Progressive Queensland farm Telemon Thoroughbreds have purchased neighbouring Running Creek Stud from prominent businessman Gary Pemberton and his wife Marg.
Running Creek comprises approximately 140 acres and has been developed and maintained to an extremely high standard.
“It’s a perfect complement to our farm and the combined Telemon and Running Creek will give us an exceptional facility,” said Telemon’s Dan Fletcher.
Telemon stand Champion 2yo Colt and Champion 1st Season Sire Sidestep, dual Group 1 winning sprinter Jungle Cat as well as Group Winning 2yo Sun City.
Fletcher explained that their plans for Running Creek may, in time, include the development of a purpose-built stallion complex.
“We’ve got a good set up already which we partially renewed prior to the commencement of the last breeding season, so we’re in no rush” he said. “In the long run, the ability to segregate our stallions and serving area and create a dedicated parade facility in a beautiful setting has a lot of appeal.”
The acquisition of Running Creek is another significant milestone for Dan and Rae Fletcher who are originally from Western Queensland.
“Purchasing Running Creek is all about our long-term goals,” Fletcher said.
“When we launched Telemon we spoke about helping progress the industry in Queensland. This is another foundational step and hopefully the market and our clients appreciate both our ambition and our long-term commitment.”