Crude Oil Purchase Agreement

<< Click to Display Table of Contents >>

Navigation:  First Purchaser > FP Reports > Letters Tab >

Crude Oil Purchase Agreement

Crude Oil Purchaser Agreement – This process will create a Crude Oil Purchase Agreement and assign a number to each which will be used when returned. Signed returned Agreements will create a Price Contract.

LC-1 Create Purchase Agreement

Creates Crude Oil Purchase Agreements. You have the ability to define the Operator(s), Lease(s), Start Date, End Date, Price Index and Quality for the Crude Oil Purchase Agreement.

LC-2 Returned Purchase Agreements

Provides a way to updates Purchase Agreements as Signed, Unsigned, or Wrong Address. Also provides a way to reprint Purchase Agreements.

LC-3 Purchase Agreement Report

This report provides a list of Purchase Agreements by status.