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U.S. Treasury Secretary Attacks Tax Breaks for Oil & Gas Companies

The Energy Law

The Secretary’s comments, made when speaking to the Senate Finance Committee on the proposed budget, reinforced the Obama administration’s stance that new U.S. billion from 2011 to 2019. However, the tax will only affect companies currently using a loophole to avoid paying royalties on the energy supplies they drill.

Oil 40
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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52

Royalty 40
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BOREALIS MINING BOGO-TSXV ALREADY HAS WHAT EVERYONE ELSE WANTS

Oil and Gas Investments

A BIG bank account they raised $16 million ahead of their August 2024 IPO A historical resource (non- 43-101 compliant, but from 2011) of 1.8 Then again in 2011-2013 it produced 125,000 oz of gold. million ounce resource from 2011 is in the Graben sulfide deposit. They pretty much have it all. Graben is open in all directions.