Legal Procurement Services
Our Legal Procurement Services is a Comprehensive Process of Acquiring Services Necessary for Exploration Development.
This process is done while ensuring compliance to complex web of laws, regulations and contractual obligations. It is a critical process due to the industry's high capital intensity environmental sensitivities and significant regulatory oversight.
Key Aspects Include:
Purchase Agreement
This provides an investor legal protection, risk management, transaction management, clarity and transparency, by outlining the terms and conditions for the sale and transfer of the quantity of shares the investor wishes to purchase to them on the Oil and Gas Lease including the purchase price, payment schedule and payment terms.
Operator Agreement
This is a contract that outlines the rights and responsibilities of the multiple parties involved in the Oil and Gas Production. This agreement defines how the project is managed, how cost and liabilities are shared and how production is allocated among the participants..
Memorandum of Lease
This is a public document that summarizes the key terms of an Oil and Gas Lease without disclosing confidential details. This document is recorded in the county where the leased property is located, making it a matter of public record.
Title Opinion
This is a document that outlines ownership interests in mineral rights and lease hold estates. This opinion determines who has the legal right to drill, develop and receive royalties from the Oil and Gas exploration and production.
Our Process
Solicitation
By identifying the oil and gas production company or oil and gas leases open and attractive for investment.
Due Diligence
We conduct due diligence on behalf of our clients because most oil and gas companies and oil and gas leases rely on the investors to perform their own due diligence.
Implementation
This is the process of putting the investment requirement of our clients into effect by completing a purchase agreement.
Purchase Agreement
This process details the sale and transfer of the quantity of shares an investor wishes to purchase from the Oil and Gas production company or from the Oil and Gas Lease owner including the purchase price, payment schedule and payment terms.
Market Analysis
