Advanced Working Interest and Net Revenue Interest Calculations - Fort Worth, TX
- Registration Closed
Held at AAPL Office
800 Fournier St, Fort Worth, TX 76102
COURSE OVERVIEW: AAPL is pleased to offer a 2-Day Working Interest and Net Revenue Interest Seminar. Day one will consist of Basic instruction and examples. Day two will consist of Advanced instruction and examples. You may choose to take these sessions individually or together, but It is strongly recommended to take the Basic Workshop prior to taking the Advanced Workshop.
ADVANCED COURSE CONTENT:
- Calculations inside Runsheets and Flowcharts
- Calculations at the Lease Level vs Tract Level vs Unit Level
- Calculations for Leases, Assignments, Proportionate Burdens, Disproportionate Burdens, Burden Linking
- Calculations for the Difference between Lease Burdens and ___%
- Term Mineral deeds and Term Assignments of Working Interest (WI)
- Calculations for Non-Executive Mineral Owners (NEMO)
- Calculations for Non-Participating Royalty Interests (NPRI)
- Calculations for Net Acres vs. Company Net Acres vs. Revenue Acres vs Working Interest (WI)
- Analysis of the Acid Test
- Calculations - Excess Burdens & Subsequently Created Interest - Sensitivity Analysis - Participation
- Calculations - Excess Burdens & Subsequently Created Interest - Sensitivity Analysis – Non-Consent
Speaker: Douglas M. Potter, CPL
6.00 CEU's
Key:
Complete
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Douglas M. Potter, CPL
KJBP Corp.
Douglas M. Potter received his BS in Geology in 1976 and MBA in Finance in 1981 from the University of Colorado in Boulder. As a Geologist, Potter worked for Conoco in Wyoming [Uranium] and Cordillera Exploration in Bolivia [Gold]. As a company Landman, Potter worked for Phillips Petroleum [Oil Shale], Atlantic Richfield Company, and Anadarko Petroleum Corporation.
Potter’s diversified background includes serving in other capacities, including Independent Landman, Division Order Analyst, Lease & Title Analyst, and Supervisor of GIS Mapping. Potter is a Certified Professional Landman [CPL], a Certified Division Order Analyst [CDOA], and a Certified Lease & Title Analyst [CPLTA].
In 2012, Doug Potter was awarded Landman of the Year by the Denver Association of Petroleum Landmen and the recipient of the AAPL Education Award for 2014. Doug Potter is a member of the Denver Association of Petroleum Landmen, American Association of Professional Landmen, Denver Association of Division Order Analysts, National Association of Division Order Analysts, Denver Association of Lease & Title Analysts, National Association of Lease & Title Analysts, Rocky Mountain Association of Geologists, and is a Distinguished Toastmaster.
