The prolonged demand shock caused by the COVID-19 shutdown, coming on the heels of the supply shock resulting from the breakdown of OPEC+ negotiations on quotas, has pushed many oil and gas companies into financial distress. This course will survey the range of initial legal responses within the sector, including short-term strategies to navigate the immediate crisis and ways that companies are beginning to prepare for long-term, sustained volatility in hydrocarbon commodities and products prices. We will examine practical legal solutions to the real world problems that folks in the oil patch are now facing, such as how to communicate and negotiate with lenders, how to address stop-work notices/declarations of force majeure (from both the delivering end and the receiving end), how to deal with compliance issues and seek relief from regulatory agencies, and how to deal with non-payment from operators and vendors.
2 CLE Colorado Course ID 784381. Texas Course Number 174084790.
This course has been accredited for CLE credit in Colorado. CLE credit hours shown are for Colorado only. A CLE course number for Colorado will be provided to attendees on their certificates of attendance once a course has been completed. New Mexico attorneys who complete a course must notify us (firstname.lastname@example.org) because we are required to report credits for you. If this course has been approved for RPL/CPL credit with the American Association of Professional Landmen (AAPL), the credits will be listed below in a separate section for AAPL. If applicable, Component Codes for AAPL recertification will also be provided. Please contact RMMLF if you need independent verification by the provider of your attendance or participation for CLE purposes. Except as provided above, RMMLF generally does not apply for accreditation from any other MCLE/CPD organizations for its online legal education program. Upon completion of a program a certificate of attendance will be issued to all attendees. Except as provided above, attendees must verify with their respective state bars and CPD organizations and their specific rules as to whether or not the certificate of attendance will be recognized by that body for MCLE/CPD purposes, and the number of CLE/CPD credits that may be available. The live presentation of the on-demand program has been accredited in most mandatory states as part of a larger course, but such accreditation does not assure recognition of the on-demand program.
2 AAPL Submit certificate to email@example.com.
Customers Who Bought This Item Also Bought
(OnDemand) 65th Annual Institute: The Future of the Modern Electricity Grid
(OnDemand) Oil & Gas Mineral Title Examination: Purpose and Basis of Title Opinions, Types of Opinions, and Layout of Opinions
(OnDemand) Oil & Gas Mineral Title Examination: Title Issues Under Waterways, Roadways, Railroads, and Cemeteries
(OnDemand) Oil & Gas Mineral Title Examination: Lease Issues to Consider for Title Examination
(OnDemand) Bankruptcy 101: Basic Legal Concepts for the Oil and Gas Industry