Description
Table of Contents
- Preface
- Problem (Rights in the Absence of Contractual Language)
- Interpretation
- Audits of Payouts
- Adjustments to Payout Statements
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Most JOA’s do not address audits of Payout Accounts. This document clarifies the audit rights related to a non-participants’s share of expenses for non-consent situations in the absence of specific audit rights in the JOA. 3 pages. 1997.
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