Andrew Wadsley

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Andrew Wadsley
Andrew Wadsley

Andrew Wadsley specialises in reservoir engineering and oil & gas field development planning, and has been writing and commercialising simulation software for the oil & gas industry for over 35 years.

  • News Articles

    Tuesday, 10 March, 2015 - 13:45

    Stochastic in $5m software buy

    Oil and gas modelling software provider Stochastic Simulation has entered into a $5 million deal to acquire modelling technology from Predrill Stresses International.

    Thursday, 13 April, 2017 - 14:04

    Stochastic to be sold by receivers

    Oil and gas software developer Stochastic Simulation is expected to be put up for sale, two weeks after it was put into receivership. 

    Friday, 22 September, 2017 - 11:41

    Stochastic into liquidation

    Oil and gas software developer Stochastic Simulation has gone into liquidation, about five months after it went into receivership, with secured creditors likely to receive about 4 cents in the dollar in a best-case scenario.

     
    Stochastic to be sold by receivers
    Thursday, 13 April, 2017 - 14:04
    TimelineJS

    Stochastic in $5m software buy

    Stochastic to be sold by receivers

    Stochastic into liquidation

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