Drafting and Negotiating Master Service Agreements

This session examines best practices for drafting and negotiating Master Service Agreements (MSAs) to ensure consistent, balanced, and legally sound risk allocation.

Credit(s)

1.1

Duration

57 minutes

Long Description

Speakers

Credits

Materials

1.1 CLE Credits – Colorado

This course has been accredited for CLE credit in Colorado. CLE credit hours shown are for Colorado only. A CLE course number for Colorado will be provided to attendees on their certificates of attendance once a course has been completed. New Mexico attorneys who complete a course must notify us (cle@rmmlf.org) because we are required to report credits for you. If this course has been approved for RPL/CPL credit with the American Association of Professional Landmen (AAPL), the credits will be listed below in a separate section for AAPL. If applicable, Component Codes for AAPL recertification will also be provided. Please contact RMMLF if you need independent verification by the provider of your attendance or participation for CLE purposes. Except as provided above, RMMLF generally does not apply for accreditation from any other MCLE/CPD organizations for its online legal education program. Upon completion of a program a certificate of attendance will be issued to all attendees. Except as provided above, attendees must verify with their respective state bars and CPD organizations and their specific rules as to whether or not the certificate of attendance will be recognized by that body for MCLE/CPD purposes, and the number of CLE/CPD credits that may be available. The live presentation of the on-demand program has been accredited in most mandatory states as part of a larger course, but such accreditation does not assure recognition of the on-demand program.

BRIAN JOSEPH SHELTON has decades of legal experience in both litigation and transactional work for clients primarily in the energy sector. Brian began his legal career in 1999 as a litigation attorney assisting both oilfield service companies and operators in litigation matters including working interest owner disputes, collections, bankruptcy, personal injury, insurance, and trade secret litigation. Several years into his legal career, Brian shifted his practice to transactional law, taking the lessons he learned in litigation and applying them to the contracts he drafts and negotiates for his clients, keeping them out of trouble and getting them paid. Brian has considerable experience in the negotiation of agreements for the energy sector, including oilfield service agreements, drilling contracts, bid package terms and conditions, contracts for goods and services, “take or pay” sales contracts, consulting agreements, non-disclosure agreements, and transportation and construction contracts. Brian focuses his practice on the negotiation of oilfield master service agreements, and he has negotiated hundreds of MSAs on behalf of major operators and large oilfield service companies including consultants, engineers, mud and chemical providers, coiled tubing providers, directional drillers, cementing companies, pressure control companies, snubbing providers, disposal providers, measurement services and EPC companies. Brian’s experience with oilfield master service agreements is unparalleled as he has unique insight into the credit terms, liability risks, and other commercial and legal terms that certain service companies and operators are willing to accept without laboring through extensive contract negotiation. Brian is a proud veteran of the United States Navy, serving in both Operation Desert Shield and Operation Desert Storm in 1990-1991. Outside of work, Brian enjoys spending “quiet” time with his wife Tera Shelton and their three boys.