Hi guys,
Hmmm this is extremely complicated for me, Would this be a good reason to slow oil flow down per downhole so as to maybe make the project last longer but keeping the profits therefore lower but for a longer period of time.
And are you saying that a separate lease has the start of the tax at the lower rate all over again, hence once again. spreading work across the leases and keeping the profits lower and longer in over time be more profitable.
excuse me if this sounds twisted, I am really struggling with this tax stuff.
Harlee
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