Liquidated drilling firm 'overlooked' $15 million royalty
The company thought the licence had no value in 2011.
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Infrastructure
An offshore drilling company which was put into liquidation and deregistered in 2011 earned an estimated $15 million in royalties from a mining licence the directors thought had no value, a new judgment reveals.
Texas-based Wendy Sampson last month made an application to reinstate a company called
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Hamish McNicol
Tue, 21 Jun 2016
Tue, 21 Jun 2016
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Liquidated drilling firm 'overlooked' $15 million royalty
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