Post by
good40 on Jan 08, 2012 10:29pm
40% royalty rate
I wonder if Genel has done their homework and have negotiated with Genel on the 40% royalty rate ? I wonder what the cost would be, because after all, it is equal to a 20% working interest in the block.
Comment by
alstra32 on Jan 08, 2012 10:41pm
Multy billion $ company from the starting gates. Go ahead , you think they did not research all the angles. You are stupider than I thought , pinhead. Glad, you do not do the shopping in this household!! Oh Yea "LOSER " Still waiting for those picks ,7th attempt great GURU
Comment by
hopeandaprayer on Jan 08, 2012 10:51pm
yes, I'm sure, goofy, that Genel spent considerable time and effort negotiating with Genel. Thanks for the input; very helpful.