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Apache will be paid il average annual off prices are below the support prices. Ifle price support agreement will be worth approximately $9,624,215 for one

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Apache will be paid il average annual off prices are below the support prices. Ifle price support agreement will be worth approximately $9,624,215 for one year if the price is below the support. For the price sharing agreement, Amoco will be paid I average annual oil prices are above certain levels that they agree upon. If the price of oil averages about 24$ a barrel, the agreement will be worth around 9.6 million as well. If gas averages $1.90, Amoco will receive $4.6 million and if gas is below the certain level, Apache will receive around $5.2 million. If the convenience yield is fixed, this would have a positive impact on MW Petroleum's valuation. Whereas a convenience yield that can be either high or low would negatively impact the valuation. If oil and gas prices were

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