Sentences with word «farmout»

Falcon have tied the whole basin up and achieved the biggest farmout deal onshore Australia with a total commitment of A$ 200m from Hess.

Trial counsel for large energy company in a lawsuit tried in Webb County, Texas involving claims for breach of farmout agreement and royalty disputes, and obtained favorable judgment on all claims

Alternatively, if we derive a valuation based on Tullow's own deal - making skills, the 519 mio boe Uganda farmout is worth $ 2.9 bio, which implies a value of $ 8.4 bio on its total reserves / resources, and that's before net debt!

-- they have farmouts with NIS / Gazprom in the Mako Trough in Hungary FULLY CARRYING them for 3 wells and have other horizons which are not farmed out.

Successfully represented BHP Billiton and DEA Deutsche Erdoel to secure working interests in Pemex's first - ever deep water and onshore farmouts.

You may well be right here specifically with PCI, farmouts certainly are often a smart way to move forward, it will be interesting to see developments.

A frequent author and speaker on oil and gas topics, Mr. Sweeney has written Oil and Gas Joint Operating Agreements: A Comparative World - wide Analysis, a comprehensive book on worldwide oil and gas operating agreements, as well as another on worldwide farmout, participation and similar agreements.

- Lead trial and appellate counsel in obtaining and upholding complete defense jury verdict against claim for more than $ 90 million in oil and gas farmout contract damages.

SUMMARY: I am a multifaceted highly skilled and well versed Juris Doctor with experience in petroleum land management, upstream oil & gas transactions, due diligence, regulatory compliance, negotiating, drafting, negotiating and reviewing complex contracts and agreements such as farmouts, Joint Operating Agreements, leases, commercial contracts et al..

Obtained favorable settlements for oil and gas operators and working interest owners in cases involving breach of gas contracts, gas balancing agreements, farmout agreements, breach of oil and gas leases, drainage, breach of implied covenants, and contractual claims.

It has 152.7 mio boe of Proved Reserves (assuming a 50:50 Proved / Probable split) I value at $ 10 per boe, another 152.7 mio boe at $ 5 per Probable boe, and 684.6 mio (post Uganda farmout) boe at $ 2.50 per Contingent Resource boe.

Perth - based Victoria Petroleum NL plans to test its New Caledonia gas play in September by drilling a well, subject to a farmout of equity.

I'm encouraged by the emphasis on replacing reserves (er, lost in the farmout!)

My preferred approach is balance sheet / reserves based: Tullow has $ 403 mio of cash, plus $ 72 mio from its Ghana offering, less $ 89 mio for EO purchase, an expected $ 2.9 bio from its Uganda farmout, less $ 405 mio net 1 year cash burn, less $ 3.1 bio of debt / derivatives.

Historic spend in the past is no guide to spend for the future, and where each farmout reduces PCI's pro rata spend, and increases its cash

Mr. Sweeney has played a key role advising on U.S. and international operational matters and projects, spanning more than 30 countries worldwide, including joint and unit operating agreements; joint development agreements; farmouts, farmins and other joint ventures and participation arrangements; and gathering, transportation, processing, production handling and similar midstream and downstream agreements.

Over the course of his career, Darin has worked on lease priority disputes, surface use agreements, farmout agreements, joint operating agreements, unit operations, royalty disputes, drilling contracts, joint interest accounting, NEPA compliance, and various other aspects of oil and gas operations in the Rockies, in addition to general commercial litigation.

Representation of a U.S. independent oil and gas company in connection with its exploration, development and production agreements, including oil and gas leases, farmin and farmout agreements, joint operation agreements, and drilling contracts.

Nigel Bankes, When does a «participant» earn under the terms of a farmout and participation agreement?

Mr. Bennett assists clients with development and structuring of upstream and midstream investments and joint ventures, including in respect of project development agreements, joint development agreements, participation agreements, farmouts, production sharing arrangement and acquisitions of interests in oil and gas and midstream properties and LNG, pipeline and other energy projects.

Ecuador sought to justify the contract termination on the allegation that Occidental several years earlier had failed to obtain government consent for a farmout arrangement that gave a 40 % economic interest in Block 15 to another company.

Prepared, reviewed, and revised legal contracts for the development and production of oil and gas: operating, farmout, unit, and confidentiality agreements; oil and gas leases; and assignments of leasehold interest.