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TeachMeFinance.com - explain Gross working interest ownership basis Gross working interest ownership basis The term 'Gross working interest ownership basis' as it applies to the area of energy can be defined as ' Gross working interest ownership is the respondent's working interest in a given property plus the proportionate share of any royalty interest, including overriding royalty interest, associated with the working interest'. Previous 5 Terms: Gross national product (GNP) gross primary production Gross processing margin (GPM) Gross vehicle weight rating (GVWR) Gross withdrawals Next 5 Terms: Gross working interest. Ground Blizzard Warning Ground Clutter ground cover Ground Fog About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.