Rildanor

[Drax]

OFFSHORE OIL INTERESTS REVISITED
 
L’EXAMINATEUR HERAUT
 
Ministry of Scientific Research and Technological Advancement, August 27, 5736: After a staff meeting on energy independence, L’EXAMINATEUR HERAUT asked Louis Lefebvre, Minister of Scientific Research and Technological Advancement, what was the Ministry currently addressing, and he responded:
 

Oil reserves.  As it turns out, about 55 year ago, a Rildanorean oil drilling company, OceAzur, and a Kanjorean oil and gas supplier, South Seleyan Oil and Gas (SSOG), entered a joint venture to explore offshore Rildarean waters to see if an appreciable amount of crude oil could be found and extracted.
 
Rildanor issued them jointly a lease with royalties accruing to our treasury.  The Lourennais oil drilling company Petro Royale and the Majatran oil exploiter Qat Oil Services (QOS) were retained  to look for oil.  Petro Royale at some point thereafter dropped the matter as did OceAzur, but QOS located oil although considerably less than hoped.
 
SSOG and QOS set up several oil rigs and extracted some oil which SSOG refined at its refinery in Torges and placed on the international oil market.
 
We are in touch with QOS which is still operating the rigs but at a stripper well rate under a temporary and revocable assignment of the lease. QOS is quite prepared to have an accounting to determine any royalties due Rildanor and proceeds if any due OceAzur.
 
What it looks like is we may be in a position to augment and secure oil reserves sufficient to cushion any strange quirks in the oil market such as inaccessibility or outrageous price increases.  The lease to OceAzur and SSOG still seems valid and so we will be checking to see if they are still involved or are ready to permanently pull out.
 
Ideally QOS would continue pumping and the Republic could take its royalties in oil reserve.

 
5582: https://forum.prtcy.com/thread-21-post-2...ml#pid2738