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James N. Bostic

Biography

Jim Bostic graduated from the University of Texas with a B.S. in Petroleum Engineering, with Honors, in 1974. In his 14 year career as a petroleum engineer (before law school), he worked for Amoco Production Company, a small engineering consulting firm, an independent oil and gas exploration and production company, and a new independent oil company focused on producing property acquisitions, which he co-founded. During this time, Mr Bostic also attended the University of Tulsa, on a part-time basis, where he completed 50% of the course work toward an M.S. in Petroleum Engineering before being transferred to another city by Amoco. In 1988, he commenced his legal studies at the University of Texas School of Law, graduating in 1991 with his J.D., with Honors. Following 6 years with two small Austin law firms and 14 years as a solo practitioner, he joined Kelly Hart & Hallman as Of Counsel in 2011.

Mr. Bostic’s practice is primarily devoted to oil and gas law and related fields, such as natural resources, energy, and administrative law. He is Board Certified in Oil, Gas and Mineral Law by the Texas Board of Legal Specialization, and has been so certified continuously since 1997. Mr. Bostic has extensive experience representing clients before the Texas Railroad Commission and the Texas General Land Office on oil and gas matters, as well as wide-ranging transactional experience in oil and gas matters, including oil and gas leasing. His clients routinely include Fortune 500 companies, large and small independent oil companies, non-operating working interest owners, and individual mineral and royalty interest owners.

In addition to being an attorney, Mr. Bostic has maintained his status as a Licensed Professional Engineer in the State of Texas and remains active in numerous oil and gas related organizations, including the Society of Petroleum Engineers, the Society of Petroleum Evaluation Engineers, and the Society of Independent Professional Earth Scientists. He is the immediate past Chairman of the Central Texas Chapter of the Society of Petroleum Evaluation Engineers, and is a past officer of the local chapters of the Society of Petroleum Engineers and the Society of Independent Professional Earth Scientists.

Experience and highlights
  • Extensive representation of clients before the Texas Railroad Commission including, but not limited to, the following matters:
    • Field Rules
    • New Field Discoveries
    • Field Consolidations
    • Commingling Exceptions
    • Rule 37 Exceptions
    • Mineral Interest Pooling Act Cases
    • Fieldwide Unitization and Secondary Recovery
    • Qualified Subdivision Actions
    • Proper Well Classification
    • Enforcement Actions
  • Extensive representation of clients before the Texas General Land Office on pooling, leasing and related issues
  • Expert Witness Testimony on both Oil & Gas Law issues and Petroleum Engineering issues, including mixed Legal/Engineering issues
  • Representation of both Lessors and Lessees on Oil and Gas Leasing transactions
  • Representation of small oil companies involving Purchase and Sales Agreements
  • Representation of both Operators and Non-Operators concerning Joint Operating Agreements
  • Preparation of Unitization Agreements and Unit Operating Agreements, including representation of both Operators and Non-Operators in negotiations concerning such Agreements
  • Provide general oil and gas legal advice to both small oil companies and individuals on wide-ranging matters concerning Texas Oil & Gas Law
Affiliations and honors
  • Austin Bar Association, 1991 – Present (f/k/a/ Travis County Bar Association)
  • Board Certified, Oil, Gas & Mineral Law, Texas Board of Legal Specialization, 1997 – Present
  • Austin Bar Association; Oil, Gas & Mineral Law Section Chairman, 2004-2005
  • Rated AV® by Martindale-Hubbell  "Peer Review Rated", 1998 – Present
  • Licensed Professional Engineer, 1980-Present
  • Society of Petroleum Engineers, 1974-Present; Local Section Officer, 1996-1999
  • Society of Petroleum Evaluation Engineers, 1998-Present; Central Tex. Chapter Chairman, 2010-2014
  • Society of Independent Professional Earth Scientists, 1999-Present; Local Section Officer, 2001-2002
Education
  • The University of Texas School of Law, J.D., with honors, 1991
  • The University of Tulsa, graduate work toward a M.S. in Petroleum Engineering, 1978-1979 (no degree)
  • The University of Texas, B.S. in Petroleum Engineering, with honors, 1974
         Tau Beta Pi – Engineering Honor Society
         Pi Epsilon Tau – Petroleum Engineering Honor Society
Admissions
  • State Bar of Texas, 1991
Speeches & Publications
Mr. Bostic is Board Certified in Oil, Gas and Mineral Law by the Texas Board of Legal Specialization.