Successful Farmins and Farmouts: For International Oil & Gas Professionals Contributor(s): Waghorn, David (Author), Cockcroft, Peter (Author) |
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ISBN: 1978491158 ISBN-13: 9781978491151 Publisher: Createspace Independent Publishing Platform OUR PRICE: $23.74 Product Type: Paperback Published: October 2017 |
Additional Information |
BISAC Categories: - Business & Economics |
Physical Information: 0.37" H x 5.98" W x 9.02" (0.53 lbs) 158 pages |
Descriptions, Reviews, Etc. |
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. |