Some Standard Clauses in Petroleum Industry Agreements - An Inquiry

Authors

  • A. J. Kovach

DOI:

https://doi.org/10.29173/alr591

Keywords:

Energy Law, Petroleum Law

Abstract

This paper examines number of clauses commonly included in farmout, unitization and other oil and gas agreements. Drawing upon the Canadian Association of Petroleum Landmen 1974 Operating Procedure, it scrutinizes force majeure, arbit ration, notice, and other clauses, with view to determining their effectiveness.

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