I give notice as liquidator of the company that I disclaim the property described in the Schedule.
The property is property of the company and consists of:
- property that is unsaleable or is not readily saleable
- property that may give rise to a liability to pay money or some other onerous obligation
THE FOLLOWING PROPERTY OF TIMOR SEA OIL & GAS AUSTRALIA PTY LTD (IN LIQUIDATION) (TSOGA) IS DISCLAIMED:
- THE PRODUCTION LICENCES NUMBERED AC/L5 AND WA-18-L HELD BY TSOGA PURSUANT TO THE OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 (CTH) (PRODUCTION LICENCES);
- THE NORTHERN ENDEAVOUR FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL (IMO NUMBER: 9182916; AUSTRALIAN REGISTERED SHIP NUMBER: 860769) (VESSEL);
- ALL PROPERTY LOCATED ON BOARD THE VESSEL INCLUDING, WITHOUT LIMITATION, OIL IN STORAGE, STOCK, INVENTORY AND SPARES;
- THE TURRET, SUBSEA MANIFOLDS, FLOWLINES, UMBILICALS, RISERS, ANCHORS AND ANY OTHER SUBSEA INFRASTRUCTURE OR PROPERTY IN, AROUND OR ATTACHED TO THE VESSEL;
- ALL WELLS, WELLHEADS, WELL EQUIPMENT, VALVES AND ANY RELATED PROPERTY LYING ON OR UNDER THE SEABED; AND
- ANY OTHER PROPERTY OF TSOGA WHATSOEVER LOCATED IN THE TITLE AREA OF THE PRODUCTION LICENCES.
ALL OF THE DISCLAIMED PROPERTY IS:
- UNSALEABLE OR NOT READILY SALEABLE (SECTION 568(1)(c)); AND
- PROPERTY THAT MAY GIVE RISE TO A LIABILITY TO PAY MONEY OR SOME OTHER ONEROUS OBLIGATION (SECTION 568(1)(d)).
| Date of Notice: |
07 February 2020
|
Robyn Louise Duggan
Liquidator
Peter James Gothard
Joint Appointees
