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magicatlast

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magicatlast

Re: developer post# 34018

Friday, 03/17/2006 11:33:08 AM

Friday, March 17, 2006 11:33:08 AM

Post# of 362759
developer, your experienced input is apprectiated. Please clarify:

"Tax mitigation dictates the rest. Each party owns an undivided working interest under the agreements. "

I am assuming that this refers to ownership in the subusidiary. How is that structured if not a limited partnership?

Thanks for your help, from an oil-business ignorant businessman.

Magic

Opportunities always look bigger going than coming!

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