The Raupe Lease has the following working interest owners: Reed Corporation 50%, League Energy 25%, and Sunshine

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The Raupe Lease has the following working interest owners: Reed Corporation 50%, League Energy 25%, and Sunshine Oil Company 25%. There is a 1/8 royalty on the lease. On April 1, 2011, Reed Corporation, the operator, receives notice that League Energy is going nonconsent on the drilling of the Gusher No.

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Fundamentals Of Oil And Gas Accounting

ISBN: 9781593701376

5th Edition

Authors: Charlotte J. Wright, Rebecca A. Gallun

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