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Carried Interest |
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Carried Interest Used for resource companies that have a stake in a resource property. The owner of the property doesn't have to make a proportionate contribution to the expenses incurred for the project. Notes: The company might agree to pay a majority of the expenses for the project in exchange for part of the property rights from another person or company.See also: Royalty |
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? Mentioned in | ? References in periodicals archive | |
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| Carried interest is a profit incentive meant to align the interests of the general partner with those of the limited partners. NAMCOR, the national oil company of Namibia, will have a 7% carried interest and the local BEE group will have a 3% carried interest. 2005 2004 --------------------------------------------------------------------- Operating Review Sales volumes Natural gas mcf/d 6,458 4,970 Oil and natural gas liquids bbls/d 27 31 Carried interest natural gas mcf/d 2 2,077 Combined (6:1) (1) boe/d 1,104 1,206 Average sales prices Natural gas $/mcf 8. |
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Carried Interest