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Mechanics of Washout Provisions

1.00 CEU
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Level: Intermediate

By surrendering an oil and gas lease a "washout" can extinguish certain non-operated working interests and overriding royalty interests. This presentation will focus on the mechanics of washout transactions and anti-washout clauses.

Objectives: At the conclusion of this presentation, the participant will be able to:” - Understand the mechanics of washout transactions; Analyze the impact of Non-Operated Working Interests; Evaluate anti-washout clauses and their effectiveness

Speaker: Josh Peterson - Oliva Gibbs LLP

1.00 CEU

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