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oilsleuth

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oilsleuth

Re: roger wilco post# 22573

Saturday, 01/28/2012 4:43:05 PM

Saturday, January 28, 2012 4:43:05 PM

Post# of 42999
Whether or not there is other interest in oil exploration has no relevance and "intent" is your own invention. If the licence work conditions and expenditure requirement are not complied with there will be no renewal. MRT has experienced decades of Bendall's antics, including that he was going to see the drilling of Bellevue and Thunderbolt carried out on the current licence by virtue of his $50 million personal line of credit.

To date EEGC also has NO COMPETITION to fight for the rights to SEL 1398. As long as they show good intent they will likely get a license renewal.
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