OTCPK:MAUXF - Post by User
Comment by
Greenchipson Oct 25, 2012 8:46am
358 Views
Post# 20521985
RE: RE: RE: RE: Merger
RE: RE: RE: RE: Merger Companies never own the land or sub surface rights.
OML stands for Oil Mining License, PSC stands for Production Sharing Contract, pretty much self explanatory.
Indigenous companies (like OER) receive preferential treatment in terms of accessing marginal fields and also enjoy lower tax rates in some circumstances.