I believe that Buru will offer Rey a deal or incentive to wrap...

I believe that Buru will offer Rey a deal or incentive to wrap up the aquisition of tenements EP-457 & 458 as quickly as possible.

They only have until January 2014 to spend the $4.85 million, or otherwise the 90% rights revert back to Rey

The alternate case is to battle it out in the courts, which could easily surpass the January 2014 deadline.

By the way, I noticed on the quarterlies up to June 2009, the period for Gujarat to spend the $4.85 million was originally only 5 years instead of 6 years. I didn't find any information in relation to the change?

It also states that Rey retains 100% of the coal seam methane rights to the leases.

Below from June 2009 quarterly report;

In January 2008, Gujarat NRE Resources Ltd paid $275,000 to Rey.
Under the Agreement, Gujarat NRE Resources Ltd must spend $4.85 million over five years to earn a 90 per cent interest in the two Exploration Permits.
Rey Resources Limited will retain a 10 per cent free carried interest in the permits until the grant of a petroleum production licence.
During the quarter Gujarat, as operator, continued the reprocessing and analysis of seismic data.
Rey retains 100% of the Coal Seam Methane rights to the leases.