Successful Farmins & Farmouts describes in detail all the information an oil and gas professional needs to complete a Successful farmout or farmin of projects ranging from early exploration opportunities through to mature producing fields.
He has worked for majors as well as independents, and has been a director of various companies on four continents..
About the Author: Peter Cockcroft is a world-renowned expert in the International energy sector, having lived and worked in many different countries.
A review of the economics of farmouts & Farmins includes a method to determine the optimal risked percentage, with worked examples, at which to farmout or farmin to a petroleum opportunity.
Key elements of the crucial Joint Operating Agreement, central to a Successful farmin/farmout, are discussed with recommendations on how to draft an efficient and robust contract.
The book includes a detailed checklist for data room managers and attendees, as well as a description of common pitfalls for both potential buyers and sellers.
Successful Farmins & Farmouts describes in detail all the information an oil and gas professional needs to complete a Successful farmout or farmin of projects ranging from early exploration opportunities through to mature producing fields
