Numbers Tell a Story, Calculating Your Division of Interest is a great class for any land professional who wishes to understand how the principles of calculating, key clauses of the oil and gas lease, and/or language from other agreements help to create oil and gas interests. This on-line class is not only fun and creative; it is also insightful and full of hands-on oil and gas issues that can be mastered. Each student will experience more than a math class; they will become involved in telling each of the interest owner’s stories with numbers. At the end of the class they will have a fuller understanding of the rules related to title conveyances, burdens, net revenue interests, overriding royalty interests, farmouts, payouts, and non-consenting interests.
Tuition:
$325.00 USD (includes textbook)
Textbook:
Two textbooks will be provided to each participant. The textbook entitled Numbers Tell a Story, Calculating Your Division of Interest corresponds with each of the on-line lessons. Both textbook and on-line lessons are filled with graphs, illustrations and visual helps.
Quizzes:
Multiple choice questions are offered at the conclusion of each chapter and a final quiz is offered at the conclusion of the course. These are graded on a pass/fail basis. Since participants are required to pass each chapter quiz before they can proceed to the next lesson, they are encouraged to use the information found in the on-line chapter or the corresponding textbook to help achieve a passing status. Participants can re-take each quiz until a passing status is achieved.
Certificate of Achievement:
Every participant successfully completing the course by passing each of the chapter quizzes and the exam at the end of the course will receive a Certificate of Achievement
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