Posts Categorized: Blog

Order of Operations – Negotiating JOAs During a Sale written by Andrew Clinton Selling an operated asset brings the traditional list of concerns and due diligence items, with none being more contentious and interrelated to the Buyer’s ultimate ability to operate that asset than the Joint Operating Agreement (“JOA”). Unfortunately, with many legacy assets, an… Read more »

Oil’s Well That Ends Well: Pre-Sale Curative Title Clean Up written by Kaysha Spoon When selling oil and gas properties, it’s crucial for an Operator to ensure that the title is clear and free from defects to maximize the transferred interest. This “curative” process involves addressing any title issues to prevent the Buyer from defecting… Read more »

Getting Ready to Sell: Disclosure Schedules written by Tannon Symm Disclosure Schedules are a set of documents made up of exceptions and affirmative lists regarding a transaction, but before delving into what exceptions or affirmative lists are and why they are important, it’s paramount to have a grasp of representations and warranties. Whether they are… Read more »

Taxes, Maybe They Aren’t Such a Certainty: Sales Use Tax and Property Tax Abatement in Texas written by Matt Dishong “Nothing is certain except death and taxes.” Even 200 years after Benjamin Franklin famously uttered these words, this saying still rings true … MOST of the time. Renewable energy companies own and operate equipment and… Read more »

Power Play: Surface Agreement Tips for Renewable Energy Projects written by Tannon Symm and Kaysha Spoon Surface leases are the foundation of renewable energy ventures, whether solar and wind farms, geothermal, or even hydroelectric power. These agreements permit companies to build and access facilities, generate and capture power, and store and transport that power on… Read more »

The Crucial Role of Environmental Due Diligence and a Permit Matrix in Renewable Energy Projects written by Miranda Caballero As the world increasingly turns its attention toward sustainable energy solutions, renewable energy companies are at the forefront of a transformative shift. However, with great innovation comes significant responsibility—especially in the realms of environmental due diligence… Read more »

A Matter of Opinion – Closing Renewable Finance Transactions written by Jennifer Martin and Andrew Clinton It’s true that nothing in life is free, and in lending, nothing is borrowed for free, either. Lenders are only interested in sharing their assets if they are confident it will pay off and be paid off. So how… Read more »

Even Non-Operators Need Title Work written by Jennifer Martin A promise RR&A makes to our clients is that we are not interested in selling you services you do not need. When purchasing a non-operated interest, you likely do not need a full-scale drilling or division order title opinion covering the entire land and leasehold subject… Read more »

Well, Well, Well, What Do We Have Here? Acquiring Wellbore-Only Interests written by Andrew Clinton It has been generally accepted that acquiring wellbore-only interests as a Non-Operator is considered a relatively low-risk investment. In fact, many groups view such acquisitions as an entry point due to the perceived lower barrier to entrance and lack of… Read more »

It’s Not a Secret: How to Manage Confidentiality While Looking for Your Asset written by Matt Reynolds You have assembled your team, pooled your funds, or secured a backer; now, you just have to find the right asset to be the launchpad for your company’s growth. However, before potential sellers will show you their cards… Read more »