Agenda

Registration:                    8:00 – 8:30 am

Morning Session:             8:30 am – 12:15 pm

Lunch (On your own):       12:15 – 1:15 pm

Afternoon Session:           1:15 – 4:30 pm

Operating Agreements and Model Forms

   Examining parties and interests involved

   Process for developing oil and gas wells

   Reviewing other agreements involved in the development process

      • Exploration agreements

      • Participation agreements

   Historical development of American Association of Professional
     Landmen’s (AAPL) Model Form Operating Agreement 610 (1989)


Reviewing the 1989 AAPL Model Form Agreement

   When to use the form

   Interests, expenditures and liability of parties

   Title issues

   Operator

   Acquisition, maintenance or transfer of interest

   Claims and lawsuits

   Force majeure

   Notice and terms of agreement

   Compliance with laws and regulations

   Exhibits


Additional Article 16 Provisions

   Dispute resolution

   Bankruptcy

   Billing of additional interests

   Horizontal drilling

Reviewing Exhibits to Agreement

   Contract area

   Leases

   Account procedures

   Insurance

   Tax partnership and IRS election

   Other exhibits


Handling Ethical Issues in Oil
and Gas Exploration and Production

   Conflicts of interest

   Gifts

   Confidentiality

   Maintaining accurate records

Credits

Attorneys
     6.5 Texas CLE Hours (1.0 Ethics)
     6.5 TBLS Hours:
        Administrative Law
        Civil Appellate Law
        Civil Trial Law
        Oil, Gas and Mineral Law
        Real Estate Law

Professional Engineers
     6.5 CE Hours (1.0 Ethics)

Landmen
     6.5 AAPL CE Hours

Paralegals
     6.5 CLE Hours
        Civil Trial Law
        Real Estate Law

Continuing Education Credit Information

This seminar is open to the public and is approved for 6.5 CLE hours, including 1.0 ethics hour, for Texas attorneys. The Texas Board of Legal Specialization has awarded 6.5 hours in the areas of Administrative Law, Civil Appellate Law, Civil Trial Law, Oil, Gas and Mineral Law, and Real Estate Law.

This seminar offers 6.5 PDHs, including 1.0 ethics hour, to Texas professional engineers.

The American Association of Professional Landmen has approved this program for 5.5 RL, RPL or CPL recertification credits,1.0 ethics credit, and no CPL/ESA credits.

The Texas Board of Legal Specialization has approved this course for 6.5 Civil Trial Law and 6.5 Real Estate Law CLE credits for Texas paralegals.

Attendance will be monitored and reported, as required. Attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.

Speakers

Edward Wilhelm

Wilhelm Law Firm

Wilhelm Law FirmMr. Wilhelm is licensed to practice law in Texas, Louisiana, and North Dakota. Mr. Wilhelm focuses his practice on oil and gas law, probate, wills and estate planning, commercial litigation, and representation of foreign businesses that invest in oil and gas activities. His oil and gas work focuses on the real estate side (oil and gas title examinations, acquisitions and divestitures of oil and gas interests, due diligence, and commercial negotiations). Prior to becoming a lawyer, Mr. Wilhelm worked as a petroleum landman in over 15 Texas counties. Mr. Wilhelm earned his J.D. degree from the Tulane University Law School in New Orleans.