Project Status Report

*Project Status Report as of January 31, 2021

COPAS Model Forms

CommitteeProjectStatusComments By
Anticipated Council Vote
Joint Interest Accounting Procedure Draft 4 expected in Q1

COPAS Model Forms – Modifications & Interpretations

CommitteeProjectStatusComments ByAnticipated Council Vote
Joint Interest Remote Technology CentersFinal voting draft distributed end of January. JI & Audit Committee vote in April.
April 2021, contingent on committee approval & waiver of 60-day notice
 Joint Interest MFI to accompany new model form Accounting ProcedureDraft 2 expected in Q1
Joint InterestMFI-40, 24-Month Adjustment Period for Joint Account AdjustmentsDraft 1 expected by April meeting

COPAS Accounting Guidelines

CommitteeProjectStatusComments ByAnticipated Council Vote

No projects to report

COPAS Training & Reference

CommitteeProjectStatusComments ByAnticipated Council Vote
RevenueTR-7, Severance Tax GuideVolunteers needed for ongoing updates. Contact Revenue Committee Chair.