Open Access
How Far Does the CAPL Travel - A Comparative Overview of the CAPL Model Form Operating Procedure and the AIPN Model Form International Operating Agreement
Author(s) -
Michael Josephson
Publication year - 2003
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr492
Subject(s) - joint (building) , association (psychology) , key (lock) , operations research , computer science , economics , industrial organization , business , engineering , psychology , computer security , civil engineering , psychotherapist
The author examines the differences between the Canadian Association of Petroleum Landmen model form Operating Procedure and the Association of International Petroleum Negotiators model form International Operation Agreement and identifies the rationale behind the differing approaches to key aspects of joint operations. He concludes that, while each model form has its place in the specific industry for which it was developed, a workable international joint operating agreement must reflect the types of issues addressed by the latter model form.