Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse fermentum volutpat tristique.

Working Interest

Working Interest is a percentage of ownership in an oil and gas lease that grants its owner the right to explore, drill, and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corresponding percentage of the cost of leasing, drilling, producing and operating a well or unit. After royalties are paid, the working interest also entitles its owner to share in production revenues with other working interest owners, based on the percentage of working interest owned.

Does Peveto provide the skill set to determine working interest ownership?