RE:RE:May Corporate PresentationHound, the PSC typically doesn't give the contractor the legal right to produce and sell oil until commerciality has been declared, and a development plan has been filed, approved, and implemented. Exceptions may be made to dispose of production from an EWT but the terms would be set by the government. They may determine that they own all the oil since the contractor doesn't yet have the right, or they may share in some proportion that would, for example, allow the contractor to recover the cost of the test.