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Winter NAPE 2013 – A Great Time!

Winter NAPE 2013 - A Great Time!
I have to tell you, I had a great time at NAPE this year.  I got to meet up with some great folks.  I talked to Austin Brister, the editor and writer over at The Title Examiner blog – I hope that he was able to wander around NAPE on his own instead of hanging out over at the Sadler Law booth all day.  I unfortunately did miss seeing the folks from DrillingInfo I talk to regularly, specifically the editor of the DrillingInfo Wireline Blog, James Hahn II. I’ve also decided that before 2014 I absolutely have to learn at ...

Chesapeake CEO Aubrey McClendon Steps Down

Chesapeake CEO Aubrey McClendon Steps Down
Chesapeake Energy Corporation announced today that CEO, President, and Co-Founder Aubrey McClendon would be retiring effective April 1, 2013.  This is amid previous allegations of impropriety that have been under investigation by the board of directors.  The allegations involved the fact that McClendon received personal loans from business partners totaling hundred of millions of dollars. The press release stated that the final report of the allegations would be released mid-February, but that they had (to date) found no improper conduct.  It’s interesting that they used the words “to date”.  Rest assured, I’ll be following up after the report is released. ...

Surprise! You Get a Calendar!

Surprise!  You Get a Calendar!
(If you are an AAPL member!)   Today I got a huge, flat envelope in the mail from the AAPL, and I couldn’t imagine what they could be sending me.  After I got into it I found a sweet calendar and the always anticipated November / December edition of Landman magazine!  They did a great job not only including all the scheduled educational events on the calendar, but also adding a fair amount of extra information on the ‘top’ of the calendar pages.  It looks like this calendar is replacing the typically mailed out 2012 Annual Report. It’s nice to ...

Winter is Coming! NAPE, that is.

Winter is Coming!  NAPE, that is.
As many of you know, Winter NAPE is quickly approaching.  So if you haven’t marked your calendars, February 5-8, 2013 is when you should be in Houston, Texas.  Just to catch up everyone else, NAPE is a twice yearly convention designed to allow vendors to buy, sell, and trade oil and gas properties.  Not only are operators represented, but other vendors which service the oil and gas industry also purchase booth space to advertise their brand.  There is a variety of events which surround the main exhibitor show. NAPE Icebreaker Event Wednesday, February 6 – 5:00 PM – 7:00 PM ...

Fracknation – For Us By Them

Fracknation - For Us By Them
Unfortunately I missed the television premiere of the documentary, but I’ve been hearing about it all over the social media channels.  If you have been living under a rock, FrackNation is a documentary by journalist Phelim McAleer to provide “the rest of the story” (as Paul Harvey would put it) to the GASLAND documentary aired by HBO about 2 1/2 years ago. FrackNation was funded completely by donations through Kickstarter.  It was funded by 3,305 backers who donated $212,265 in total, I even threw in a few bucks.  In addition, no donations made by oil and gas executives or companies ...

New Home Office Deduction for Tax Year 2013

New Home Office Deduction for Tax Year 2013
On Tuesday the IRS announced a simplified method to calculate the home office deduction, which may be of interest to you independent landmen that do your own taxes.  As many of you know, the current incarnation of the home office deduction is one of the most audited items for those who are self employed.  It has a lot of rules, measurements, and a little bit of voodoo involved in the calculation.  For those of you that have learned the “voodoo method”, it will still be available to use.  The new method will be a another option available. Simply, starting in ...

Don’t Sell Your Clients Work!

Don't Sell Your Clients Work!
So there has been some trouble brewing after a company bought a booth at Summer NAPE and advertised that they were brokering the sale of title information in certain shale plays.  As you might imagine, that ruffled a few feathers. So some questions started getting thrown around to different operators and attorneys:  In what world does a field landman own the title data he compiles on behalf of his client?  The answer:  In lala-land!  So one might wonder how this ‘title broker’ felt he could get around the legal entanglement of selling other companies data without compensating them.  He simply ...


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