6223 Drafting & Negotiating Int'l Oil & Gas Agreements - NADORFF -
Norman Nadorff (ADJUNCT)
Course Areas: Energy, Natural Resources and Environmental Law
Time: INTERSESSION Location:
Course Outline: The course will enhance the students´ knowledge of major types of international oil and gas agreements while providing practical, hands-on experience in their drafting and negotiation. Students will be provided a detailed and realistic fact pattern showing how oil and gas deals are conceived of, proposed, negotiated and eventually formalized. The students will then apply the fact pattern to various types of oil and gas model agreements. In essence, Professor Nadorff will show the students how an international oil and gas lawyer approaches every day oil and gas industry challenges.
The course contains the following major components:
• A discussion of the role of the contract drafters and negotiators in the oil and gas industry
• Practical tips on how to write contracts more clearly and effectively as well as identifying pitfalls to be avoided.
• Contract strategies and "do´s and dont´s" in contract negotiations.
• A thorough discussion of pre-contractual documents (letters of intent, memoranda of association, etc), including na in-class review of a homework assignment.
• An introduction to the Association of International Petroleum Negotiators (AIPN) and the AIPN Model Form Contracts.
• In class, on-screen editing by the students of key AIPN Model Form Agreements (most likely: Confidentiality, Joint Study and Bidding, Farmout, Joint Operating Agreement, Lifting, International Consultant and Oil Service).
• In-class negotiations of various AIPN Model Form Agreements based on the supplied fact pattern, ideally involving all of the students at some point.
It is anticipated that for each class, Professor Nadorff will invite a prominent lawyer or negotiator, specialized in the particular agreement being discussed that day, in order to provide additional perspective and to help facilitate the in-class exercises.
Course Notes: Quota = 45. This class will meet on January 5, 6, 7, 8, 9, 10 from 9 AM - 1 PM with 6 minute break each day. The Final exam will be on Monday January 12, 2015.
First Day Assignments:
Final Exam Schedule:
This course will have:
Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No