Investopedia

Area Of Mutual Interest - AMI

Dictionary Says

Definition of 'Area Of Mutual Interest - AMI'

A geographic location in which more than one oil and/or natural gas company has a stake. The area of mutual interest (AMI) is defined by a contract that describes the geographic area contained in the AMI, the rights each party has in the AMI (such as the a percentage of the interest allocated to each company), the length of time during which the contract will be in effect, and how the contract provisions are to be implemented.

Investopedia Says

Investopedia explains 'Area Of Mutual Interest - AMI'

The AMI agreement may also define how the parties to the agreement are allowed to explore for or extract oil and natural gas in the subject lands. If any party to an AMI contract wants to pursue a venture in the specified lands, it must do so in conjunction with or with the permission of the other parties to the contract.

Articles Of Interest

  1. How Does Crude Oil Affect Gas Prices?

    Find out how this commodity's fluctuating price affects more than just how much you pay at the pump.
  2. Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  3. Meet OPEC, Manager Of Oil Wealth

    This organization's decisions can influence oil prices, but there is a limit to its power.
  4. Is The Gold Pain Over?

    After falling more than 13%, gold has staged a rebound but is that for fundamental reasons or the work of value investors? Will gold reward investors who didn't give up or is there more pain ...
  5. What Is Wrong With Gold?

    Despite its historic and symbolic appeal, this metal is simply a commodity. Here we explore its meaning as an investment.
  6. BP's Moves On Russian Front Look To Pay Dividends

    Does the news of BP's repurchase program make the stock more attractive? Let's take a look.
  7. The Most Affordable Precious Metals ETFs

    Precious metals ETFs invest in both physical commodities and futures contracts for precious metals.
  8. Playing Blue Gold's Rise

    While natural resource investing has exploded in recent years, many portfolios have little to no exposure to water. Find out why they call water "blue gold."
  9. Most Affordable Commodity ETFs

    Here are the most affordable commodity ETFs based on expense ratios.
  10. Ethanol: One Of Several Factors Fueling Corn Prices

    The present and future value of corn plays a role in your investments as well as your wallet.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.
  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center