LOGA Priority Legislation Signed Into Law

BATON ROUGE, LA (June 29, 2017) —The Louisiana Oil and Gas Association (LOGA) issued the following statement upon notification that Governor Edwards has signed House Bill 461, priority legislation that reinstates an incentive to operators who re-enter inactive and orphaned wells.

“This is a tremendous step in the right direction to reignite Louisiana’s oil and gas industry, create jobs, and increase revenue for the state,” said Don Briggs, President of the Louisiana Oil and Gas Association. “I want to thank Chairman Stuart Bishop and all who co-authored this legislation for their support and hard work throughout the legislative process. We must continue to fight to ensure that the oil and gas industry remains a cornerstone of our great state.”

At the request of LOGA, Chairman of the Natural Resources and Environment Committee, Representative Stuart Bishop (R-Lafayette), filed House Bill 461. This bill, now Act 421, lowers the severance tax rate by 50 percent for inactive wells and further reduces the severance tax rate on inactive wells that have been a part of the state’s Orphaned Well Program for five years or longer by 75 percent. The legislation received unanimous support from both the House and the Senate and will go into effect on July 1, 2018.

Click Here for link to the bill.

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LOGA President Named 2017 LAGCOE Looey

BATON ROUGE, LA (June 19, 2017)— The Louisiana Oil and Gas Association President, Don Briggs, issued the following statement in response to being named the recipient of the 2017 Louisiana Gulf Coast Oil Expedition (LAGCOE) Looey for his outstanding accomplishments and contributions to Louisiana’s oil and gas industry.

“The LAGCOE Looey golden hardhat has been worn by oil and gas icons since the mid 1950s, and I am extremely honored to be named this year’s Looey,” said Don Briggs, President of Louisiana Oil and Gas Association. “The oil and gas industry is a cornerstone of our culture and a major contributor to our state’s economy. We must continue to fight for the health of our industry and thus the health of our state.”

The LAGCOE Looey is an award given biennially to individuals in the oil and gas industry who have shown great contributions within their community and has distinguished accomplishments within the oil and gas industry. LAGCOE is a nonprofit organization focused on educational programs and a technical exposition and conference. LAGCOE’s mission is to cultivate economic growth of the energy industry by facilitating domestic and global business development and fostering the energy workforce pipeline.

Click Here to read LAGCOE’s announcement.

Click Here for more information about the award as well as a list of past Looeys.

 

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LOGA and LMOGA Issue Letter to Trump in Support of GOMESA

BATON ROUGE, LA (June 7, 2017) —The Louisiana Oil and Gas Association (LOGA) and the Louisiana Mid-Continent Oil and Gas Association (LMOGA) issued a letter to President Trump urging the Administration to include the Gulf of Mexico Energy Security Act (GOMESA) in the 2018 federal budget.

“Revenues that are shared through GOMESA are vital to the health of Louisiana’s working coast,” said Don Briggs, President of the Louisiana Oil and Gas Association. “The oil and gas industry worked hand-in-hand with the Congressional Delegation to ensure that these shared revenues were made permanent in order to protect Louisiana’s coastal communities. We will continue fighting to ensure that Louisiana and our oil and gas sector remain open for business.”

“The passage of GOMESA was a long road, which took many years to pass, that spanned over several administrations, said Chris John, President of the Louisiana Mid-Continent Oil and Gas Association. “These dedicated funds should be used for coastal restoration and protection as intended by the Congress. Louisiana expects these funds to be used as a steady and predictable funding stream. Even hinting at diverting these funds from its original dedication puts meaningful dollars for coastal restoration at risk. We urge the Administration to take this into account and confirm the sanctity of this agreement by continuing the funding stream to gulf states.”

In 2006, GOMESA was signed into law by President George W. Bush. This Act enhanced Outer Continental Shelf oil and gas leasing by offering 8.3 million acres for lease shortly after the enactment of the statute. GOMESA also allowed revenue sharing in the Gulf of Mexico between Louisiana, Alabama, Mississippi, and Texas for the use of coastal and hurricane protection projects, among other important initiatives.

Click Here to view letter.

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About The Louisiana Oil & Gas Association

The Louisiana Oil & Gas Association was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. LOGA’s primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana. Find out more information at: http://www.loga.la

About The Louisiana Mid-Continent Oil and Gas Association

Louisiana Mid-Continent Oil and Gas Association, founded in 1923, is a trade association exclusively representing all sectors of the oil and gas industry operating in Louisiana and the Gulf of Mexico.  LMOGA serves exploration and production, refining, transportation, marketing and mid-stream companies as well as other firms in the fields of law, engineering, environment, financing and government relations. LMOGA’s mission is to promote and represent the oil and gas industry operating in Louisiana and the Gulf of Mexico by extending representation of our members in the Louisiana Legislature, state and federal regulatory agencies, the Louisiana congressional delegation, the media and the general public. Find out more information at: http://www.lmoga.com




Update on LOGA President Don Briggs

FOR IMMEDIATE RELEASE

March 13, 2017

 The Louisiana Oil and Gas Association (LOGA) is pleased to announce Don Briggs is returning to his role as president of the association. As you will recall, he has been recovering from a serious head injury suffered in North Carolina last October. His rehabilitation has gone well, and he is now ready to reassume his role.

Mr. Briggs said, “It has been a long journey, and I am excited at the prospect of resuming my duties.”

Gifford Briggs served as acting president during his father’s recovery and will now return to his position as vice president.

The Briggs family is grateful and thanks everyone for the outpouring of support and prayers during these past months.

 

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LOGA And LMOGA Applaud Court of Appeals’ Decision to Affirm the Dismissal of Coastal Lawsuit

BATON ROUGE, LA (March 3, 2017) — The Louisiana Oil and Gas Association (LOGA) and the Louisiana Mid-Continent Oil and Gas Association (LMOGA) released the following statements upon receiving notification that the United States Fifth District Court of Appeals affirmed the dismissal of the Southeast Louisiana Flood Protection Authority – East’s (SLFPA-E) lawsuit against oil and gas companies alleging damages to coastal land.

“This ruling is a step in the right direction, but we have many more miles to cover,” said Don Briggs, President of LOGA. “Divisive and unnecessary lawsuits, like the Southeast Louisiana Flood Protection Authority – East’s and a multitude of other coastal lawsuits, are creating an unstable legal environment for the state and driving new oil and gas investments, jobs, and tax revenue into neighboring states. I applaud the court of appeals’ decision, and we will fight to see that similar coastal lawsuits follow the same course of action.”

“I was pleased to see the U.S. 5th Circuit Court of Appeals affirm the lower court’s decision to dismiss the Southeast Louisiana Flood Protection Authority-East’s ill-conceived lawsuit targeting the oil and gas industry for alleged coastal erosion”, said Chris John, President of LMOGA. “Our position remains validated by yet another court decision, further proving these allegations are baseless and without merit.”

In July of 2013, the Board of Commissioners of SLFPA-E filed a lawsuit in Louisiana state court against 97 exploration and production oil and gas companies. The lawsuit alleged that the oil and gas companies’ activities had damaged coastal lands and that they also “increased the risk of flooding due to storm surges and necessitated costly flood protection measures.” The district concluded that on all of the Board’s claims, none of the Board’s stated grounds for relief

constituted a claim under state law. The Board then appealed. On March 3rd, 2017 the United States Fifth District Court of Appeals affirmed the district court’s dismissal of the Board’s claim.

About The Louisiana Mid-Continent Oil and Gas Association

Louisiana Mid-Continent Oil and Gas Association, founded in 1923, is a trade association exclusively representing all sectors of the oil and gas industry operating in Louisiana and the Gulf of Mexico.  LMOGA serves exploration and production, refining, transportation, marketing and mid-stream companies as well as other firms in the fields of law, engineering, environment, financing and government relations. LMOGA’s mission is to promote and represent the oil and gas industry operating in Louisiana and the Gulf of Mexico by extending representation of our members in the Louisiana Legislature, state and federal regulatory agencies, the Louisiana congressional delegation, the media and the general public. Find out more information at: http://www.lmoga.com

 

 




Energy Leaders Respond to New District Court Ruling on Coastal Litigation, Gov. Edwards’ Renewed Calls for More Lawsuits



BATON ROUGE, LA (Nov. 10, 2016)— Louisiana Oil and Gas Association (LOGA) Acting President Gifford Briggs and Louisiana Mid-Continent Oil and Gas Association (LMOGA) President Chris John today issued the following joint statement in response to 24th Judicial District Court Judge Stephen Enright’s decision to grant a motion for a new trial in the lawsuits involving Gov. John Bel Edwards, Louisiana Department of Natural Resources (DNR), Jefferson Parish and numerous oil and gas exploration and production companies over alleged violations of coastal use permits:
 
“Judge Enright’s reversal is based entirely on assertions made by Gov. Edwards and DNR officials that the state doesn’t have the staff, the funding or the capability to address permit violations alleged in the coastal lawsuits.”
 
“Governor Edwards’ and DNR’s claim that they are incapable of addressing the alleged violations through the state’s well established administrative enforcement process is absurd. DNR manages an annual budget of $69 million and employs hundreds of scientists and inspectors. DNR’s primary duty and obligation under state law is to do the work that the Edwards Administration is now calling on our judicial system to do.”
 
“We fundamentally disagree with the view that our overworked, overburdened courts are more capable of enforcing the terms of state issued permits than an entire state department that has the resources and the constitutional obligation to do just that.”
 
“Gov. John Bel Edwards and DNR have completely abandoned the state’s longstanding administrative process in lieu of unprecedented litigation. They have made no effort to address—or even investigate—the validity of the claims alleged in these coastal lawsuits before resorting to judicial action. And in the many months since Gov. Edwards intervened in the litigation, DNR has not issued one single compliance order or permit violation.”
 
“By attempting to use our courts to circumvent the work of DNR and the administrative enforcement of state law, Gov. Edwards is setting a new precedent, which will have far-reaching implications beyond oil and gas to the entire business community.”

“The Edwards Administration’s shortsighted approach to litigation also makes the false assumption that energy producers are not doing their part to help solve the complex challenges facing our coast. Nothing could be further from the truth. Today, the oil and gas industry is the No. 1 private investor in Louisiana’s coast and environment. In addition to annual investments of as much as $200 million to support public sector projects included in the state’s coastal master plan, the industry also supports dozens of coastal and environmental projects being led by our private and nonprofit partners. These investments clearly illustrate that collaboration is much more effective than litigation in moving us toward our collective goal of protecting Louisiana’s coast.”
 
“We applaud the many, many local leaders who have rejected the Administration’s calls for more lawsuits and stood strong in the face of mounting pressure from Gov. Edwards and his team of lawyers. We humbly ask that you will continue to stand up for Louisiana’s oil and gas industry and help protect the energy jobs and wages that are so vital to our communities.”

“Gov. Edwards’ sue-first strategy will not result in a quick payday. As we have said on behalf of our member companies from the beginning, LOGA and LMOGA will continue to vigorously defend Louisiana’s oil and gas industry from this ill-conceived and divisive litigation.”
 
“If Gov. Edwards continues to pursue this misguided path, the only thing that’s clear is that this very long legal battle is just getting started.  As these unnecessary lawsuits wind their way through the courts over the next  10 or 20 years, many more energy companies will likely go bankrupt and those who don’t will choose to invest and create jobs elsewhere.”
 
“It’s time that we get back to doing what we do best in Louisiana, and that’s fueling our nation. Endless litigation is not the answer to strengthening our economy or restoring our coast.”
 

LOGA

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MEDIA CONTACTS:
 
Gifford Briggs
Louisiana Oil & Gas Association
225 892 7688

Gifford@loga.la 
 
Chris John
Louisiana Mid-Continent Oil and Gas Association
337 344 5987
chris.john@lmoga.com




Press Release: State tax task force recommends package of changes with broader base and lowered rates

FOR IMMEDIATE RELEASE
November 2, 2016

FOR MORE INFORMATION:
Byron Henderson
Public Information Director
225.219.2156
Byron.Henderson@la.gov

BATON ROUGE – Louisiana’s tax system would be simplified with lower rates, fewer exemptions and a broader revenue base under recommendations from the task force charged with developing a more stable funding model for state government.

The Task Force on Structural Changes in Budget and Tax Policy presented its final recommendations to the state legislature on Tuesday. The task force emphasizes that an effective tax structure should be fair, simple, and stable in the long term.

“Louisiana’s tax system should be easy to comply with and should be competitive with other states,” said task force co-chair and Secretary of Revenue Kimberly Lewis Robinson. “And there should be minimal exceptions, so we are advising lawmakers to address a multitude of exemptions, deductions and credits that have multiplied over the years.”

The task force’s recommendations focus on the budget, as well as sales, individual income, corporate income and franchise, and property taxes.

“We recommend implementing this full package as a comprehensive solution to stabilize the state’s finances,” said task force co-chair Jim Richardson, who serves also as chair of the state Revenue Estimating Conference. “A piecemeal approach will fall short of that goal.”

Budget

Recommendations include implementing and adhering to improved revenue forecasting, particularly with regard to the MFP, Medicaid and TOPS; and continuing the ongoing review of state contracts to identify opportunities for consolidation, renegotiation or elimination.

Sales Tax

Recommendations include reducing the state sales tax rate to no more than 4 percent; expanding the state sales tax base to include non-residential utilities and certain services currently taxed in Texas and other states; and retaining eliminations of exemptions made by the Legislature earlier this year.

Individual Income

The task force recommends two options for individual income tax changes.

One, a constitutional amendment repealing the state deduction for federal income taxes paid, would expand the tax base, narrow the brackets and lower all individual income tax rates by 25 percent:

a) 1.5 percent on the first $25,000 for couples ($12,500 single);
b) 3 percent on $25,001 through $50,000; and
c) 4.5 percent above $50,000

The second option, a statutory change removing the excess itemized deduction, would use the new three-bracket structure, but would leave the rates at 2%, 4% and 6%.

Various exemptions would be eliminated or allowed to expire.

Corporate Income

Corporate income tax recommendations include support for eliminating the state corporate income tax deduction for federal income tax, a constitutional amendment (Amendment 3 on the Nov. 8, 2016, election ballot). If passed, the amendment would also trigger a simpler, flat corporate income tax rate of 6.5 percent that would be more stable than the current graduated rate which ranges from 4 to 8 percent.

Property Tax

Recommendations include amending the state constitution to allow for the gradual, ten-year phase out of locally assessed ad valorem taxes on inventory.

The task force also recommends elimination over a five-year period of the state income and franchise tax credit for ad valorem taxes paid on inventory.

The full set of recommendations is available at www.revenue.louisiana.gov/taskforce.




Update on LOGA President Don Briggs

FOR IMMEDIATE RELEASE
October 17, 2016

Update on LOGA President Don Briggs

The physical condition of Louisiana Oil and Gas Association President Don Briggs slowly continues to improve, and he has been moved from an Asheville, North Carolina medical facility to his hometown of Lafayette for further treatment while he is recovering.

As you will recall, Mr. Briggs sustained a serious head injury after slipping in the stairway at a home in North Carolina.

Meanwhile, the LOGA Board of Directors executive committee has named its Vice President Gifford Briggs acting president of the organization pending Mr. Don Briggs’ return.

The family is very grateful for the outpouring of well wishes and prayers and continues to appreciate your consideration of their privacy at this time.

LOGA will provide additional updates on his condition as they become available.

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Terrebonne and Lafourche Parishes Respond to Governors Lawsuit Request

Members,

Please read the following letter from Terrebonne Parish President Gordon Dove concerning the Governors request for coastal parishes to sue oil companies. Note that both Terrebonne and Lafourche Parishes are represented in this letter to the Governor.


Attached please find a copy of our letter to the Governor in response to the request for Terrebonne and Lafourche Parishes to sue the oil companies or the State of Louisiana suing on behalf of Terrebonne and Lafourche as per the Governor’s request by letter.

This is definitely not in the best interest for Terrebonne to sue while other lawsuits are making their way thru the judicial system. Jefferson Parish’s lawsuit was dismissed and the SLFPA-E lawsuit was dismissed and in currently in the appeal process. This lawsuit would devastate our economy. The Louisiana Supreme Court will make the ultimate decision and set precedence with these other cases. Also under La. R.S. 49:214.36 E, the Court in its discretion may award costs and reasonable attorney’s fees to the prevailing party. (This could cost parishes millions of dollars.) Also these lawsuits are in no way a “slam dunk” and will be years in litigation.

click here to view letter

Please carefully read what is enclosed. Let me know if you have any questions.

Respectfully,

Gordon E. Dove
Parish President
Terrebonne Parish Consolidated Government




Krewe Energy Acquires Coquille Bay Field

NEWS RELEASE
FOR IMMEDIATE RELEASE
KREWE ENERGY ACQUIRES COQUILLE BAY FIELD

Covington, Louisiana—(Business Wire)—September 22, 2016— Krewe Energy, LLC, (“Krewe
Energy”) a privately held independent oil and gas exploration and production company based in
Covington, Louisiana, announced today that it recently completed the acquisition of 100% of a
Private Owner’s interest in and Operatorship of the Coquille Bay Field located in Plaquemines
Parish, Louisiana.

The Coquille Bay Field is a vintage South Louisiana property which has been actively producing
since the early 1950’s. The field is now being operated by Krewe Energy’s operating subsidiary,
S2 Energy Operating, and efforts are currently underway to further optimize and increase
production rates in the field. With this acquisition, Krewe Energy has meaningfully increased its
daily oil production rate and achieved a sizeable step forward towards its goal of doubling the
Company’s production rate by midyear 2017. In addition, the Coquille Bay Field offers Krewe
Energy some unique synergies with the Company’s existing operations in their nearby Breton
Sound 32 Field.

Krewe Energy continues to focus on the growth and further development of its existing asset
base while also seeking additional acquisitions of mature assets within its core operating area of
the Gulf Coast – South Louisiana oil and gas trend.

About Krewe Energy, LLC
Krewe Energy was formed in 2013 by its founders, Tom De Brock and Barry Salsbury, in
partnership with Houston, Texas-based Sage Road Capital. Based in Covington, Louisiana,
Krewe Energy engages in the acquisition, exploitation and development of oil and gas assets,
with a specific focus on conventional production opportunities in South Louisiana.

For more information on the Company, please visit www.krewe-energy.com.

Contact:
Krewe Energy, LLC
Susan Meaux
Phone: 985-898-4912 x103
Email: Susan@krewe-energy.com