2 Day Course on Joint operating Agreements 2015

The JOA is the single most important upstream agreement. It governs the relationship of oil and gas companies to one another. Through this detailed and elegant contractual arrangement, oil and gas companies explore for, develop, and produce hydrocarbons, often expending hundreds of millions or billions of dollars, while allocating potential liabilities in an equivalent amount. This course will give the participant the requisite insight and information to better understand how to draft, interpret, and utilize the JOA (along with the Accounting Procedure).