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Re: None

Sunday, 02/17/2013 1:38:19 PM

Sunday, February 17, 2013 1:38:19 PM

Post# of 71458
There appears to be a royalty of 18.75% on the VM-179 lease that will be paid to the Louisiana Mineral Board. Does anyone know if that comes out of Montecito's share of the production as the original purchaser of the lease?

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