J. Jay Park
Jay Park is a Partner, and Chair of the Global Resources Practice Group with Macleod Dixon, where he has practiced oil and gas law since 1980. Based in Calgary, Jay leads a team of our international energy lawyers. Jay has represented oil and gas producers, consumers, marketers, pipeline companies and local distribution companies, governments, banks and investors. His practice has included oil & gas asset acquisitions and divestments, share acquisitions and divestments involving oil & gas companies, advising on production sharing agreements, concession agreements, product marketing, gas sales and purchase contracts, pipeline transportation matters, oil and gas pipeline asset dispositions, drafting legislation and regulations, oil and gas regulatory hearings, and joint venture and participation agreements.
In over twenty-seven years of practice, Jay has conducted oil & gas transactions and joint ventures, and negotiated, drafted and provided advice in respect of numerous oil and gas agreements and laws, principally in Canada, but also in Albania, Algeria, Azerbaijan, Brazil, Brunei, Cambodia, China, Colombia, Egypt, Equatorial Guinea, France, India, Indonesia, Iran, Iraq, Kazakhstan, Kenya, Kuwait, Lebanon, Libya, Mexico, Niger, Nigeria, Oman, Pakistan, Peru, Russia, Saudi Arabia, Somalia, Sudan, Thailand, Trinidad, Ukraine, United Kingdom, United States of America, Vietnam, Venezuela and Yemen. Jay has experience representing both investors and states; he has assisted governments and state oil companies in the design or amendment of petroleum regimes in eight countries, whose total resources comprise 49% of world oil reserves and 33% of world gas reserves.
Jay is actively involved in legal education and training. He is the instructor of the "International Petroleum Transactions" course at the Faculty of Law of the University of Calgary. He co-instructs the five day training course, "World Legal Systems and Contracts for Oil & Gas", which is held semi-annually in London. He also co-instructs the five day courses, "Global Gas Transportation and Marketing" and "International Petroleum Joint Ventures", which are presented annually in London and other locations.
- Alberta, 1981
- Regional Director, Canada, Association of International Petroleum Negotiators, 2008-2009
- Member, Law Society of Alberta
- Member, Canadian Bar Association
- Member, International Bar Association
- Member, Petroleum Joint Venture Association (President, 1991)
- Member & director (1997 to present), Petroleum Accountants Society of Canada
- Member, Canadian Petroleum Law Foundation
- Member, Association of International Petroleum Negotiators
- Member, Rocky Mountain Mineral Law Foundation (Trustee, 2003-2005)
Selected Publications & Presentations
- UPI Interview: Jay Park on the Iraq Oil Law, September 2007
- Guest, Canada's Business News Network with Howard Green. Click here to see the video explaining "The Resource Curse".
- Speaker, Iraq Petroleum 2007: International Investment in the Iraqi Oil Industry, and Instructor at the Post-Conference Workshop: Understanding the Emerging Petroleum Legal Regime in Iraq, Dubai, UAE, September 2007
- The Emerging Petroleum Legal Regime in Iraq, presentation to the Association of International Petroleum Negotiators, June 2007
Click here for updates to this presentation. - Oilweek article Of goats, sheep, camels... AND OIL featuring Jay Park, May 2007
- Nothing is Permanent but Change, first published in The Expert Guides Best of the Best 2006
- The Lady Freyberg Case: A Shut-in Well Might NOT Keep Your Freehold Lease Alive!, March 2005
- Lecturer, International Petroleum Transactions, Faculty of Law, University of Calgary, 2006 to present
- "World Petroleum Legislation: Frameworks that Foster Oil & Gas Development", (with W. Onorato of the World Bank), presented at the Jasper Annual Research Seminar of the Canadian Petroleum Law Foundation, June 2000; published in the Alberta Law Review
- "International Practice in Host Government Contracts: Lessons for IOCs and Host Governments", presented to CWC Associates Conference, "Legal and Fiscal Aspects of International Oil & Gas Regimes", Houston, October 2000
- Coauthor with Van Meurs & Associates Ltd.: the "International Practice Reviews," which compare certain key provisions of host government contracts for oil and gas operations in over 80 countries worldwide, published in the PetroCash® CD-ROM
Training
Jay leads training programs on various oil & gas topics, including the following:
- World Legal Systems & Contracts for Oil & Gas
The next four day seminar is in Londond, England., June 23-27 - International Petroleum Joint Ventures, July 2007
- Jay has also conducted multi-day industry training sessions on other topics, including Acquisition & Divestment of Oil & Gas Properties, and International Petroleum Contract Award & Administration. His multi-day training courses have been presented to over 300 delegates from over 100 oil & gas companies, governments and firms from 40 countries.
Click here for upcoming programs.
Contact Jay for further information.
- From 2003 to 2005, Jay assisted Pemex, the state oil company of Mexico, in the creation and award of the Multiple Services Contracts. The MSCs represented the first arrangement permitting international oil companies to conduct activities in Mexico since 1938.
- Jay advised the Government of British Columbia in connection with updating its petroleum regulations to address modern regulatory principles, focussing on the establishment of a suitable results-based regulatory regime that adopts the concept of single-window regulation.
- In 2005-2006, Jay assisted a client in the negotiation of one of the first post-war production sharing agreements in the Kurdistan Region of the Republic of Iraq.
- In 2007, Jay and other Macleod Dixon lawyers assisted a client in acquiring oil and gas properties in Tunisia.
- On behalf of the World Bank, Jay has advised the Government of Vietnam on revisions to its Petroleum Law to encourage foreign oil and gas investment in that country and is currently providing advice on creating the legal regime for downstream gas matters. Jay has also provided advice under World Bank arrangements to the Government of Russia regarding revisions to its Law on Trunk Pipelines.
- Jay advised the Kuwait Oil Company regarding its proposed Operating Service Agreement for certain fields in North Kuwait and Pemex in connection with its Multiple Services Contract proposal for gas development in Mexico. Jay has also drafted upstream petroleum legislation and production sharing agreements for the Government of Pakistan.
- Designated as a Band 1 leader in Oil and Gas by Chambers Global 2008
- Designated as a Leading Practitioner, 2008 Lexpert/ALM 500
- Oil & Gas
- Who's Who Legal's "Oil & Gas Lawyer of the Year", 2007
- Designated as a "Best Lawyer in Canada", 2007
- Natural Resources Law
- Chambers Global, The World's Leading Lawyers, Tier 1 Ranking, energy and natural resources law, 2007
- Who's Who Legal's "World's Leading Oil & Gas Lawyer", 2006
- Lexpert rating of "most highly recommended" for energy lawyers
- Lexpert/American Lawyer publication, Guide to the Top 500 Lawyers in Canada
- Lexpert list of Canada's 100 Most Creative Lawyers
- Lexpert list of Top 100 Lawyers in Canada
