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'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.