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To: Nachum
“Accordingly, by enabling Interior to grant new leases on blocks with proven reserves, cancelation of the Original Julia Leases would give Interior the opportunity to collect millions of dollars in bonuses and royalties that it otherwise would not be entitled to collect if the Original Julia Leases are not canceled.”

Interior Dept Gives Approval to Brazilian Oil Company’s Gulf of Mexico Deep Water Facility #15
The facility will be used when the company begins oil and natural gas production at its Chinook-Cascade project in the near future, the department said. Petrobras is based in Brazil.

#55 exclusive economic zone
More specifically, the EEZ includes waters three to 200 miles (five to 322 kilometers) offshore (or nine to 200 miles – 14.5 to 322 kilometers – offshore in western Florida and Texas).

Seems pretty "in your face" by Interior to me. Besides, who's going to stand up and bring this to court like ExxonMobil did? The People?
They have no standing.

30 posted on 08/26/2011 8:00:42 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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At issue is an ExxonMobil project in a part of the Gulf of Mexico known as the Julia Field...

Obama Shocks Oil Industry by Cancelling Exxon Mobil and Statoil Leases

31 posted on 08/26/2011 8:10:06 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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