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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (399787)7/18/2008 12:47:23 PM
From: Brumar89  Read Replies (1) of 1578997
 
What you got wrong is the "without drilling":

Yeah unless there is actual oil, then they can keep it forever without drilling according to your post.

What I posted was:

Oil and gas leases expire at the end of their primary term--the 10th year--unless diligent drilling operations are in progress on or for the benefit of the lease; the lease contains a well capable of producing oil or gas in paying quantities...

See the mistake?
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