How to determine cash bonus and sliding scale royalty

Bonus%20Payment%20Paper.docx

Royalty%20Rights.docx

Royalty%20Shale%20Gas%20Lease.docx

Shale%20Gas%20Economics%20101.docx

MODERN%20DAY%20OIL%20AND%20GAS%20LEASE%20FORM.pptx

Feel free to pass on the attached discussion papers to your lawyer or advisor.  The papers discuss how royalty payments and cash bonus values are determined.  The papers also provide the basis for negotiating for a sliding scale royalty and why royalty rates in excess of 30% may be justifiable.

LRW

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