McMurry University Hosts Advanced Royalty Owners Program

  Gary Ellison
  Monday, March 23, 2015 8:43 AM
  Archives 2014 - 2015

Abilene, TX

An advanced Royalty Owners Program for participants who have taken the basic class is being taught from March 24-26 in McMurry University’s Furr Welcome Center as part of an alliance with the Energy Institute at Texas Christian University (TCU) to offer training programs for mineral and royalty owners in Abilene and West Central Texas. A special program, Wealth Management and Estate Planning, will be held on March 27, also in the Furr Welcome Center.

The non-degreed, adult education programs are aimed at mineral owners who want to manage their mineral assets like a business enterprise and get everything that they are entitled to. They want to level the playing field when they interact with oil and gas companies. The Royalty Owner Programs are open to new or prospective royalty owners, who want to master the fundamentals of minerals management. 

The advanced ROP instructor is David Wallace. Wallace received a B.B.A. in Petroleum Land Management in 1978 from the University of Texas at Austin, studied law at Cambridge University (Emmanuel College), the University of Richmond, and graduated from South Texas College of Law.  He was admitted to the State Bar of Texas in 1982 and Board Certified in Oil, Gas and Energy Law by the Texas Board of Legal Specialization in 1989. He has also served as Sutton County Attorney since 1985.

His practice is weighted heavily to representation of landowners, especially royalty and mineral owners, in oil, gas and mineral transactions and litigation. He is a former council member for the Oil, Gas and Mineral Law Section for the State Bar of Texas and a life fellow of the Texas Bar Foundation.  He was also an executive director on the Mohair Council of America and he is presently a director of the National Association of Royalty Owners Texas.

"McMurry is committed to providing educational opportunities pertaining to the oil and gas industry, and our alliance with the TCU Energy Institute enables us to fulfill a portion of that commitment with programming specifically directed toward mineral owners," said K.O. Long, Dean of the School of Business at McMurry.

"We have been offering the Royalty Owner Programs for more than two years, and they have been a huge success in Texas and around the country," said Dr. Ken Morgan, Director of the TCU Energy Institute. "TCU is delighted to partner with McMurry to provide the programs to the mineral owners in West Central Texas and around the state."

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Gary Ellison