points of interest president’s letter · volume 16, issue 3 march 2018 president’s letter new...

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VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11 Mar Education Luncheon 12 Monday Night Meeting 13,14 OU 60th 15 HAPL Workshop 16 AAPL Education 17 I love this time of year. March Madness, St. Patrick’s Day, Spring Break, The Masters and other glorious events such as the OCAPL Golf and Fishing Tournaments are either occurring or will be occurring in the near future. We know that the coldest months are behind us and warmer weather and days spent outside can begin again. March is a relatively slow month for OCAPL as we move past the beginning of the year hustle and bustle and start preparing for the large events to occur in April and May. Looking forward, the Golf and Fishing Tournaments and the Field Land Seminar are three of our largest events held each year and we look forward to hosting these events again in the next 60 days. Not to be forgotten, our last Educational Luncheon and Monday Night Meeting until September will take place on April 2nd. Keith Needham is our guest speaker at the April Luncheon and his topic, Production in Paying Quantities, should align well with the discussion that was had at our March Luncheon, Deduction of Post Production Expenses. Our Monday Night Meeting in April will welcome our annual visit from the AAPL President. This year David Miller has the honor of serving as AAPL President and I know his discussion and updates from AAPL will be engaging for our audience. Please RSVP early and I look forward to seeing everyone at these great events. Looking back, a huge shout out to Eli Kiefaber and Kate Richard for speaking at our March 5th Luncheon and Monday Night Meeting. I have witnessed Eli, Kiefaber and Oliva LLP, give several educational discussions and they are always valuable and provide good lessons learned. Kate, Warwick Energy Group, spoke to the largest Monday Night Meeting audience that I have seen in many years and she did not let them down. Her discussion around the current macro and micro economic environment of the oil and gas industry was outstanding. The slides from both discussions can be found at OCAPL.org under past events. As always, please refer to the following pages for the Calendar of Events that details the upcoming events and dates. Thank you to all of our sponsors who help make this organization a great one. Looking forward to seeing everyone again soon. Sincerely, Matt Beavers 2018 OCAPL President Points of Interest

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Page 1: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 1

VOLUME 16, ISSUE 3 MARCH 2018

President’s Letter

New Members 3

Questions from the Field 4

Industry Affairs 5-9

Fishing Tournament 10,11

Mar Education Luncheon 12

Monday Night Meeting 13,14

OU 60th 15

HAPL Workshop 16

AAPL Education 17

I love this time of year. March Madness, St. Patrick’s Day, Spring Break, The Masters and other glorious events such as the OCAPL Golf and Fishing Tournaments are either occurring or will be occurring in the near future. We know that the coldest months are behind us and warmer weather and days spent outside can begin again. March is a relatively slow month for OCAPL as we move past the beginning of the year hustle and bustle and start preparing for the large events to occur in April and May.

Looking forward, the Golf and Fishing Tournaments and the Field Land Seminar are three of our largest events held each year and we look forward to hosting these events again in the next 60 days. Not to be forgotten, our last Educational Luncheon and Monday Night Meeting until September will take place on April 2nd. Keith Needham is our guest speaker at the April Luncheon and his topic, Production in Paying Quantities, should align well with the discussion that was had at our March Luncheon, Deduction of Post Production Expenses. Our Monday Night Meeting in April will welcome our annual visit from the AAPL President. This year David Miller has the honor of serving as AAPL President and I know his discussion and updates from AAPL

will be engaging for our audience. Please RSVP early and I look forward to seeing everyone at these great events.

Looking back, a huge shout out to Eli Kiefaber and Kate Richard for speaking at our March 5th Luncheon and Monday Night Meeting. I have witnessed Eli, Kiefaber and Oliva LLP, give several educational discussions and they are always valuable and provide good lessons learned. Kate, Warwick Energy Group, spoke to the largest Monday Night Meeting audience that I have seen in many years and she did not let them down. Her discussion around the current macro and micro economic environment of the oil and gas industry was outstanding. The slides from both discussions can be found at OCAPL.org under past events.

As always, please refer to the following pages for the Calendar of Events that details the upcoming events and dates. Thank you to all of our sponsors who help make this organization a great one. Looking forward to seeing everyone again soon.

Sincerely,Matt Beavers2018 OCAPL President

Points of Interest

Page 2: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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Apr. 2nd

Apr. 19th

Apr. 21st

Apr. 27th

May 5th

May 21st

Aug. 24th

Sep. 10th

Sep. 14-16th

Oct. 1st

Oct. 14th

Nov. 5th

Dec. 3rd

Educational Luncheon – Sponsored by Patriot Energy Development, LLC - Speaker - Keith Needham, The Needham Companies Topic – Production in Paying QuantitiesMonday Night Meeting – Presidents Night - Speaker – David W. Miller, AAPL President

Field Landman Seminar – Quail Creek Golf and Country Club

OU/EMSA Volunteer Event at The Urban Mission

OU 60th Anniversary of the Energy Management Program

Fishing Tournament – Lake Texoma

Golf Tournament – Oak Tree/Oak Tree National

Sporting Clays Tournament – Silverleaf Shotgun Sports

Educational Luncheon – Sponsored by Blue Star Land ServicesSpeaker – Dave Hampton, Hampton & Milligan Topic - TBDMonday Night Meeting – Social Meeting - No Speaker

Weekend Take Off – Beavers Bend

Educational Luncheon – Sponsored by Compass Land ResourcesSpeaker - Munson & McMillin Topic – Indian Title IssuesMonday Night Meeting – Speaker TBA

Fun Run - Wheeler Ferris Wheel Park

Educational Luncheon – Sponsored by Jackfork Land, Inc. Speaker – Wilson Busby, Continental Resources Topic - NegotiationsMonday Night Meeting – Awards Night

Christmas Party

*IF YOU WOULD LIKE TO BE A LUNCHEON SPONSOR OR SPEAKER, PLEASE CONTACT CLARKE RICHARDS AT [email protected]

*GO TO WWW.OCAPL.ORG TO REGISTER FOR EVENTS*

Page 3: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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Brian Clepp Allen & Associates, LLP [email protected]

* B. R. (Randy) Allen Allen & Associates LLP [email protected]

Connor Harris Arbuckle Resources [email protected]

* Bill Phillips Hunt Oil Company [email protected]

Garet Edwards Cutter Energy, LLC [email protected]

Billi Hall Summit Title Services [email protected]

Justina Daniel-Wariya Hartsfield & Egbert, PLLC [email protected]

* James Fleming Compass Energy Group [email protected]

Chris Caine Centennial Land Company [email protected]

* Lacey Craig Circle 9 Resources LLC [email protected]

Chad Voss Red Stone Resources, LLC [email protected]

* Brad Rice Paladin Land Group [email protected]

* Steve Hicks WPX Energy [email protected]

* Suzanne Bay Vernon L. Smith & Associates, Inc [email protected]

Julie Whitley High Spring Land Company [email protected]

* Wink Kopczynski III WK3 Properties, LLC [email protected]

* Kelyn Synatschk Marathon Oil Company [email protected]

Chip Dudley Dudley Interests, LLC [email protected]

Toby Fullbright Native Exploration Holdings, LLC [email protected]

* Mark Brown Camino Natural Resources [email protected]

* Sam Hamidi H&H Energy Partners [email protected]

* Brian Benson Western Land Services, Inc. [email protected]

* Joseph Tambunga Continental Land Resources [email protected]

David Toney Red Stone Resources LLC [email protected]

* Jenae Allert Gulfport Energy Corporation [email protected]

* David Dani Gulfport Energy Corporation [email protected]

* Arthur Medina PLM, LLC [email protected]

* Jesse Hargrave H&H Energy Partners, LLC [email protected]

Page 4: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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Questions from the Field

Timothy C. DowdELIAS BOOKS BROWN & NELSON

Q: After a lease has expired, may it be extended by a later in-strument? In our situation, after the expiration of the primary term, the lessor executed an amendment to the then expired Oil and Gas Lease, providing for a six year primary term instead of the initial three year primary term. Does this extend the Lease? – S.L.

A: It is the general rule of law that the primary term of an Oil and Gas Lease may be changed or extended by a valid agree-ment between the parties. The agreement is, in effect, a new lease or modification of an existing one and must satisfy the same re-quirements for validity. It must be executed with the same formali-ties as the original lease.

There is no material difference between an extension and a renewal of an Oil and Gas Lease. Tibbens v. Clayton, (E.D. Okla.). The lease may be extended by a supplementary agreement between the parties, if supported by valuable consideration. Papoose Oil Co. v. Swindler, (Okla.). Further, even if a lease has expired, it may be ratified and revived by the Lessor. Geodyne Energy Income Production Partnership I-E v. Newton Corp., (Tex.). There is also an

Questions from the FieldTimothy C. Dowd

ELIAS BOOKS BROWN & NELSON

Editor’s Note: Each month this column will be devoted to answering oil and gas title questions.

Q: I examined an Oil and Gas Lease dated July 1, 1984, covering tracts in Sections 1, 2, 3, 4, 5 and 6. I have also examined copies of Oklahoma Corporation Commission Completion Reports (Form 1002) for the Smith 1-1 Well drilled in the SE/4 and the Smith No. 2 Well located in the NE/4 of Section 1.

During the primary term of the lease, two wells were drilled on the lands in Section 1. The first well, which is denoted as the Smith 1-1 Well, was commenced on October 13, 1984 and drilled in the S/2 SE/4 (which is not part of the leased tract). The Smith 1-1 was completed in a formation, which was established as a 160-acre drilling and spacing unit for the SE/4.

A second well, denoted as the Smith No. 2 Well, was drilled in the NE/4 of Section 1 (part of the leased tract) on April 24, 1986, and completed in the Hartshorne formation. The Hartshorne formation has not been established as a drilling and spacing unit for the NE/4 of Section 1.

Does the drilling of the Smith 1-1 Well in a drilling and spacing unit of 160-acres cause the lease to terminate outside the SE/4? What is the impact of the Smith No. 2 Well Well on the extension of the Smith 1-1 lease?

A: Title 52 O.S. 87.1(b) recites: "In case of a spacing unit of one hundred and sixty (160) acres or more, no oil and/or gas leasehold interest outside the spacing unit involved may be held by production from the spacing unit not more than ninety (90) days beyond expiration of the primary term of the lease." (This statute is frequently described as the “Statutory Pugh Clause”).

Unfortunately, there is no case law and only one law review article that construes this statute and its impact on wells drilled. The only guidance is the wording of the statute. In this situation the oil and gas lease would not have been extended solely by virtue of production from the spacing unit and the well drilled in the SE/4, but the lease was

Oklahoma case where the parties have allowed that an agreement extending time for completing the well was valid in Franklin v. Empire Gas & Fuel Co.

Courts would likely hold that your lessor would be estopped from asserting the invalidity of the lease when they executed a supple-mental document reciting that the lease was in full force and effect.

Therefore, even if the underlying lease had expired by its own terms, if the Amendment shows the terms set forth, and the les-sor ratifies the lease using words of grant, then the lease can be extended. An analogy to this issue is that, frequently, a lease may not be valid because of execution defects. However, companies and title exam-iners frequently seek a ratification of the initial Oil and Gas Lease. If one could not revive or ratify a lease that was not in effect, then the action of ratifying the lease would have no effect.

I would advise that where the lessor uses words of grant, the amendment or later instrument should also recite that the prior lease is in full force and effect.

Note: If you have any title questions you want answered, email your questions to [email protected].

Bob Brock -CEO | Dan Dickensheet - PresidentMichael Brock -VP | Erica Shepherd-VP | Daniel Hemphill-VP

925 CEDAR LAKE BLVD | OKC, OK 73114405.840.5999 | jackforkland.com

title research – due diligence – leasing – division order analysis expert testimony – abstracting – right of way/surface agreements

curative – regulatory – seismic permits – GIS mapping

For over 30 years, Jackfork’s highly skilled landmen and results driven management team have delivered quality professional land services at a

reduced cost by critically assessing and organizing each project, designing a client-tailored and cost-effective strategy. We are founded in principle,

structured to be efficient and focused on delivering quality results.

Page 5: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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IEA raises global oil demand estimate for 2018HOUSTON, Mar. 1503/15/2018By OGJ editors

Global oil demand is expected to rise 1.5 million b/d to 99.3 million b/d in 2018, according to the International Energy Agency’s most recent Oil Market Report. This represents a 90,000-b/d increase compared with last month’s report.In the March OMR, oil demand of countries in the Organization for Economic Cooperation and Development has been revised up by 240,000 b/d in 2018, reflecting the impact of recent strong data and lower prices. Recent data show strong demand growth in Poland and Turkey. US demand also has been revised higher, reflecting the impact of low temperatures in January and February on gas oil demand and as lower prices are expected to boost gasoline consumption. Japan’s 2018 oil demand is likely to be stronger than expected in IEA’s previous forecast.By contrast, non-OECD demand has been revised down by 150,000 b/d for 2018. In Asia, small upward revisions in China and India almost offset downward revisions to Pakistan, where fuel oil deliveries fell sharply on new LNG imports. Demand estimates for Russia and the Middle East also were revised down. Revisions in the Middle East reflect the rapid displacement of crude oil for direct-use electric power generation by imported and domestic natural gas production in Iraq.

Regarding economic fundamentals, “world economic growth is expected to accelerate from 3.7% in 2017 to 3.9% in 2018, and this pick-up in growth will be broad-based,” IEA said.

Page 6: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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However, “recent signs of protectionism from the US are a risk to the forecast, raising the possibility of a global trade war,” it said.SupplyOn supply, new and revised data shows very little change in the outlook compared with last month, IEA said.IEA retains the view that total production from nonmembers of the Organization of Petroleum Exporting Countries rose by 760,000 b/d last year and that it will surge by 1.78 million b/d this year. The US dominates growth, accounting for 1.5 million b/d of the total increase. Gains also will come from Canada, Brazil, and Kazakhstan. This will offset declines elsewhere including in Mexico and China.For February, non-OPEC supply was 58.9 million b/d and stood 810,000 b/d higher than a year ago. OPEC crude oil production edged lower to 32.1 million b/d, led by losses in Venezuela and the UAE.“Further declines in Venezuela raised OPEC’s compliance rate in February to 147%, the highest so far, and lifted the average since the start of the deal to 102%. Compliance by the non-OPEC countries was less impressive at 86%, but still robust,” IEA said.Stocks, rebalancingCommercial oil inventories in OECD nations rose in January for the first time in 7 months by 18 million bbl to 2,871 million bbl, 53 million bbl above their 5-year average.The January increase of 18 million bbl over the December inventory level was roughly half the size of rises normally seen at this time of year, according to the agency.“Market rebalancing is clearly moving ahead with key indicators—supply and demand becoming more closely aligned, OECD stocks falling close to average levels, the forward price curve in backwardation at prices that increasingly appear to be sustainable—pointing in the direction. In our chart, we assume for scenario purposes that OPEC production remains flat for the rest of 2018, and on this basis there will be a very small stock build in the first quarter of 2018 with deficits in the rest of the year. With supply from Venezuela clearly vulnerable to an accelerated decline, without any compensatory change from other producers it is possible that the Latin American country could be the final element that tips the market decisively into deficit,” IEA said.

Page 7: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 7

Projections For Peak Oil Demand Are Overblown, Says Dan SteffensMar. 15, 2018 5:47 AM ET

By FS Staff

(Source: Bloomberg)

While oil prices trade above $60 a barrel, up over 40% from their June 2017

lows, energy stocks have languished. Why the disconnect, and will this

persist?

This time on Financial Sense Newshour, we spoke with Dan Steffens from

Energy Prospectus Group to get his outlook on the energy sector, US shale

production, and concerns over peak oil demand.

US Shale Production Fears Overhyped

With both the EIA and IEA projecting for the US to produce more oil than

Saudi Arabia next year, some are concerned that this will set a cap on oil

prices and hamper gains for energy-producing companies as a whole.

Page 8: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 8

This isn't as big an issue as some fear, Steffens said, because demand for oil

is going up by 1.5 million barrels a day per year, and he expects it to rise

still higher from there.

Also, it's important to keep in mind that shale oil production tends to drop

off precipitously. Horizontal wells will decline at a 30-40 percent rate per

year, Steffens noted.

"I think we're going to see an increase in demand from the first quarter to

the second quarter of about 2 million barrels a day as we come out of the

winter driving season," Steffens said. "I've been watching EIA for a long

time... The math just doesn't work. Sooner or later, you just can't drill

enough new wells to make up for the decline in older wells. I think that's

going to come into play in about a year or so."

Further Catalysts for Energy Stocks

"The global economy's growing," he said. "We're in an economy that is very

dependent on a steady supply of this stuff, and we're below the 5-year

average on days of supply."

There are also price catalysts to consider. While Steffens isn't as worried

about shale keeping a lid on prices, some are concerned about OPEC's

production cutback agreement expiring this year. This isn't really a problem,

however.

First, it would be a bad decision for the cartel to immediately start flooding

the market with increased production. In addition, Steffens doesn't think

they have the excess production capacity. Those countries that can cheat

would cheat, but that's not what we're seeing.

"I think they've learned their lesson," Steffens said. "They were the biggest

losers when the price went way below $40. I honestly think when they

started this, they expected the price to level off at $60 for a while, and they

thought that would be enough to put the fear of God in the shale players.

But it's just kept going, and they've lost."

Page 9: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 9

Are We At Peak Demand?

Some believe renewables and electric cars are going to eat up demand for

oil, and the IEA has projected that sometime next decade, demand is going

to peak.

This fear is also exaggerated, Steffens stated. Demand for electric cars is

limited, as they are still too expensive, and the battery problem needs to be

solved first before electric cars make a big dent in oil demand.

Currently, Steffens sees a lot of great value in energy stocks. The low tax

rates have helped their bottom lines tremendously, and oil above $60 is

supportive, he noted.

Demand for renewables "is going to increase, there's no doubt about it,"

Steffens said. "But the pie just keeps getting bigger... I think we're going to

be very happy we have the technology, because at some point in time, these

shale plays are going to level off just like everything else. The shale is the

source rock. After we pull the oil out of the source rock, there's not a lot

left."

We’ve been around since 1976.How we get the job done has changed, but the way we do business hasn’t.It’s why we’re still here. We look out for our clients; getting things done on time, within scope, the right way.

How can we help your business?

continentalland.com

Efficient Effective Adaptable

Innovative Trustworthy

| ||

Edmond•Roswell•Midland•Canton

Page 10: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 10

2018 OCAPL FISHING TOURNAMENT ENTRY FORM

The 33rd Annual OCAPL Fishing Tournament will be held at Lake Texoma on Saturday, May 5th, 2018, headquartered at the OU Biological Station at Buncombe Creek. The tournament will include a dinner on Friday, May 4th, at 7:00 p.m. Weigh-in will begin at 3:00 p.m. on Saturday, followed by trophy/prize presentations (membership dues must be current to win MEMBER prize).

Entries will be limited to the first 125 persons. Each OCAPL, TAPL or SOAPL member will be allowed to enter one guest. Lodging is available by reservation, ON A FIRST-COME FIRST-SERVED BASIS, at the OU Biological Station, Buncombe Creek, Lake Texoma. Those entrants who plan to stay at the Station should include, in addition to the entry fee, $30.00 per person, double occupancy, for each night you plan to stay. Upon receipt of the completed entry form and payment, an apartment will be reserved for you and your fishing partner. You will receive your apartment number upon check-in Friday evening and it will also be posted on the apartment doors.

Detach and return completed entry form

2018 OCAPL FISHING TOURNAMENT ENTRY FORM ENTRY DEADLINE APRIL 15th, 2018

Members Name: _______________________________ (Check all that apply) OCAPL TAPL SOAPL Address: ______________________________________ City:_________________ State: _____ Zip: _________ Phone #: _____________________ E-MAIL: _____________________________ Emergency Contact & Phone: __________________________________________________________________ Partners Name: ________________________________ (Check all that apply) OCAPL TAPL SOAPL E-MAIL: __________________________ Emergency Contact & Phone: ________________________________

Number at Dinner: Participants__________ Non-Participants _________ @ $10.00 each Number at Breakfast: Participants __________ Non-Participants _________ @ $7.50 each *Snacks (crackers/granola bars, etc) will be provided and available at registration on Friday/Saturday

Reservation for Lodging at the OU Biological Station YES I NO --- If YES, number in apartment: ______

Entry Fees: $___________ ($75 each for OCAPL, TAPL, SOAPL members, includes meals) Entry Fees: $___________ ($125 each for Non-members, includes meals) Lodging Fee: $___________ ($30 per night I per person double occupancy) (no charge for children under 10) Dinner: $___________ Non-Participant guest dinners @ $10.00 each Total Enclosed: $___________ (MAKE CHECKS PAYABLE TO OCAPL)

TO ENSURE YOUR SPOT IN THE TOURNAMENT, AN EMAILED COPY OF YOUR COMPLETED ENTRY FORM AND SCANNED COPY OF YOUR CHECK FOR ENTRY FEES SHOULD BE SENT BY EMAIL TO [email protected]

MAIL COMPLETED ENTRY FORM AND ENTRY FEES TO:

David Graham 4600 Boulder Bridge Way

Edmond, OK 73034 FOR YOU TO FISH IN THE TOURNAMENT AS A MEMBER, YOUR 2018 LOCAL ASSOCIATION DUES MUST BE CURRENT. If you have any questions, contact David Graham (405) 568-9495 or at [email protected],

Page 11: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 11

P.O. Box 18714 Oklahoma City, OK 73154 Phone 405-840-4111 [email protected] www.ocapl.org

Dear OCAPL Members and Friends: The OCAPL has scheduled its annual fishing tournament for Saturday, May 5th, 2018, at the OU Biological Station, Buncombe Creek, Lake Texoma. This year is our 33rd annual event, made possible only by the generous support from our membership. The OCAPL Fishing Committee respectfully requests that you or your company help support the tournament by becoming a sponsor. Sponsor’s names will be listed in our monthly newsletter and displayed on a banner at this year’s event. Any amount which you choose to donate will be helpful, however, please note that a contribution of $500.00 or more entitles a sponsor to one prepaid entry into the tournament. The following sponsorships are available--please check the space below which indicates your level of sponsorship: Sponsor: Platinum Level $2,500.00 _______ Gold Level $1,500.00 _______ Silver Level $1,000.00 _______ Prize Donor $ 500.00 _______ Other: _______ If you, your company, or anyone you know would like to become a sponsor for the 2018 OCAPL Fishing Tournament, please complete the form below and return it, along with your check payable to OCAPL, to OCAPL P.O. Box 18714 Oklahoma City, OK 73154 If you have any questions or require additional info, please don’t hesitate to contact me at (405) 568-9495 or email at: [email protected] Sincerely,

David Graham 2018 OCAPL Fishing Chairman

2018 OCAPL FISHING TOURNAMENT SPONSOR FORM

Sponsor:_____________________________Name: ____________________________ Telephone:____________________Contact: _________________________________ Enclosed is our check, payable to OCAPL, in the amount of _____________________

Page 12: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 12

March Educational Luncheon

BlueStar 2016.indd 1 1/7/16 2:18 PM

P.O. BOX 30180 MAIN : (405) 330-0555 EDMOND, OK 73003 FAX : (405) 471-6506

SERVICES TITLE EXAMINATION DUE DILIGENCE LEASE ACQUISITION

SURFACE DAMAGES ROW ACQUISITION TITLE CURATIVE SEISMIC PERMITTING

ESTABLISHED IN 1987, SUPERIOR TITLE SERVICES, INC.

PROVIDES THE EXPERIENCE, EFFICIENCY AND INTEGRITY OUR CLIENTS DEPEND ON.

S U P E R I O R T I T L E S E R V I C E S

SUPERIORTITLESERVICES.NET

INTEGRETY • HONESTY • EFFICIENCY

Page 13: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 13

Monday Night Meeting

Page 14: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 14

Monday Night Meeting

Page �

A new company providing the following services tothe oil, gas, and energy industry:

Due Diligence/Cursory Title ReviewFull Inception to Present Title ReviewLeasing, Farmouts, Assignments, and Well TradesOklahoma Corporation Commission Expert TestimonyTitle Opinion CurativeFollow up Title ReviewRight of Ways

Our goal is to provide you with quick turnaround on the services you need to keep your

project moving forward on schedule.

P.O. Box 6603 Norman, OK 73070

Land Project Management, LLC

J. Alva Brockus, CPL(405) 217 0210

alva@lpm llc.com

Christmas Raffle Tickets!!!

$5 per Ticket or 5 for $20

Help put the Merry in someone else’s Christmas. Support OKC’s own Infant Crisis

Services, Youth Services and Homeless Veterans.

And you could win:

TV’s, Travel Packages, Golf Packages, Luxury Handbags, Designer Jewelry, Popular

Electronics, Spa Days and so much more!!!

**Raffle tickets will be sold at the Monday night meetings starting in October**

Page 15: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 15

Celebrating the 60th Anniversary of the Robert M. Zinke

Energy Management Program (Historically the Petroleum Land Management Program)

The University of Oklahoma is an equal opportunity institution. www.ou.edu/eoo

Robert M. Zinke Energy Management Program

Visit us online atprice.ou.edu/60Years

for more info and updates

The World's First...School of Petroleum GeologySchool of Petroleum EngineeringSchool of Petroleum Landmen

SAVE THE DATE

60TH CELEBRATION

BANQUET

APRIL 27, 2018

Page 16: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 16

49TH ANNUAL TECHNICAL WORKSHOPSAVE THE DATE - APRIL24,2018

Presented by the Houston Association of Professional Landmen and Hosted by Haynes and Boone, LLP - Live from Houston, Texas

Broadcast by WebEx to 25+ Regional Landman Associations and Companies Nationwide

Sign-up now to Host one of our Remote Webinar Locations!(Please contact Amanda Van Deusen, Committee Chairman at [email protected])

POTENTIAL TOPICS: (Subject to Change):

Allocation Wells: Title Evaluation & Calculating Interests American LNG & the Global Natural Gas Marketplace Co-Tenancy Issues: Easements versus Mineral Leases Graveyard Title and Other Unconventional Title Research Methods Surface Access Issues & Conflicts with Wind, Water & Coal Development

Update on Current U.S. Legislation & Regulatory Affairs Ethics for the In-House and Field Landman

REGISTRATION for April 24th Workshop:HAPL Member Price: $60.00 Non-Member Price: $75.00

To Register, visit www.hapl.org today for the Haynes & Boone Houston location only OR contact your Local Landman Association for a Remote Webinar Location near you.

HAPL TECHNICAL WORKSHOP SPONSORSHIP:

Gold – $1,000.00 and aboveSilver – $500.00

Bronze – $250.00

To sponsor, please visit the “Make a Donation” page on the HAPL website (www.hapl.org) and select the Technical Workshop or mail by check to the HAPL office.

Thank you for your support!

PEMEX & The Transformation of the Oil & Gas Industry of Mexico

Page 17: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 17

49TH ANNUAL TECHNICAL WORKSHOPSAVE THE DATE - APRIL24,2018

Presented by the Houston Association of Professional Landmen and Hosted by Haynes and Boone, LLP - Live from Houston, Texas

Broadcast by WebEx to 25+ Regional Landman Associations and Companies Nationwide

Sign-up now to Host one of our Remote Webinar Locations!(Please contact Amanda Van Deusen, Committee Chairman at [email protected])

POTENTIAL TOPICS: (Subject to Change):

Allocation Wells: Title Evaluation & Calculating Interests American LNG & the Global Natural Gas Marketplace Co-Tenancy Issues: Easements versus Mineral Leases Graveyard Title and Other Unconventional Title Research Methods Surface Access Issues & Conflicts with Wind, Water & Coal Development

Update on Current U.S. Legislation & Regulatory Affairs Ethics for the In-House and Field Landman

REGISTRATION for April 24th Workshop:HAPL Member Price: $60.00 Non-Member Price: $75.00

To Register, visit www.hapl.org today for the Haynes & Boone Houston location only OR contact your Local Landman Association for a Remote Webinar Location near you.

HAPL TECHNICAL WORKSHOP SPONSORSHIP:

Gold – $1,000.00 and aboveSilver – $500.00

Bronze – $250.00

To sponsor, please visit the “Make a Donation” page on the HAPL website (www.hapl.org) and select the Technical Workshop or mail by check to the HAPL office.

Thank you for your support!

PEMEX & The Transformation of the Oil & Gas Industry of Mexico

Sign Up Now!

Field Landman Seminar 4/19/2018

Held By Production and Royalty Issues (webinar available)

6/5/2018

AAPL General Events

2018 Annual Meeting 6/20/2018-6/23/2018

Sign Up Now!

Field Landman Seminar 4/19/2018

Held By Production and Royalty Issues (webinar available)

6/5/2018

AAPL General Events

2018 Annual Meeting 6/20/2018-6/23/2018

Sign Up Now!

Field Landman Seminar 4/19/2018

Held By Production and Royalty Issues (webinar available)

6/5/2018

AAPL General Events

2018 Annual Meeting 6/20/2018-6/23/2018

Sign Up Now!

Field Landman Seminar 4/19/2018

Held By Production and Royalty Issues (webinar available)

6/5/2018

AAPL General Events

2018 Annual Meeting 6/20/2018-6/23/2018

Sign Up Now!

Field Landman Seminar 4/19/2018

Held By Production and Royalty Issues (webinar available)

6/5/2018

AAPL General Events

2018 Annual Meeting 6/20/2018-6/23/2018

Corporate Office: 10201 Buffalo Ridge Road

Edmond, OK 73025 (405) 359-6727

Fax (405) 359-6728

Rocky Mountain Office: 621 17th Street, Suite 945

Denver, CO 80293 (720) 627-6181

Fax (720) 627-6182

Texas Office: P.O. Box 1323

Canadian, TX 79014 (806) 323-6677

www.rkpinson.com

Providing Professional Land Services since 1986

Leasing •Expert Negotiations •Value Creation •Market Expertise •Professional Mineral Owner Relationships •Timely processing of documents Title Services •Prospect Strategy •Value Enhancement •Detailed Title Examination •Cursory Title Examination •Comprehensive Ownership Reports •Title Curative •Document Imaging •Surface and Seismic Examination for Permitting Acquisitions/Divestitures •Title Examination •Due Diligence •Property and Environmental Inspection •Contract Analysis •Document Preparation

Regulatory Application, Hearings and Permitting •Filing of State Regulatory Applications associated with the drilling of wells and water usage •Preparation of Notice lists and well proposals •Process Management •Expert witness testimony •Federal, State and local permitting •Seismic permitting •Preparation of Federal Application Permit to Drill •Preparation of communization agreements •Strategic planning Additional Land Services •Federal, BIA, and State bidding and lease acquisition •Mineral and Working Interest acquisition •ARC-GIS Mapping •Document Preparation •Prospect Management •Settlement of Surface Damages •Right-of-Way Acquisition •Water Use Agreements

Members of AAPL | OCAPL | TAPL | DAPL | HAPL

“Our Goal is to provide the best petroleum land services to our clients as is possible, to do it with integrity, confidence and efficiency, to treat all persons with respect and courtesy, to always act in a professional manner and to enjoy and grow in our chosen profession.”

Page 18: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

Page 18

2018 OCAPL Officers*Executive Officers

and Committee Chairman Advertising Price List for the Ocapl Record

Advertisement Price:_______ Quarter Page Add @ $750 for full year (10 issues)Ad Requirments:- 3 1/4 wide x 4 1/2 tall

- Ads need to be submitted in PDF or JPG with at lease 150 dpi resolution

Payment is due prior to publicationCONDITIONS: All advertising copy is subject to the ap-proval of OCAPL. Where copy is not furnished by the deadline date, the space reserved will be moved to the next issue subject to availability. Advertising is accepted in the order in which it is received until all space is filled.

Oklahoma City Association of Professional Landmen Office

Teresa PortwoodOCAPL OfficeP.O. Box 18714Oklahoma City, OK [email protected]: www.ocapl.org

Next Newletter Deadline:APRIL 12, 2018

2018 Newsletter Chair:Tyler Hogland

[email protected]

Prepared by Dustin Burton

President *Beavers, Matt [email protected] President *Brooks, Jeff [email protected] *Hardegree, Jerrod [email protected] *Fleharty, Michael [email protected] Past President *Rice, Robert [email protected] Past President/AAPL Director *Watkins, Nick [email protected] and Nominations/Ethics Woodard, Julie [email protected] Affairs Chair McGee, Jordan [email protected] Affairs Co-Chair Portwood, Elle [email protected] Chair Richards, Clarke [email protected] Co-Chair Payton, Chase [email protected] Chair *McCurdy, Sam [email protected] Co-Chair Carlozzi, Brian [email protected] Committee Member *Wickham, Diana [email protected] Landman Chair Campo, Jeremiah [email protected] Landman Co-Chair Bivins, Stacey [email protected] Tournament Chair Graham, David [email protected] Tournament Co-Chair Cook, Nate [email protected] Run Chair Dickensheet, Dan [email protected] Run Co-Chair Rohlmeier, Heather [email protected] Night Out Chair Brockus, Alva [email protected] Night Out Co-Chair Anderson, Leslie [email protected] Tournament Chair Naik, Bhavin [email protected] Tournament Co-Chair Kammerer, Brandon [email protected] Affairs Chair Jennings, Brandon [email protected] Affairs Co-Chair Cloer, Ryan [email protected] Affairs Chair Meek, Aaron [email protected] Affairs Co-Chair Hampton, Dave [email protected] Chair Love, Bethany [email protected] Night Speaker Chair *Campo, Jennifer [email protected] Night Speaker Co-Chair *Parks, Colt [email protected] Chair Hogland, Tyler [email protected] Co-Chair Gannaway, Stephanie [email protected] EM Mentoring Chair Hennigan, Bryan [email protected] EM Advisor Long, Steve [email protected] Relations Chair Vawter, Brandt [email protected] Advisor Miles, Lindsey [email protected] Clays Chair Reed, Shannon [email protected] Clays Co-Chair Ritter, Chase [email protected] Chair Raney, Grant [email protected] Take Off Chair *Coshow, Larry [email protected] Take Off Co-Chair Love, Amy [email protected] Manager Portwood, Teresa [email protected]

Page 19: Points of Interest President’s Letter · VOLUME 16, ISSUE 3 MARCH 2018 President’s Letter New Members 3 Questions from the Field 4 Industry Affairs 5-9 Fishing Tournament 10,11

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NEXT MEETING NOVEMBER 4, 20�3NEXT MEETING APRIL 2, 2018