Master Service Agreements in the Energy Industry: What Companies Need to Know

Companies in the energy industry that enter long-term relationships with one another may create master service agreements to provide a basic framework for those relationships. Master service agreements offer many benefits, including streamlining the contract negotiation process for specific projects and providing predictability and stability in the parties’ relationship. 
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Negotiating Oil & Gas Leases: Key Considerations for Landowners

Property owners whose land contains oil and natural gas can financially benefit by entering an oil and gas lease with an energy company. The company will construct and operate the infrastructure needed to drill and extract the resources from the landowner’s property. The lease pays the landowner a percentage of the revenues...
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Purchase and Sale Agreements in Business Transactions: What You Should Know

When a business chooses to sell itself to a strategic partner, the parties will structure their deal in a purchase and sale agreement. These agreements govern the deal price, payment terms, the process for closing the sale, representations/warranties, and the parties’ post-closing rights and obligations.  Understanding Purchase and...
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The Importance of Due Diligence in Your Business Acquisition

When it comes to purchasing a business, whether you are a seasoned entrepreneur or a first-time buyer, one of the most critical steps in the acquisition process is due diligence. This comprehensive investigation not only uncovers key information about the business you are about to purchase but also safeguards your investment. Here,...
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