2017 Q2

Encouraging your involvement: You are vital to making this democracy a continuing success! WEBSITE: http://www.texasroyaltycouncil.com/ RECORDING:

March 29, 2017 TITLE: North Dakota’s “Statutory JOA” SPEAKER: Brent Chicken Partner with Fox Rothschild LP

https://attendee.gotowebinar.com/ register/7906676456853161218

January 31, 2017 TITLE: Differences between the 1989 & 2015 JOAs SPEAKER:

When asked why a joint operating agreement does not exist between many North Dakota oil and gas operators and non-operators, a common response is that the same is unnecessary, due to North Dakota’s “statutory JOA.” However, the operation of bare North Dakota statutory and case law on the relationship between operators and non-operators may often have surprising results, and in most cases, does not even remotely resemble the association between operators and non-operators which arises under a joint operating agreement. Accordingly, this presentation is designed to compare and contrast the potential results encountered in situations involving operator liability, operator standard of care, recovery of costs from non-operators, etc. when analyzed under bare North Dakota law, rather than under the contractual mandates of a joint operating agreement. WEBSITE: http://www.foxrothschild.com/brent-d-chicken/ RECORDING: TITLE: Your Role and Legislative Updates SPEAKER: Tricia Davis President of Texas Royalty Council & American Royalty Advocacy Advocacy: having a conversation while knowing when to act and when to “keep your powder dry”. Update on Texas Legislation, touching on other states and a bit about Washington DC. Stand up for your / our industry in an organized manner and listening to leadership of your Company and Organization. https://register.gotowebinar.com/ register/4173269332149579521 February 22, 2017

Robert “Eli” Kiefaber Partner Kiefaber & Oliva LLP

This presentation covers recent changes to the model form Joint Operating Agreement. Specifically, we will begin with a brief overview of joint operating agreements and then we will cover the significant changes to the JOA form, as embodied in the 1989 Form – Horizontal Modifications. Next, we will discuss the new 2015 Form and the differences between the forms. Finally, we close with a review of some significant cases interpreting JOAs. WEBSITE: http://www.kolawllp.com/About-The-Firm/Robert-E- Kiefaber.shtml RECORDING: Not Available UPCOMING WEBINARS August 30, 2017 SPEAKER: David A. Zdunkewick Partner Andrews Kurth Kenyon LLP Topic: Bankruptcy October 25, 2017 SPEAKER: TBD

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