Oil & Gas Contract Negotiation

The negotiation of oil and gas business contracts requires the interplay of knowledgeable negotiating skills, an understanding of the business specifics, the contract's intended purposes, and a strategy to realize an acceptable (and profitable) final agreement.

Meeting these objectives in the negotiation process is critical to attaining the desired contractual arrangement with your negotiating counterparts. The challenge is convincing them to accept your requirements so as to make to forge the commercial relationship that will advance each party's interests. And with your counterparts having engaged their own high-powered attorneys to advance and protect the best interests of their corporate client (which are not necessarily aligned with your own business interests), it is incumbent that you retain the legal services of the appropriate contract lawyer and law firm.

At Neufeld Legal P.C., we strive to provide such representation in your commercial negotiations, as your company seeks to finalize contractual agreements in the oil and gas sector. In brief, what we strive to do is ascertain and surmise your objectives and those of your counterparts, determine a strategy to realize the optimal outcome and thereafter seek to implement that plan of action at the negotiating table, recognizing where compromise is required and where an assertive position is imperative.

The ultimate goal being the realization of a negotiated contract with which your company is capable of working with. It may not necessarily be everything you wanted or intended. It might not be as profitable as you may have contemplated. However, on balance, it has to work to your advantage (while mitigating dangers and liabilities to your company). And it is our role to help your business realize this objective when negotiating contracts for businesses engaged in the oil and gas sector.

For more information on the legal services of Neufeld Legal P.C. or to schedule an appointment, contact our lead lawyer Christopher Neufeld at Christopher@OilGasLawyer.ca or 403-400-4092.