NARO to host educational conference for mineral owners - WOWK 13 Charleston, Huntington WV News, Weather, Sports

NARO to host educational conference for mineral owners

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Photo courtesy of National Association of Royalty Owners. George Daugherty poses in front of a portrait of Mike Benedum, aka the Great Wildcatter, of Bridgeport. Daugherty will portray Benedum at the 2014 NARO Appalachia Conference. Photo courtesy of National Association of Royalty Owners. George Daugherty poses in front of a portrait of Mike Benedum, aka the Great Wildcatter, of Bridgeport. Daugherty will portray Benedum at the 2014 NARO Appalachia Conference.
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As the oil and gas industry gains momentum throughout West Virginia, more and more Mountain State residents are being approached by industry representatives about leasing opportunities. The process can undoubtedly be intimidating for those who are unfamiliar with the industry, which is why the National Association of Royalty Owners is inviting royalty owners, mineral managers, industry professionals and anyone else with a desire to learn to the association's 2014 Appalachia Conference Sept. 7-9 at The Greenbrier in White Sulphur Springs.

The conference will feature presentations and panel discussions from industry leaders, mineral owners and geologists, among others, who will provide information about the leasing process, landowner experiences, state legislative issues, hydraulic fracturing and horizontal drilling, along with the history and future of the industry.

“One of NARO's primary goals, across the country, is to educate mineral owners about how to best manage their mineral property,” said Cynthia Simonds, NARO national development director. “Mineral owners come from every walk of life: teachers, business owners, firefighters, accountants, homemakers; what they have in common is that generally they are not in the oil and gas business.”

Attendees will have the opportunity to ask top industry professionals their questions about leasing, geology, royalty or drilling units.

“Probably the vast majority of people who sign leases have little or no understanding of what is in the lease and could be taken advantage of,” said NARO Treasurer Dick Wilson. “That's one advantage of being a member of NARO — gaining knowledge of what the leases mean.

“Nobody should sign an oil and gas lease until it's been reviewed by an attorney.”

Bob Hart, president of NARO's Appalachian Chapter, said any mineral or royalty owners who are unfamiliar with the industry should attend the conference to hear what experiences others have encountered throughout the process.

“It's a good place to learn,” Hart said. “They're going to be expressing what happened, what surprised them, what pluses and minuses.

“These are people that have already been down that road.”

Actor George Daugherty will also make an appearance portraying the late oilman and philanthropist Michael Benedum to discuss “his” accidental step into an oil and gas career in 1890, which changed the course of the oil and gas industry and ultimately the lives of many through the more than $100 million he left to benefit West Virginia and Pennsylvania citizens through his foundation.

In addition, a presentation of the documentary film “Burning Springs” will be hosted by the film's producer and writer Diana Sole Walko.

The registration fee is $349 for members; $399 for non-members, which includes a one-year membership; and $75 for spouses and/or students.

To register for the conference, visit naro-us.org/events or call the national headquarters at 800-558-0557.

 

NARO 2014 Appalachia Conference Agenda

Sunday, Sept. 7, 2014

3-5 p.m.: Registration

5:30-6:30 p.m.: Networking Reception (Cash Bar)

Evening: On your own. Call now to assure your dining reservation for any on-site restaurants

Monday, Sept. 8, 2014

8 a.m.: Opening Remarks — Bob Hart, President, Appalachian Chapter

8:15 a.m.: NARO — Jerry Simmons, Candice Brewer, Cynthia Simonds

8:45 a.m.: Marcellus, Utica, Berea and More! — Lee Avary, Consulting Petroleum Geologist; Brandon Nuttall, Senior Geologist, Kentucky Geological Survey

9:45 a.m.: Break

10 a.m.: North Carolina Oil and Gas Update — Ray Covington, NC Energy

10:45 a.m.: What happens after the lease? — Dr. James Caveney

Noon: Lunch and Keynote Speaker — Rep. W. Keith Hall, Kentucky House Energy Committee Chairman

1:30 p.m.: Horizontal Drilling and Fracking — Brooks Javins and Greg Kozera

2:15 p.m.: Estate Planning Basics and Bank Trust Services — Melissa Bizyak and Linn Willers

3 p.m.: Break

3:15 p.m.: Ask the Experts — Leasing, Geology, Royalty, Drilling Units

3:30 p.m.: “Burning Springs,” Oil and Gas Industry's Beginning — Diana Sole Walko

5:30 p.m.: Reception

6:30 p.m.: Banquet, Actor portrayal by George Daugherty, “The Great Wildcatter: Mike Benedum”

Tuesday, Sept. 9, 2014

8 a.m.: Pooling Legislation Panel Discussion, Lessees and Lessors

9:15 a.m.: Break

9:30 a.m.: Mid-stream Operations - What is this? — David Ladonne, MarkWest Corp

10 a.m.: New Gas Transmission Pipelines Panel, Right-of-Way Thru Construction

11 a.m.: Natural Gas Industrial Uses — Tom Bloch

11:45 a.m.: Conference Wrap-Up, Q&A

1:30 p.m.: Appalachia Chapter Board of Directors Meeting (Adjourn at 3 p.m.)

 

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