Commercial Terms
RSDD-H SURVEY DEALS
New Surveys of pre-defined survey areas commissioned and sold / licensed exclusively as RSDD-H Survey Reports to clients (sometimes on a multi-client basis) with pricing determined by -
- Survey Area Size
- Survey Resolution: PFS, PS and/or SPS or a Hybrid Survey Combination of Two of these
- Exclusivity Period: None, 1 or 2 Years
- Number of Licensed Copies
- Flexible as to Payment Mix: Cash and/or Venture Interest
Survey Report Pricing
-
Typical PFS Resolution Survey
- 10,000km2 Survey Area
- US$325,000 (12 Months Exclusivity Term)
- 4-6 Months Delivery Time
- Single Purchaser
- Payment: 50% Up Front, 50% on Delivery
-
Typical PS Resolution Survey
- 1,000km2 Survey Area
- US$145,000 (12 Months Exclusivity Term)
- 2-4 Months Delivery Time
- Single Purchaser
- Payment: 50% Up Front, 50% on Delivery
SFL PROSPECT BOOK DEALS
- Exclusive Purchase of SFL Identified, High Ranking Prospects, IEFA Exploration Opportunities & New Exploration Ventures
- Venture Sharing Model according to Venture Maturity:
- Pre-Land Acquisition Ventures (I)
- Land-Optioned Ventures (II)
- Land-Secured Ventures (III)
- Earning Contribution by New Participant / Partner
- Sunk Cost & Initial IEFA Deemed Value Contribution by SFL
- Defined Exploration Work Program and Budget (Commitment Plan)
- Venture / Play Participation Form (SFL having a Carried Interest/GOR)
- Cash Price Alternatives Considered
DEALS SUBJECT TO CONTRACT
- PROPOSAL LETTER & CONFIDENTIALITY
- AGREE SCOPE AND PREFERRED OPTION
- STANDARD SFL SALES or JV AGREEMENT
- Accepted by Numerous Clients
- Evolved over last Eight Years
- SURVEY STARTS / PROSPECTS DELIVERED ON SIGNATURE OF SALES AGREEMENT & ON RECEIPT OF FIRST PAYMENT
CONTACT
Peter Hutchison : Managing Director Contact Us