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METGASCO TO SEEK DAMAGES OVER DRILLING SUSPENSION

Metgasco is taking the New South Wales Government back to court, after failing to strike a compensation deal over the suspension of a CSG drilling license in the Northern Rivers.

The company is seeking damages for an 11-month suspension at Bentley.

It also wants a judicial review to have a permit for an area near Grafton renewed, and a production licence awarded for the Richmond Valley area.

In April, the company won a long-running Supreme Court battle over the state government’s decision in 2014 to suspend its drilling licence near Lismore.

A month later, Metgasco’s Managing Director, Peter Henderson, vowed the company would be seeking compensation.

 

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