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  4. Zion Oil & Gas, Inc. (ZNOG) Message Board

from everything i've seen in dealing with mineral

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Post# of 1034
(Total Views: 339)
Posted On: 05/14/2022 1:05:17 AM
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Posted By: microcaps
Re: tisdal #881
from everything i've seen in dealing with mineral licenses-and i dont see why oil licenses wouldnt be the same- when they are converted from an explorarion to a production license - the license area should be coterminous with-cover the same territory- licenses are granted with written requirements from
the govt levied upon the grantee (license holder) who extends considerable money on the license which benefits the state

besides, sometimes much of the IP info produced by the licensee which benefits the state is held confidential -and it would take time and money for new licensee to catch up -which would not benefit the state


in fact what is most likely occurring in the administrative front -which is more informal and private than a public courtroom front- is the same principles of reliance, investment based on promises made, and force majuere- but in asking for a 3 yr extension they are relying on implied and actual contracts more than force majuere

by sticky if you mean one of the posts in the top of the message board - i can only remove the one allotted sticky that i posted as a mod-but i will take a look-been too busy in last few days to dive into that board again-which is more time consuming than this board

the glory / long promised change- is coming soon- one of the signals is the leaked scotus decision- there will be a sudden judgment just in time- both of these things will starve the raging soon to be starving god of Baal etc-so everybody needs to hold on a bit longer and not give up the week before victory day


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