Quote:
Originally Posted by tete
Have there been any companies who have said they shelved projects due to the royalty review? The tanking oil price and lack of pipeline infrastructure have generally been the reason for shut down/shut in projects.
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Yes there have been. They can't go ahead with planning as companies plan 25 years in the future which is impossible to do if you don't know what the rules are going to be. They won't keep paying people to sit on their butts and wait for the results.