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OakesCS

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OakesCS

Re: semi_infinite post# 1572

Wednesday, 09/29/2010 11:08:18 PM

Wednesday, September 29, 2010 11:08:18 PM

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i looked into this a bit. it looks like the leases in question were off of North Carolina: the Manteo block.

There was a heap of litigation over the leases which seems to have involved Mobil, Marathon, and Chevron. Eventually, the US Supreme Court did rule in favor of Mobil that there had been a taking.

http://www.gomr.boemre.gov/homepg/offshore/atlocs/manteo.html

a somewhat succinct chronology of US offshore drilling moratoria
http://www.taylor.house.gov/index.php?option=com_content&view=article&id=149:chronology-of-moratoria-on-offshore-drilling&catid=29:defense&Itemid=59
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