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EarnestDD

05/27/10 4:34 PM

#15238 RE: R4M0N #15237

We do not know the conditions that MRT insisted on for the new lease.

It could be that at least one well must be drilled within six months or the lease expires immediately upon failure to drill in that six months.
Just a possibility.
jmo
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rigman

05/27/10 6:47 PM

#15241 RE: R4M0N #15237

IMO MRT obviousle have reservations about Empires financial capabilitys as they only granted half the requested area for a reduced period (2 years instead of the normal 5 years.