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Stripper Well Royalty

East Texas, Mamontovskoye, and Pembina will reduce their royalty rates by 50% when the well's production drops to less than 50 m3/OF day. This will entice financiers to keep these wells running for a longer duration. This longer duration translates into more royalties and taxes for these provinces.

Image coming soon.

© 2014 Dave Volek. All Rights Reserved.