Structuring Exploration Deals
This course should be of particular benefit to landmen, geologists, geophysicists, engineers, bankers, accountants, and managers at all levels.
"Structuring Exploration Deals" details aspects of contracts with special emphasis on tax and economic implications of alternative deals. The objective of this class is to provide detailed coverage of the various contracts used in making exploration deals and present the tax and financial advantages and pitfalls of alternative deals.
Particular attention will be paid to exploration agreements, AMIs, Farmouts and JOAs. We will also consider the impact of Carried Interests and how they impact deal structure. We will utilize a workshop and lecture approach to better understand negotiations and how to vary deal terms to maximize the value for both parties. Methods to improve Net Revenue Interest and the impact on metrics such as Net Present Value, Internal Rate of Return, Payout, Discounted Payout and Profitability Index will be discussed.
Eligible for AAPL recertification credits.
Dr. Patrick Fitzgerald, Ph.D., Ed.D., J.D.
Dr. Patrick Fitzgerald is Senior Partner in the law firm Fitzgerald & Associates with offices in Dallas and Oklahoma City where his practice includes various areas of law related to the oil and gas industry. He is "of counsel" with a Denver law firm specializing in Oil and Gas Law. Concurrently, he is a Distinguished Visiting Industry Expert in Energy Management and Petroleum Land Practices in the Daniels College of Business at the University of Denver. He is also a Visiting Scholar in Finance in the Price College of Business at the University of Oklahoma and a Lecturer in Energy Finance with the University of Colorado Denver. At Texas Christian University, he is a Distinguished Scholar and Expert with the Energy Institute. He teaches various land management courses for the University of Texas at Austin and is an Affiliated Scholar in the Center for Global Energy, International Arbitration and Environmental Law at The University of Texas School of Law. He also teaches for the McGuire Energy Institute in the Cox School of Business of Southern Methodist University and for the American Association of Petroleum Landmen. Dr. Fitzgerald is the author of several soon to be published "must have" texts soon to be published by the American Association of Petroleum Landmen (AAPL) where Fitzgerald is a regular contributor to Landman.
|G061132Q||Dec 5||8:30 am - 4:30 pm|
|Midland College PPDC Building|
|Registered: 2||7.0 Hours|