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RC Michael Company Client Flowsheet
Explaining the process from contract to your return on investment
1) Contract and Payment from Client |
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2) Purchase of lease on behalf of client |
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3) Issuance of lease by government agency |
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4) Purchase of lease by, and assignment to, operator, with payment of cash bonus to client and negotiated terms for payment of overriding royalty on production in perpetuity to client |
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5) Monthly overriding royalty payments to client on commencement of production from lease |
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