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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?

To: Ronald J. Clark who wrote (373)7/15/1999 9:12:00 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 686
 
Ron,

The W.I. % and N.R.I. % could be the same, if the production is not subject to mineral owner royalties. This situation could occur, for example, if the mineral owner converted his royalty interest into a working interest.

Oh thats right, this is an offshore well. Not too familiar with how these leases are set up. I believe the fed. gov't or the states "own" the land under the water. Maybe they waived royalties here.


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