Who:

This seminar (although valuable to persons at all levels) is targeted for more senior industry personnel.

The seminar is suitable for personnel in all aspects of the oil and gas business, especially, those involved in the acquisition and administration of oil and gas lands, leases and other interests, as well as those involved in the negotiation, drafting, interpretation and application of the various contracts used in the industry.

The seminar will be of special interest to Managers/Supervisors who want to be brought up-to-date on current issues and recent developments in oil and gas law.

What:

This seminar will review the manner in which courts have dealt with selected issues in oil and gas law; illustrate the effect of the said decisions on the everyday practices and procedures of the industry; demonstrate how to identify similar problems in the future; provide practical suggestions on how to avoid or resolve the said legal issues; and, most importantly, explain the rationale behind the said decisions and recommendations.  

Day 1

The first day of the seminar will focus on the nature, characteristics and enforceability of an "interest in land" as opposed to a "contractual right", the legal and practical issues with respect to privity of contract and estate in Assignment, Assumption, Novation and Sub-lease Agreements; the characterization of Overriding Royalties; Gross Royalty Trust Agreements: Surrender/Re-Assignment Clauses in GORR Agreements; royalty calculation issues, etc.

Day 2

The second day of the seminar will focus on legal issues with respect to the CAPL Operating Procedure, and on decisions interpreting various clauses of the same, e.g., AFEs; Rights, Duties and Authority of Operator; Replacement of Operator; Nature and Scope of Operator's Liability; Ownership and Disposition of Production; Independent Operations; Indemnification vs. Absolute Liability; Force Majeure; Prohibition on Assignment; Rights of First Refusal; Time of Essence; Satisfaction in the Sole and Absolute Discretion of a Party, etc.

Registration Fee includes beverages and snacks.

Instructor(s):

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

Mr. Sychuk taught Oil and Gas Law for 22 years at the Universities of Alberta and Saskatchewan. He also taught Land Titles, Company Law, Real Property Law and Contracts.

Mr. Sychuk practiced law for 24 years and was a member of the Law Societies of Alberta, Saskatchewan and the Northwest Territories. His principal area of expertise was the negotiation, drafting, interpretation and litigation of contracts used in the oil and gas industry, but he acted as Counsel, Advisor, Consultant, Expert Witness and Arbitrator on a myriad of oil and gas law issues. His expertise in oil and gas law has been recognized internationally.

During that time, 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 at The University of Calgary. He has also conducted extensive "in-house" seminars for oil and gas companies and for government departments.

Schedule:

Main Event: 2010-03-10 08:30:00 - 2010-03-10 16:30:00

Main Event: 2010-03-24 08:30:00 - 2010-03-24 16:30:00