Sentence examples for royalty interest from inspiring English sources
The royalty interest retained by the United States under this subsection does not include any development, production, marketing, and operating expenses.
The assets include royalty interest in oil and gas production of BP's Thunder Horse, Atlantis, Mad Dog, Great White and Mars, Ursa and Na Kika sites.
Notwithstanding the conveyance under subsection (b), the United States retains a nine percent royalty interest in the value of any oil, gas, other hydrocarbons, and all other minerals that are produced, saved, and sold from the conveyed land during the period beginning on the date of the conveyance and ending on the date the Secretary of Energy releases the royalty interest under subsection (i).
A.S.R.C. called a press conference in Anchorage to announce a joint venture with Shell, which would grant the small village-based native corporations a royalty interest in Chukchi Sea oil.
After the third year, UBS would have the option to buy one-third of Enron's royalty interest for an amount generally based on a component of the prior year's profit.
Upon making the determination referred to in subparagraph (A), the Secretary of Energy shall transfer all remaining royalty amounts to the general fund of the Treasury and release to the Tribe the royalty interest retained by the United States under subsection (e).
The University of Minnesota also has equity and royalty interests in Niron Magnetics LLC.
Queen Sand Resources Inc. said yesterday that it had agreed to buy oil and natural gas royalties and overriding royalty interests from the Morgan Guaranty Trust Company of New York for $150 million.
FRANCO-NEVADA MINING CORP., Denver, which has royalty interests in gold mines, said it had called off its planned merger with Gold Fields Ltd. of South Africa.
Assets of this trust consist of overriding royalty interests in producing properties, mainly in the Hugoton field in Kansas and the San Juan Basin in Colorado and New Mexico.
LL&E Royalty Trust was formed in 1983 when overriding royalty interests from properties of the Lousiana Land and Exploration Company were transferred to the trust.
