Farm out is an assignment or partial assignment of an oil and gas lease from one lessee to another lessee. In the assignment the first party retains an overriding royalty or other type of economic interest in the mineral production. “an agreement by one who owns drilling rights [farmor] to assign all or a portion of those rights to another [farmee] in return for drilling and testing on the property” John S. Lowe, Analyzing Oil and Gas Farmout Agreements, 41 Sw. L.J. 759, 762 (1987) Oil and Gas Joint Operating and Farmout Agreements Crafting Instruments That Address Modern Exploration and Production Challenges Today’s faculty features:

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Silver prices remain near all-time lows. Currently, currencies appear to have taken a role as a safe haven rather than precious metals. However, this would end silver would rise dramatically. BARRON'S concludes that using the Silver Institute's figures the world will run out of silver completely in 4 years, while CPM's figures indicate 3 years. The article's conclusion is as long as people continue to sell from inventories, the price will only rise once those inventories are gone. Then, we're going to show you what happened with silver prices during the last economic recession and what it means for silver prices this time around… Here's How Silver Prices Have Performed in

Pareto charts have been used in project management, especially Six Sigma, as a useful tool. The Pareto chart shows vertical bars (in descending order) and a

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