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Tri-Star continues to seek confirmation of reversion of CSG interests and other claims

On 27 September 2019, Tri-Star Australia Holding Company, and other companies within the Tri-Star group (Tri-Star) filed Further Amended Statements of Claim against Australia Pacific LNG Pty Ltd (APLNG) in two related proceedings in the Supreme Court of Queensland.
The proceedings, referred to below as the “2002 Deed Proceeding” and the “JOA/Markets Proceeding”, concern interests in coal seam gas (CSG) assets in the Bowen and Surat Basins in Queensland, and agreements relating to those interests.

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.