Gull Petroleum

Gull Petroleum is a Perth, Western Australian based petroleum company, which retails fuel in Western Australia and New Zealand.

Gull Petroleum
TypePrivate
IndustryPetroleum
Founded1976
HeadquartersPerth, Western Australia, Australia
Key people
Mr Neil Rae (Chairman)
OwnerPuma Energy
Websitewww.gull.biz

History

Gull Petroleum was founded by Fred Rae.[1] In December 2010, Rae sold the 98 Gull service station network in Western Australia to Archer Capital which was then rolled into Archer's Ausfuel business which also includes Choice Petroleum and Peak Petroleum.[1] Rae continued to own Gull's New Zealand operations. In March 2013, Ausfuel was acquired by Puma Energy.[2][3] The sale included 110 Gull, Choice and Peak service stations and 11 depots.[2]

In July 2017, Rae finally sold Gull's New Zealand operations, Gull New Zealand, to Caltex Australia for NZ$340 million (approximately A$325 million).[4][5][6]

References
  1. Kerr, Peter (1 February 2013). "Puma Energy to gobble up Gull". The West Australian. Archived from the original on 14 August 2014. Retrieved 2 August 2014.
  2. "Puma Energy Completes Ausfuel and Neumann Petroleum Acquisitions". Puma Energy. 4 March 2013. Archived from the original on 12 April 2013. Retrieved 2 August 2014.
  3. Tan, Gillian (4 February 2013). "Puma Energy snaps up Ausfuel for $625m". The Wall Street Journal. Archived from the original on 6 August 2014. Retrieved 2 August 2014.
  4. "The $700m family behind Gull NZ, the low-profile Raes". Stuff. 22 December 2016. Retrieved 9 March 2020.
  5. "Caltex Welcomes Consent to Gull New Zealand Acquisition". Caltex Australia. 26 June 2017. Retrieved 9 March 2020.
  6. "Gull acquisition beating expectations for Caltex Australia". NZ Herald. 26 February 2019. Retrieved 9 March 2020.
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