Our Experience
The Oil & Gas practice of Conybeare Solicitors is built upon a solid foundation in commercial contract law matched with a key understanding of the risk-reward structure of the sector, which clients appreciate and rely upon to ensure that they have access to a first-class pragmatic legal and transaction advisory service wherever they may be operating.
Our Energy experience has been primarily gained working for Exploration & Production oil & gas companies operating in Europe, with a particular focus on Central Europe.
Oil & Gas – Farm-in Agreement – Hungary / Netherlands
We acted for a Hungarian oil & gas company on a complex farm-in agreement governed by English law which entailed the farm-out of a 75% participating interest in the exploration license within Hungary for unconventional resources and a 25% participating interest in conventional resources to a private equity backed Dutch company. Committed Work Program: USD 50m.
Oil & Gas – Joint Operating Agreements – Central Europe
We have negotiated, drafted and reviewed a number of Association of International Petroleum Negotiators (AIPN) based joint operating agreements (JOA) for the exploration and production of oil and gas in Central Europe, and we are familiar with the civil law issues which arise when adapting common law principles to be effective in Central Europe.
Oil & Gas – Tender for Bids – Hungary
We reviewed our client’s commercial objectives and then drafted a call for tender/tender for bids issued to a number of participants in respect of the sale of 3 producing gas wells in Hungary.
Oil & Gas – Joint Ventures – UK / Seychelles / Holland / Austria / USA
We have advised clients in respect of their rights and obligations under a variety of farm-in / farm-out agreements and joint operating agreements (JOA) as part of the corporate restructuring of continuing operations by way of sale & purchase of participating interests, automatic transfer of participating interests pursuant to issuing of default notices under JOA.
Oil & Gas – Joint Operating Company – Hungary
We acted for a Hungarian oil & gas company on its incorporated 50/50 joint venture arrangement (JOC) with another Hungarian major in respect of hydrocarbon exploration in the Hungarian/Croatian border areas, which involved the extensive assessment, review and conversion of Association of International Petroleum Negotiators (AIPN) based joint operating agreements (JOA) into a shareholders’ agreement and the negotiation and execution of a deemed operator services agreement.
Oil & Gas – Seismic Acquisition – Hungary
We acted in relation to the lengthy negotiation and execution of an onshore 3D seismic acquisition contract with a leading German contractor, as well as all related ancillary service-contracts, such as Quality Control supervision services agreement and ongoing contractual issues arising during the performance of the services.
Oil & Gas – Service Contracts – UK / Hungary
We have advised on a number of oil & gas service contracts relating to oil & gas upstream activities for both contractors and employers/principals, covering drilling contracts (conventional and HTHP wells), fraccing contracts, hydrocarbon and distillate disposal agreements, production operating contracts, production sharing agreements as well as leasing and operation of natural gas pipelines.
Oil & Gas – Gas Sales – Central Europe
We assisted our international client to negotiate and execute a contract with Eon for the sale of natural gas from its Hungarian producing wells, where the gas was to be transported along a newly built natural gas pipeline and then injected directly into Eon’s underground storage facility – approx. 30,000,000 m3 – as well as reviewing and assessing environmental and local authorities permitting issues.
Oil & Gas – Natural Gas Pipeline – Central Europe
We assisted our international client to negotiate and execute a contract for the construction of a new 22 km natural gas pipeline in Hungary including the financing arrangements as well as the contractual arrangements to connect the pipeline into Eon’s existing infrastructure, who would also lease part of their pipeline and undertake operational services and maintenance.
Oil & Gas – Exploration Licensing – Hungary
We managed and supervised a team of Hungarian lawyers on the legal and commercial strategy in a series of challenges to the client’s exploration licenses, which ultimately resulted in the issuance of judicial review proceedings to intervener claims being filed with the Supreme Court of Hungary prior to the matters being amicably settled.
