March 24, 2017 12:44 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Quadrant Energy Australia Limited

Company Overview

Quadrant Energy Australia Limited acquires, explores, develops field, and produces crude oil, condensates, and natural gas. The company holds licenses in Carnarvon, Browse, and Gippsland Basins in offshore Australia. It also operates sales gas pipelines for transporting to gas trunk lines, as well as operates an oil export system. Quadrant Energy Australia Limited was formerly known as Apache Energy Limited and changed its name to Quadrant Energy Australia Limited in June 2015. The company was incorporated in 1988 and is headquartered in Perth, Australia. Quadrant Energy Australia Limited is a former subsidiary of Apache Corp.

Level 9

100 St Georges Terrace

Perth, WA 6000

Australia

Founded in 1988

384 Employees

Phone:

61 8 6218 7100

Fax:

61 8 6218 7200

Key Executives for Quadrant Energy Australia Limited

Chief Executive Officer, Managing Director and Director
Age: 49
Acting Chief Financial Officer
Director of Operations
Company Secretary
General Counsel
Compensation as of Fiscal Year 2016.

Quadrant Energy Australia Limited Key Developments

Quadrant Energy Mulls IPO

Quadrant Energy Australia Limited seeks initial public offering. The company intends to get listed on the Australian Securities Exchange, according to Australian Financial Review. Any listing is expected to be about two years away, and is reliant on a firmer recovery in crude prices. Depending on oil prices, the player, which produces about 20 million barrels of oil equivalent a year, could have an equity value in the $1 billion-plus range.

Quadrant Energy Seeks Acquisitions

Quadrant Energy Australia Limited is seeking acquisitions. Kate Vidgen, Executive Director of Quadrant Energy is on the hunt for growth, both exploration and acquisition.

January 29 EoI Deadline For Origin Gas Assets; Active Bidding Likely

Potential bidders have been asked to submit for expressions of interest for $300 million gas interests of Origin Energy Limited (ASX:ORG) in Western Australia by January 9, 2016. In a confidential flyer distributed to interested parties, Origin's adviser, UBS, stated that the package of assets up for sale in the Perth Basin offers a "rare opportunity to participate in one of the most prospective discoveries in Australia". The Perth Basin package includes a 67% stake in the producing Beharra Springs gas field and Dongara processing plants, in addition to the stakes in undeveloped fields including Waitsia and Senecio. Quadrant Energy Australia Limited is known to have expressed interest in the assets. Woodside Petroleum Ltd. (ASX:WPL) is also understood to be interested. Separate flyers have been distributed for two sets of Cooper Basin assets that Origin has also put on the block. One set involves Origin's stakes in the Santos-operated Cooper Basin ventures in South Australia and Queensland, of 13.19% and 16.74%, respectively, as well as minority stakes in seven more joint ventures all also operated by Santos. The second set of Cooper Basin interests involves Origin's interests in an unconventional exploration venture with Senex Energy which it signed in February 2014. Expressions of interest for all three sets of assets have been requested by January 29, 2016. UBS says in the flyers that offers for both sets of Cooper Basin assets "will be viewed favourably". Those parties approved to offer indicative bids are to be provided with an information memorandum, financial modelling and other materials. Short-listed parties would later get access to an electronic data room, as well as have the opportunity to make site visits and attend management presentations.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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