Origin terminates royalty interest in Beetaloo

BEETALOO joint venture partners Origin Energy and Falcon Oil & Gas have cancelled CR Innovations’ 1% overriding royalty interest over production in the Beetaloo sub-basin project in the Northern Territory.

Origin terminates royalty interest in Beetaloo Origin terminates royalty interest in Beetaloo Origin terminates royalty interest in Beetaloo Origin terminates royalty interest in Beetaloo Origin terminates royalty interest in Beetaloo
 
CR Innovations was declared bankrupt in March 2017, leaving the joint venture partners open to obtain the remaining 1% interest from the company through the termination of the agreement.