Update on Oil & Gas Royalties Litigation-Key Valuation Issues
Value Scope
JANUARY 13, 2021
But the real issue has to do with a lack of clarity in the text of royalty and lease documents. Cash is king, so if you can get to the actual, observable movements of cash through the value chain, then the value can be allocated properly. It would be even better if lease and royalty documents were drafted more carefully!
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