Stochastic Simulation

Stochastic Simulation Ltd was an Australian public company founded in 2008 providing specialist modelling software and services to the upstream oil and gas industry. Stochastic Simulation developed a suite of software solutions for the oil and gas sector, including ResAssure and GasAssure. Its primary focus was the commercialisation of innovative modelling solutions for the upstream oil and gas industry. Stochastic entered administration in April 2017, and appointed liquidators later that year.

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Past People

Name	Position	Year Started	Year Ended
Andrew Wadsley	Executive Director		2017
Leo Mullins	Managing Director	2008	2017
Paul Kristensen	Non-Executive Director	2011	2017
Garry Willinge	Non-Executive Chairman		2017
James Mullins	International Business Development Executive	2014	2017
Michelle Gunstone	Marketing		2017
Daniel Colgan	Non-Executive Director	2015	2017

M&A Deals

Announced	Bidder	Target	Transaction Type	Total Value
10/03/15	Stochastic Simulation	Predrill Stresses International	Asset acquisition	$5.0m	>>

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