Some Standard Clauses in Petroleum Industry Agreements - An Inquiry

  • A. J. Kovach
Keywords: Energy Law, Petroleum Law


This paper examines number of clauses commonly included in farmout, unitization and other oil and gas agreements. Drawing upon the Canadian Association of Petroleum Landmen 1974 Operating Procedure, it scrutinizes force majeure, arbit ration, notice, and other clauses, with view to determining their effectiveness.