A Primer on U.S. Shale Development Webcast

Shale plays in the United States have dramatically changed the domestic oil and gas business over the last decade, as technological breakthroughs have allowed plentiful source rock to be developed on an economic basis. Though shale development was once the domain of mostly mid-sized and small producers, even supermajors are now actively involved in accumulating large shale acreage positions and engaging in extensive drilling programs to capitalize on this burgeoning unconventional resource, which will serve as a viable and stable energy source in the United States for decades to come.

However, while shale reservoirs present lucrative opportunities for producers, there are technical, legal, and political challenges that must be addressed. The financial crisis of 2008 further complicated matters for many shale developers, as funding sources for the capital-intensive projects became scarce and required many shale producers to rethink the commercial methods and structures used in implementing their development programs.

Join David Asmus, the leader of Morgan Lewis’s Energy Transactions Practice, and Michael King, an oil and gas partner in the firm’s Houston office, for a webcast presentation regarding U.S. shale development and some of the significant issues that developers must address for successful projects.

Topics will include:

• Deal structures and joint venture issues
• Environmental regulation
• Water supply
• Produced water issues
• Efforts to regulate hydraulic fracturing
• Other horizontal well issues
• Pipeline access
• Joint operating agreements – interaction with JV

When:
Wednesday, March 31, 2010
11 a.m.–12 p.m. EST ▪ 8 a.m.–9 a.m. PST

To register, please use the above registration link. For more information, please contact Robert Kelly at robert.kelly@morganlewis.com or 213.612.7207.

CLE Application for accreditation of this CLE program in NY, PA, TX and IL is currently pending.

CA MCLE Credit
This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of one (1.00) hour of General Education. Morgan Lewis & Bockius LLP, Provider No. 4730, certifies that this activity conforms to the standards approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum legal education.