Net Revenue Interest. “Net Revenue Interest” means the decimal ownership of the lessee in production from a Lease, after deducting all applicable Lease Burdens.
Appears in 2 contracts
Sources: Purchase Agreement, Purchase Agreement (Goodrich Petroleum Corp)
Net Revenue Interest. “Net Revenue Interest” means the decimal ownership of the lessee lessee/Seller in production from a Lease, after deducting all applicable Lease Burdens.
Appears in 1 contract