This important issue is made all the more urgent by the confluence of economic and legal factors facing the industry today.
On April 28, 2020, BLG Calgary’s legal team held a discussion on many topics, including:
- What are an Operator’s best remedies when Non-Operators fail to pay their share of expenses?
- What recourse is available for Non-Operators where AFE funds or production revenue have dissipated?
- What happens when an Operator and Non-Operator disagree about whether a well can be shut-in?
- What is required to replace an Operator?