Company Updates

Quest Offshore Inks Venture with Calash Ltd.

15 1QuestOffshore15 2CALASH LOGO pcQuest Offshore Consulting links venture with Calash Ltd. to assist the expansion of its services to the USA, with the opening of offices in both Houston and New York City. A Calash/Quest Consulting combination will offer enhanced services to US based private equity, debt, and wider investment community, with a focus on strategic due diligence across the energy sector, targeted at the US onshore and offshore oilfield service and E&P markets. The Houston and New York offices build upon Calash's current locations in Aberdeen, London, and Sydney.

Quest Offshore Consulting is dedicated to strategic due diligence services related to mergers and acquisitions working with major financial clients globally including a focus on U.S. private equity. Quest also provides customized analysis to help Energy businesses, government agencies and other groups make strategic data-driven decisions led by both qualitative and quantitative research. Quest Consulting's industry expertise and wide array of knowledgeable contacts across the supply chain will continue to serve as key assets for the new venture.

Calash is an award winning energy advisory firm providing strategy, business advisory, data analytics, and M&A support services. The company provides services to Investors & Lenders, Executive Management, Corporate Finance and Other Advisors, having completed over 500 projects across the energy sector globally. Calash is comprised of a team of energy industry experts that have deep practical experience of owning and working in service and E&P companies, running day to day operations and growing business value within the energy sector.

The expansion into the USA market will enhance Calash's strategic and business advisory consulting services in the US market, allowing Calash to provide services including restructuring support, market entry strategy, asset valuation, and commercial and operational support.

Quest Offshore Consulting is enthusiastic to join Calash, LLC to expand our strategic service offering across The Americas and provide an established beach head to the collaborative venture from Quest's corporate office in Houston (Sugar Land) along with integral support to the New York City office where we can provide enhanced services to our growing client base of financial firms.-Paul Hillegeist, President & COO Quest Offshore Resources, Inc.

"Over 80% of our existing clients have operations in the USA. Calash's expansion into this key energy market reinforces our objective to support our clients globally, ensuring we provide relevant, cost effective services" - Alan Evett, Founder and Group Managing Director of Calash.

Calash, LLC (the US trade name) is a partnership between Calash Ltd. and Quest Offshore Consulting, LLC. a division of Quest Offshore Resources, Inc., Calash is a strategic consulting and transaction support advisory firm and its long association with Quest makes this move a natural extension for Calash.

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