Echelon grows its asset portfolio by acquiring non-operated interests in high quality production assets with development potential, in markets that we like.
These assets are in regions where we can leverage the capabilities of the wider group and operate within our means. Since 2020, our growth strategy has been based on three cornerstone strategic principles
Ownership of oil and gas assets in geographies where the Company has a clear advantage, primarily Australia and New Zealand.
Active pursuit of investment in high quality assets that leverage the capabilities of the wider group.
Acquisition of assets of a size and scale that the Company’s balance sheet can support without significant funding requirements.
The name Echelon is inspired by the sector we operate in and how we see our role in the energy transition.
Echelon as a geological term that describes the repeated nature of geological features like mountain ranges, fault lines, beds of rocks, rivers and lines of data. Echelon represents the rungs on the ladder we are climbing as energy users transition our societies toward a low carbon future. It captures the essence of our work in helping Australasian energy users navigate the gradual shift to intermittent renewables. Energy systems are steadily moving up the echelons of a ladder. Energy users have already reduced their reliance of fuels like wood, peat, charcoal and coal. As the echelons of this ladder are scaled, oil and gas will remain in demand until science and technology unlock and scale up better, cheaper and more reliable energy sources.
Our role in this is supporting the transition with our gas. Finally, Echelon reflects our commitment to high standards and the value we place on innovation and our pursuit of top-tier solutions in energy markets.