Hi hanna, Bass (55%) and their partner (45%) both incur production costs, the Indo govt. then takes approximately 55% of "profit oil". Like i said it's been a couple of years since i really drilled down on the economics though, but i think that's about right. I feel a lot of potential investors, myself included, have baulked at investing due to the hazy details. It is possible to piece it all together yourself with a bit of digging into financial reports and searching Indonesia's tax regime.
News: BAS Bass Oil Says April Daily Production From Indonesia Oil Ops Averaged 501 Bopd, page-24
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