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Strategies & Market Trends : Strictly: Drilling II
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To: russwinter who wrote (5542)1/19/2002 6:26:20 PM
From: t4texas  Read Replies (1) of 36161
 
how does pcx avoid "the large royalty costs most Canadian companies are saddled with?" are oil/ng royalty costs in canada based on delivery costs? i would have thought royalties would be based on quantity of oil and ng delivered, and thus royalties would scale proportional to the volume. perhaps my intuition on this is wrong.
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