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Monday, March 07, 2022 9:38:08 AM
If there was a real lien against Allied Energy on their properties then Allied Energy would not have been able to obtain their P-4 or P-5 and they would not be registered to sell or produce oil in the state of Texas.
Here is the Summary of Requirements and Responsibilities for obtaining the P-5. It is a high bar to obtain the P-5.
https://www.rrc.texas.gov/oil-and-gas/requirements-and-responsibilities/summary-of-requirements/
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