B.P.P.O. definition

B.P.P.O. means before prospect payout as defined by the Agreements.
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Examples of B.P.P.O. in a sentence

  • Alberta Crown PNG Lease 17570 (M00827) Non-unitized gas production between 449.5M to 466M and 466M to 500MKB onlyfrom 100/08-18-80-3W6/02 well 13.13904% WI BPPO Barnwell 11.875% WI APPO Alberta Crown Lessor Royalty 5% Non-Convertible ▇▇▇▇ payable to CNRL on 100% production paid by Vendor 13.13904%3% Non-Convertible ▇▇▇▇ payable to CNRL on 100% production paid by Vendor 13.13904% LEASES LANDS VENDOR’SINTEREST ENCUMBRANCES Pt. Alberta Crown PNG Lease 1395 (M00845) Twp.

  • Consists of the Following: - Part I - Lands, Leases, and ▇▇▇▇▇ - Part II - Contracts, Units, Tangibles, Marketing, AFE's, Lawsuits, and Environmental Abbreviations: The following abbreviations where utilized in this Schedule "A" denote the expressions set forth opposite: APO After Payout APPO After Penalty Payout BPO Before Payout BPPO Before Penalty Payout CSSLR Crown Sliding Scale Lessor Royalty CGOR Convertible Gross Overriding Royalty Cr. Crown in right of the Province of Alberta E East Excl.