Petroleum Training
Public class plan in 2019
Mineral Right Management

Course objective:

Understand mine area set up and management pattern, related mine mining tax and fee, three-dimensional management policy and regulation system in the world, especially in North America and Australia.

Understanding the international qualification requirements on enterprises engaged in resource exploration.

Know more about international mine regulations and conventions; learn advanced management methods and improve the management ability of mining right and qualification administration.

Expand their international vision, improve the comprehensive ability in management and strategic vision.

Course outline

Introduction to mineral right and exploration qualification in Australia

Overview of the mineral right concepts and definitions

Definition & requirements on exploration qualification

Settings of mineral right in Australia and how it is issued/granted

Mineral right management practice in Australia

Mineral, royalty and surface owners

Overview of the energy industry / oil & gas law for royalty owners

Leasing & surface use agreements

Solid mineral land usage fee and transfer fee

Coal Bed Methane mineral land usage fee and transfer fee

Conventional oil & gas mineral land usage fee and transfer fee

Solutions to cross-boundary formation disputes

Taxation & estate planning / role of mineral interests in financial Planning

Energy finance and management

Delay rentals, shut in royalties and lease administration

Oil and gas tax

Royalties and division orders (f&m)

Structuring exploration deals

Energy and land management

Critical title issues for petroleum land management

Understanding and negotiating the oil & gas lease

Farmouts: critical concepts and practices

Due diligence in the acquisition and divestiture of oil and gas properties

Understanding joint operating agreements

Understanding and settling surface damage claims

Local residents resettlement and employment

Environmental protection

Key issues on mineral right management

Advanced contracts: amis and farmout agreements

Advanced issues / surface use, damages & use agreements for private land

Advanced concepts in mineral title conveyancing & curative

Liability of mineral right owner and how to maintain good relationship with local government


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