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


  • Michael D. Josephson



Energy Law, Petroleum Law


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.