June 28, 2012 – University of Houston Law Center student Mike Olsen, 3L, has won the 2012 Association of International Petroleum Negotiators (AIPN) Student Writing Competition. Held annually, the competition asks students to examine an issue of their choice directly related to international petroleum negotiations. As a winner, Olsen will receive an all-expense-paid trip to Rio de Janeiro, Brazil, for the AIPN International Conference in October as well as a one-year AIPN membership.
“Winning the AIPN Student Writing Competition is a great honor,” Olsen said. “I am especially looking forward to the AIPN conference in Rio. Being selected has helped to affirm my study of oil and gas law, and emboldened my interest in all aspects of the oil and gas sector. I have even taken the initiative to become a committee member of the AIPN Model Contract Committee for revising the AIPN Farmout Agreement.”
Olsen’s paper, “Russia: Contractually Solving the Hold-up Problem for International Oil Companies,” was selected as one of two winners of the competition. The essay will be published in an upcoming issue of AIPN's newsletter the Advisor and may be published in the Journal of World Energy Law and Business.
“This will be my first paper published so I am ecstatic to have been selected as one of the winners,” Olsen said. “Russia is currently contracting with international oil companies to explore the arctic. This piqued my interest since I have studied abroad in Serbia and am interested in Slavic culture. The competition gave me the opportunity to write about something relevant to current practitioners and to learn more about international petroleum agreements.”
AIPN has sponsored the annual student writing competition since 2001. It is open to all full-time seniors in a four-year program and all graduate students enrolled at an accredited university.