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After doing some comparison, the KPMG statement (the last part that begins "On 17th April 2020...") is very similar to the statement on the GOGC website dated 21st April that announced the Award. Some wording is different, but large chunks of it are the same.
You can take a look here - https://www.gogc.ge/en/article/frontera-gogc-the-international-arbitration-tribunal-rendered-its-final-award-/479
I should have added the audit report is dated 21 May '20
The audit report, prepared by KPMG, contains the following statement -
"Litigation
Frontera case:
In July 2018, the Company and SAOG (State Agency of Oil and Gas) submitted their statement of claim against Frontera Resources Georgia Corporation (Frontera). SAOG and the Company inter alia are claiming that Frontera has materially breached certain provisions of the PSA (profit sharing agreement) including but not limited to the relinquishment of approximately 99% of the Contract Area. Apart from this the Company and SAOG are seeking reimbursement of damages including a monetary compensation for the breach of oil sharing and relinquishment obligations and reimbursement of the natural resource enjoyment fee which was paid by the Company and never reimbursed by Frontera.
In September 2018 Frontera made a counterclaim, claiming USD 3.5 billion as lost profits for the period 2012 through 2027 for certain alleged breaches of the PSA by the Company and SAOG. The Company and SAOG have considered the counterclaim to be without merit and contested it vigorously. In addition to the claim for the lost profits, Frontera asserted a claim for taxes (VAT and excise tax) in amount of USD 3.5 million and claimed for legal costs allegedly incurred in obtaining land access to Block XII in the amount of USD 74 thousand.
In 2019, Frontera applied to the arbitration tribunal with a statement on voluntarily withdrawal of the counterclaims. The Company and SAOG objected Frontera’s request but later withdrew their opposition to the proposed withdrawal.
On 17 April 2020 the arbitration tribunal rendered its final award as to the matters in dispute. The arbitration tribunal has upheld the Company’s and SAOG`s interpretation of the PSA as it defines the parties’ respective rights and obligations. Among the issues decided by the Arbitration Tribunal, it ruled that the respondent - Frontera committed material breach of the PSA by its refusal to relinquish and return to the State the exploration area. According to the award Frontera and Frontera Resources US LLC are obligated to reimburse the amount of the mineral usage tax paid by the Company on behalf of Frontera as well as the costs incurred by the Company with regard to the arbitration proceedings. The arbitral award effectuates withdrawal of and dismissed the counterclaims that had been filed by Frontera. The arbitral award is final and binding on the parties, in accordance with its terms and the PSA.
Currently, the Company and SAOG are considering further steps aimed at enforcement of the award and implementation of the rights and remedies granted under the PSA."
Source - https://www.gogc.ge/uploads/files/5ec798fc4160c.pdf