Proceedings |
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Results 1-3 of 39
Page 174
... holder and the working interest owner . The primary advantage of a net profits interest to its holder is his individual isolation from all demands for the working interest owner's cash requirements for exploration , de- velopment , and ...
... holder and the working interest owner . The primary advantage of a net profits interest to its holder is his individual isolation from all demands for the working interest owner's cash requirements for exploration , de- velopment , and ...
Page 176
... holder . Net Profits Interest Holder The signal disadvantage of the net profits interest holder's position is that he has no management participa- tion with respect to the property . The lack of this right precludes his exercise of any ...
... holder . Net Profits Interest Holder The signal disadvantage of the net profits interest holder's position is that he has no management participa- tion with respect to the property . The lack of this right precludes his exercise of any ...
Page 190
... holder or the working interest owner would be treated as distributions to stock- holders . The Internal Revenue Service recognizes the net profits interest to be an overriding royalty and a separate prop- erty from its supporting ...
... holder or the working interest owner would be treated as distributions to stock- holders . The Internal Revenue Service recognizes the net profits interest to be an overriding royalty and a separate prop- erty from its supporting ...
Contents
The Thirtieth Year of the Natural Gas Act and Its | 1 |
Title Examination and Division Orders | 29 |
Royalty Problems Incident to the Processing of Natural | 89 |
Copyright | |
13 other sections not shown
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Common terms and phrases
5th Cir agreement allocated amount applied assignment Bankline basis carried interest Comm'r Commission consolidated return contract Corp corporation decision deduction depreciation division order drilling economic interest effect error ref'd excess loss account exemption fact filed Hugoton industry interest owner investment involved land Legal Fdn lessee lessor Magnolia Petroleum Co market value ment mineral Natural Gas net profits interest Oil & Gas oil and gas operator opinion ordinary income overriding royalty ownership partnership party percent Petroleum Phillips Petroleum Co pipeline problem production payment profits interest holder provisions purchase question received recovery Regulations remainderman reserves result Revenue Ruling royalty interest rules Section securities service partner Simplot slant drilling Southwest Exploration Stanolind Subject Properties supra Supreme Court Tax Court taxable taxpayer Texas Texas Co tion tract transaction transfer trust instrument United wellhead