05.07.2009
A percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a the lease area. Working interest owners are obligated to pay a corresponding percentage of the cost of leasing, drilling, producing and operating a well. After royalties are paid, the working interest also entitles its owner to share in production revenues with other working interest owners, based on the percentage of working interest owned

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