroleum (the "Offer") and mailed the Offer and take-over bid circular (the "Offer Documentation") as well as the Addax...