Astounding Ameratex Energy Boosts 2012 Oil, & Natural Gas Investment by 50 Percent.

29 May

Ameratex Energy offering service contracts for 12 exploration blocks which means winning companies will be paid a flat fee for their services rather than be given a share in the resources. But the remuneration fee for the new bid round would be slightly higher than the 20-year service contract offered in the previous three bidding rounds.

International companies would prefer production-sharing contracts for exploration blocks rather than service contracts.

92% of economists interviewed agreed that in the last decade our gas prices had been affect more by market factors than by American energy policy.

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