lease offer

whats 17% net  on all prducts produced off well minus production cost is this something new or is this a good lease option?

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Permalink Reply by ROBERT H.DIXON JR. on August 27, 2012 at 7:54pm

lease states DEPT RESTRICTIONS It is the intention of both lessor aand lesee  that the rights granted to the leased premises only appllies insofar as to the depths found between the center of the earth and a point 800 feet above  the base of the tully limestone formation or its strategic equiv

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