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Course Number: 6790
Professor: Tara Righetti
Credit Hours & Type of Credit: 3
Semester Offered: Fall
Prerequisites: Students must have completed their first year of law school.
Recommended Courses: Property, Contracts, and Administrative Law
Course Overview: This course focuses on the basic legal rules and principles governing the ownership and development of oil and gas, derived from a combination of property, contract, administrative, and tort law. The majority of the class will focus on the mineral interest; the nature of the interest and leasing, title, and conveyances; and conservation law; permitting, pooling, and unitization. At the completion of this course you should understand substantive legal analysis of problems that may arise during the course of oil and gas development, identify drafting and lease interpretation issues, and appreciate how attorneys use contracts and mitigate and allocate risk.
Course Materials: See the current Book List located under Courses and Curriculum.
Course Format: Lecture
Written Assignments: N/A
Basis for Grading Student Performance: Participation (5%), Quizzes (20%), Midterm (25%), final exam (50%)
Other Comments: N/A