Who:

This course is intended for any land personnel requiring a better understanding of the 1997 CAPL Farmout and Royalty Procedure and the associated 1997 CAPL Overriding Royalty Procedure.  Given the commonality on the operative provisions of the two documents, the review of the Overriding Royalty Procedure focuses on the major differences between the handling of ORRs relative to that in the Farmout and Royalty Procedure.  The instructor will also refer to contemplated changes in the pending update to the 1997 documents.

What:

Jim MacLean will take participants through the document providing explanation for certain clauses and issues that may arise out of using the document. The second day sees the participants working through case studies with a "hands-on" approach in small groups.

Registration Fee includes beverages and snacks.

Instructor(s):

Jim MacLean

Jim MacLean is Manager, Mineral Land Asset Management at Talisman Energy.  He has a broad range of experience from his more recent consulting practice and his prior assignments with Chevron in Frontier, conventional Western Canadian negotiations, Acquisitions and Divestitures, Planning and as Manager, Land.  He is also a graduate of Dalhousie Law School.

He has worked directly on a number of industry standardization and work process improvement initiatives, and has been the principal draftsman of a number of industry documents. These include: (i) the 2007 and 1990 CAPL Operating Procedures; (ii) the 1997 CAPL Farmout & Royalty Procedure; and (iii) the 2000 CAPL Property Transfer Procedure. He has also been an instructor at CAPL courses on the Operating Procedure, the Farmout & Royalty Procedure and A&D/the Property Transfer Procedure for a number of years.

Schedule:

Main Event: 2010-05-04 08:30:00 - 2010-05-04 16:30:00

Workshop: 2010-05-05 08:30:00 - 2010-05-05 04:30:00