You are the mineral owner of a 500 acre tract. A company wishes to lease your tract and include it in a horizontal well unit. Your net revenue interest in the unit will be 0.18 x lease royalty. So, if you lease for 1/8th your unit net revenue fraction would be 0.0225 and so on. The company has offered you a variety of options. M 1000 You expect the oil price to be about $55]be over the life of the unit. Please determine your expected total revenue for each option at the 90%, 50%, and 10% probability. Which is the best choice? Probability of This Reserve or Larger 0 100 200 300 400 500 600 700 Ultimate Oil Recovery (MBbls)