First Tranche Petroleum (FTP) is the oil and gas shared by the parties in PSC before the cost recovery. Usually the FTP shared is between 10% - 20% of production. The FTP mechanism was applied for the first time in 1988 for Indonesian PSC, and for some oil and gas practitioners, FTP is treated as Quasi-Royalty.
A first loss tranche is the sum of all tranches up to an attachment point. For example, 0-6%, the sum of the 0-3% tranche and the 3-6% tranche, is a first loss tranche.
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La Tranche-sur-Mer's population is 2,691.
The area of La Tranche-sur-Mer is 17.63 square kilometers.
tranche
Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.
Petroleum was first found in Western Australia.
Slice or portion
Tranche de vie - 2005 was released on: USA: 14 April 2005 (festival screening)
bundle, number, tranche, portfolio, range
Tranche
no, It would be possible however the only splitting up in tiers was in the junior/equity tranche as these are the ones which carried the most risk and thus the most profit.