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This is the norm for oil & gas permits, at the end of permit...

  1. wipz
    475 Posts.
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    15/04/10
    12:22
    Post #: 6577114
    This is the norm for oil & gas permits, at the end of permit period the government forces the company to give up a certain percentage of the permit (in this case 50%). This is to stop companies from hording permits and sitting on them.
    MEO Price at posting: 46.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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