It would be interesting to see the governments' position on the LLC that assigned the East Texas well to Treaty Energy as at the time it was said it was up to the certain person to assign it to Treaty or another company for development.
If people gave money for Treaty and they developed another company instead (that would not be right)... but whether a law exists or not to prevent it is another question. It's funny how law wants you to define certain things then expect common sense on others....
... okay ... edit... What I called LLC up there was just a generic label for whatever partnership it was and not a specific yes or no LLC mention in the post responded to... See how its difficult to know what was meant?
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