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Royalty and non-op management is drowning in inefficiencies. But here’s the reality: royalty and non-op management today face the same core problems: Administration bottlenecks: How can address changes be handled or direct deposit be set up quickly? The reality? Address changes turn into endless paperwork. If this resonates.
The completion of the transaction, expected in the third quarter, is subject to certain customary conditions precedent, including consent from the North Sea Transition Authority with respect to the change of control of GTNSL, according to the release. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.
We are excited to execute on this unique opportunity that is immediately accretive to our per-share metrics and meets our strict criteria for acquisitions high quality acreage with exploration upside, competitive with our current inventory, gained at an attractive price, continued Yacob. About EOG Resources EOG Resources, Inc.
By Dana Douglas The Louisiana First Circuit Court of Appeal recently held that an operator is not responsible for payment of a non-operator’s royalties and overriding royalties before payout. In Gulf Explorer, LLC v. 6/8/07), the operator completed a well that was plugged and abandoned without reaching payout.
The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. The complete resource evaluation can be downloaded from SEDAR+. is a Canadian-based exploration and production company specializing in tight gas development. CanCambria Energy Corp.
On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.
.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.
TETRA recently completed the drilling and sampling operations of an additional test well in the Evergreen Unit with very encouraging results. royalty on gross revenues from the lithium that Standard Lithium produces and sells from the TETRA option acreage. TETRA is the operator of the Evergreen Unit.
Hunting will pay a 15% royalty to the sellers on revenue earned for a period of 15 years, post-completion. This breakthrough technology, which manipulates the resident down-hole ecology, offers operators an easy-to-deploy advanced tertiary oil recovery resulting in increased production and the lowering of lifting costs.
But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. Having all these past benefits ready to go saves time and money in getting to production: 1. Mining leases are in place. I want everyone to understand 3.4%
Both deposits have recent feasibility studies showing they will produce 100,000 oz of gold per year for over a decade–with lots of exploration upside to realize through that time. Once production financing is in place, it takes us to the 200,000 ounce a year production level200,000 low cost ounces a yearde-risked.
Tauren Exploration, Inc. , 1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] Tauren Exploration, Inc. , 4] $242,029.26
In this new paradigm, vertical AI solutions are transforming the energy industry by completely automating data workflows from end to end. They deliver precise, objective production forecasts across numerous well scenarios by analyzing more variables than humanly possible.
Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. Plans for its use or lease for exploration, development, or production activities.
oil and gas production, with the former pledging continued expansion of domestic oil and gas drilling and production, and the latter pledging to transition the U.S. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. Due to the sharp increase in oil and gas production, the U.S.
The Executive Order, in part, ordered the Secretary of the Interior to pause new oil and gas lease sales on public lands and on the OCS pending completion of a comprehensive review of potential climate and other impacts. As a result, no lease sales have taken place since the Executive Order was signed. at 38-40. (2)
The Executive Order, in part, ordered the Secretary of the Interior to pause new oil and gas lease sales on public lands and on the OCS pending completion of a comprehensive review of potential climate and other impacts. As a result, no lease sales have taken place since the Executive Order was signed. at 38-40. (2)
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