Replies to post #12393 on Sigma Global Corp. (fka SGGC)

[c7bk]

The company surely included that in their projected revenues for wells 1A, 2A, and 3A.

"Based on anticipated revenue and costs we expect to generate $1.4M net earnings in fiscal 2009 or $0.002 per share."

[oilstrike]

Standard royalties are 12.5% or 1/8th. Some leases negotiate slightly higher, ie/ an additional 1/64th or 1/32nd West of the Mississippi typically, even sometimes an additional 1/16th