AED Oil

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AED Oil Limited
legal form Limited
founding 2005
resolution 2011
Seat Melbourne , AustraliaAustraliaAustralia 
Branch Petroleum, natural gas
Website www.aedoil.com

The AED Oil Limited (AED) was a medium-sized company in Australia , the shops in the deposit exploration and exploitation of oil and natural gas in Asia Pacific operation. The company, which was founded for the purpose of the acquisition, development and commercialization of oil and gas fields and their exploration, had its headquarters in Melbourne , Australia and offices in Dar es Salaam , Brunei and Jakarta , Indonesia .

The company declared itself insolvent in 2011 .

Company history

The AED Oil had since 1 May 2005, the Australian Securities Exchange listed (ASX). Since its inception, AED has produced more than 2 million barrels of oil in the Puffin oil field, located offshore approximately 700 km west of the Australian city of Darwin in the Timor Sea . This oil field was only discovered in 2003.

AED Oil held interests in other oil and gas fields such as Brunei Block L (Brunei), Rombebai (Indonesia) and South Madura ( Madura ). The company intended to enter into further partnerships with the world's leading companies in the oil and gas sector. Partnerships existed with the companies Sinopec (China), PetroleumBRUNEI and QAF Brunei (Brunei), Kulczyk Oil Ventures (Poland) and Cooper Energy (Australia).

According to information, AED Oil held 40% of the shares in Brunei Block L since the beginning of 2010 and wanted to expand this stake further, 100% in the Rombebai oil field and 60% in South Madura. AED chairman David Dix said in November 2009 that there are plans to buy more shares.

Individual evidence

  1. ^ Ian McIlwraith: AED Oil takes hit and calls in administrators . on smh.com.au. Retrieved October 14, 2016
  2. ↑ Yan Pe: Sino-Australian oil venture to pay millions in compensation on china.org.cn. Retrieved October 14, 2016
  3. ^ ASX information about AED Oil Limited
  4. ^ Report ( Memento from March 17th, 2008 in the Internet Archive ) in The Australian about the oil production on the northwest coast of Australia and about the Puffin oil field
  5. ^ AED Oil Limited ( Memento of January 14, 2014 in the Internet Archive )
  6. ^ Overview map of the activities of AED Oil in the Pacific region . Retrieved September 17, 2010
  7. ↑ website of kulczykoil.ca ( Memento of 30 March 2010 at the Internet Archive ). Retrieved September 17, 2010
  8. ↑ Information on energy-pedia.com