An Introduction to the 1989 AAPL Joint Operating Agreement

(162 Ratings)

Produced on: February 20, 2018

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 62 minutes
Difficulty Beginner

This program, taught by oil and gas transactional attorney Dave Davis III, is designed to assist attorneys in understanding how joint developments are formed for U.S. onshore oil and gas drilling and production operations.

The course will introduce viewers to Key Provisions of the 1989 AAPL Joint Operating Agreement and familiarize attorneys with specialized terminology and other agreements used in upstream exploration and development.


Learning Objectives:

  1. Review the purpose and developmental history of the 1989 AAPL Joint Operating Agreement
  2. Grasp how U.S. leaseholders jointly development onshore oil and gas reserves
  3. Identify key provisions of the 1989 AAPL Joint Operating Agreement and how this form addresses risks in joint development operations
  4. Define terminology used in oil and gas upstream operations
  5. Discuss the legal duties, obligations and liability exposure for Operators and Non-Operators

Faculty

Dave Davis III

Morae Legal Corporation

Dave Davis III has over 10 years-experience as corporate legal counsel in the oil and gas industry, and has experience drafting, negotiating and advising on a variety of upstream and midstream leasing, drill rig, transportation, storage, service and supply agreements.

Dave also brings experience in international transactions representing clients in negotiations with the governments of Equatorial Guinea, Gabon, Montenegro and Croatia, as well as regulatory experience through successful licensing applications with the U.S. Department of Energy and the Regulatory Commission of Alaska.

Dave has also negotiated the acquisition of over $300 million in petroleum assets world-wide.

He currently services many oil and gas producers in the Houston area as a contract attorney supporting in-house counsel with drafting procurement agreements, oil field service agreements and assisting with private equity M&A transactions.


Experience:

  • Director/Morae Legal Corp. -  September 2015 thru Present
  • Oil and Gas Contract Negotiator for various O & G Production and Exploration Companies
  • Senior Attorney/Marathon Oil Corp. - May 2004 thru February 2015
  • In-house General Counsel responsible for managing general legal issues and private acquisitions for domestic and international asset subsidiaries



Reviews

JH
John H.

This presenter is great. Does a wonderful job of summarizing his topics and boiling issues to easily understandable portions.

JY
Jonathan Y.

Thank you for a solid presentation.

KS
Kevin S.

Good program - would have liked a little more on how some of these provisions are negotiated rather than generally what the form says, but I understand the time limitations on the program.

PH
Peter H.

Good basics of JOAs

BG
Brenda J. G.

Very informative presentation. It was an area that I was unfamiliar with. In the future, please mention what AAPL is. I had to look it up on my cell phone as I did not see what this acronym was in the materials.

SD
Shena D.

Dave's presentation of the material was easy to comprehend. Thank you!

AM
Antoine M.

Excellent presenter and moderator, good information

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$59

$ 59 Business, Corporate, & Securities Law and Oil, Gas, & Energy Law In Stock

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