SYDNEY--Australia's Wesfarmers Ltd. (WES.AU) said Wednesday it bought a 13.7% interest in oil and gas producer Quadrant Energy from Macquarie Group Ltd. (MQG.AU) for US$100 million.
Quadrant Energy holds assets in Western Australia state that Apache Corp. (APA) sold earlier this month to an equal joint venture between Macquarie and Brookfield Asset Management Inc. (BAM).
The Wesfarmers deal will reduce Macquarie's interest in Quadrant Energy to 36.3% from 50%
no mention of any assoc gas sales agreements ..........
rgds
V_H
MACQ - sell down quadrant energy
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |