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VOLUME 15, ISSUE 10 DECEMBER 2017
President’s Letter
Why Not Foundation 3
Industry Affairs 4,5
2017 Year in Review 6
Presidents Night 7-9
Fishing Tournament 10
Weekend Takeoff 11,12
Sporting Clays 13
Fun Run 14
Awards Night 15,16
Christmas Party 17-20
It’s December, the weather is FINALLY getting cold, and we are all busy with events, Christmas parties, and family gatherings. It’s the time of year that leaves you grateful for all you have, thankful for everyone around you, and circling the mall parking lot for the 5th time searching for a spot just a little bit closer. I love this time of year in this business because of all the parties and opportunities to see people, but also the charitable giving that goes on. The members of OCAPL are some of the most generous and this year we raised over $35,000 through all the philanthropic events hosted by our committees. Not to mention the countless volunteer hours to help these organizations. We teamed up with Russell Westbrook’s Why Not? Foundation for the 5th year in a row to serve over 850 dinners to the kids of the Boys and Girls Club of Oklahoma City and their families. It is personally my favorite event of the year, and not just because it’s an opportunity for me to pretend Westbrook and I are bros, but to see the excitement on the kid’s faces when they meet the Thunder star and leave with a full belly from what may be their only Thanksgiving Dinner. This year, thanks to the entertainment committee, Sam McCurdy and Brian Carlozzi, the OCAPL Christmas Party was a huge success. Being able to have it at The Jones Assembly speaks volumes to the hard work and thought put into these events. It was an opportunity to showcase one of the hip, new venues in Oklahoma City that show the direction our city is headed. The weather was perfect, the food was great and we raised over $20,000 to benefit Infant Crisis Services and Youth Services of Oklahoma County. Partnering with them this time of year is a huge help to them, as
their needs grow during the holiday months. Once again, all the credit for these great events goes to our membership and the committees who help keep them going. The 2018 renewal period is January 1st through February 15th. You can login to your profile on the website any time after January 1st and renew. You will receive a “renewal” email on January 2nd with instructions. It’s also a good time to encourage new memberships for anyone you know who would like to get involved. Along with membership renewals, we are also taking suggestion for our educational luncheon speakers. If you have any ideas, topics or speaker suggestions, please let Clarke Richards know. The education OCAPL provides is top-notch and we hope to continue to do so with relevant topics and great speakers. It is with great pleasure and relief that I write my last newsletter as President of OCAPL. I am passing the gavel along to Matt Beavers, who will serve this organization well. It has been an honor to serve this year and in years past, and I look forward to staying involved and being a part of what is to come in the future. Enjoy the holiday season and I hope you and your families have a very Merry Christmas.
Should you ever have suggestions, questions or concerns regarding OCAPL, please don’t hesitate to contact me.
Sincerely,
Robert Rice, CPL2017 OCAPL President
Points of Interest
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Jan. 8th
Feb. 5th
Mar. 5th
Apr. 2nd
May 5th
May 21st
Aug. 24th
Sep. 10th
Sep. 14-16th
Oct. 1st
Oct. 14th
Nov. 5th
Dec. 3rd
Educational Luncheon – Sponsored by Ball, Morse & LoweSpeaker from Ball, Morse & Lowe Topic – TBA Ethics CreditMonday Night Meeting – Social Meeting – No Speaker
Educational Luncheon – Speaker TBAMonday Night Meeting – Speaker –Tom Robins, Oklahoma Deputy Secretary of Energy, Topic - TBA
Educational Luncheon – Speaker TBAMonday Night Meeting – Speaker – Kate Richard, Founder/CEO of Warwick Energy Group - Topic TBA
Educational Luncheon – Speaker TBAMonday Night Meeting – Presidents Night - Speaker – David W. Miller, AAPL President
Fishing Tournament – Lake Texoma
Golf Tournament – Oak Tree/Oak Tree National
Sporting Clays Tournament – Silverleaf Shotgun Sports
Educational Luncheon – Speaker TBAMonday Night Meeting – Social Meeting - No Speaker
Weekend Take Off – Beavers Bend
Educational Luncheon – Speaker TBAMonday Night Meeting – Speaker TBA
Fun Run - Wheeler Park
Educational Luncheon – Speaker TBAMonday Night Meeting – Awards Night
Christmas Party
*IF YOU WOULD LIKE TO BE A LUNCHEON SPONSOR, PLEASE CONTACT CLARKE RICHARDS AT [email protected]
*GO TO WWW.OCAPL.ORG TO REGISTER FOR EVENTS*
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Why Not FoundationOCAPL helped host another wonderful Thanksgiving dinner for the Boys and Girls Clubs of Oklahoma County in conjunction with Russell Westbrook’s Why Not? Foundation. On November 14, we served meals to over 850 Oklahoma County youth and their families! This annual event would not be possible without all of the tremendous help by our volunteers in setting up, serving, and cleaning. It’s a great reminder each year that OCAPL cares about our community and helping those less fortunate. Thank you to everyone who volunteered!
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The GOP Tax Bill Is A Big Win For U.S. Oil And GasOilprice.comNick Cunningham Dec 06, 2017
The GOP tax overhaul passed both chambers of the U.S. Congress, although a lot remains to be done before a bill can reach the President’s desk. Still, there are a lot of changes in store for energy, and because much of the discrepancy between the two chambers is focused on some big-ticket tax items—and not energy—we can be reasonably confident about what to expect from the legislation in regard to the energy sector. On its face, the GOP tax proposal seems to be a big win for oil and gas. The most obvious item is the opening of the Arctic National Wildlife Refuge (ANWR), which, if not for the multi-trillion-dollar tax overhaul in question, would be a blockbuster proposal on its own. Republicans have pushed for years—decades—to open up ANWR to drilling, but have been stymied by opposition from the other side of the aisle. It’s hard to believe that the opening of ANWR, tucked into the tax bill, has received so little attention. But there are bigger fights these days.The inclusion of the ANWR language was critical to securing Alaska Senator Lisa Murkowski’s vote, and because the margin for error in the Senate is razor thin, there is little chance of that provision getting touched when the House and Senate try to reconcile their respective pieces of legislation.A few months ago, the Washington Post reported that the Trump administration’s Interior Department was quietly working on rules to allow seismic testing in ANWR, in the event that Congress acted to open up the refuge for oil and gas drilling. It seems that with the passage of
the GOP tax bill likely, the Interior Department might allow the industry to hit the ground running. Still, the remote location and lack of knowledge on the prospect for oil production in ANWR means that drilling won’t suddenly take off, particularly with shale in the Lower 48 offering a better business case. But, as the obstacles are removed, the industry will probably get its chance.
But ANWR isn’t the only aspect of the tax bill affecting the energy industry. Renewable energy could be hit hard. The House bill slashes tax credits for wind and solar, while the Senate version retains them. Those tax credits, readers may recall, were extended at the end of 2015 in exchange for a lifting of the decades-old ban on crude oil exports. The subsidies were supposed to last until the end of the decade, before phasing out by 2022.A more obscure provision—the Base Erosion Anti-Abuse Tax (BEAT)—would be scrapped under the Senate bill. It’s a complicated provision, but it would subject multinational renewable developers to a new 100 percent tax, which would be “devastating” to the entire industry, according to a letter sent to Congress by the American Council on Renewable Energy and other clean energy groups. Renewables projects would
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no longer be able to take advantage of tax equity, and the tax equity market would “collapse,” which would lead to “a dramatic reduction in wind and solar energy investment and development.”Also, the last-minute inclusion of the Alternative Minimum Tax in the Senate bill could put other clean energy tax credits out of reach for the industry.In addition, the House retroactively changed how wind projects qualified for a tax credit—a move that the American Wind Energy Association (AWEA) estimates would put 60,000 jobs and $50 billion worth of investment at risk. The provision, AWEA says, “would kill over half of new wind farms planned in the U.S.”
Oil and gas, on the other hand, would emerge unscathed. In fact, a last-minute provision tucked in by Senator John Cornyn (R-TX) allows oil and gas companies to be taxed at a lower rate. How this works is that energy companies classified as “master limited partnerships” could be taxed under the reduced “pass-through” rate. Other tax breaks enjoyed by the oil and gas sector are left untouched, save for one credit for producers of “marginal wells” and for “enhanced oil recovery.”
To be sure, there are a lot of changes afoot given that both chambers need to reconcile their differences. For instance, the inclusion of the AMT, most analysts seem to think, was an eleventh-hour move in the Senate to make the bill comply with budgetary rules. There is speculation that it won’t survice the final bill, although removing it means that revenue will have to be made up elsewhere.
However, overall, the final tax bill will likely carry out what the Trump administration has tried to do for much of its first year: reward oil and gas while taking aim at renewables.
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Members of AAPL | OCAPL | TAPL | DAPL | HAPL
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2017 YEAR IN REVIEW
Page 7BlueStar 2016.indd 1 1/7/16 2:18 PM
Jackfork Land, Inc.
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Phone:(405)840-5999
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For the past 30 years, Jackfork’s highly skilled landmen and results driven management team have delivered quality professional land services at a reduced cost.
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President—Robert Brock
VP Land and Acquisitions—Kiley Williams
VP Corporate Development—Dan Dickensheet
Presidents Night
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Presidents Night
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Presidents Night
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Fishing Tournament
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Providing a broad range of professional land servicesto the oil and gas exploration industry for over 25 years.
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Superior Title Services, Inc. offers vital services to the Oil and Gas Industry.With over twenty –five years experience, you can trust us to successfullyact on your behalf. We have the experience you need to get things done
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Weekend Takeoff
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Weekend Takeoff
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Sporting Clays
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Fun Run
Page 15
Awards Night
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Awards Night
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Christmas PartyCongratulations to all of the raffle prize winners at the Christmas Party! The raffle was a huge success, raising over $20,000 for Youth Services for Oklahoma County and Infant Crisis Services! These are two wonderful local organizations that depend on our help each year. Thank you to all of the incredibly generous sponsors this year and to everyone who bought raffle tickets!
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Christmas Party
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Christmas Party
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Christmas Party
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2017 OCAPL Officers*Executive Officers
and Committee Chairman Advertising Price List for the Ocapl Record
Advertisement Price:_______ Quarter Page Add @ $500 for full year (10 issues)Ad Requirments:- 3 1/4 wide x 4 1/2 tall
- Ads need to be submitted in PDF or JPG with at lease 150 dpi resolution
Payment is due prior to publicationCONDITIONS: All advertising copy is subject to the ap-proval of OCAPL. Where copy is not furnished by the deadline date, the space reserved will be moved to the next issue subject to availability. Advertising is accepted in the order in which it is received until all space is filled.
Oklahoma City Association of Professional Landmen Office
Teresa PortwoodOCAPL OfficeP.O. Box 18714Oklahoma City, OK [email protected]: www.ocapl.org
Next Newletter Deadline:JANUARY 11, 2018
2017 Newsletter Chair:Michael Fleharty
Prepared by Dustin Burton
President *Rice, Robert [email protected] President *Beavers, Matt [email protected] *Brooks, Jeff [email protected] *Hardegree, Jerrod [email protected] Past President *Watkins, Nick [email protected] Past President/Awards *Love, Amy [email protected]& Nominations Chair AAPL Director *Miles, Lindsey [email protected] Affairs Chair McGee, Jordan [email protected] Affairs Co-Chair Cotter, Heather [email protected] Chair Cloer, Ryan [email protected] Co-Chair Jeffries, Zach [email protected] Chair *McCurdy, Sam [email protected] Co-Chair Carlozzi, Brian [email protected] Irvin, Bill [email protected] Landman Chair Wickham, Diana [email protected] Landman Co-Chair Gibbs, Brian [email protected] Tournament Chair Graham, David [email protected] Tournament Co-Chair Cook, Nate [email protected] Run Chair Dickensheet, Dan [email protected] Run Co-Chair Rohlmeier, Heather [email protected] Night Out Chair Brockus, Alva [email protected] Night Out Co-Chair Anderson, Leslie [email protected] Tournament Chair Naik, Bhavin [email protected] Tournament Co-Chair Kammerer, Brandon [email protected] Affairs Chair Sweeney, Mont [email protected] Affairs Co-Chair Richards, Clarke [email protected] Affairs Chair Meek, Aaron [email protected] Affairs Co-Chair Hampton, Dave [email protected] Chair Love, Bethany [email protected] Night Speaker Chair *Campo, Jennifer [email protected] Night Speaker Co-Chair *Parks, Colt [email protected] Chair *Fleharty, Michael [email protected] Co-Chair Hogland, Tyler [email protected] EM Mentoring Co-Chair Vawter, Brandt [email protected] EM Mentoring Co-Chair Hennigan, Bryan [email protected] EM Advisor Long, Steve [email protected] Relations Chair Raney, Grant [email protected] Advisor Richards, Jack [email protected] Clays Chair Reed, Shannon [email protected] Clays Co-Chair Ritter, Chase [email protected] Chair Sevier, John [email protected] Co-Chair Wolfe, Alex [email protected] Take Off Chair Coshow, Larry [email protected] Take Off Co-Chair *Love, Amy [email protected] Manager Portwood, Teresa [email protected]
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NEXT MEETING NOVEMBER 4, 20�3NEXT MEETING JANUARY 8, 2018
