Description

Table of Content

1. FOREWORD
2. INTRODUCTION
3. PRODUCTION AND ADMINISTRATION
   1. Preparatory Work
   2. Working Fund
   3. Accounts Payable
   4. Purchasing and Receiving
   5. Warehousing and Material Control
   6. AFE Administration
   7. Drilling and Construction
   8. Overhead Charges
   9. Operating and Maintenance Expenses
   10. Oil and Condensate Production
   11. Natural Gas Production – Processed and Non-processed
   12. Field Review (Oil and Gas Production)
   13. Sale of Producing Properties
4. EXPLORATION
   1. LAND DEPARTMENT
      1. General
      2. Scouting
      3. Lease Acquisitions
      4. Lease Rentals
      5. Farmouts
      6. Joint Operating Agreements
      7. Acreage Trades
   2. GEOLOGY DEPARTMENT
   3. GEOPHYSICAL DEPARTMENT
   4. PROPERTIES DEPARTMENT
      1. General
      2. Calendars
      3. Disbursement and Billing
      4. Checks
      5. Property Lease Files
      6. Suspense List
      7. Bank Account Review
      8. Surrendered Properties