COURSE DESCRIPTION
AAPL is pleased to offer the 2-Day Working Interest and Net Revenue Interest Seminar.
Day one will consist of Basic instruction and examples. Day two will consist of Advanced instruction and examples. Participants may choose to take these sessions individually, but It is highly recommended to take the Basic Workshop prior to taking the Advanced Workshop.

COURSE TOPICS
-Effects of Typical Lease Clauses
-Granting Clause
-Royalty Clause
-Proportionate Reduction Clause
-Assignment Clause
-Pooling Clause
-Analysis of Calculation & Concepts
-Average Royalty vs. Weighted  Average Royalty
-TPF
-Balancing Owner
-Lease vs. Tract vs. Unit vs. Field wide Unit
-Surface Average Allocation vs. Volumetric Allocation
-Farmouts
-JOA

ADDITIONAL INFORMAITON:
Accredited for 6 CEUs per day.