Articles by Category

Articles from the Oil & Gas Category

Good Faith and Honest Contracting – Impacts of Bhasin v. Hrynew on Land Agreements
May 24th, 2015 | Categories : Land A&D, Oil & Gas

In 1796, George Washington’s presidential farewell letter included the advice, “that honesty is always the best policy.” Curiously, since Confederation, honesty has never been an established principle of Canadian contract law. As polite as Canadians may be, they reserved the right to be self-serving when it came to contract performance. This has changed. In November 2014, the Supreme […]

Current Issues on Rights of First Refusal
October 22nd, 2008 | Categories : Business Practises, Land A&D, Oil & Gas

At summer camp I remember singing Michael, Row the Boat Ashore, in endless rounds as the orange glow of the crackling fire lit the night while we kids were safely seated so far away from the conflagration that we felt no heat and mostly spent the night swatting mosquitoes, shivering, and yearning for the torture […]

The Little Land System®
March 8th, 2008 | Categories : Land A&D, littlelandsystem, Oil & Gas, Software

Finding ways to cut costs and remain competitive are important challenges for small business owners, especially in the oil and gas industry. Managing land information efficiently is the key to capitalizing on business opportunities and is best done with specialized computer software. The price of most of the products on the market, however, is prohibitively […]

Trust Agreements and Trust Declarations
March 7th, 2008 | Categories : Business Practises, Confidentiality, Land A&D, Oil & Gas

Trust agreements and trust declarations are some of the most common business tools being used in the Canadian oil and gas industry. However, many people drafting, executing, and administering these tools are not aware of their importance and the best practices for their use. This article will shed a bit of light on key issues […]

Confidentiality Agreements and Areas of Exclusion
January 17th, 2008 | Categories : Business Practises, Confidentiality, Corporate, Oil & Gas

If we want to promote a business opportunity we need to provide information about it, but by providing the information we may have our idea, vision, or data exploited by a competitor. Organizations are reluctant to disclose without safeguarding what they share. Organizations are reluctant to invest without receiving satisfactory disclosure. The confidentiality agreement is […]

Box Bombs
January 17th, 2008 | Categories : Business Practises, Oil & Gas, Organization

In your office, on the floor, under a table, there may be a box full of paper that’s a financial and legal time-bomb waiting to sabotage your strategic plans and terminate your tactical genius. It’s the box with closing documents from your last deal and you haven’t done anything with it since it was delivered. […]

Well World
October 11th, 2007 | Categories : Corporate, Oil & Gas

A colleague just dropped by with a puzzled and panicked look on their face. In their hand was a list of instructions passed to them by corporate pooh-bahs who had decided to divest the organization of all its properties that were producing in the bottom 25th quartile. Undoubtedly the pooh-bahs were very proud of their […]

Finding Gold But Missing Gems
October 10th, 2007 | Categories : Business Practises, Land A&D, Oil & Gas, Organization

Business is chin-deep in paper, email, and spreadsheets. So, it’s probably not surprising that people get fatigued by the blizzard of words and numbers and try to find ways to shovel them aside as quickly as they can. All anyone really wants is the golden nugget of information buried somewhere in the pile. Unfortunately, our […]

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