Course Level: Intermediate
The seminar explores several common issues relating to the development of oil and gas assets involving cotenants. The presentation will address strategies for accounting to cotenants, adverse possession by a cotenant and how cotenancy is addressed in multiple jurisdictions. Participants will gain strategies and solutions to work successfully with cotenants in the development of oil and gas assets.
During the webinar, you will:
- Gain an overview of cotenancies and the rights and duties among cotenants
- Learn how to engage in oil and gas operations involving cotenants
- Understand how to properly account to cotenants for production
- Learn how a cotenant may adversely possess the interest of another cotenant