The two agreements govern relations between the partners in the Wichian Buri SW1A joint venture in Thailand. Carnarvon said it is acting due to concern about the extent of funding of the joint venture by Pacific Tiger.

Amongst other matters, Carnarvon alleges that Pacific Tiger has not fully funded in cash its share of joint venture expenditures; and that Pacific Tiger has not provided recent financial and operational information concerning the joint venture, including the final report from Navigator Resource Management Inc.

In July an action group representing over 20% of the Pacific Tiger stockholders called for the existing board, including the president and chief executive officer, to resign.

Following the changes the partners appointed Navigator Resource Management to undertake a review of the field operations in central Thailand and the performance of the most recently drilled wells, N7 and N8.

Once the review was completed, Carnarvon and Pacific Tiger were to determine the preferred options for further remediation of the N7 and N8 wells, and for the next phase of development of the oilfield.

Two assessments of the field's proved plus probable reserves have estimated between 10 and 23 million barrels of recoverable oil.

The court in Alberta Canada has set a November date for a hearing of Carnarvon’s legal action.

Additionally Carnarvon has commenced separate legal proceedings against Pacific Tiger Energy Inc. for payment of what Carnarvon alleges is its outstanding share of revenue for June and July.

Carnarvon has a 40% interest in the Wichian Buri SW1A joint venture.