Like all contracts, oil and gas exploration agreements must be carefully constructed, balancing the needs of all parties involved in order to create a mutually beneficial relationship while avoiding liability. A geologist or a company determines that a certain piece of land is an ideal location to drill for oil and gas. Often, they assemble the science and technology for the project, acquire all necessary leases, and then solicit partners to participate by paying part of the cost. As an alternative, a geologist or company may sell the project outright to another party, which then goes out and solicits partners. In each of these arrangements, various rights and agreements related to the joint exploration of oil and gas must be settled on. In each of these arrangements, various rights and agreements must be settled on. The attorneys at Throne Law Office, P.C. assist with all aspects of these oil and gas exploration agreements.
For services related to drafting, reviewing, negotiating or litigating exploration agreements involving oil and gas projects anywhere in Wyoming, Colorado, Montana, or North Dakota, contact Throne Law Office, P.C.
The lawyers at Throne Law Office, P.C. in Sheridan, Wyoming, are experienced in dealing with exploration agreements and all related matters, including farm out agreements for drilling for oil and gas, joint operating agreements and more.
Contact Throne Law Office, P.C.
Discuss your legal needs with an experienced Throne Law Office, P.C. attorney today! Call Throne Law Office, P.C. a 307-672-5858 or send an e-mail regarding your current legal needs and your message will be returned promptly.