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.