Economics #2

2. Can MICA perform ownership reversions?

Yes. MICA can perform one automatic ownership reversion. It can be triggered on a specific date set by the user, a specific amount of net cumulative cash flow, or the date of another well's reversion. In addition, MICA can perform a "basket case" reversion. That is, whenever a project's cash flow equals a specified amount, it will revert the ownership of each well in the project.

Since MICA calculates economics on a monthly basis, the user can schedule any number of ownership reversions manually by simply setting the ownership interests in any month of the case.