Posts Categorized: Blog

To Bind or Not to Bind? Letters of Intent

To Bind or Not to Bind? Letters of Intent written by Miranda Caballero Published July 3, 2024 A Letter of Intent (“LOI”), also commonly referred to as a term sheet, is an agreement between two (or more) parties that expresses the parties’ intent to pursue some transaction. The final definitive agreement and the underlying transaction… Read more »

Crude Data: Resolving Buyer Overload in Acquisition Due Diligence

Crude Data: Resolving Buyer Overload in Acquisition Due Diligence written by Andrew Clinton Published July 3, 2024 We’ve all become accustomed to the first uploaded link providing access to a Seller’s digitized contract as part of an acquisition and the related feeling of terror as the reader begins to wonder how to organize the laundry… Read more »

Uncovering Encumbrances: What Lies on the Surface for Renewable and Energy Transition Projects?

Uncovering Encumbrances: What Lies on the Surface for Renewable and Energy Transition Projects? written by Tannon Symm Published June 5, 2024 In the realm of property acquisitions, there are several considerations to keep in mind. For those involved in the renewable and energy transition sectors, awareness of surface encumbrances is particularly crucial. Surface encumbrances from… Read more »

Make Sure You Have a Way Out – The Importance of Off-Take Infrastructure For Renewable and Energy Transition Projects

Make Sure You Have a Way Out: The Importance of Off-Take Infrastructure For Renewable and Energy Transition Projects Published June 5, 2024 Is your project site close enough to the grid? Having resources is pointless without access to markets. To address this issue for agricultural purposes, Texas implemented the Farm to Market Road System, which… Read more »

Demand Letters (And Getting) Results

Demand Letters (And Getting) Results written by Matt Reynolds Published May 1, 2024 Often, the first step in getting what you deserve is simply asking for it. However, when it comes to getting paid what you deserve, businesses tend to ignore such requests until they come in the form of a legal demand. As an… Read more »

I Have My Minerals – Now Where are My Royalties?

I Have My Minerals – Now Where are My Royalties? Published May 1, 2024 Congratulations on acquiring a mineral asset! You must be asking – when does the money start rolling in? A common question, but one which may have multiple complex answers. Most states with active oil and gas industries provide a statutory framework… Read more »

If It Don’t Make Dollars, It Don’t Make Sense: Getting Paid Royalties after Acquiring a Mineral Property

If It Don’t Make Dollars, It Don’t Make Sense: Getting Paid Royalties after Acquiring a Mineral Property written by Matt Dishong Published May 1, 2024 Apologies to John Locke and anyone who purchases minerals solely to exercise one’s natural right to own property, but the main purpose of buying mineral properties is to make a… Read more »

What To Do as a Non-Operator When Your Operator Goes Bankrupt

What To Do as a Non-Operator When Your Operator Goes Bankrupt written by Matt Reynolds Published April 3, 2024 As owner of oil and gas assets, you can often feel that a lot of what happens to those assets is out of your control.  This is never more true than when the Operator of your… Read more »