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06-31238, 2008 WL 588745 (5th Cir. 2008), the Fifth Circuit Court of Appeals affirmed the district court’s decision to dismiss a qui tam action brought under the Federal Claims Act (FCA). He alleged that the defendants then received the benefit of continuing operations under a federal contract, the federal oil and gas lease.
Today, we continue the series with a brief review of the SEC rules which govern public oil and gas company filings. Regulatory Documents The SEC oil and gas reserves definitions are located in Regulation S-X (210.4-10) Regulatory Documents The SEC oil and gas reserves definitions are located in Regulation S-X (210.4-10)
Factual Background In July of 2008, nearly 300,000 gallons of oil spilled into the Mississippi River in New Orleans when a tugboat towing an oil-filled barge veered across the river into the path of an ocean-going tanker. Case: United States v. American Commercial Lines, L.L.C. , 16-31150, F.3d 3d (5th Cir. 2704(a). .
Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.
BSEE’s regulations define “obstructions” as “structures, equipment, or objects that were used in oil, gas, or sulphur operations. The origin of NTL 2009-G04 and SSRAs dates to 2008, when, in response to a request from Louisiana Department of Natural Resources (“LDNR”) and under the authority of 30 C.F.R. 250.1700(b).
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