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  • Description
    The theory of “ownership in place” creates a unique position for the laws surrounding oil and gas companies. The theory, which stipulates that reserves can maintain their status in perpetuity, allows legal agreements, including those that are ambiguous or erroneous, to be upheld even centuries later. This CLE course will examine the creation and interpretation of oil and gas land and production interests and how some of the most common sources of ambiguity, including severance and royalties, may create confusion for title examiners and increased risk for oil companies and interests.
  • Instructor Bio

    Joshua Stein

    Josh Stein is a Texas oil and gas title attorney and graduate of Boston College Law School. The majority of his practice is dedicated to drafting drilling and division order title opinions. He has written title opinions on tracts throughout Texas, including lands bounded by avulsive rivers and pooled units within urban subdivisions.

    Josh Stein has also represented landowners in matters involving surface use agreements, termination of nonproductive leases, and nonpayment of oil and gas royalties. In addition to oil and gas, he has represented clients on matters involving public beach access rights and hurricane relief on Galveston Island.