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clock Created with Sketch. 01/02/24
18:10
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Originally posted by arsenic:
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When you sell an asset, particularly a non-producing lease the legally drafted sale agreement can often include a royalty being a percentage of the revenue. That leaves the seller an interest in the asset which makes particular sense if the underlying commodity price goes up making it economic in the future.
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It's not directed at RRL and it's an overlap .
(20min delay)