How Far Does the CAPL Travel - A Comparative Overview of the CAPL Model Form Operating Procedure and the AIPN Model Form International Operating Agreement

Authors

  • Michael D. Josephson

DOI:

https://doi.org/10.29173/alr492

Keywords:

Energy Law, Petroleum Law

Abstract

The author examines the differences between the Canadian Association of Petroleum Landmen model form Operating Procedure and the Association of International Petroleum Negotiators model form International Operation Agreement and identifies the rationale behind the differing approaches to key aspects of joint operations. He concludes that, while each model form has its place in the specific industry for which it was developed, a workable international joint operating agreement must reflect the types of issues addressed by the latter model form.

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Issue

Vol 41, No 1: Petroleum Law Edition

Section

Articles

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