AFE Owner Presentation/Cash Call
The AFE Owner Presentation/Cash Call should be sent to the investors in order to communicate the estimated costs of the well, and request agreement and payment of the investor's share of estimated costs. This report does not generate a receivable for the owner.
AFE No
Choose the AFE that you wish to report on.
Beginning and Ending Owner
Choose the first and last owner IDs in the range of owners whose wells will be included in the report.
AFE Section
The section of expenses you would like to view. For example: Intangible Drilling, etc.
Use AFE Category Description Instead of Name
Reports expense by the expense code description, instead of the expense code name.
Include Cost Plus and Location Fees
Report will include the cost plus percentage and location fees as specified in AFE Options.
Include Owner's Share of Actual Charges
Report includes the owner's share of actual charges incurred at that time.
Include Signature Section
Includes the signature section for the investor to indicate his agreement to pay the estimated costs.
Label Report as an Invoice to be Paid
Shows the report as a cash call invoice, instead of Owner's Presentation.
Include AFE Remarks
Shows any AFE remarks that have been made on this report.
Include Expense Code On Report
Lists the Code for each expense at the beginning of the expense description. For Example an "Accounting Fees" expense will be displayed as "1000-Accounting Fees" when this option is marked.
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