As the Oil and Gas industry has evolved, so has the Oil and Gas Lease. The Oil and Gas Lease is the basic instrument used in oil and gas development that controls the relationship between the operator and mineral owner. This relationship is can be adversarial, but should be symbiotic.
An Oil and Gas Lease is the document that controls how payments and future exploration will occur. It is the legal instrument executed by a mineral owner that grants the exclusive right to another to explore, drill and produce Oil and Gas from a particular piece of land.
This class will examine some of the recent clauses that are have become popular, while examine how they affect the operator as well as the royalty owner. Remember, virtually everything in the Oil and Gas Lease is negotiable.
Thursday, February 28, 2019 3:00 PM - 5:00 PMCentral Time
Hampton Inn Chickasha3004 S 4th StChickasha, OK 73018
Tawnni Klaus