Examen de la Política Comercial (TPR) de las Comunidades ...

Successful bidders make an up-front cash payment, called a bonus bid, to secure a lease. A minimum bonus bid is determined for each tract offered. In addition to the cash bonus bid, a royalty rate of 12.5% or 16.66% is imposed on the value of production depending on location factors; or the royalty is received “in-kind.” ................
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