Kel’s experience has focused on planning, negotiating, drafting documentation for, implementing and administering transactions related to the acquisition, exploration, development, production, divestiture and abandonment of oil and gas properties onshore and offshore Gulf of Mexico. Among the approximately 775 trade agreements Kel has created and administered are: prospect generation agreements; lease sale bidding agreements; farmouts; participations; purchases and sales of real properties, platforms, pipelines and facilities; production handling agreements; operating agreements; turnkey drilling contracts; wetland remediations; unitizations; seismic licenses; confidentiality agreements; pipeline right-of ways; and alliances for work from prospect generation to field abandonments. Kel has created and/or administered approximately 2000.
Oil and gas leases, and managed the acquisition or sale of approximately 200 offshore producing blocks. Much of the aforementioned work was performed in conjunction with Kel’s direction of unprecedented projects such as
(i) the first petition for forced integration with risk compensation in the State of Mississippi,
(ii) the establishment of seismic licensing alliances with success-based compensation arrangements, and
(iii) the acquisition of a platform and associated facilities under a contract with the MMS pursuant to a third party’s forfeiture of a supplemental bond in the federal waters of the Gulf of Mexico. Kel has acquired seismic licenses or access to approximately 4,000 blocks of 3D seismic data, conducted approximately 525 prospect presentations, and generated personal overriding royalty interests in approximately 35 OCS leases. Further, Kel has created onshore and offshore exploration and/or development programs in which he or his family trusts participate.