COMPULSORY POOLING STUDY GROUP
NORTH CAROLINA MINING AND ENERGY COMMISSION
February 8, 2013
Multi-Purpose Room at Central Carolina Community College
764 West Street
1. Call to Order and Notice of NCGS 138A-15 - Ray Covington, Chairman
In accordance with the State Government Ethics Act, it is the duty of every member of the North Carolina Mining and Energy Commission to avoid conflicts of interest and potential conflicts. If any member knows of a conflict of interest or potential conflict with respect to matters coming before the Committee today, please identify the conflict or potential conflict at this time.
2. Background and Objectives– Chairman Ray Covington
3. Review of Minutes from Last Meeting –Chairman Ray Covington
4. Extinguishment of Mineral Rights - Dr. T. Feitshans, NCSU
5. Ownership of Oil and Gas Rights: The Surface Estate and the Mineral Estate –Don Kovasckitz, Director of Strategic Services for Lee County
6. USDA Loans and the Effects of Natural Gas Drilling –John Humphrey, the Humphrey Law Firm
6. An Overview of Compulsory Pooling in Five Oil and Gas Producing States –Layla Cummings, Volunteer Attorney, DENR
8. Discussion of Policy Options
Reminder to All MEC Members: Members having a question about a conflict of interest or potential conflict should consult with the Chairman or with legal counsel.
Reminder to MEC Members Appointed by the Governor: Executive Order 34 mandates that in transacting Commission business each person appointed by the Governor shall act always in the best interest of the public without regard for his or her financial interests. To this end, each appointee must recuse himself or herself from voting on any matter on which the appointee has a financial interest.