Any petroleum available for cost recovery in a particular year that is in excess of the amount

Question:

Any petroleum available for cost recovery in a particular year that is in excess of the amount necessary for cost recovery is referred to as _______________.

a. Profit oil

b. Cost recovery oil

c. Excess cost petroleum

d. Royalty

e. Cost oil cap

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: