Common use of Net Revenue Interest Clause in Contracts

Net Revenue Interest. The four w▇▇▇▇ and acreage are subject to various mineral lease owner and overriding royalty burdens totalling 49%. Altus’ net revenue interest associated with its 2% Carried Working Interest will total 1.0200% of revenues derived from the sale of oil and natural gas production, from the initial four w▇▇▇▇ developed on the A▇▇▇▇▇▇▇ Lease.

Net Revenue Interest. The four w▇▇▇▇▇ and acreage are subject to various mineral lease owner and overriding royalty burdens totalling 4923.75%. Altus’ net revenue interest associated with its 2% Carried Working Interest will total 1.02001.525% of revenues derived from the sale of oil and natural gas production, from the initial four w▇▇▇▇▇ developed on the A▇▇▇▇▇▇▇▇ Lease.