AWE is an Australian oil and gas exploration and production company listed on the Australian Stock Exchange (ASX).

The company was formed to appraise oil and gas discoveries in its initial asset portfolio and to build a significant international petroleum exploration and development entity through further international asset acquisitions.

AWE's focus is on exploration and appraisal-type assets, in regions of proven prospectivity and where there is a high chance of commercial success. This focus includes currently marginal fields, whose worth may be improved by innovative appraisal and development approaches.

Following the merger with ARC Energy in August 2008, AWE gained additional equity in the BassGas and Cliff Head projects and further production interests in the onshore Perth Basin. AWE also added equity interests in some prospective exploration permits and shareholdings in the listed oil and gas explorers, Buru Energy Limited (AWE 13%) and Adelphi Energy Limited (AWE 34%).

AWE currently has five main producing assets:
Tui oil fields - offshore Taranaki basin, New Zealand (AWE 42.5% operator)
BassGas project - offshore Bass Strait, Tasmania (AWE 57.5%)
Cliff Head oil field - offshore Perth basin, Western Australia (AWE 57.5%)
Casino gas field - offshore Otway basin, Victoria (AWE 25%)
Onshore Perth Basin interests, Western Australia (AWE 33-100%)
Onshore US shale gas, Texas (AWE10%)

In addition to its oil and gas producing assets AWE has a number of exploration opportunities both in Australia and overseas.
AWE Limited (ASX:AWE)
Company Directors
Mr Andy Hogendijk (Non Exec. Director, Independent Director)
Mr Bruce Phillips (Non Exec. Director)
Mr Bruce Wood (Managing Director, Director)
Mr Bruce Galloway McKay (Non Exec. Chairman)
Mr David Ian McEvoy (Non Exec. Director, Independent Director)
Mr Ken Williams (Non Exec. Director, Independent Director)
Mr Nick Jukes (Non Exec. Director, Independent Director)
Contact Information
Phone: (02) 8912 8000
Email:
Website:

Address
Level 16, 40 Mount Street, NORTH SYDNEY, NSW, AUSTRALIA, 2060
Media Releases
Latest Company News
  • Midday: Aus shares lift 0.7%
    01 May 2012 - Aus shares lift 0.7%. Funtastic Limited(ASX:FUN) says improved margins and cost cutting will see it return to profitability in fiscal 2012.
  • Market Wrap: ASX flat after weak CPI
    24 Apr 2012 - ASX flat after weak CPI. Shares in Newcrest Mining Limited (ASX:NCM) fall after the gold and copper miner cuts its full year production guidance.
  • Origin BassGas costs increase
    23 Apr 2012 - Origin Energy Limited (ASX:ORG) says the cost to upgrade its BassGass project has risen to $460 million from $360 million.
  • Market Wrap: Aus shares close 1.1% lower
    11 Apr 2012 - Aus shares close 1.1% lower. A coal mine run by BHP Billiton Limited (ASX:BHP, NYSE:BHP) and Mitsubishi in Queensland is set to cease production indefinitely.
  • Market Wrap: ASX ends in negative territory
    05 Mar 2012 - ASX ends in negative territory. Shares in Gloucester Coal Limited (ASX:GCL) rise amid reports its independent directors are coming close to approving Yanzhou Coal's plans to merge the tw...read more
  • Outlook: ASX gears up for positive start
    29 Feb 2012 - ASX gears up for positive start. Oil and gas explorer AWE Limited (ASX:AWE) rebounds to a half year net profit of almost $30 million on the back of higher prices for its products.