Monday, 29 June, 2015 - 12:29
New Standard up on assets sale
Oil and gas explorer New Standard Energy has freed itself of debt after selling its Cooper Basin and US assets to Sundance Energy in a deal valued at $24 million.
Arthur Dixon has considerable experience working with joint venture partners, conducts executive training courses on LNG, and is chair of the Australian Centre for Natural Gas Management which is a joint venture between the University of Western Australia and Curtin University of Technology.
Oil and gas explorer New Standard Energy has freed itself of debt after selling its Cooper Basin and US assets to Sundance Energy in a deal valued at $24 million.
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Chair
|
2011 - 2016 | ||
Senior Advisor, Gorgon LNG Project
|
2003 - 2004 | 1 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2014-12-20 | Other | 750,000 | $0.00 | Other | ||
2013-05-13 | Bought | 121,212 | $0.17 | $20,391 | On-market trade | |
2012-12-10 | Bought | 14,000 | $0.30 | $4,130 | On-market trade | |
2011-12-09 | Bought | 50,000 | $0.30 | $15,000 | Share purchase plan |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Sundance Energy | New Standard Energy | Asset Acquisition | $24.00m | >> | |
New Standard Energy | Magnum Hunter Resources Corporation | Asset acquisition | $42.50m | >> | |
New Standard Energy | Magnum Hunter Resources Corporation | Asset acquisition | $30.70m | >> | |
New Standard Energy | Black Rock Mining | Asset acquisition | $1.65m | >> | |
ConocoPhillips | New Standard Energy | Farmout | $105.44m | >> |