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FHOA Lease v. CAPL Leases


Royalty FHOA Lease: Non-negotiable sliding scale royalty rate varying from 10% to 32% depending on both the volume and price of the oil or gas produced. The freehold owner has the option of granting the energy company-lessee a negotiable reduced royalty rate for a negotiable period of time (similar to Crown leases). CAPL Leases: Fixed […]
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