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Ann: Santa Cruz Oil Field - Binding Agreement Finalised, page-7

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  1. 64 Posts.
    there are costs that have an aggregate value, then production and sales have a value that is first allocated to the contractor to cover those costs (cost oil) and the balance is called profit oil. the profit oil is usually shared between the contractor and the government. the exact percentages are normally commercial in confidence.

    thanks Mr Google .
 
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