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Post# of 2020
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Ecomike

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Ecomike

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Re: dayneyus post# 750

Wednesday, 01/11/2012 10:05:48 AM

Wednesday, January 11, 2012 10:05:48 AM

Post# of 2020
I am now wondering what this part means?

The contiguous acreage involves several landowners, with mineral lease expiry ranging from June through September of 2011.



Does that mean Westrock's leases with the land owners expired then, or AEXP's leases to Westrock expired then, or both? Were they renewed by Westrock? Did Pierce pull the $500,000 out of MNLU to quitely pay to renew those leases with the landowners, to Westrock???? Thus forcing MNLU to sell the Louisiana leases at a fire sale price?

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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