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jellicorse

07/14/09 2:56 PM

#7676 RE: Howardhaftel #7675

Thanks Howard.
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BobSinCA

07/14/09 3:41 PM

#7680 RE: Howardhaftel #7675

I thought the lease could not be extended -- clearly PPS assumes that it can't, and arguably potential lenders have reached the conclusion that it can't.

What are the requirements for lease extension?

What are the requirements for turning the current exploratory lease into an operating lease for the entire tenement?