By now everyone has gotten their Joint Operator Agreements for 2010.  Pretty much everything is staying the same, the primary difference is that all royalty and working interest holders are now paid/billed quarterly, within 60 days of the end of the quarter.  This is in an effort to reduce overhead, since billing only happens four times instead of twelve, but also to reduce the need for adjustment entries against previous periods due to un-billed or late bills from vendors.  Do not worry, we didnt forget the billing that would normally go out on Feb 16th, instead look for it around May 1, or about 30 days after the close of the quarter.