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The previous such bid round was held in 2007, four years before the toppling of Muammar Ghaddafi in 2011, which led to a protracted civil war in the country with various factions and tribal interests vying for control of key institutions and major oilfields.
The most recent draft is the fourth update since it was first adopted by the Louisiana Legislature in 2007 following Hurricanes Katrina and Rita in 2005. [1] Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
In 2007, in guidance specifically addressing oil and gas activities, EPA stated that “proximity is the most informative factor in making source determinations.” Under different administrations, EPA has changed its guidance on the meaning of this phrase. See Memorandum from William L.
4] In 2007, Fossil Operating, Inc. between May 2007 and February 2010. [20] EP Energy E&P Co., (“Tauren”) and contained a three year primary term as well as a horizontal and vertical Pugh clause. [3] 3] Tauren subsequently assigned a 49% interest in the lease to Cubic Energy, Inc. 5] Chesapeake Operating, Inc.
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