GREY:ENGFF - Post by User
Post by
Columbus1494on May 04, 2014 4:42am
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Post# 22522143
Drilling in 2014
Drilling in 2014According to this link,the new hydrocarbon law in Dr.Congo is expected to be passed in june.
https://enanga.org/insights/nat-dyer/
If the law is passed it will automaticly extend Energulfs license for three years.
https://www.nortonrosefulbright.com/knowledge/publications/104735/proposed-amendments-to-the-drc-oil-and-gas-legislation
That could mean that a farmout deal could be announced immediately after that and then there would be plenty of time to drill this year if they wanted.
If there is talk of a new pp something is up.