EnergyQuest is an advisory firm specializing in energy analysis and strategy for the oil, gas and power industries. Its work includes traditional energy sources, emerging energy sources such as coal seam gas, shale and renewable energy such as biofuels. It provides market monitoring through its Energy Quarterly reports, strategic analysis and business development. It works with major energy companies, governments and investors.

Graeme Bethune B Ec (Hons), PhD, FCPA. FAICD

Chief Executive Officer

Graeme Bethune is CEO of EnergyQuest, which provides advisory services to energy companies, investors and governments.

In a short period EnergyQuest has established itself as a leader in Australian energy analysis and strategy. Graeme Bethune is regularly asked to speak at energy conferences in Australia and Asia and is regularly quoted by the media.

He is the author of major EnergyQuest reports and has undertaken consulting assignments on oil, gas and alternative fuels for Australian and international clients.

Graeme ranks in the top 5% of experts in the Gerson Lehrman Energy and Industrials Council, a global network of over 30,000 experts in the energy, transport and industrials sectors, providing advice to investors, professional services firms and companies.

Prior to establishing EnergyQuest in 2005, Graeme held a range of senior positions with the Australian energy group, Santos, responsible for finance, business development and investor relations.

He has also served on a number of government, commercial and charity boards and government reviews.

Graeme has a first-class honours degree in economics from Monash University and a PhD from the Australian National University. He has undertaken the executive program at the Graduate School of Business at Stanford University, is a fellow of the Australian Institute of Company Directors and the Australian Society of Certified Practising Accountants and is a member of the US Society of Petroleum Engineers and the Australian Institute of Energy, of which he is chair of the South Australian branch.

Susan Bethune BA (Hons), MEc

Executive Manager

Susan Bethune is a partner in EnergyQuest, responsible for market data and analysis.

She is an expert on energy market data and modelling, including energy prices, production and reserves . Susan has created and maintains the data bases used in EnergyQuest's EnergyQuarterly reports and has undertaken numerous projects for clients wanting customised data series.

Susan has 35 years experience in economic and financial analysis with the Australian government (Australian Bureau of Statistics and Productivity Commission), the corporate and finance sectors and the tertiary education sector (University of Adelaide and University of South Australia).

Graeme Atwell B Eng

Senior Associate

Graeme has over 40 years of experience in the energy industry in Australia, primarily in gas and power.

Since joining EnergyQuest in 2007, Graeme has advised both gas users and producers on strategic and commercial issues. He has also acted as an independent expert in gas price arbitrations.

For over 30 years, Graeme operated in a diverse range of roles in the electricity generation industry in South Australia. This included power station design, operation and maintenance, coal mining and purchasing and trading of gas for electricity generation.

Between 2001 and 2007, Graeme was employed by Santos in key commercial roles.

This included marketing and commercialisation of gas from the Cooper Basin, including the sale of 500PJ of gas (over $2 billion) to AGL in 2002, major ethane sales to Qenos in Sydney, and negotiation and establishment of Australia’s first major gas swap agreement which enabled Queensland CSM to be contractually supplied to Sydney markets.

Within Santos, Graeme was also responsible for commercialisation of Santos’ Timor Sea assets and played a key role in the project to bring PNG gas to Australia.

In support of Graeme’s commercial and contractual responsibilities he also completed a Professional Certificate in Arbitration and Mediation.

Graeme is a member of the Australian Institute of Energy, and the Institute of Arbitrators and Mediators.

Mike Cochran B Ec Dip Oil Supply & Refining

Senior Associate

Mike Cochran has been working with EnergyQuest since 2005 and specialises in conventional and alternative liquid fuels.

Mike has undertaken projects on Australian diesel demand and supply and market studies for producers of unconventional liquids. He has also done extensive work on biofuels.

Previously Mike held senior commercial and marketing positions with some of the world’s largest resource and petroleum organisations, Santos Ltd, Rio Tinto and, BHP.

During 22 years with Santos, Mike was responsible for marketing Santos’ petroleum liquids, crude oil, LPG, condensate and naphtha, in international markets. He was also responsible for business improvement initiatives such as splitting condensate/naphtha for the Asian petrochemical and Hong Kong town gas markets and production of diesel fuel.

Mike has a Bachelor’s degree in Economics from Sydney University and post graduate Diploma of Oil Supply and Refining (University of Oxford). Over the past eight years, Mike has presented at national and international forums on condensate, naphtha, LPG and biofuels. Ecco Consulting

Technical Associates

EnergyQuest works with an extensive range of associates to provide high calibre technical expertise in multi-disciplinary teams.