"Following two farmout transactions during the previous quarter, Burleson now holds:
· 50% working interest and an over-riding royalty interest of 1.13% in the T2H well and
Truchard unit; and
· 38.83% paying interest and 39.2% net revenue interest in the T2H well"
Can someone explain what the different "interests" mean.
Ann: BUR Quarterly Activity Report March 2013 , page-2
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