EXPM:MXMSF - Post by User
Comment by
RJ18on Sep 20, 2007 3:58pm
65 Views
Post# 13437414
RE: MAXIM ANNOUNCES CHANGES TO BOARD AND TRINIDAD
RE: MAXIM ANNOUNCES CHANGES TO BOARD AND TRINIDADSome people refer to GOR as royalty as he does below (even though the proper technical term is the ratio as wheelndeal states).
Even there, the 1st half and 2nd half of the sentence doesn't make sense. You can plug in any definition and it still doesn't tie the sentence together. And the 300 sits all by itself in the middle.
"The gross overriding royalty (GOR) at 300 is extremely low and this is good as gas breakout is not being experienced."