Oil & Energy - Adelaide, South Australia, Australia
ASX:AOMAO Energy is an ASX listed company which has previously been a minerals exploration company – which is now being re-born as an oil and gas E&P company, AO Energy (ASX:AOM). The Board of AO Energy has recently changed and the company is well advanced in procuring foundation oil and gas, and is currently evaluating Asia-Pacific assets.AO Energy's simple strategy is to bring both Australian capital and oil and gas expertise to the Asian (including Alaska) region – the world's largest, fastest growing and highest priced energy market. AO Energy considers that oil markets have a bullish future – securing oil assets brings strong leverage to this. Gas markets are more challenging in many regions – gas assets will therefore have strong links to high margin markets. AO Energy's board has heavyweight oil and gas, and international expertise. They have a mixture of successful experience across Majors, Independents and Juniors, and a track record of success with capital markets.