COC Profit Sharing
Gross Proceeds | 100% |
Less: Cost Recovery (90% of Gross Proceeds or Actual expenses, whichever is lower) | 90.0 |
Net Proceeds | 10.0 |
Less : Operator's Fees and Allowances Basic Fee (40%) Special Allowance (30%) |
4.0 |
Government Share | 3.0 |