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9.09% 1.2¢ emperor energy limited

derby dispute

  1. Stone Pony
    1,419 Posts.
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    05/02/13
    22:50
    Post #: 11382429
    I have been looking around for standard joint venture contracts for some insight into OBL's position re Blackreef's sale of its share of the Derby block.

    I'm no legal expert but it sure would be nice if OBL's joint venture agreement with Backreef had something like the right of pre-emption clause contained in AMPLA's exposure draft minerals exploration joint agreement. See section 11.3 http://www.ampla.org/documents/item/125

    That would set the cat amongst the pigeons now wouldn't it?
    OBL Price at posting: 2.7¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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