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Firm NameBarclays
Deal Range275% - 300%
Upfront Payment115% to 140%
Year 1 Hurdle50% of assets and revenue
Year 1 Payout Bonus50% of production
Year 2 Hurdle90% of assets and revenue
Year 2 Payout Bonus50% of production
Year 3 Hurdle105% of assets and revenue
Year 3 Payout Bonus30% of production
Year 4 Hurdle125% of assets and revenue
Year 4 Payout Bonus30% of production
Year 5 Hurdle
Year 5 Payout Bonus