In this month's edition:



Page 1

Texas Changes Payment Requirements

Page 2

President's Letter

Page 3

Behind the Scenes Planning for 2002
Donna Reeves

Page 4

State Bar of Texas-
Opportunity for
Associate Membership

Page 5

Icebreaker and NAPE 2002
S. Sullivan and M. Cousins

Page 6

Counterpart Connection

Page 9

Certification News

Page 10

State of Texas HB 981
An Act
Relating to Oil and Gas
Royalty Reporting Standards

Page 12

MMS Royalty Reduction Program

Page 13

NADOA 2002 Institute

Page 14

Test Your Title Knowledge

Page 17

Calendar of Events

Page 19

Board of Directors and
Committee Chairmen

© 2002, All Rights Reserved

By Stephanie Sullivan, CPL And Mary Catherine Cousins, CDOA

NADOA again had the opportunity to host a booth at the annual NAPE conference. As we have for the past 4 years, we shared our booth with HADOA. NAPE 2002 was held January 30 through February 1, 2002 at the George R. Brown Convention Center and this year’s event proved to be the best attended ever. There were approximately 829 booths representing over 500 companies. Over 8300 industry professionals attended this year’s event. NADOA & HADOA had over 1300 attendees visit our booth where we had the opportunity to introduce the services and resources NADOA & HADOA could provide to them. We made available the NADOA standardized Division Order form, NADOA Institute books as well as other valuable information. HADOA helped to draw in numerous attendees by offering a complete set of golf clubs that were given away the last day of the conference.

NAPE began a little over 15 years ago by the American Association of Professional Landmen (AAPL) and is now held as a co-operative effort by AAPL and the Independent Petroleum Association of American (IPAA). AAPL’s mission is to promote the highest standards of performance for all Land Professionals, to advance their stature, and to encourage sound stewardship of energy and mineral resources. Likewise, IPAA is dedicated to ensuring a strong, viable domestic oil and natural gas industry, recognizing that an adequate and secure supply of energy is essential to the national economy. IPAA represents 8,000 independent crude oil and natural gas explore/producers, as well as unaffiliated independents, royalty owners and service and supply providers to the domestic industry. NAPE provides a central market place for companies from all over the United States to display for sale their oil and gas prospects and producing properties and for prospective buyers from all over the United States to view and buy those prospects and producing properties. Financial and investment institutions were also present to provide potential sources of capital. Landmen, geologists, petroleum engineers, service providers to the oil and gas industry, financial and investment bankers find NAPE an excellent event to acquaint themselves with new business contacts and associates as well as to reacquaint themselves with old friends and business associates.

The Houston Association of Professional Landmen’s Icebreaker launched NAPE 2002 on the evening on January 29. Lots of good food and drink made a lively party atmosphere where old friends met to get an update and new acquaintances fast became new friends. Old stories were exchanged and new stories were created.

In addition to be able to visit all of the booths available, there was a live auction held at the conference by the Oil & Gas Asset Clearinghouse on the last day.

We would like to thank the following NADOA members who made this year’s booth such a great success: Steve Horgan (Interaction Committee), Mary Catherine Cousins (2nd Vice President – HADOA), Stephanie Sullivan (1st Vice President – HADOA) and Nancy Cemino. Additional HADOA members who also worked the booth were Douglas Stillwagon (President-HADOA), Lisa Buffaloe, Jesenda Allen, Kathy Rooney (Director) and Becky Martin.