National Association of Division Order Analysts PO Box 2300 in This Lees Summit MO 64063 Subscription: by Membership to Issue NADOA, at $75.00 Per Year
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Nationall Association of Division Order Anallysts APRIIL // MAY // JUNE 2014 NADOA G R O W T H T H R O U G H E D U C A T I O N N a t i o n a l A s s o c i a t i o n o f D i v i s i o n O r d e r A n a l y s t s Volume MMXIV • No 2 wwwwww.N.NAADDOOAA..oorrgg NADOA 2014 Officers Contents President Mary Sons Feature 1st Vice President Articles Nancy Cemino, CDOA Unclaimed Property – California, Florida ..............6 nd 2 Vice President New Wyoming Royalty Brenda Pirozzolo, CDOA Reporting Policies and Seminar.............................7 Treasurer Legal Update – Cheryl Hampton North Dakota Supreme Court Decisions ...............8 Corresponding Secretary Legal Watch – Oklahoma...................................... 10 Sharon Siemer, CDOA Legislative Watch – Colorado.................................11 Legislative Update – Recording Secretary Nevada and Federal Fracturing rules .................12 Jason Lucas Institute ................................................................13 The NADOA News Magazine Marcellus Shale Issues ...........................................25 is a quarterly publication of the National Association of Division Order Analysts PO Box 2300 In This Lees Summit MO 64063 Subscription: By membership to Issue NADOA, at $75.00 per year. President’s Corner .................................................. 2 News Magazine Editor Membership Recognition Nominations .................. 3 Rona L. Erickson, CDOA Certification ...........................................................4 Kaiser-Francis Oil Company Test Your Knowledge ....................................... 5 [email protected] Decimal Points ........................................................5 918.491.4319 Counterpart Connection ........................................34 Publisher New Members .......................................................37 Cockrell Enovation Interaction .............................................................41 FortWorth,TX 2014 NADOA Board and Committee Chairs.........42 [email protected] 817.336.0571 Calendar of Events ................................................44 On the Cover: Navy Pier night skyline Photo courtesy of Choose Chicago All rights reserved. No part of this publication may be reproduced/copied without written permission. Editorial disclaimer: The contents of this newsletter are intended for member use only and any other use without permission from the NADOA Board of Directors is strictly prohibited.Articles published herein represent the view of the authors; publication neither implies approval of the opinions expressed nor accuracy of the facts stated and NADOA accepts no liability for misprints. G R O W T H T H R O U G H E D U C A T I O N – APRIL/MAY/JUNE 2014 1 President’s Mary Sons Corner 2014 NADOA President Hello fellow NADOA members! We’ve made it through the first quarter of 2014. It's time for warm weather and outdoor activities. Late spring and summer are my favorite times of the year because it means being outdoors with my family and going to the lake. I would prefer an ocean beach, but in northeastern Oklahoma, I will settle for a lake! Thank you to all of those who have renewed your membership thus far. To those of you who are new to NADOA this year…WELCOME! By the way…have you added a photo to your profile on the website? If not, please do! The different NADOA Committees are in high gear to make this another great year. I appreciate the efforts of all the committee volunteers. They really do work hard to make this organization the best it can be and to meet the needs of the members. Please thank these people every chance you get! I would like to thank Sandi Rupprecht, Education Chair, as well as Jason Lucas and the firm of Steptoe & Johnson for a successful Regional Seminar in Oklahoma City on April 22. A special thank you also to Chesapeake for providing the meeting space for the seminar. With our Annual Institute coming almost a month earlier than last year, the Institute Committee has had a shorter amount of time to prepare, but they are doing a great job. I think you will find that the Program Committee has put together a solid, varied program for you this year. We have had members suggest that NADOA offer classes on Wednesday, so we are giving that a try this year and offering two different ½ day calculation workshops. There is every reason we should have a great turnout for Institute in Chicago, September 3 – 5. Chicago is easily accessible and offers reasonable, direct flights from many cities. The hotel venue is in the heart of downtown Chicago, close to Lake Michigan, Navy Pier, Magnificent Mile and the Chicago River. We hope you are making plans to join us for “Learning Today….Leading Tomorrow”. For those of you who use Facebook, remember that NADOA has a group page. This could be a good way for members to communicate or share pertinent industry news. Let’s see how many “likes” we can get for the page. The last time I looked, we were at 103. I would like to bring your attention to the Model Form Division Order which was adopted by NADOA in September of 1995. An example of this form is available on our website and is used by many companies as their standard DO form. As a reminder, please note that if you or your company makes any changes to this form by adding, revising or removing any language, you will need to remove the header “NADOA Model Form Division Order (Adopted 9/95)”. Remember, the NADOA Board is here to serve YOU, the members, so if there is anything that I or the board can help you with, please contact us. 2 N A T I O N A L A S S O C I A T I O N O F D I V I S I O N O R D E R A N A L Y S T S MEMBERSHIP RECOGNITION AWARDS Each year NADOA honors members of our organization through during the past year. the Membership Recognition Awards. The awards are given to members who are nominated by their fellow NADOA members in Please read over the categories on the form below and if you know three categories: Interaction, Education and Lifetime an NADOA member who you feel fits one of these qualifications, Achievement. The Interaction Award is given to a member or please use the form to nominate that person. Be sure to fill out the organization which has shown leadership in promoting our section detailing the person’s/company’s contributions and services. profession to the community. The Education Award is given to a member who has gone above and beyond to promote education by All nominations are due no later than May 16, 2014. Once the giving of their time and talents to the betterment of our profession. nominations are received, the Membership Recognition committee The Lifetime Achievement Award is given to a member who has will review the nominations and determine the final candidates for shown outstanding leadership in the division order profession submission to the NADOA Board for a final vote. through contributions to the industry during his/her career. Awards will be given to the recipients at the 2014 Annual Institute In addition to honoring members, NADOA also presents a in Chicago in September. Corporate Award, which is presented to the group/company that has contributed significantly to NADOA’s growth and If you have any questions please contact Norma Dooley at 817- development, the Division Order profession and/or the industry 335-2222 or by email at [email protected]. 2014 Nomination Form for NADOA Membership Recognition Awards I would like to nominate ____________________________________________________ for the award(s) marked below: ______ Interaction Award: Presented to the NADOA member or affiliated organization who has demonstrated leadership in the promotion of the profession to the industry and the community. ______ Education Award: Presented to the NADOA member who has achieved a level of unusual distinction in NADOA’s education activities, as demonstrated by their contribution of time and service to the betterment of Division Order professionals. ______ Lifetime Achievement Award: Presented to the NADOA member who has exemplified the Division Order profession through demonstrated leadership contributions to the industry and the profession during his/her career. ______ Corporate Award: Presented to the group/company that has contributed the most to NADOA’s growth and development, the Division Order profession, and/or the industry during the past year. Please detail the nominee’s involvement in NADOA, the services they have performed and/or contributions they have made (You may attach a separate sheet if necessary). _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ Nominator: ___________________________________________________ _________________________________ (Please Print) (Daytime