Looking for equality
Last year HEX paid $8M in royalties at 25% rate, others paid 13%
Kay Cashman Petroleum News
John Hendrix, owner of the HEX companies, which include Furie Operating Alaska, the operator and owner of the Cook Inlet Kitchen Lights unit, said June 11 that he is primarily looking for an equalization of royalty rates.
Royalties are paid from gross oil and gas production income. Those receiving r....
[additional news subjects in this story]
The tax issue
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/27/2024)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 