WORKING INTEREST/ NET REVENUE INTEREST – September 1, 2016
AAPL will host Doug Potter’s Working Interest/Net Revenue Interest Calculations Workshop. This one-day workshop will begin with simple examples and progress towards complex examples, teaching the fundamental calculations for Royalties, ORRIs, Net Revenue Interests and Working Interests. After attending this workshop, you will understand the fundamental progressions and calculations of WI & NRI as an unleased mineral interest becomes leased and progresses to become part of a producing tract, oil unit, gas unit, and field-wide unit; learn the consequences of changing WI & NRI for Leases, Assignments, Unitizations, Farmout BPO/APO scenarios and JOA.
The registration fee for AAPL members is $250 and $375 for non-members through August 18, 2016. After this date, the registration cost goes up $50.00. This program has been accredited by AAPL for (6) CPL/RPL/RL credits.
8:00am: Registration & Continental Breakfast
8:15am-3:30pm: Instruction and Examples
– Effects of Typical Lease Clauses
– Analysis of Calculations & Concepts
– JOA & Non-Consent Penalty
11:30am-Noon Lunch (will be provided)