For A Fee and an Override or Equivalent:
CLP Fee (Concept, Lead, Prospect)
- Average $50K per Drillable Prospect
- Database Maintenance Fee for Leads and Concepts
Overriding Royalty Interest or Production Bonus
- 3-5% Overriding Royalty Interest or
- Equivalent Production Bonus or
- Equivalent Working Interest Carried to the Tank
Exploration & Technology Teams for Advance
- Speculative Work for a larger %
- Non-recoverable Advance Against Participation