Definition of Gross working interest.

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TeachMeFinance.com - explain Gross working interest.



Gross working interest.

The term 'Gross working interest.' as it applies to the area of energy can be defined as 'The reporting company's working interest plus the proportionate share of any basic royalty interest or overriding royalty interest related to the working interest'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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