CHK » Topics » Joint Interest Receivables

This excerpt taken from the CHK 8-K filed Nov 1, 2005.

Joint Interest Receivables

 

Amounts due from joint interest partners represent drilling and operating costs incurred by the Company on behalf of its joint interest drilling partners. Such receivables are recorded as the drilling and operating costs are incurred in accordance with the joint interest agreement and are billed to the partners on a monthly basis.

 

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