Acquiring Aging Oil and Gas Assets

This presentation is from the 2024 Advanced Landman‚Äôs Institute. It was jointly produced by The Foundation for Natural Resources and Energy Law and AAPL.

• Value assumptions of acquisition of aging oil and gas assets
• Disconnects between buy-side assumptions and the reality of mature fields
• Lease perpetuation issues
• Amalgamation of old leases and lease forms with new lease forms
• Pugh clauses, retained acreage provisions, horizontal severances
• AMIs ‚Äì old ones, new ones and some with sketchy pedigrees
• New projects under old JOAs, multiple and conflicting JOAs
• Title problems cured by time and titled problems exacerbated by time

Presenter: TERRY I. CROSS, McClure & Cross LLP, Dallas, TX

1.00 CEU