Licence assignments (transfers). A company that is party to a licence may wish to sell its interest, or a part of it, to another company. Any transaction in which one or more companies enters a licence, and/or one or more companies withdraws from it, is referred to in this guidance as a licence assignment.art I of the Petroleum Act 1998 (and before it, the 1934 Act) vests all rights to petroleum in the Crown, including the rights to search for, bore for and get it. It also empowers the Secretary of State to grant licences to search for and bore for and get petroleum to such persons as they see fit.
The common law can briefly be described as the part of English law that is derived from custom and judicial precedent, and is distinct from statutory law, equity law, and ecclesiastical law; or, in the U.S. jurisdiction, the body of English law as adopted and adapted by the different states.
All the rights and obligations of common law married people are identical to those who are traditionally married; likewise, the dissolution of the marriage is the same as well. Do I need an attorney to obtain a common law marriage or divorce? Often times it is unclear if you are common law married and exactly what benefits and responsibilities common law marriage entails.