AAPL JOA and Exploration Agreement Seminar - PDF - PDF

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					  AMERICAN ASSOCIATION OF
   PROFESSIONAL LANDMEN
                                       www.landman.org




    AAPL JOA and Exploration
      Agreement Seminar

    “Joint Operating Agreements and
Exploration and Participation Agreements:
   What Every Landman Should Know”

                 December 10, 2009
      Hilton Garden Inn Pittsburgh/Southpointe
                  Southpointe, PA



        Presentation Highlights
           • History of operating agreements
           • Comparison of AAPL Model Form 610 JOAs
           • Guidance for preparation of JOAs
           • Handling interests of parties in costs and production
                 o Why it is Important
           • Handling subsequently created interests
           • Operator rights and duties
           • Drilling – initial well and subsequent operations
           • Non-Participation factors
           • Completion of wells
           • Abandonment of wells
           • Maintenance of interest
           • Preparation of exhibits
           • And more...
                                       AMERICAN ASSOCIATION OF
                                        PROFESSIONAL LANDMEN
                                                                                           www.landman.org


“Joint Operating Agreements and Exploration and Participation Agreements:
                    What Every Landman Should Know”

                         Thursday, December 10, 2009
          Hilton Garden Inn Pittsburgh/Southpointe – Southpointe, PA

    The American Association of Professional              unitization processes and the types of units
    Landmen invites you to its “Evolution of the          formed for the drilling of oil and gas wells.
    AAPL Model Form Operating Agreements”,                Following a brief history of operating
    by Dorsey T. Roach, CPL, on Thursday,                 agreements, the seminar will provide an in-
    December 10, 2009 at the Hilton Garden Inn            depth review of the AAPL Form 610-1989
    Pittsburgh/Southpointe in Southpointe, PA.            Model Form Operating Agreement as well
                                                          as a comparison to the earlier 1956, 1977
    The seminar will be presented on Thursday,            and 1982 AAPL Form 610’s. Mr. Roach will
    December 10, 2009, from 8:00 a.m. to 5:00             walk through the AAPL Form 610 from
    p.m., with an hour break at noon for lunch            beginning to end, and also discuss the
    on your own.                                          purpose, necessity and preparation of the
                                                          exhibits attached to this important industry
    The     AAPL     Model       Form    Operating        agreement.
    Agreement is one of the most essential
    contracts employed by the oil and gas                 Common problems, pitfalls and ambiguities
    industry. Every oil and gas professional              associated with the AAPL Model form
    involved in the drilling of wells needs to have       Operating Agreement will also be identified,
    a basic understanding of the AAPL Model               and current issues and recommended
    Form Operating Agreement, especially the              modifications, including the incorporation of
    rights, duties and obligations of the operator,       additional provisions, will also be provided
    as well as those of the non-operators.                and discussed during this presentation.
    Dorsey Roach, CPL, frequent lecturer for
    AAPL and nationally recognized operating              This is an important seminar for all oil and
    agreement expert, will be the instructor for          gas professionals to attend, regardless of
    this seminar.                                         level of experience or professional training
                                                          and background.
    The seminar will begin with a review and
    discussion        regarding        Exploration        A bound book of class materials will be
    Agreements and Participation Agreements               provided to all participants.
    and the role each plays in promoted deals
    and in drilling exploratory wells. Provisions         The advance registration fee for the seminar
    commonly found in these agreements, as                is $225 for AAPL members and $350 for
    well as optional provisions, will be identified       non-members.
    and addressed. Also addressed will be the
    exhibits most commonly attached to these
    agreements including the AAPL Model Form
                                                           Schedule of Events
    Operating Agreement
                                                           8 a.m.    Registration/Continental Breakfast
    In addressing the AAPL Model Form                      8:30      Morning Session
    Operating Agreement, Mr. Roach begins                  12 p.m.   Lunch onsite
    with a brief overview of basic pooling and             12:45     Afternoon Session
                                                           4:15      Adjourn



    JOA - Southpointe 2009 Flyer-3                    2                                        09/30/09
Instructor                                                 exist with earlier AAPL operating agreement forms
                                                           as well as the addition of many new provisions.
Dorsey T. Roach, CPL
                                                           He also served as a consultant to the AAPL
Dorsey is a native Oklahoman. He attended the
                                                           Coalbed Methane JOA Task Force that drafted
University of Oklahoma where in 1977 he
                                                           modifications for inclusion into the AAPL 1982 and
received a B.B.A., majoring in Petroleum Land
                                                           1989 operating agreement forms that are unique
Management (PLM). Upon graduating, Dorsey
                                                           to CBM operations.
began his career with Exxon Corporation where
he was trained and specialized as a pooling and
                                                           Dorsey has been a member of AAPL since 1977,
unitization landman. Assignments with Exxon
                                                           and a Certified Professional Landman (CPL) since
included Los Angeles, Anchorage, Houston,
                                                           1986. He is a past member of the Los Angeles,
Midland and Oklahoma City.
                                                           Permian Basin, Southern Oklahoma, Dallas and
                                                           Fort Worth Landmen’s Associations. He is
Dorsey has also held various staff and
                                                           currently a member of the Oklahoma City and
management positions with Mesa, Inc., Crawley
                                                           Tulsa Associations of Petroleum Landmen.
Petroleum Corporation, Union Pacific Resources
Company, The Williams Cos. and Cheyenne
                                                           While serving for the Oklahoma City and Tulsa
Petroleum Company while located in Amarillo,
                                                           Landmen Associations, Dorsey served as the first
Dallas/Fort Worth, Oklahoma City and Tulsa.
                                                           chairman of the newly formed Industry and
Dorsey is currently president of UnitPro Land
                                                           Regulatory Affairs Committees for each
Consultants, LLC in Oklahoma City where he
                                                           Association. In 2004, he served as Chairman of
offers expert witness services for litigation
                                                           the Regulatory Practices Committee for the
involving land contracts, and helps companies to
                                                           Midcontinent Oil and Gas Association, and in
structure promoted deals and prepares and
                                                           2004 he also served as president of the Tulsa
assists in negotiating the land contracts related to
                                                           Association of Petroleum Landmen. In 2008, he
these deals.
                                                           co-founded the OCAPL Governmental Action
                                                           Committee to review and recommend changes in
In 1984, Dorsey joined the AAPL lecture circuit
                                                           rules, regulations, policies and procedures of
where he began speaking on pooling, unitization,
                                                           various county and state government agencies.
well trades and operating agreements. He has
                                                           He is currently Co-chairman of this committee.
given hundreds of presentations and seminars to
such organizations as the American Association
                                                           Since 1983, Dorsey has served as an Adjunct
of    Professional     Landmen   (AAPL),     the
                                                           Professor at the University of Oklahoma where he
Southwestern Legal Foundation, the Kansas Bar
                                                           has lectured in the Business College’s PLM and
Association, the Oklahoma Marginal Well
                                                           Energy Management programs. Topics have
Commission, Desk & Derrick, COPAS and many
                                                           included      pooling,    unitization,   operating
local landmen’s associations and other industry-
                                                           agreements, well trades, title opinions, title
related organizations.
                                                           curative,    regulatory   agencies     and    land
                                                           administration. From 1995-1997, he served as
From 1986-1989, Dorsey served as Chairman of
                                                           Chairman of the OU PLM Steering Committee that
the AAPL Operating Agreement Revision
                                                           was responsible for the restructuring of the PLM
Committee. This Committee was responsible for
                                                           Program into what is now the Energy
revising the AAPL Model Form Operating
                                                           Management (EM) program. Beginning in 2008,
Agreement, resulting in the issuance of the AAPL
                                                           Dorsey also began serving as an Adjunct
Form    610-1989     Model     Form     Operating
                                                           Professor in the Energy Management Program at
Agreement. The revisions included the removal of
                                                           the University of Tulsa.
many problems, pitfalls and ambiguities known to




  JOA - Southpointe 2009 Flyer-3                       3                                             9/30/2009
General Information                                       Reviews (CPL/RPL) and exam. Assistance for
                                                          these programs is limited to two per year.
Accreditation: This program is accredited by
                                                          Assistance is also available for all AAPL on-line
AAPL for seven CPL, RPL, or RL continuing
                                                          programs with no limit to the programs watched.
education credits, including one ethics credit.
                                                          Home study programs are eligible for a reduced
                                                          rate of $25 per courses with a limit of five courses
Transfers and Cancellations: All requests for
                                                          per year.
transfers and cancellations must be made in
writing and all must be made before
                                                          Special Needs: If you have special needs
Wednesday, November 25, 2009.
                                                          addressed by the ADA, please notify us at least
                                                          two weeks before the program.
Individuals may transfer their registration to
another individual for this event at no additional
                                                          Seminar Location:
charge. Transfers to another AAPL event may be
                                                          Hilton Garden Inn Pittsburgh/Southpointe
made for $25 if made prior to November 25. After
                                                          1000 Corporate Dr
that date, no transfers will be accepted.
                                                          Canonsburg, PA 15317
                                                          Tel: (724) 743-5000
Registrations may be cancelled for a refund, less
                                                          Fax: (724) 743-5010
a $25 administration fee, if made prior to
November 25. After that date, no refunds will be
                                                          Hotel Accommodations: AAPL has secured a
granted. Registrants not entitled to a refund will
                                                          “negotiated rate” with the Hilton Garden Inn
receive a copy of the written materials.
                                                          Pittsburgh/Southpointe. The negotiated rates of
                                                          $109 for a standard room, and $119 for a suite,
AAPL retains cancellation rights. In the unlikely
                                                          are available to registrants beginning the evening
event of cancellation, AAPL will attempt to notify
                                                          of Wednesday, December 9, through the evening
all pre-registrants.
                                                          of Friday, December 11. All reservations must be
                                                          secured directly with the hotel, and must be done
Deadline for transfers and cancellations is
                                                          so by December 1, 2009. Refer to the code
3:00 p.m., Wednesday, November 25, 2009.
                                                          “AAPL” when making your reservations. Please
                                                          note that this is not a secured “block of rooms”,
The deadline for ALL pre-registrations is 10:00
                                                          and these rates are only offered pending
a.m., Wednesday, December 2, 2009. After this
                                                          availability.
date, registration will only be available and
accepted on-site the day of and only if seats are
available.

Registration Fees after November 25, 2009:
       AAPL Members: $275
       Non-AAPL Members: $400

Tuition Assistance: The AAPL Education
Foundation has established a new tuition
assistance program that will pay the registration
fee for any AAPL member who desires to attend
an AAPL operated educational event but cannot
do so due to financial limitations. To receive
assistance, an AAPL member must submit a                  Parking: Self-parking is available free of charge
written request for assistance along with the event       on the hotel’s surface lot.
registration form. The request must indicate the
reason that assistance is needed, the years of            AAPL Contact:
AAPL membership (minimum two years), and list             Shannon Carson
all other programs for which tuition assistance           (817) 847-7700
was approved (maximum of two events per year).            scarson@landman.org
The names of registrants requesting financial
assistance will remain confidential.                      AAPL is proud to offer high-quality educational
Tuition assistance is available for all AAPL              opportunities such as this at significantly lower
operated education programs except the annual             costs to its members.         For membership
meeting. This includes all AAPL Institutes,               information,   please    contact     the    AAPL
Seminars, Workshops, and Oil & Gas Land                   headquarters at (817) 847-7700.
  JOA - Southpointe 2009 Flyer-3                      4                                              9/30/2009
                                      REGISTRATION FORM
                                          (Please type or print legibly) 
                                  
                                 Name:  ______________________________________________________
                                  
 JOA Workshop                    Company: ___________________________________________________ 
 331JOA                           
                                 Address: ____________________________________________________ 
 Southpointe, PA                  
 December 10, 2009               City, ST ZIP: __________________________________________________ 
                                  
                                 Phone: ________________________    Fax : ________________________ 
                                  
                                 E‐mail: ______________________________________________________ 
                                  
                                 Request for special needs: ______________________________________ 
                                  
                                                                                   
                                                                                   
 MAIL TO:                                                        Registrations & Payment Received: 
                                                               Thru 11/25/2009        After 11/25/2009 
 AAPL                            JOA WORKSHOP                                        
 4100 Fossil Creek Blvd            AAPL Member                      $225                    $275 
 Fort Worth TX 76137               Non AAPL Member                  $350                    $400 
 Tel: 817‐847‐7700                 PLM/ERM Student                  $0                      $50 
 Fax: 817‐847‐7704                 Tuition Assistance 
                                                                    $0                      $50 
 E‐mail:                             (Request Attached) 
                                                                                             
 scarson@landman.org              
                                                                     
                                  
                                                                     
 (Call or email with 
                                                             
 questions) 
                                                                         
                                                                         
                                                                         
                                 Payment Information            
                                        Check          MasterCard         Visa          American Express 
 Office Use Only                  
                                 Credit Card #: ______________________________ Exp. Date: _________ 
                                  
                                 Name on Card: _______________________________________________ 
                                  
                                 Signature: ___________________________________________________ 
                                  
                                  




JOA - Southpointe 2009 Flyer-3                          5                                           9/30/2009