Greg Pilcher Quotes

Kerr-McGee accepted the risks and government is seeking royalty on leases during the five years, before minimum volumes were reached.

- Greg Pilcher

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Kerr | Mcgee | Accepted | Risks | Government |

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Kerr-McGee accepted the risks and government is seeking royalty on leases during the five years, before minimum volumes were reached. - Greg Pilcher

Royalties were to be suspended (on up to 87.5 million barrels). There have been a lot of things published. This (rule) is spelled out in the act. - Greg Pilcher

We have a long-standing professional relationship with the Minerals Management Service. There's no animosity but we do disagree on owing on certain leases. If we are unable to resolve it, we'll see judicial review. To sum it up, we upheld our end. Now we expect the government to do the same. - Greg Pilcher