Contract Negotiation & Preparation

Knowledge and experience are important assets in negotiating a well trade, such as a Term Assignment or Farmout Agreement.  There are more factors involved in making a trade than just settling on the length of time and the amount of consideration.  A Landman must be able to recognize prohibitive or unfavorable terms in the contract being negotiated.  We have negotiated deals for both major and independent operators.   Whether it is acquiring a farmout or buying a producing field, Five State Land Services, Inc. can help your company get the job done cost effectively. 

Some examples of agreements we can provide include: 

ACKNOWLEDGMENTS 

AFFIDAVITS 

AGENCY, CONFIDENTIALITY, CONSULTING, EMPLOYMENT, NONCOMPETITION, POWER OF ATTORNEY, AND JOINT VENTURE AGREEMENTS AND DOCUMENTS 

ASSIGNMENTS 

CONSENTS, DECLARATIONS, DESIGNATIONS, MEMORANDUMS, NOTICES, RATIFICATIONS, AND STIPULATIONS 

DISCLAIMERS, RELEASES, REVOCATIONS, SUBORDINATIONS, AND WAIVERS 

DIVISION AND TRANSFER ORDERS 

EASEMENTS, RIGHTS OF WAY, AND SURFACE USE AGREEMENTS 

FARMOUT AGREEMENTS 

GAS DOCUMENTS 

GEOPHYSICAL AND SEISMIC DOCUMENTS 

JOINT OPERATING AGREEMENTS 

LEASES AND RELATED DOCUMENTS 

LEASE RIDERS 

MINERAL AND ROYALTY DOCUMENTS 

MISCELLANEOUS AGREEMENTS 

POOLING & UNITIZATION AGREEMENTS 

WATER DISPOSAL USE AGREEMENTS AND LEASES 

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