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Treaty Energy Corporation TECO
Posted On: 08/13/2013 5:26:31 PM
Post# of 39368
Posted By: blindinvestor
Re: Slow Ranger #19117
The net for Treaty should be around 40% after Princess and the GOB, unless the GOB agreement only calls for 10% for the first few thousand barrels, which foreign countries sometimes discount their tax rate to encourage more development.  You are correct regarding Princess and Treaty, they do split 50/50, after the GOB.  Good question...  And it seems like your vacation agreed with you.  Now, it's time to get back to honey-dos and some football.













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