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WORKING INTEREST _ NET REVENUE INTEREST CALCULATION WORKSHOP by gabyion

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									                      AMERICAN ASSOCIATION OF
                       PROFESSIONAL LANDMEN
                                        www.landman.org




WORKING INTEREST & NET
  REVENUE INTEREST
CALCULATION WORKSHOP
               Thursday, June 4, 2009
                 Crowne Plaza Tulsa
                     Tulsa, OK


Program Covers:

Fundamentals of WI & NRI Calculations
  • Simple Interest
  • Lease Interest
  • Lease v. Tract Interest
  • Assignments of WI & ORRI
  • Lease v. Tract v. Unit Interest
  • Non-Consent Penalty
  • Excess Royalties
                                  AMERICAN ASSOCIATION OF
                                   PROFESSIONAL LANDMEN
                                                                                     www.landman.org



WORKING INTEREST & NET REVENUE INTEREST
       CALCULATION WORKSHOP
                                      Thursday, June 4, 2009
                                        Crowne Plaza Tulsa
                                            Tulsa, OK

The American Association of Professional                 The registration fee for AAPL members is $225,
Landmen invites you to attend the AAPL Doug              for non-members $350.
Potter WI & NRI Calculation Workshop on
Thursday, June 4, 2009 in Tulsa, OK. The event           Douglas M. Potter – Instructor
will be held at the Crowne Plaza Tulsa, 100 East
2nd Street, Tulsa, OK 74103, (888) 444-0401.             Douglas M. Potter received his BS in Geology in
                                                         1976 and MBA in Finance in 1981 from the
This workshop is intended to equip Land                  University of Colorado in Boulder.        As a
Professionals with elementary skills for Working         Geologist, Potter worked for Conoco in
Interest and Net Revenue Interest calculations.          Wyoming [Uranium] and Cordillera Exploration
Instruction is limited to NRI and WI calculations        in Bolivia [Gold]. As a company Landman,
which may be found in leases, assignments,               Potter worked for Phillips Petroleum [Oil Shale]
operating      agreements      and    associated         and Atlantic Richfield Company [O&G]. Potter is
documents.                                               currently with Anadarko Petroleum Corporation.
                                                         Potter’s diversified background includes serving
This one-day workshop will begin with simple             in other capacities, including Independent
examples and progress towards complex                    Landman, Division Order Analyst, Lease & Title
examples, teaching the fundamental calculations          Analyst and Supervisor of GIS Mapping. Potter
for Royalties, ORRIs, Net Revenue Interests and          is a Certified Petroleum Landman, a Certified
Working Interests.         After attending this          Division Order Analyst and a Certified Lease &
workshop, you will understand the fundamental            Title Analyst.
progressions and calculations of WI & NRI as an
unleased mineral interest becomes leased and
progresses to become part of a producing tract,          Workshop Schedule
oil unit, gas unit, and field-wide unit; learn the
consequences of changing WI & NRI for Leases,            8:00am:         Registration & Continental
Assignments, Unitizations, Farmout BPO/APO                               Breakfast
scenarios and JOA Non-Consent Penalties and
examine [time permitting] Beneficial Interests.          8:15am-3:30pm: Working Interest and Net
                                                                        Revenue Interest Calculation
The WI & NRI Calculation Workshop is a must                             Workshop
for all Land Professionals. This workshop is a
                                                                        i WI and NRI
culmination of presentations delivered over the
                                                                        i Farmout calculations
last ten years to hundreds of land professionals,
                                                                        i JOA Non-consent
attorneys    and    accountants     at   national
conventions, professional land associations and                         i Excess Royalties
Fortune 100 companies.
                                                         11:30am-Noon    Lunch (will be provided)
This workshop is made available to the first 40
paid participants.     A bound book of class
materials will be available to all participants.




    Tulsa 2009 WI-NRI Flyer-1                        2                                       5/20/2009
                                             General Information

Accreditation:       This program has been              Location:
accredited by AAPL for six (6) CPL/RPL/RL               Crowne Plaza Tulsa
credits. The National Association of Division           100 East 2nd Street
Order Analysts and the National Association of          Tulsa, OK 74103
Lease Title Analysts have approved this                 Tel: (888) 444-0401
program for six (6) credits.

Transfers and Cancellations: All requests for
transfers and cancellations must be made in
writing and all must be made before the deadline
shown below.

Individuals may transfer their registration to
another individual for this event at no additional
charge. Transfers to another AAPL event may
be made for $25 if made prior to the deadline
shown below. After that date, no transfers will
be accepted.

Registrations may be cancelled for a refund,
less a $25 administration fee, if made prior to
the deadline shown below. After that date, no
refunds will be granted. Registrants not entitled
to a refund will receive a copy of the written
materials.

AAPL retains cancellation rights. In the unlikely
event of cancellation, AAPL will attempt to notify      Parking: There is self-parking in the hotel’s
all pre-registrants. AAPL is proud to offer high-       attached parking garage. The entrance to the
quality educational opportunities such as this at       garage is the first right past the main entrance to
significantly lower costs to its members. For           the hotel. All-day parking is $5 per vehicle
membership information, please contact the              which is payable when you leave.
AAPL headquarters at the number provided
below.                                                  Contacts:
                                                        AAPL
The deadline for all transfers and                      Shannon Carson
cancellations is 3:00 PM on Thursday, May               (817) 847-7700
21, 2009. After that date, the registration fees        scarson@landman.org
are $275 for AAPL members and $400 for
non-members.         Pre-registration will be
closed at 10:00 AM on Wednesday, May 27,
2009. Please note that pre-registration can
be closed early if the class sells out.
                                                          This class sells out quickly so prompt registration
Special Needs: If you have special needs                 is essential. Once the maximum is reached we will
addressed by the ADA, please notify us at least                 place you on a wait-list in the event of
two weeks before the program.                                                cancellations.

Cell Phones: As a courtesy to others, please
turn cell phones off or place them in “manner”
mode.

Calculator: Each registrant should bring a
basic hand-held calculator.



Tulsa 2009 WI-NRI Flyer-1                        3                                        5/20/2009
                                       Registration Form
               AAPL Working Interest & Net Revenue Interest Calculations Workshop
                               Thursday, June 4, 2009 – Tulsa, OK


    To register for the WI/NRI Workshop, complete this registration form and return it with your payment to:

                      AAPL, 4100 Fossil Creek Blvd., Fort Worth, TX 76137,
    or
                      Fax a completed form with credit card information to (817) 847-7704.


    Seating is limited to the first 40 paid participants - confirmations upon payment only.

    The registration fee for AAPL members is $225, for non-members $350.

    Contact AAPL at (817) 847-7700 with questions.




         TO REGISTER, PLEASE TYPE OR PRINT CLEARLY
      WI/NRI Workshop – Thursday, June 4, 2009
             Tulsa, OK – Course #417WI                                             Registration Fees

Full Name: ________________________________________________
                                                                        AAPL Member (225)                 $ ________
Company: _________________________________________________

Address: __________________________________________________             Non-Member ($350)                 $ ________
City, State, Zip Code: ________________________________________
                                                                        PLM Students ($0)                 $ ________
Telephone: _____________________ Fax: ______________________

E-mail: ___________________________________________________             Add $50 late fee                  $ ________
Method of Payment: Check: ____ MCard: _____ Visa: ____ AX: ______       (after 05/21/09)

Card No.: ___________________________ Exp. Date: _____________
                                                                        Total Payment Enclosed            $ ________
Signature: __________________________________________________

Is this a change of address? ___________
                                                                        CANCELLATIONS MUST BE SUBMITTED IN
Request for special needs _____________________________________         WRITING AND WILL BE SUBJECT TO A $25
                                                                         CHARGE. NO REFUNDS WILL BE GIVEN
         AAPL Members: $225 • Non-member: $350 pre-paid                          AFTER MAY 21, 2009.
            Add $50.00 if registering after May 21, 2009.




    Tulsa 2009 WI-NRI Flyer-1                        4                                        5/20/2009

								
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