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Message: Re: Remaining risk

Mar 23, 2011 05:51PM

Mar 23, 2011 06:33PM

Rocco,

If SEE becomes obstructive to the point where TLM & QEC abandon the play, how is that in any way threatening to a government that seems to be in no hurry to exploit the resource? Quebec would delight in reassigning the leases to another x-company ... for a lot more $$ than originally paid now that the potential Utica motherlode is a little better understood. What leverage does QEC have? Not a challenge, just a question. What's the law?

Binnion has put on a brave face but, as he said, the industry needs SEE members with moderate views and voices; if the panel is stacked with politicians, political appointees, career bureaucrats and foaming at the mouth enviros who learned all they know about oil and gas by watching reruns of Dallas, that can't be good for the incumbents.

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Mar 24, 2011 06:38PM

Mar 24, 2011 09:39PM

Mar 24, 2011 11:13PM
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