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Project Status Report

*Project Status Report as of February 3, 2023

COPAS Model Forms

Committee Project Status Comments By
Anticipated Council Vote
Joint Interest No projects to report      

COPAS Model Forms – Modifications & Interpretations

Committee Project Status Comments By Anticipated Council Vote
 Joint Interest MFI-40, 24-Month Adjustment Period for Joint Account Adjustments

Draft 3 released January 20, 2023.

Draft 4 expected by March 13, 2023.

March 1, 2023, emailed to MFI40Team@copas.org Fall 2023
Joint Interest MFI – 57, AD-1, Remote
Technology Centers (2022),
incorporating the 2022 Model
Form Accounting Procedure
into this MFI.

Draft 1 released January 30, 2023.

Draft 2 expected prior to Spring Meeting.

March 24, 2023, emailed to MFI57AD1@copas.org Spring 2024
Joint Interest MFI-36, Audit Rights of Non-
Participating and Non-
Consenting Parties and MFI-
37, Incentive Compensation
Costs
Recruiting project team
members to update these
publications
TBD TBD
Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
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OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

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