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To: Dusty Road

I believe, if she refuses to sign a lease, there is no bonus or royalties payment.

After all expenses are paid, and some specified profit (usually a factor of the expenses) she will receive 100% of her share of the production, her acreage/divided by the unit acreage.


8 posted on 03/31/2014 6:04:59 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Well, hell. I should have read one more comment. I posted almost the same thing you did.


11 posted on 03/31/2014 6:16:43 AM PDT by TangoLimaSierra (To win the country back, we need to be as mean as the libs say we are.)
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