Media Release: Clayton Utz advises Australia Pacific LNG on the purchase of the Ironbark project

Sydney, 4 March 2019: Clayton Utz has advised Australia Pacific LNG Pty Limited (APLNG) on its agreement to purchase the coal seam gas project, Ironbark from Origin Energy Limited (Origin) for $231 million.

Clayton Utz Corporate Partner, Stuart MacGregor led the transaction with key support from Senior Associates, Andrew Holmes, Prue Warner and Sunita Kenny.  Origin was advised by King & Wood Mallesons, led by Partner, Craig Rogers and supported by Senior Associate, Adam Black.

The transaction involved cross-collaboration across practice group areas including Corporate (Energy & Resources), Competition, Major Projects, Tax, Property, and Environment.

APLNG will be able to realise value from Ironbark by utilising its existing nearby gas and water processing infrastructure to efficiently bring the gas to market.