Share on LinkedInShare on LinkedIn

ARTICLE · 14 MAY 2020

Operators' Remedies In Uncertain Economic Times

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
Contributor
Borden Ladner Gervais LLP

Borden Ladner Gervais LLP

With over 750 lawyers, intellectual property agents and other professionals, BLG services...

View firm profile
Explore more from Borden Ladner Gervais LLP

The current oil and gas pricing environment, exacerbated by the COVID-19 pandemic, will inevitably result in disputes amongst operators and non-operators arising from defaults on...

CanadaCoronavirus (COVID-19)

The current oil and gas pricing environment, exacerbated by the COVID-19 pandemic, will inevitably result in disputes amongst operators and non-operators arising from defaults on payments and disagreements about shut-ins. Accordingly, it is imperative for operators to be aware of their rights, obligations and available remedies.

What you need to know

  • Like its predecessors, the 2015 CAPL Operating Procedure includes a number of remedies for an operator when a non-operator does not pay its share of costs and expenses incurred by the operator. Pertinent amongst these are the operator's lien, the right of set-off, and the right to treat a default as an assignment of the non-operator's share of produced substances.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from