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WBROA believes $319,375,000 is the minimum annual amount deducted in Postproduction Costs! |
Mission
The mission of WBROA is to educate and encourage Williston Basin Royalty Owners to engage with statewide elected officials, legislators and members of the Judiciary for purpose of providing insight into the expectations of their constituency. | PurposeThe purpose of WBROA is to help enable Royalty Owners to develop the skillset to comfortably communicate their frustrations and expectations when discussing the treatment of the royalty payment issues in question. |
UPCOMING EVENTS
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It’s All About Numbers and PeopleSCR 4010 provides for an interim study of post production deductions from royalty payments. With an extremely small number of legislators receiving oil royalties we have a large job ahead of us to educate the interim committee. It will be “all” about numbers. We must show and convince the interim Energy and Natural Resources members of what we believe are the inadequacies of the treatment of our interests. How do we accomplish that task? It's crucial that we communicate the huge financial losses to royalty owners and the taxpayers of North Dakota due to these Postproduction costs. Read More |