Sellers of oil and gas working interests often want to retain royalties or overriding royalties. This step has sometimes been rationalized by the premise that a buyer will not pay (or will not pay as much) for more than a certain percentage (perhaps 80%) of net revenue interest. If there is any truth to this premise, it would likely be in the context of sales of raw acreage, rather than properties for which cash flow can realistically be projected.
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