2017 NARO Pennsylvania Annual Convention Set for March 29-31 in State College

Posted: March 13, 2017

This year’s conference provides networking and resources all royalty owners will benefit to have in their toolbox.

The Pennsylvania chapter of the National Association of Royalty Owners (NARO) will be holding their annual convention March 30-31 at the Ramada Conference Center in State College. The convention is open to both members and non-members, and provides two full days of workshops and sessions.

Jackie Root, President of NARO PA, states, “Every NARO PA convention is fresh. The dynamics of shale oil and gas development change daily, and this is the forum with the latest information to keep mineral owners ahead of the curve.”

“Deductions remain the number one issue and will be covered in multiple sessions in addition to geology, infrastructure projects, regulation, legal issues, taxation, estate planning and more,” states Root. A panel of four oil and gas experts will discuss deductions in length.

A Royalty owner roundtable discussion will be held Wednesday evening, with Attorney Chip Abrahamsen, the first successful arbitrator against Chesapeake regarding deductions, joining the group. Thursday morning, Penn State’s Dr. Terry Engelder, Professor of Geosciences, will discuss the shale, followed by Penn State Educator David Messersmith, who will touch upon getting the products to market. The first day will close out with information on arbitration, litigation and mediation, followed by a networking reception.

Friday’s session will open with a national perspective and a look at regulations and well permitting. Concurrent sessions will be available for participants to choose from mid-morning, all led by experts in the oil and gas law and financial planning. Options for topics include mineral management 101, estate planning, taxation of oil and gas income, and title wash. Following lunch, a discussion on auditing check stubs and gas marketing will be held. The convention will end with a panel exploring deductions.

For more information on the convention and how to register, please visit the PA NARO website

The mission of NARO is to encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of mineral and royalty owners through education, advocacy and assistance to our members, to NARO chapter organizations, to government bodies and to the public.