M&A Deal Summary

APA Acquires Berwyndale to Wallumbilla Pipeline

On April 22, 2010, APA acquired oil/gas exploration company Berwyndale to Wallumbilla Pipeline from AGL for 83M USD

Acquisition Highlights
  • This is APA’s 6th transaction in the Oil/Gas Exploration sector.
  • This is APA’s 5th largest (disclosed) transaction.
  • This is APA’s 9th transaction in Australia.

M&A Deal Summary
Date 2010-04-22
Target Berwyndale to Wallumbilla Pipeline
Sector Oil/Gas Exploration
Buyer(s) APA
Sellers(s) AGL
Deal Type Divestiture
Deal Value 83M USD

Target

Berwyndale to Wallumbilla Pipeline

Australia
Berwyndale to Wallumbilla Pipeline comprises gas pipelines which is a 112 Km, 16 inch pipeline extending from Berwyndale coal-steam gas fields in the Surat Basin in central Queensland to the Wallumbilla hub.

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Buyer(S) 1

Buyer

APA

Sydney, Australia
Category Company
Founded 2007
Sector Utilities
Employees1,900
Revenue 2.8B AUD (2023)
DESCRIPTION

APA ownership, operation, and management of gas pipelines, gas processing plants, a gas-fired power station, gas storage facilities, power transmission lines, etc. APA owns and/or operates over 14,000 kilometres of natural gas pipelines, gas storage facilities and a wind farm. APA was founded in 2000 and is based in Sydney, Australia.

DEAL STATS #
Overall 9 of 14
Sector (Oil/Gas Exploration) 6 of 9
Type (Divestiture) 2 of 2
Country (Australia) 9 of 14
Year (2010) 1 of 3
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-11 Country Pipelines Pty.

Sydney, Australia

Country Pipelines Pty Ltd constructs pipelines for the transmission of natural gas.

Buy $24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-18 Allgas Energy Pty.

Sydney, Australia

Allgas Energy Pty. Ltd.provides oil and natural gas storage and distribution services.

Buy -

Seller(S) 1

SELLER

AGL

Sydney, Australia
Category Company
Founded 1837
Sector Utilities
Employees3,988
Revenue 13.1B AUD (2024)
DESCRIPTION

AGL is an operator and developer of renewable energy generation in the country. AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL was founded in 1837 and is based in Sydney, Australia.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Macquarie Generation

Lambton, Australia

Macquarie Generation is a producer of electricity in New South Wales. It generates power through biomass co-firing, solar, hydro, and turbine projects.

Buy -
Mergr

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