Ownership of Production. MAB shall be entitled to receive its proportionate share of proceeds, less expenses, from all production and products attributable to the Properties prior to the Effective Date (the "Net Proceeds"). All Net Proceeds after the Effective Date shall be for the account of PetroHunter.
Appears in 4 contracts
Samples: Acquisition and Consulting Agreement (PetroHunter Energy Corp), Acquisition and Consulting Agreement (PetroHunter Energy Corp), Acquisition and Consulting Agreement (PetroHunter Energy Corp)