royalty interest

royalty interest

The proportional ownership interest by the owner of oil and gas rights in income produced by the asset. See also overriding royalty interest.

Royalty Interest

An interest in the oil and gas in place that entitles the holder to a specified fraction, in kind or in value, of the total production from the property, free of any expense of development and operation.
References in periodicals archive ?
The Supreme Court's denial of the plaintiffs' petition for review followed the First Court's decision in March 2013 that found that SKV's clients owed no duty to the overriding royalty interest owner plaintiffs and reversed a $929,903 judgment entered by the 405th District Court of Galveston County, Texas, against Robert Stroud, Plantation Petroleum Corporation, and Stroud Production LLC.
V, OTCBB: IXSBF), today announced that Royalty Pharma has completed the previously announced (see April 26, 2007 News Release) purchase of a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL(TM)) antibody enhancement technology.
BULLETIN BOARD: IXSBF) have announced that Royalty Pharma would purchase a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL(TM)) antibody enhancement technology.
of Smith, Algerine Smith had leased land to Exxon, while retaining a royalty interest in oil and gas production.
V), (OTC Bulletin Board: IXSBF), today announced that Royalty Pharma would purchase a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL(TM)) antibody enhancement technology.
Once the acquisition is complete, Royal Gold's total royalty interest will increase to 5.
OTCBB: IXSBF) (TSX VENTURE: IXS) today announced that Royalty Pharma has purchased a second royalty interest from InNexus in an additional product targeting cancer based on InNexus' Dynamic Cross Linking (DXL[TM]) antibody enhancement technology.
Among other things, the Lawsuit relates to the status of a certain net overriding royalty interest owned by the Mesa Offshore Royalty Partnership (the "Partnership"), a partnership in which the Trust owns a 99.
which held the underlying properties burdened by the Trust' royalty interest, was sold to HighMount Exploration & Production Alabama LLC, an indirect subsidiary of Loews Corporation.
Toronto Stock Exchange: IXS) (OTCBB: IXSBF), today announced that Royalty Pharma has completed the previously announced (see April 26, 2007 News Release) purchase of a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL[TM]) antibody enhancement technology.
TSX Venture:IXS) (OTCBB:IXSBF), today announced that Royalty Pharma would purchase a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL[TM]) antibody enhancement technology.
ACOR's principal assets consist of 15,440,116 gross surface acres of overriding royalty interest and 8,561,007 gross acres of working interests, located Onshore Australia in the Cooper-Eromanga Basin and Offshore Australia in the Gippsland Basin in the Bass Strait.