Teaching and assessment for Managing Resource Access and Joint Ventures

Day 1

• Exploration & Development Risk
• Resource Access Agreements
  • Resource Policy
  • Regulatory Framework
  • Risk Allocation & Fiscal terms
  • Concession v Production Contracts
  • Other issues impacting value
  • Award of access contracts
• Case Study Stage (i) Government Policy
• Joint Venture Agreements
  • Purpose
  • Alternative Structures
• JV Alignment
• Case Study Stage (ii) Negotiate Joint Venture Formation
• JV Decision Making & Control
  • Voting
  • Sole Risk
  • Non-Consent

Day 2

• Case Study Stage (iii) Voting Negotiation
• Joint Ventures without NOC involvement
  • Financial Management
  • Enforcement
  • Exit
• Joint Ventures with NOC involvement
  • Financial Management
  • Enforcement
  • Exit
• Case Study Stage (iv) Carry Negotiation
• Analysis of Joint Venture Agreements
  • Planning Obligations
  • Rights in response to others’ actions
• Managing JV Agreements
  • Commercial Narrative
  • Obligations Register & Flow Charts
  • Agreement Plans
• Introduction to Analyzing JV Agreements (Case Study Evening Work)

Day 3

• Case Study Stage (v) JV Agreement Analysis
  • Planning Obligations
  • Exploration Sole Risk
  • Development Sole Risk
  • Default
• Case Study Stage (vi) Preparing Agreement Plans
• Learning Review