PJVA Early Morning Session (EMS)

June 22, 2023

PJVA Members - Free
Non-members $10 +gst

We are pleased to announce the upcoming PJVA Early Morning Session (EMS) scheduled for June 22, 2023. During this session, our PJVA moderators will host a community discussion on three important matters stemming from existing PJVA model agreements. The primary objective of this EMS is to provide an educational platform where industry professionals can delve into emerging issues and gather valuable insights on the following topics:

1. Tie-In Agreements
   We will explore whether modifications are necessary to enhance the clarity of abandonment obligations for stakeholders.


2. Gas Handling Agreement ("GHA") 2014 Errata and Third Party Audit Rights
   The 2014 Errata document introduced by PJVA has imposed limitations on the extent of information accessible to third parties during audits, as per the executed and governing GHA. The PJVA is proposing that this October 2014 Errata be eliminated. We will critically evaluate the relevance of this Errata in the current industry environment and discuss contradiction to the existing audit clauses outlined in the governing agreements.


3. Accounting Matters on Gas Handling Agreement ("GHA")
   We will discuss the potential need for additional clarification regarding the type and nature of eligible costs that will eventually be flowed through to a third party for utilization. This could involve defining eligible costs or establishing a comprehensive accounting procedure. We encourage thorough deliberation on specific items such as overhead, eligible labor, and fixed/ownership costs.

We invite all members to actively participate in this EMS and contribute their valuable industry perspectives. This session serves as an exceptional opportunity to address these pressing matters, gather industry comments, and establish cohesive positions. We look forward to your active engagement and insightful contributions to the discussions.