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Negotiating Oil and Gas Leases : A Book for Land Owners by Mike May (2011, Trade Paperback)
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Author: May, Mike Title: Negotiating Oil And Gas Leases Cover: Trade Size Paperback Investors Publishing, Date: 2012 Edition: First Edtion Size: 8vo 8" - 9" tall Pages: 257 Book: Fine Topic: Oil And Gas Notes: Black and white trade size paperback.
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About this product
Product Identifiers
PublisherAdvisors Press
ISBN-100615437486
ISBN-139780615437484
eBay Product ID (ePID)116802202
Product Key Features
Book TitleNegotiating Oil and Gas Leases : a Book for Land Owners
Number of Pages270 Pages
LanguageEnglish
Publication Year2011
TopicIndustries / Energy
FeaturesLarge Type
GenreBusiness & Economics
AuthorMike May
FormatTrade Paperback
Dimensions
Item Height0.6 in
Item Weight16.7 Oz
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceTrade
Edition DescriptionLarge Type / large print edition
SynopsisNegotiating Oil and Leases: A Book For Land OwnersChapter 1: Introduction and Definitions,Definitions in Oil and Gas Law,Oil and Gas Lease,Mineral Interest,Mineral Interest Implied Easement, Mineral Interest Incidents, Surface Interest, Sovereignty,Severability, Leasehold Interest, Royalty Interest, Overriding Royalty Interest (ORRI), Enforceability of a Contract, Key Definitions of Terms in Oil and Gas Leases,Royalty, Primary Term, Lease Bonus,Delay Rental.Chapter 2: Goals and Strategies When Negotiating an Oil and Gas Lease,Two Kinds of Oil Companies, Do-Nothing-For-the-Next-Several-Years Oil Companies,Drill-or-Shoot-Seismic-In-12-Months-Or-Less Oil Companies,Do-Nothing-For-the-Next-Several-Years Oil Companies,Not Picky,Land Speculators,The Herd Mentality,Drill-or-Shoot-Seismic-In-12-Months-Or-Less Oil Companies,How do I know what kind of Oil Company I'm dealing with?How do I negotiate with any given company?Strategy for Do-Nothing-For-the-Next-Several-Years Companies,Strategy for Drill-or-Shoot-Seismic-In-12-Months-Or-Less Oil Companies,An Offer to Go Forward in Baby Steps,Make Finding Partners and or Capital Easy,12 Months is Plenty of Time,Seismic,Royalty. Chapter 3: Oil and Gas Leases Clause-by-ClauseMineral Interest,Mineral Interest Implied Easement,Mineral Interest Incidents,Surface Interest,Sovereignty,Severability,Leasehold Interest,Royalty Interest,Overriding Royalty Interest,Oil and Gas Leases,Enforceability of a Contract,Key Clauses in Oil and Gas Leases,Granting Clause,Mother Hubbard Clause,In Gross Provision,Term Clause (Habendum Clause),Dry Hole & Cessation of Production Clauses,Rental Clause,Royalty Clause,Shut-in Royalty Clause,Pooling Clause,Proportionate Reduction Clause,Surrender Clause,Surface Rights Clause,Unitization Clause,Example Oil and Gas Lease.Chapter 4: Questions to Ask Before You Sign an Oil and Gas Lease,What land tract or tracts are included in this lease? What is the gross acreage that will be assumed to be covered by this lease? What substances are covered by the lease? How long is the Primary Term of the lease? How can the lease be extended beyond the primary term? Are delay rentals due during the primary term?What happens if the oil company drills a dry hole? Is this a Paid-Up Lease or is there a rental clause? What is the Royalty? Is there a Shut-In Royalty Clause? Is there a Pooling Clause? Is there a Surface Rights Clause?Is there a Unitization Clause? Is there a Pugh Clause? Glossary of Oilfield Terms,Oil and Gas Web Sites,About the Author.
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