In essence the "Approval To Drill" is approved when the permit is obtained. The job of the operator is to meet the guidelines imposed by the various regulatory bodies to adhere to the business, good practice and environmental policies of the day.
The time for the Numbies to oppose is before the acreage is handed out in my opinion.
Even if Nopta would like to stop the drill due to various groups protesting and vested interests change, the time for LEGALLY stopping activities on the PEP11 lease has long since passed in my opinion.
Happy to take a cash offer though, but still retain the right to drill forever should the vested interests change ha ha
Happy Saturday! Tick Tock
In essence the "Approval To Drill" is approved when the permit...
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