James Parrot

Shareholder

303-407-4458 | direct

303-407-4499 | firm

800-886-6566 | fax

jparrot@bwenergylaw.com

“I love working for my clients.  I’m honored to be a part of the work they’re doing - producing reliable energy. They’re the bedrock of our community and our economy.”

Printable Bio

OVERVIEW
 

James Parrot rejoined Beatty & Wozniak in 2015 and brings 12 years of experience, including nine years focused solely on oil and gas clients. He strives for business-oriented solutions that maximize operators’ abilities to complete projects and close deals quickly, efficiently, and securely.

 

James found his passion for oil, gas and energy work when he spent time during college studying in India, Thailand and China.  He witnessed first-hand what happens when energy is unreliable, expensive, or difficult to obtain.  He embarked on law school and a legal career determined to be a part of a secure and reliable domestic energy sector. Today, James is proud to be part of an industry that forms the backbone of the global economy, and provides reliable, affordable energy for billions of people.

 

James started in the oil and gas industry as a landman.  He traveled the Rocky Mountains obtaining leases, examining mineral title, negotiating and drafting joint operating agreements, and performing due diligence for acquisitions, divestitures, and oil and gas financing.  He is intensely proud of this background, because it gave him insight into his clients’ practical needs, and the challenges faced every day by individuals who work in the industry.

 

Today, he strives to be the solution to his clients’ challenges by focusing on oil and gas regulatory and transactional matters. Several of his past projects illustrate his approach.  He represented the Colorado Oil and Gas Association in the Colorado Air Quality Control Commission’s 2014 Oil and Gas Rulemaking. During this rulemaking, he worked with dozens of technical experts from more than twenty operators and trade groups to create an integrated industry position with broad support. James successfully represented an operator in an application for an enhanced oil recovery unit, despite determined objections from several parties.  Again, James worked with many technical experts in order to win approval for a project based on complex reservoir engineering and geophysical analysis. James has also represented several clients in freeing up cash flow from suspense funds with innovative approaches to title curative and statutory pooling.

 

James also enjoys writing and speaking engagements, and is a dedicated member of the Denver Association of Petroleum Landmen.

 

 
SELECT EXPERIENCE

Regulatory

  • Represented operators and trade groups in state and local rulemakings affecting oil and gas operations.

  • Won numerous contested administrative hearings for oil & gas companies in Colorado, North Dakota and Wyoming.

  • Negotiated and won approval for enhanced recovery units.

  • Obtained hundreds of spacing, pooling, density, and other orders from state commissions in Colorado, Wyoming and North Dakota.

  • Successfully defended alleged violations of administrative rules and regulations, resulting in $100,000+ fine reductions.

  • Secured drilling and surface use permits from Colorado, Wyoming and North Dakota state agencies, and land use approvals from local governments.

  • Successfully negotiated with local jurisdictions for acceptable MOUs and land use regulations.

 

Transactional

  • Examined title for over 100 drilling, division order and financing title opinions.

  • Led due diligence team for $300,000,000 acquisition in the DJ Basin.

  • Drafted and negotiated midstream agreements and JOAs.

  • Analyzed and rendered opinions for financing agreements, restructurings, and mortgage amendments.

  • Negotiated and drafted purchase and sale agreements.

  • Negotiated and drafted wellbore assignments and purchase agreements.

Industries

  • Exploration & Production

  • Federal, State and Local Energy Regulation

  • Oil and Gas

Practice Areas

  • Commission / Regulatory

  • Transactional / Corporate

Admissions

  • Colorado

  • North Dakota

  • Wyoming

Professional Activities

  • Member, Colorado, North Dakota and Wyoming Bar Associations

  • Chair, Denver Association of Petroleum Landmen Ethics Committee

  • Colorado Oil and Gas Association Connect Committee

  • Denver Association of Petroleum Landmen Education Committee

Education

  • University of Denver College of Law, J.D., 2004, Chancellor’s Scholar

  • University of Notre Dame, B.S., 1999, Political Science/Asian Studies

Speeches and Publications

  • Cover Your Assets: Evaluating Assets and Raising Capital in a Volatile Market, co-presenter with Jeff Becker at Colorado Bar Association’s Seminar on Oil, Gas, and Mining Law: Current Legal Issues (September 15, 2016)

  • Rocky Mountain 2015-2016 Regulatory Update, Denver Association of Petroleum Landmen Summer Educational Event (June 16, 2016)

  • The COGCC’s New Enforcement and Penalty Rules, EUCI Webinar (April 1, 2015)

  • Send Lawyers, Guns and Money: The COGCC's New $15,000 Fines, Live Presentation for COBAR Natural Resources & Energy Section (January 13, 2015)

  • Allocating Horizontal Wellbore Proceeds, Live Presentation for the Denver Association of Petroleum Landmen (January 15, 2014)

  • Landmen are from Mars, NDIC Regulators are from Venus: Navigating North Dakota’s Pooling and Spacing Waters, Live Presentation for the Denver Association of Petroleum Landmen, January 16, 2013

  • Wyoming Board of State Lands Adopts New Lease Form, Denver Association of Petroleum Landmen Newsletter, December 2012

  • Condemnation Actions and the Mineral Estate, Denver Association of Petroleum Landmen Newsletter, May 2011

  • Multiple articles in the Beatty & Wozniak, P.C. Energy News Alert

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