QPN 27.3% 0.8¢ quest petroleum nl

Tri2, I am under the impression that the MOU covered the Ranau...

  1. 132 Posts.
    Tri2,
    I am under the impression that the MOU covered the Ranau
    PSC. So then, once the MOU is actioned then there would be no need to negotiate with the landowner/s as that would mean negotiating with ourselves. Perhaps I am mistaken but I just cannot see QPN having to negotiate for each drill...just too painful to contemplate. Surely, once the LUA is signed off and we have our first drill under way, then if the results are positive then wouldn't our management ensure that the MOU is actioned ASAP?
    It's all effectively our land isn't it? I see what you mean though.
 
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