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15.50 CEUs; .50 CEU Ethics

This article discusses a joint-agreement arrangement that could be used to enhance a stand-alone JOA in situations in which there is a large area to be developed or in which the nonoperating participants are experienced oil and gas players.

The AAPL Model Form JOA, just like any model form, is a starting point for further negotiations between the parties but does not — and cannot — address all situations that may occur before, during or after operations have been commenced or completed.

Based on the task force’s recommendations in 2013, the AAPL released a modified version of the 1989 Model Form JOA incorporating revisions related to horizontal drilling and development.

Few if any title examiners would take exception to the notion that an orderly, well-organized title opinion is more apt to serve the needs of the client than one that is not. But title examiners and other industry professionals disagree over how to best or