05.07.2009
An interest created by the execution of an oil and gas lease
An interest created by the execution of an oil and gas lease
This is the volume of gas in the reservoir above the level of base gas.
Net Working Capital, is defined as Current Assets minus Current Liabilities. Current assets include stocks, debtors, cash & equivalents and other current assets. Current liabilities include all the short-term borrowings. The formula is the following and the figures are expressed in millions: = (stocks + debtors + cash & equivalents + current assets, other) – creditors, short >