INITIAL INTEREST. In the event both Parties participate in the acquisition of Mineral Interests and the drilling of an Initial Well on a Prospect, the ownership and costs shall be shared in the following proportions: Rangeford 90 %, Black Gold 10%.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Rangeford Resources, Inc.)
INITIAL INTEREST. In the event both Parties participate in the acquisition of Mineral Interests and the drilling of an Initial Well on a Prospect, the ownership and costs shall be shared in the following proportions: Rangeford 90 %, Black Gold 1025 % ; Rangeford 75 %.
Appears in 1 contract
Sources: Purchase, Sale and Joint Exploration Agreement (Rangeford Resources, Inc.)