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The Law of Pooling: Voluntary and Compulsory

November 15, 2010

Time: 08:30 - 16:30
08:30:00
Location:

Who:

The seminar is suitable for personnel in all aspects of the oil and gas business, but, is specifically targeted to those dealing with Compulsory Pooling issues, and, those involved in the negotiation, drafting, interpretation and implementation of industry Pooling Agreements.

What:

The seminar is an intensive and detailed study of the Alberta Law of Pooling, which will focus on fundamental concepts and basic principles; emphasize the legal, practical and business consequences thereof; and provide insight and guidance on how to identify, analyze and resolve problems arising therefrom. The seminar will not only increase the knowledge and understanding of the registrants but it will also advance and hone their practical expertise and skills.

A. Introduction

Pooling distinguished from unitization; when, why and how is pooling/unitization necessary, required or desirable; conservation or "Joint Venture"; cross or non cross-conveyancing; divided versus undivided interests; voluntary as opposed to compulsory; the legal effect of pooling/ unitization; horizontal or vertical separation (Pugh Clause).

B. Voluntary Pooling

A review and study of case law with respect to pooling that have been dealt with by the Courts, including the effect of a Top Lease on a Lessee's ability to pool or unitize; an examination of the provisions of pooling clauses in Freehold PNG Leases; the special Legislative provisions and problems of pooling Crown Leases.

C. Compulsory Pooling

A review of the compulsory pooling provisions provided in the Oil and Gas Conservation Act; an in-depth explanation and analysis of selected compulsory pooling decisions to illustrate and exemplify the manner in which the statutory provisions are interpreted and applied by the ERCB.

D. Voluntary Pooling Agreements

An analysis of the provisions of a voluntary industry pooling agreement in the context of the above discussed fundamental concepts and basic principles of the Law of Pooling.

Registration Fee includes beverages and snacks.

Instructor(s):

Maurice J. Sychuk, B.A., LL.B., M.C.L., Q.C.

Mr. Sychuk put on numerous seminars on Oil and Gas Law, Land Titles Law, Oil and Gas Contracts, Pooling, Unitization, Real Property, Dower, etc., for the CAPL and the Division of Continuing Education of the University of Calgary.  He has also conducted extensive "in house" seminars for oil and gas companies and for government departments.

Schedule:

Main Event: 2010-11-15 08:30:00 - 2010-11-15 16:30:00

Main Event: 2010-11-22 08:30:00 - 2010-11-22 16:30:00