the 37 dollars a barrel is the amount they recieve.they mentioned in pr they would have to pay ec. tax at 25% and 15% .i wonder if its on the profit from the 37$ or the full 37$

rf stated much more interest from national oil co. and others since this deal has been completed.

the37$ per barrel is inflation adjusted each year.

lots of downside protection in the contract.if oil goes to 50 dollars we still recieve 37$ per barrel

concerning to me is that another sub was created IVANHOE ecuador- so its 3 tier

what will the parent co. ivanhoeenrgy recieve when all said and done from that 37 per barrel after taxex and the 2 spin off co.s get their cut??