Partial reduction report for EL 27348 for period ending 3 November 2013

Abstract

EL 27348 was granted 6 November 2009 for a term of six (6) years. Tri-Star Energy Company is the sole titleholder of EL 27348 and Tri-Star Coal Operations LLC is the operator of the tenure. EL 27348 is part of a group of licences (by way of combined technical reporting) assembled to create a large area that could feasibly be exploited as a coal project area. Tri-Star has spent considerable time in investigating and re-analysing the seismic data and other geological and geophysical data over EL 27348 and the surrounding tenures in the Project Area. Office-based studies have determined that it is unlikely that the coal seams do not extend to EL 27348 and therefore, Tri-Star has reduced approximately 50 per cent of EL 27348. No field work was conducted on the reduction area.