MARKETS

Tri-Star ramps up multi-billion-dollar claim against Origin

PRIVATELY held Tri-Star Energy could take 20% of Origin Energy and ConocoPhillips' oil and gas reserves in Queensland and receive billions of dollars in damages if it wins a legal fight against the Australia Pacific LNG project venture.

Tri-Star ramps up multi-billion-dollar claim against Origin

The claim against Origin includes two arguments relating to a deal struck back in 2002. The first relates to Tri-Star's right to royalties. The second to a reversionary interest in the fields.  Tri-Star...

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