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Non-Cattle Specific Topics
Coffee Shop
Neighbor looking at Solar Farm
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<blockquote data-quote="Brute 23" data-source="post: 1799711" data-attributes="member: 6291"><p>In O&G the company has to get a permit from the RRC to operate wells. They also have different bond amounts based on how many wells they have that has to be put up to secure the permit. Should the company go belly up the RRC can go after assets and owners of the company for clean up and P&A expenses in addition to the bond. </p><p></p><p>These solar and wind projects are pretty deregulated. The is no governing entity overseeing it. If things go south there will be a heck of a mess.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1799711, member: 6291"] In O&G the company has to get a permit from the RRC to operate wells. They also have different bond amounts based on how many wells they have that has to be put up to secure the permit. Should the company go belly up the RRC can go after assets and owners of the company for clean up and P&A expenses in addition to the bond. These solar and wind projects are pretty deregulated. The is no governing entity overseeing it. If things go south there will be a heck of a mess. [/QUOTE]
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