The agenda for this one day workshop is:
- WI and NRI
- Farmout Calculations
- JOA Non-Consent
- Excess Royalties
This workshop is intended to equip Land Professionals with elementary skills for Working
Interest and Net Revenue Interest calculations. Instruction is limited to NRI and WI calculations
which may be found in leases, assignments, operating agreements and associated documents.
This one-day workshop will begin with simple examples and progress towards complex
examples, teaching the fundamental calculations for Royalties, ORRIs, Net Revenue Interests and Working Interests. After attending this workshop, you will understand the fundamental
progressions and calculations of WI & NRI as an unleased mineral interest becomes leased and progresses to become part of a producing tract, oil unit, gas unit, and field-wide unit; learn the consequences of changing WI & NRI for Leases, Assignments, Unitizations, Farmout BPO/APO scenarios and JOA Non-Consent Penalties and examine [time permitting] Beneficial Interests.
Interest and Net Revenue Interest calculations. Instruction is limited to NRI and WI calculations
which may be found in leases, assignments, operating agreements and associated documents.
This one-day workshop will begin with simple examples and progress towards complex
examples, teaching the fundamental calculations for Royalties, ORRIs, Net Revenue Interests and Working Interests. After attending this workshop, you will understand the fundamental
progressions and calculations of WI & NRI as an unleased mineral interest becomes leased and progresses to become part of a producing tract, oil unit, gas unit, and field-wide unit; learn the consequences of changing WI & NRI for Leases, Assignments, Unitizations, Farmout BPO/APO scenarios and JOA Non-Consent Penalties and examine [time permitting] Beneficial Interests.
For registration, go to the AAPL website or use this AAPL form.
This course will be repeated the next day, Nov. 2, as well.