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MATTER OF ASAMERA (SOUTH SUMATRA) LTD. & TESORO

No. 91 Civ. 6235 (LAP).

807 F.Supp. 1165 (1992)

In the Matter of the ARBITRATION BETWEEN ASAMERA (SOUTH SUMATRA) LTD., Petitioner, and TESORO PETROLEUM CORPORATION, Respondent.

United States District Court, S.D. New York.

December 9, 1992.

Attorney(s) appearing for the Case

Breed, Abbott & Morgan by C. MacNeil Mitchell, Susan R. Sheppard, New York City, for petitioner.

Varet Marcus & Fink P.C. by Leo G. Kailas, Stanley McDermott, III, New York City, for respondent.

OPINION

PRESKA, District Judge.

Petitioner, Asamera (South Sumatra) Ltd. ("Asamera"), seeks an order, pursuant to Section 9 of the Federal Arbitration Act, 9 U.S.C. §§ 1-16 (1988 & Supp. II 1990 & Supp. III 1991), confirming an arbitration award dated September 6, 1991 against Tesoro Petroleum Corporation ("Tesoro") for the payment of royalties under an oil-and-gas farmout agreement. Asamera also requests sanctions against Tesoro under...

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