Surely "paid out" doesn't mean payed back. That would be an...

Surely "paid out" doesn't mean payed back. That would be an extremely dumb deal. By "paid out" don't they just mean that when the drilling and completion costs are all "paid for" then AKK receives its 30% WI and 22% NRI?

Definition of Carried Working Interest

"A working interest which will be carried through the completion of the well. The owner of a Carried Working Interest, is not obligated to pay for any drilling and completion costs, but will pay for its proportionate share (based upon working interest ownership) of the Administrative and Operating Costs incurred after the wells are placed into production."

http://champoil.com/Terms.htm

Hope I'm right. The other view would be extremely disappointing.