Apache exits Australia in $US2.1b deal, page-6

  1. 121 Posts.
    I know Stevo - Macquarie and Brookfield Asset Management will gain control of
    assets Apache owns which will be the lease Karoon sold 50% to them. This is how Karoon new of the potential sale of Apache Australia oil and gas assets.

    "US-based Apache said a consortium of private equity funds managed by Macquarie and Brookfield Asset Management agreed to buy Apache Energy Ltd, which owns West Australian domestic gas assets."

    This is their business of getting control of assets and resell for profits. This is not a long term partnership with Karoon IMHO

    "Morningstar analyst David Ellis said Macquarie had been expanding into North American gas markets and would most likely hold the assets for a short time before selling them to another party"
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.90
Change
0.010(0.53%)
Mkt cap ! $1.396B
Open High Low Value Volume
$1.89 $1.92 $1.85 $9.956M 5.259M

Buyers (Bids)

No. Vol. Price($)
1 49755 $1.89
 

Sellers (Offers)

Price($) Vol. No.
$1.91 8000 1
View Market Depth
Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.