Libby oil company owns 100%% of the working interest in a lease that has a 206 royalty interest. The royalty interest owner is Mr. Heagy. Needing additional funds to develop the property, Libby cold Maxx company 100,000 barrels of oil for a consideration of 8,000,000, the oil is to be paid out of the first 30% of the working interest's share of production. During the first four years of production, 180,000 barrels are produced each year