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Really, really bad timing

5 June 2010

SDPNoticias (my translation):

The Supreme Court  refused to lift an injunction against Esteva Mercantil Mexicana y Asociados, which sought to exploit oil in the Gulf of Mexico, La Jornada reported in its on-line edition.

The Second Chamber of the Supreme Court held that “natural resources found on the continental shelf belong to the direct control of the nation,” in resolving a review of the injunction requested by Esteva Mercantil which sought a fifty-year concession to extract oil from under the sea bed in the Gulf of Mexico in Mexico’s exclusive economic zone.

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