Sunday, April 20, 2008

"My view: 1872 Mining Act doesn't apply to Ortiz" - Bill Condit

From "My View: 1872 Mining Act doesn't apply to Ortiz, " In other words, whatever happens in Washington D.C. to amend or revoke rights under the 1872 law will have no effect upon Santa Fe Gold Corp.'s lease of the Ortiz area. Exploration and development of the leased area will be governed by state laws, no doubt with ample input from Santa Fe County citizens, not unlike the Tecton Energy oil and gas leases, also entirely on privately owned land and minerals." Point of fact, Santa Fe County has a Mining Ordinance that will apply at the local level for proposed exploration and development of the Ortiz.

From a previous Alamagorda Daily News article, July 23, 2006:
Industry leaders insist drilling plan protects Otero Mesa

"HEYCO consultant
Bill Condit sat in the Santa Fe municipal airport, his flight to a Colorado energy forum delayed. Loudspeakers crackled overhead, announcing boarding times with static.

"I was a liaison in Vietnam ... there, being a liaison could get you shot. And now I may be in that position again,"
Condit quipped, surprised that Yates tapped him for a talk with the press.
...
Like Gallagher,
Condit attributed fears of irreparable damage on Otero Mesa to misunderstandings of the oil and gas production process.
...
But despite the top geologists and pricey software,
Condit admits there's much HEYCO has to learn, and can only learn, from drilling.

"It's absolutely true that more information is necessary before the next step after the next exploratory well,"
he said. "BLM can talk about the 1,589 acre cap (on total surface disturbance), but that's a long way from happening."

Condit can't admit much else, because most of the company's information is considered proprietary. He cannot reveal how much natural gas production the company anticipates, how it would conduct its exploration, or how much it discovered in 25-1 and 1-Y, the only successful wells ever dug on Otero Mesa.

"We believe one of the reasons George's wells were successful and the others weren't is because they drilled with an air mist, not water," said
Condit.
...
"George understands he's going to be constrained by the new plan," said
Condit.
...
If U.S. District Court Judge
Bruce Black, who is expected to rule any day now, allows the BLM to implement its plan and proceed with drilling, Condit says Yates is committed to using the most environmentally sound techniques available."

HEYCO: heycoenergy.com

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