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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (399784)7/18/2008 9:19:03 AM
From: Road Walker  Read Replies (1) | Respond to of 1578812
 
re: No, they can't. And nothing I posted indicated that.

Then what does this mean?

re: 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...

To paraphrase: Leases expire in 10 years unless the lease contains a well capable of producing oil or gas in paying quantities

So the bad ones expire but the good ones never expire.