Texas trouble clouds APLNG resources

The Australian Financial Review I By: Angela Macdonald-Smith I P20 (Copyright 2014 Fairfax Media Publications Pty. Limited All Rights Reserved) Dormant “reversion rights” held by a Texas company over a chunk of Origin Energy’s coal seam gas reserves have been roused this week to dog Origin’s flagship LNG project in Queensland.
The issue has come back onto the table after private Texas-based outfit Tri-Star Petroleum went to court in Queensland arguing that conditions agreed to under a 2002 deal had been triggered, and that rights to the resources must revert to its ownership. At stake is…

Tri-Star Petroleum emerges as potential LNG Ltd gas supplier

The Australian Financial Review I By: Angela Macdonald-Smith (Copyright 2014 Fairfax Media Publications Pty. Limited All Rights Reserved) Tri-Star Petroleum, which this week launched legal action against Origin Energy’s Queensland LNG venture over coal seam gas rights, has emerged as a potential gas supplier to LNG Ltd’s Gladstone project. Texas-owned Tri-Star Petroleum, which this week launched legal action against Origin Energy ’s Queensland liquefied natural gas venture over coal seam gas rights, has emerged as a potential gas supplier to LNG Ltd’s mooted Fisherman’s Landing LNG export project in Gladstone.

Origin raises budget fears

The Australian Financial Review I By: Angela Macdonald-Smith I P19 (Copyright 2014 Fairfax Media Publications Pty. Limited All Rights Reserved) Concerns about the budget for Origin Energy’s Australia Pacific LNG project in Queensland have risen to the surface again after the company reported construction is 84 per cent complete, and advised that more than 90 per cent of the $24.7 billion budget has already been spent.

Origin flagship Australia Pacific LNG faces legal challenge by Tri-Star over CSG rights

The Australian Financial Review I By: Angela Macdonald-Smith (Copyright 2014 Fairfax Media Publications Pty. Limited All Rights Reserved) Origin Energy’s flagship Queensland coal seam gas venture is facing a legal challenge from the Texas company that sold it acreage 12 years ago over rights to large chunks of its CSG resources.

Origin flagship faces legal challenge to CSG rights

The Australian Financial Review I Angela Macdonald-Smith I P18 (Copyright 2014 Fairfax Media Publications Pty. Limited All Rights Reserved) Origin Energy’s flagship Queensland coal seam gas venture is facing a legal challenge from the Texas company that sold it acreage 12 years ago, over rights to large chunks of its CSG resources.
Privately owned Tri-Star Petroleum started proceedings in the Supreme Court in Queensland on Tuesday, arguing that under a deal struck in 2002, interests in more than 60 CSG licences held by Australia Pacific LNG should be passed back into its ownership.

Tri-Star Seeks Confirmation of Reversion of CSG Interests

The Tri-Star group of companies has commenced proceedings in the Supreme Court of Queensland against Australia Pacific LNG Pty Ltd (APLNG), seeking court orders that reversion has occurred for its 45% interests in coal seam gas (CSG) assets in more than 60 petroleum tenements and tenement applications in Queensland.