JOA – Comparison 1956 – 2015 – Acquisition Necessities

Course Overview Video

Diversify Your Career Skills

This course is a must for those who are getting involved with acquisitions and divestitures for the first
time or for those who have been involved with them for years and brings out some key differences in
the JOA from 1956 through 2015.
It is important to know these differences because in some acquisitions the properties are subject to
older JOA’s such as the 1956, 1977, 1982 or 1989 model form agreement.

Syllabus

• Understanding the development of the AAPL Model Form JOA
• Understanding the Exhibits
• Understanding Royalty Payments
• Title and Loss of Title Issues
• Subsequently created interest issues
• Operational procedures
• Conduct of Operations
• Establish Procedures
• Operator’s Expenditure Authority
• Subsequent/Consent – Non-consent Issues
• Administration of the Unit
• 1989 JOA and Beyond
• Changes to the 2015 Model Form JOA

The course writer and instructor:
Pat Fitzgerald
David Melton

Enrollment Options

Live Classroom

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • Document Downloads
  • 10 Course Contact Hours
  • Student Minimum: 10

$1,500

Live Webinar

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • Document Downloads
  • 10 Course Contact Hours
  • Student Minimum: 5

$1,250

Self-Paced Online


  • 10 Course Contact Hours
  • Course Duration is 6 months

$495