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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: que seria who wrote (1374)3/12/2001 8:09:40 AM
From: Lee Fredrickson  Respond to of 23153
 
que seria,

Thanks for your and all others' responses.

Lee



To: que seria who wrote (1374)3/12/2001 9:01:30 AM
From: jim_p  Read Replies (1) | Respond to of 23153
 
"Lee F: BPO=before production interest; APO=after production"

BPO stands for "before pay out", and APO stands for "after pay out".

It's not unusual for a working interest owner in a project to have his working interest ownership in a well or project reduced once he receives his original investment back out of production to compensate the originator of the project.

Jim