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Wednesday, May 20, 2015 12:42:07 PM
"The parties will be subject to the Joint Operating Agreement whereby ownership representing over 51% of the PELs will vote on an operator. The operator will have the right to propose an exploration budget after which point each party must provide capital to fund its working interest."
So any announcment that HENC is looking for drillers seems rather strange and unreal to me.
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