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Who should attend Contract Negotiation And Preparation In The Oil And Gas Industry: Drafting Complete And Unambiguous Contracts In Louisiana
This seminar is designed for attorneys, paralegals and legal staff, landmen, contract negotiators and their staff.
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Contract Negotiation And Preparation In The Oil And Gas Industry: Drafting Complete And Unambiguous Contracts In Louisiana  

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This seminar is designed for attorneys, paralegals and legal staff, landmen, contract negotiators and their staff.

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Seminar Summary:

This program is designed to assist attorneys, landmen, contract negotiators and their staff to develop complete, unambiguous written contracts from agreements and understandings reached during the negotiation phase of the deal. (see full course description)

 
 

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Training Course Syllabus:


This program is designed to assist attorneys, landmen, contract negotiators and their staff to develop complete, unambiguous written contracts from agreements and understandings reached during the negotiation phase of the deal. Our faculty will discuss usage of forms, strategies for addressing complex issues, identifying loopholes in the document, and how to prevent future litigation.

Common agreements in the oil and gas industry, including bid agreements, confidentiality agreements, non-compete agreements, farmout agreements, operating agreements, platform use agreements, production handling agreements, master service agreements and indemnity agreements, will be used to enhance attendees practical understanding of these issues.


9:00 a.m. - 10:00 a.m.

I. Overview – From The Negotiation Of The Deal To Production Of The Oil And Gas Lease

A. General Principles

B. Fundamentals Of Drafting Agreements

C. Interplay Between Form Agreements, Key Terms, Definitions And Other Provisions

D. Agreements Involved In The Oil And Gas Industry

10:00 a.m. - 10:50 a.m.

II. Principles Of Negotiations

A. Role Of The Oil And Gas Negotiator

B. Louisiana Contract/Commercial Law And The Formation Of The Deal

C. Letters Of Intent And Bid Agreements

D. Tactics, Techniques And Strategies: Pre And Post Negotiation Phases

10:50 a.m. - 11:05 a.m.

Break

11:05 a.m. - 12:00 p.m.

III. Confidentiality Agreements And Non-Compete Agreements

A. Purposes

B. Trade Secrets

C. Protecting Proprietary Information/Data

D. Contractual Remedies

E. Negotiating And Drafting The Agreements And Forms Of Agreements

12:00 p.m. - 1:00 p.m.

Lunch (On Your Own)

1:00 p.m. - 2:15 p.m.

IV. Participation Agreements, Farmout Agreements And Purchase And Sale Agreements

A. Purposes

B. Form Contracts – Pitfalls To Avoid

C. Preventing Future Litigation

D. Negotiating And Drafting Key Terms, Provisions And Agreements

2:15 p.m. - 2:30 p.m.

Break

2:30 p.m. - 3:30 p.m.

V. Joint Operating Agreements, Platform Use Agreements, Production Handling Agreements And Master Service Agreements

A. Purposes

B. Form Contracts – Pitfalls To Avoid

C. Preventing Future Litigation

D. Negotiating And Drafting Key Terms, Provisions And Agreements

3:30 p.m. - 4:30 p.m.

VI. Ethical Considerations

Seminar Summary:

This program is designed to assist attorneys, landmen, contract negotiators and their staff to develop complete, unambiguous written contracts from agreements and understandings reached during the negotiation phase of the deal. (see full course description)

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