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Can a well selecting transition royalty formulas receive the Drilling Royalty Credit or the New Well Royalty Reduction announced in the Three-Point Incentive Plan?

April 26, 2017announced credit Drilling formulas reduction Royalty selecting

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Can a well selecting transition royalty formulas receive the Drilling Royalty Credit or the New Well Royalty Reduction announced in the Three-Point Incentive Plan?

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Yes, wells selecting transition royalty formulas can still obtain the Drilling Royalty Credit and New Well Royalty Reduction subject to the requirements of those programs.