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Petroleum royalty agreements are well understood and widely used in several jurisdictions worldwide, and are increasingly being used in many new jurisdictions as a tool for petroleum project development, financing and divestment. However, they are not always drafted with the necessary rigour, and deficiencies are commonplace.
This Special Report provides an overview of the key issues relating to petroleum royalty agreements (with drafting examples), including:
It will be an invaluable guide to legal, commercial and financial professionals engaged in petroleum project financing, development and divestment.