>  Term: working (operating) interest
working (operating) interest

The interest in a mineral property which entitles the owner to the production from the property, usually subject to a royalty and sometimes to other nonoperating interests. A working interest permits the owner to explore, develop, and operate the property.

0 0

작성자

  • JJD
  •  (Gold) 2369 포인트
  • 100% positive feedback
© 2024 CSOFT International, Ltd.