The Risk Shifting Provisions of the IADC Daywork Drilling Contract
Please join us for this seminar that will focus on the IADC Daywork Drilling Contract. This seminar is for in-house attorneys, drilling managers, operations engineers, and risk management personnel who participate in the negotiation of drilling contracts and obtaining liability insurance.
The IADC Daywork Drilling Contract is the most commonly used contract in connection with the drilling of wells in the Rockies and all other on-shore regions of the United States. It includes a number of risk allocation or shifting provisions with major economic and insurance ramifications, including becoming responsible for the repair or replacement of the drilling rig and injuries to other contractors caused by actions of the drilling contractor. This seminar will focus on those risk shifting provisions and related insurance coverage issues presented by this contract form. Our speakers have assisted clients in negotiating many drilling contracts and in addressing related insurance issues. The speakers for this program are:
- Gene Lang, Of Counsel, Davis Graham & Stubbs, LLP
- Randy Pharo, Of Counsel, Davis Graham & Stubbs, LLP
- Theresa Fadul, Executive Vice President and Director of Energy Practice, IMA, Inc.
March 13, 2014
Breakfast | 7:30 AM Program | 8:00 - 9:00 AM
About Davis Graham & Stubbs LLP
Davis Graham & Stubbs LLP, one of the Rocky Mountain region’s preeminent law firms, serves clients nationally and internationally, with a strong focus on corporate finance and governance, mergers and acquisitions, natural resources, environmental law, real estate, and complex litigation. Our lawyers have extensive experience working with companies in the energy, mining, technology, hospitality, private equity, manufacturing, asset management, and aviation industries. As the exclusive member firm in Colorado for Lex Mundi, the world’s leading network of independent law firms, DGS has access to in-depth experience in 100+ countries worldwide.