The new owners of Quadrant Energy have spoken to Business News about how the $2.7 billion acquisition came together and their plans for the oil and gas producer.
Wesfarmers has acquired a 13.7 per cent shareholding in Quadrant Energy, less than three weeks after the oil and gas producer was established as an independent company.
Macquarie Capital's Kate Vidgen has been named as the inaugural chair of newly formed oil and gas company Quadrant Energy, which will have six directors representing its three owners – Macquarie, Brookfield Asset Management and Angela Bennett's AMB Holdings.