Articles

Land Asset Management – Dissolutions, Receiverships, and Missing Lessors Presentation - November 6th, 2012

On October 16, 2012 Tracey Stock gave a lunch’n learn presentation to The Canadian Association of Petroleum Land Administration (CAPLA) on Land Asset Management – Dissolutions, Receiverships, and Missing Lessors. Video of the presentation is available below for viewing. In addition, slides from the presentation are available to view from the CAPLA web site.

Categories : Business Practises, Land A&D, Oil & Gas

Well Allocation Agreements Presentation Slides - May 16th, 2012

During the 2012 CAPLA Conference in May, Tracey Stock gave a presentation on Well Allocation Agreements. The slides from the presentation are now available for viewing from the link below.

Categories : Land A&D, Legal Counsel, Oil & Gas

Trust Agreements and Trust Declarations - July 19th, 2011

Trust agreements and trust declarations are some of the most common business tools being used in the Canadian oil and gas industry. However, many people drafting, executing, and administering these tools are not aware of their importance and the best practices for their use. This article will shed a bit of light on key issues about trusts from the land perspective. READ MORE

Categories : Agreements, Business Practises, Land A&D, Legal Counsel, Oil & Gas

Current Issues on Rights of First Refusal - October 22nd, 2008

At summer camp I remember singing “Michael, Row the Boat Ashore,” in endless rounds as the orange glow of the crackling fire lit the night while we kids were safely seated so far away from the conflagration that we felt no heat and mostly spent the night swatting mosquitoes, shivering, and yearning for the torture to end. Amid these sweet memories I recall that a fireside buddy once asked me, “Where’s Michael rowing?” and I quickly answered, “Fer shore dummy, he’s rowin’ fer shore.” Years later, as a newbie evaluations engineer in the oil patch, I was asked if there were any “row fer’s” on some land. I was very confused. “Row ‘fer?” The first thing I thought of was Michael’s endless row fer shore to get to that milk and honey on the other side, or sometimes to meet someone’s mother.

Now, I’ve at least got the name sorted. Turns out that “row fer” has nothing to do with Michael’s quest for milk and honey, or anybody’s mother. It’s all about rights of first refusal, or “ROFR’s” as folks in the business like to say. READ MORE

Categories : Business Practises, Land A&D, Oil & Gas

The Little Land System ® - April 14th, 2008

Finding ways to cut costs and remain competitive are important challenges for small business owners, especially in the oil and gas industry. Managing land information efficiently is the key to capitalizing on business opportunities and is best done with specialized computer software. The price of most of the products on the market, however, is prohibitively high for junior explorers and producers. Because of this lack of viable software options, these small companies are forced to choose between trying to come up with the funds for these expensive programs in the hopes that they will “grow” into them, or trying to keep track of important land information using basic spreadsheets. In order to provide an affordable alternative for small companies, Tracey Stock and his associates Debbie Degenstein, Rory McGuire, and Moya Little have designed The Little Land System ®, a product of Enermatix Consulting Inc. This new system is now available, but will be formally launched on March 19, 2008, at a presentation being held at the Chamber of Commerce, and provides an exciting new alternative for small businesses that need to manage oil and gas land information. READ MORE

Categories : Business Practises, Land A&D, Oil & Gas

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