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Permalink Reply by NA on December 19, 2009 at 14:37

BPO...before pay out
APO...after pay out

unit interest should be figured like this..acreage you own divided by acreage in unit times royalty on lease

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Permalink Reply by JeffNParis on December 19, 2009 at 14:53

Thanks NA. My problem is that the bulk of our land is in a different section, township and range. When we got this DO we were surprised because we didn't realize part of our land was in the section north of us. So we see numbers for BPO and APO but don't know which numbers to use to figure out how much our land is in this other section. Can you tell us which of the numbers (net acreage or unit interest) is the one we use to figure out how much of our land is in the other section?

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Permalink Reply by NA on December 19, 2009 at 16:34

If they have listed gross acreage then you can take net and sutract it from gross. However if they didn't list gross you can take the acreage listed on your lease and subtract the net they gave you and that will tell you what is outside the unit.

I am assuming indigo holds the lease covering all the acreage

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