AGL goes cold on gas fields

The Australian Financial Review I By: Paul Garvey I P15 (Copyright 2004 Fairfax Media Publications Pty. Limited All Rights Reserved) AGL Energy is unlikely to exercise options to acquire more than $1 billion in coal-seam gas and electricity assets.

AGL poised to act on BG deals

The Australian Financial Review I By: Paul Garvey I P13 (Copyright 2009 Fairfax Media Publications Pty. Limited All Rights Reserved) AGL Energy may exercise its options over more than $1 billion in coal-seam gas and electricity assets as early as this week after a key deadline lapsed at the weekend.

Street Talk: Fill mead cup, mull pre-Yuletide raising

The Australian Financial Review I By: Jemima White I P32 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Fill mead cup, mull pre-Yuletide raising Transfield Services is shaping up as the next in line to join to the list of Australian companies caught up by the precipitous fall in the Australian dollar and debt market upheaval.

BG close to control of Queensland Gas

The Sydney Morning Herald I By: Matt O’Sullivan I P34 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) AGL is expected to put its proceeds from the sale into other gas purchases. BRITAIN’S BG Group has cemented its $5.4 billion takeover of Queensland Gas after AGL Energy agreed to accept $1.1 billion for its stake in the coal-seam gas producer.

BG closes in on Queensland Gas

The Australian I By: Sarah-Jane Tasker I P20 (Copyright 2008 Nationwide News Pty Limited) Resources: BG Group is close to finalising its takeover of Queensland Gas Company, with almost 80 per cent of the coal seam gas producer secured as a result of AGL Energy selling its stake.

Engineering his future – postgrad – Higher Education Special Report

The Australian I By: Tim Johnston I P7 (Copyright 2008 Nationwide News Pty Limited) Brisbane mining engineer Daniel O’Brien’s career has boomed since he started postgraduate study, discovers Tim JohnstonDaniel O’Brien is serious about self-improvement.Since graduating as a mining engineer in 1999, he has gone on to do a graduate certificate in law, a graduate certificate in petroleum engineering and a diploma in visual communications.

Origin’s King to hit BG’s bid for six

The Australian Financial Review I By: Michael Vaughan I P20 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Origin Energy boss Grant King will (perhaps uncharacteristically) come out swinging today as he formally – and rightly – rejects BG Group’s unsolicited $15.50 a share cash takeover bid.

All eyes on Origin response to BG’s bidder’s statement after Takeovers Panel complaint

The Australian I By: Bryan Frith I P20 (Copyright 2008 Nationwide News Pty Limited) The target’s board has demonstrated remarkable sensitivity ORIGIN Energy achieved nothing substantive from its complaint to the Takeovers Panel about alleged deficiencies in BG Group’s bidder’s statement for its $13billion takeover bid. All the questions posed by BG Group remain in place and Origin will now be forced to address them in its target’s statement.

Street Talk: Frequent Flyer float has the brokers buzzing

The Australian Financial Review I By: Jemima Whyte I P20 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Qantas Frequent Flyer’s $2 billion initial public offering is the biggest game in town at the moment, which might explain the lead brokers’ haste to get investors in for some pre-float schmoozing before the board has even signed off on the deal.Macquarie hosted a lunch with QFF chief Simon Hickey and chief financial officer Tino La Spina in Melbourne yesterday.

Stokes’ plan for the West is back in the saddle with WAN share purchase

The Australian I By: Bryan Frith I P28 (Copyright 2008 Nationwide News Pty Limited) Thwarted once, the Seven boss is still determined to join the newspaper’s board THE message behind Seven Network’s latest purchase of shares in West Australian Newspapers (WAN) is that Kerry Stokes has not given up the pursuit of board representation.

Fuzzy logic in Origin battle

The Australian Financial Review I By: Brett Clegg I P64 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) As BG Group stomps its feet and tries to jawbone Origin Energy shareholders into an early, foolish, acceptance of a $13.7 billion takeover offer, it is hard to escape the conclusion that the suitor is starting to break into an unseemly sweat because of a series of tactical errors.

Origin inexplicably sanguine about a rights reversion on the coal-seam dream

The Australian I By: Matthew Stevens I P19 (Copyright 2008 Nationwide News Pty Limited) ORIGIN Energy’s Grant King keeps saying the question of any reversionary rights over his bright new coal-seam dream is a huge furphy, a diversion, a non-issue. But for the life of me, I still can’t understand why King is so sanguine about the idea that the folks who delivered him with a coal seam future are effectively sitting on what amounts to a call on 45 per cent of a collection of tenements, including the pivotal Fairview and Walloon projects.

Origin executives exercise their options

The Australian Financial Review I By: Paul Garvey I P14 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Origin Energy executives, including managing director Grant King, are sitting on a combined paper profit of more than $22 million after cashing in options triggered by the $13.8 billion takeover approach from Britain’s BG Group.

Woodside boss fired up over coal gas claims

The Australian Financial Review I By: Alan Jury I P64 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Woodside Petroleum chief executive Don Voelte can be excused for feeling a little left out as the world’s oil and gas elite jostle to woo the emerging energy producers of Queensland’s Bowen and Surat basins.

Gas prospects hot in Galilee Basin

The Sydney Morning Herald I By: Jaimee Freed (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) QUEENSLAND’S Galilee Basin is shaping as the next hot area for coal seam gas exploration after AGL Energy agreed to invest up to $37 million for half of one of the permits in the basin owned by Galilee Energy.

AGL puts $37m into Galilee

The Sydney Morning Herald I By: Jamie Freed I P40 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) QUEENSLAND’S Galilee Basin is shaping up as the next hot area for coal-seam gas exploration, with AGL Energy yesterday agreeing to invest up to $37 million to farm into half of one of the permits in the basin, owned by Galilee Energy.

Origin: BG comes in fists flailing

The Australian Financial Review I By: Alan Jury I P76 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Given the vigour with which BG Group is attacking Origin Energy, it would be easy to consider its chief executive, Frank Chapman, as a “Cranky Frankie”. The reality, though, as he tried to explain on a conference call with analysts and journalists yesterday, is that he’s really a bit more of a “Happy Chappy”.

Origin should tell all on reversionary rights so target holders can make informed decision

The Australian I By: Bryan Frith I P22 (Copyright 2008 Nationwide News Pty Limited) BG says it’s material and the ASX should require disclosure BG Group’s relentless pursuit of takeover target Origin Energy over the claimed inadequacy of its disclosure on reversionary rights on much of its coal seam gas exploration acreage in Queensland is only possible because of Origin’s apparent reluctance to tell all.

BG close to control of Queensland Gas

AGL is expected to put its proceeds from the sale into other gas purchases.

Origin urges British predator BG to try harder

The Weekend Australian I By: Matt Chambers I P33 (Copyright 2008 Nationwide News Pty Limited) The defence came more than a week after BG chief executive Frank Chapman took a rejected frindly bid hostile and attacked a reserve statement Origin said had played a bug part in the rejection.

BG seeks an Origin coup against King’s rule

BG Group’s hostile $13.8 billion bid for Origin Energy will hot up next week when the British energy giant lodges and tries to incense shareholders to fight against Origin boss Grant King’s decision to reject its offer in favour of finding a partner to deveop its coal seam methane assets.

Origin stoush ventures into virgin territory

The Australian Financial Review I By: Alan Jury I P64 (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved) Origin Energy chief executive Grant King is not generally considered a pugilistic sort of bloke but he shaped up quite nicely to his counterpart at would-be Origin owner BG Group, Frank Chapman, on Friday. As far as prize fights go, it’s a lot more riveting than watching a couple of past-their-prime antagonists like Jeff Fenech and Azumah Nelson trying to recapture past glory.

Watchdog wary of BG’s play for Origin

The Australian I By: Matt Chambers I P22 (Copyright 2008 Nationwide News Pty Limited) Takeovers: Competition regulators have raised concerns that BG Group’s $13.8 billion bid for Origin Energy, if successful, could concentrate most of Queensland’s coal seam methane reserves into the hands of two aligned players.

Texas oilman holds spoiler to Origin’s claims; Time bomb

The Australian Financial Review I By: Paul Garvey (Copyright 2008 Fairfax Media Publications Pty. Limited All Rights Reserved). An octogenarian oil veteran from Texas is emerging as the sleeper cell element in BG Group’s takeover of Origin Energy. Eighty-year-old Jim Butler and his son, Jim Butler jnr, are the duo behind Tri-Star Petroleum, the private company that owns the controversial and crucial reversionary rights that could torpedo Origin’s claims to a large chunk of its coal-seam gas reserves.