An Ounce of Prevention

In this episode, the host breaks down Force Majeure—a legal concept commonly found in contracts; including when to use it and when it cannot be used. The term, French for "superior force," is discussed in the context of natural disasters, wars, pandemics, and other unforeseen events. The podcast explains when the clause can be triggered, what kinds of events typically qualify, and why simply being...

How do you go from sale to signing? In today’s episode of An Ounce of Prevention, host Rachel Reese speaks with Robert Ward, the Vice President of Business Development at Kuva Systems, on the tension between making a sale and getting the contract signed. They discuss Kuva’s role in methane mitigation, the sales cycle, the move from a verbal agreement to a contract, and the common points of content...

NDAs are used for a wide variety of purposes, from keeping employee trade secrets confidential to sharing relevant information with investors. In today’s episode, Rachel Reese focuses on NDAs as they apply to selling assets. Reviewing your NDAs carefully now can help you avoid legal trouble later, so understanding the common clauses to look for can help your business stay in the clear.  Tune in fo...

Do you know how to read a Certificate of Insurance? Lots of people who handle Certificates of Insurance never learned how to read them, but Certificates of Insurance offer key insights that you will need to understand to minimize your liability. Today, we’re welcoming back Phil Lukefahr, who serves as Senior Vice President within the Natural Resource Group at CAC Specialty.  In this episode of An...

How do you know what type of contract is appropriate for a vendor? In today’s episode of An Ounce of Prevention, Rachel Reese speaks to Matt Reynolds on the types of agreements he has seen in and around the oil industry. Matt and Rachel discuss MSAs, IADCs, CSAs, and more; and how each type of contract may or may not be applicable to a contractor’s work. Additionally, they discuss the common pitfa...

The first episode of An Ounce of Prevention is about a key solution companies use to handle insurance requirements under MSAs - tiered insurance. Phil Lukefahr, the Senior Vice President of the Natural Resources Group within CAC Specialty, has extensive experience with tiered insurance. In fact, he has worked in oil and gas insurance for over two decades. He explains what tiered insurance does, th...

Like Benjamin Franklin said, “an ounce of prevention is worth a pound of cure.” In this podcast, we provide short, informative episodes drawing on industry expertise to give you the know-how to advance your career.  Host Rachel Reese is the Founder, CEO, and Executive Partner of R. Reese & Associates, an energy-focused law firm. RR&A is dedicated to keeping clients and listeners informed a...