Environmental / Energy Law

Joint Operating Agreement: Applicability and Enforceability of Default Provisions

Edited by Eduardo G. Pereira · Wan M. Zulhafiz Wan Zahari
Rocky Mountain Mineral Law Foundation November 2018

Specifications

ISBN-13
9781943497195
Publisher
Rocky Mountain Mineral Law Foundation
Publication
November 2018
Format
Paperback
Jurisdiction
U.S. ? Countri(es) for reference only

Details

Authored and edited by scholars and practitioners with practical expertise and international experience, this book provides a comprehensive overview of recent US and international developments concerning defaults in the JOA context:

  • Analysis and comparison of various international JOA model forms
  • Obstacles to enforcement of default remedies in civil law jurisdictions
  • Operator as defaulting party
  • Impact of governing law and dispute resolution clauses
  • Effect of insolvency
  • National oil company participation
  • Enforceability of forfeiture and buy-out provisions under English law after Makdessi
  • Sole risk, non-consent, and mutatis mutandis
  • Unitization and unit operating agreements
  • Accounting procedures
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