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Protecting a Non-Operator’s Interest when Negotiating a JOA


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Category:
Institute for Energy Law |  Transactions
Faculty:
Keith B. Hall |  Miles Prillaman
Duration:
60 Minutes
Format:
Audio and Video
Original Program Date :
Oct 30, 2019
License:
Access for 6 month(s) after purchase.



Description

Non-operators and the operator share revenue and liabilities, they also have distinct interests.  This webinar will discuss the issues that non-operators should consider addressing in a joint operating agreement, including

  • Exculpatory clause language
  • Assignments by the operator
  • Change in control of operator
  • Removal and replacement of operator
  • Potential limits on the pace of development
  • Parties’ right to information and access

Credits


MCLE Credit has expired.

Although MCLE credit was previously obtained for this program in at least one jurisdiction (most likely Texas), such credit has expired and not been renewed by The Center for American and International Law. You may be able to obtain credit in certain jurisdictions (self-study credit), but the rules vary greatly by jurisdiction. Please review your jurisdiction’s MCLE rules and regulations before purchasing or viewing this program.



Handouts

Faculty

Keith B. Hall's Profile

Keith B. Hall Related seminars and products: 2

Campanile Charities Professor of Energy Law and Oliver P. Stockwell Professorship Director of the Energy Law Center; Director of the Mineral Law Institute; Professor of Law

LSU Paul M. Herbert Law Center


Keith B. Hall is Director of the Mineral Law Institute and the Campanile Charities Professor of Energy Law.  He teaches Mineral Rights, Advanced Mineral Law, International Petroleum Transactions, and an Energy Law Seminar that focuses on environmental issues relating to energy industries.  His publications have focused on oil and gas leases, pooling and unitization, hydraulic fracturing, induced seismicity, and the management of produced water.  He is co-author of one of the two national casebooks on oil and gas law and also is co-author of a book on the legal issues relating to hydraulic fracturing.  He is a frequent speaker at national and international oil and gas, energy, and environmental law conferences, and is a contributing co-author to the forthcoming new edition of the leading textbook on international petroleum transactions.  In addition to teaching at LSU, he has taught energy law classes as a visiting professor at Baku State University in Azerbaijan and as an adjunct professor at Loyola School of Law.  Before joining the LSU Law Center, he was a member of the firm Stone Pigman Walther Wittmann in New Orleans, where he practiced law for 16 years, with a focus on oil and gas litigation and transactions, environmental law, and toxic tort litigation.

Professor Hall is a member of the Board of Editors for the Oil & Gas Reporter, the Board of Trustees for the Rocky Mountain Mineral Law Foundation, the Advisory Council for the Institute for Energy Law, and the Board of Trustees for the Energy & Mineral Law Foundation.  He is a former Chair of the Louisiana State Bar Association's Environmental Law Section and former Chair of the Oil & Gas Committee of the ABA Section of Environment, Energy and Resources.  He serves on the Louisiana Law Institute’s Water Law Committee and is a registered professional engineer.


Miles Prillaman's Profile

Miles Prillaman Related seminars and products: 1

Executive Counsel

Exxon Mobil Corporation


MILES PRILLAMAN is an attorney with Exxon Mobil Corporation, currently serving the ExxonMobil Development Company in Spring, Texas.  He works primarily with upstream oil and gas matters. Starting in 1986, Mr. Prillaman has worked for ExxonMobil divisions and affiliates in Houston and Midland, Texas; New Jersey; and Malaysia. Mr. Prillaman is a former officer and director of the Association of International Petroleum Negotiators (AIPN) and a current member of AIPN’s Model Contracts Review Committee.


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