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