Tri-Star Gilbert Pty Ltd, a wholly owned subsidiary of Tri-Star Petroleum Co, acquired 100% interest and operatorship of six production licence applications, located across the Bowen-Surat and Kumbarilla Ridge basins, on 12 November 2019. Tri-Star acquired the interest from previous holder Australia Pacific LNG Pty Ltd.  Tri-Star has acquired interest in PL(A)s 434, 435, 436, 437, 438 and 439, which cover a combined area of just over 1,000 sq km. All six applications were applied for on 29 September 2010 and are pending award.  The application areas contain a number of successful gas wells and are located to the west of a number of production coalbed methane (CBM) assets.
Tri-Star Petroleum, acquired 100% interest of 6 production licence applications, located across the Bowen-Surat and Kumbarilla Ridge basins.