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Successful Farmins and Farmouts: For International Oil & Gas Professionals
Contributor(s): Waghorn, David (Author), Cockcroft, Peter (Author)
ISBN: 1978491158     ISBN-13: 9781978491151
Publisher: Createspace Independent Publishing Platform
OUR PRICE:   $23.74  
Product Type: Paperback
Published: October 2017
Qty:
Additional Information
BISAC Categories:
- Business & Economics
Physical Information: 0.37" H x 5.98" W x 9.02" (0.53 lbs) 158 pages
 
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Publisher Description:
Successful Farmins & Farmouts describes in detail all the information an oil and gas professional needs to complete a successful farmout or farmin of projects ranging from early exploration opportunities through to mature producing fields. The book includes a detailed checklist for data room managers and attendees, as well as a description of common pitfalls for both potential buyers and sellers. Key elements of the crucial Joint Operating Agreement, central to a successful farmin/farmout, are discussed with recommendations on how to draft an efficient and robust contract. A review of the economics of farmouts & farmins includes a method to determine the optimal risked percentage, with worked examples, at which to farmout or farmin to a petroleum opportunity.