The AAPL Model Form Operating Agreement is one of the most essential contracts employed by the oil and gas industry. Every oil and gas professional involved in the drilling of wells needs to have a basic understanding of the AAPL Model Form Operating Agreement, especially the rights, duties and obligations of the operator, as well as those of the non-operators. Dorsey Roach, CPL, frequent lecturer for AAPL and nationally recognized operating agreement expert, will be the instructor for this seminar.
SCHEDULE (Day 1 and Day 2):
8:00 AM Registration & Continental Breakfast
8:30 AM Morning Session
12:00 PM Lunch (not provided)
1:00 PM Afternoon Session
5:00 PM Adjourn
History of Operating Agreements | Comparison and Review of all AAPL Model Form 610 JOA’s | Handing Interests of Parties in Costs and Production | Title Examination | Operator Rights and Duties | Operations – Initial Well and Subsequent Operations | Consequences for Non-Participation | Completion and Re-Completion of Wells | Plugging & Abandonment of Wells