PCL 0.00% 2.1¢ pancontinental energy nl

“Converting to a 1.5% gross overriding revenue royalty” imo...

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    “Converting to a 1.5% gross overriding revenue royalty” imo means that it would change its financial arrangement to

    receive a 1.5% share of the total revenue generated from oil or gas, without any deductions for operating or maintenance expenses

    It’s a common practice in industries like mining and oil & gas apparently
    Last edited by Bill Gates: 01/12/23
 
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