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Message: Re: Falcon Oil & Gas Ltd. enters into binding agreement ... lanman
1
May 27, 2009 09:28AM

>Block 106 (west) was issued Oct 4, 1999 and expires Aug 30, 2009

>Block 107 (donut) was issued Aug 5, 1999 and expires on June 15, 2009

Wow - thought I remembered you saying they expired - had no idea they were for almost 10 years already and not renewable. So they would have to be preparing a Closing Report to be submitted by 6 months after each of those dates? Interesting. When you apply for a Mining Plot you have to show the presence of hydrocarbons? Commercial viability of any sort? I know way back when you posted on that as well. See over the last three years while we have been waiting for this walk off homerun to have 5 wells in production by the end of the year (2006), you've been a googling encyclopedia for which I will be eternally grateful. So back to the question - Mining Plot approval criteria is ...

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