For TD Putty Knife Will stay up 5 minutes. Sti
Post# of 39368
Posted On: 06/11/2013 4:08:15 PM
For TD Putty Knife Will stay up 5 minutes. Still thinks he knows everything after he posted be info
kanola
Tuesday, June 11, 2013 4:07:10 PM
Re: tdbowieknife post# 59423
Post # of 59454
IMO there are always alternatives to every hurdle we have to climb. Could it be that not all the solutions to the problem are an the table. There has been errors posted here prior to this.
May 1st Treaty was to have the doors slammed shut lol
T D BOWIEKNIFE Quote
If the leases lose the P-4 certificate they cannot get a new one while under a TNR 91.114 Flag. I was under the impression that if a operators P-5 becomes delinquent then the P-4's under that operator are no longer valid. Looks like I was wrong a nd Treaty can transfer the leases that are not under Severance and have a valid P-4 certificate. Treaty still loses the lease or a least a good portion of what interest in the leases they had.
Quote :
________________________________________
Indicates that the operator is subject to a final and unappealable Commission order or judgment which has not been satisfied. Pursuant to Tex. Nat. Res. Code §91.114, the Commission is prohibited from accepting a P-5 Organization Report filing, approving any permits, or issuing any P-4 Certificates of Compliance for an operator with an unsatisfied order/judgment of this type.
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kanola
Tuesday, June 11, 2013 4:07:10 PM
Re: tdbowieknife post# 59423
Post # of 59454
IMO there are always alternatives to every hurdle we have to climb. Could it be that not all the solutions to the problem are an the table. There has been errors posted here prior to this.
May 1st Treaty was to have the doors slammed shut lol
T D BOWIEKNIFE Quote
If the leases lose the P-4 certificate they cannot get a new one while under a TNR 91.114 Flag. I was under the impression that if a operators P-5 becomes delinquent then the P-4's under that operator are no longer valid. Looks like I was wrong a nd Treaty can transfer the leases that are not under Severance and have a valid P-4 certificate. Treaty still loses the lease or a least a good portion of what interest in the leases they had.
Quote :
________________________________________
Indicates that the operator is subject to a final and unappealable Commission order or judgment which has not been satisfied. Pursuant to Tex. Nat. Res. Code §91.114, the Commission is prohibited from accepting a P-5 Organization Report filing, approving any permits, or issuing any P-4 Certificates of Compliance for an operator with an unsatisfied order/judgment of this type.
_________________________________
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