|Admission Details||1966, Texas; 1972, Oklahoma and U.S. District Court, Southern District of Texas|
|Education||Austin College, B.S.; University of Houston, LL.B.|
|Additional Bio Details||After leaving active duty in the Army Reserves in February 1962, Donald W. Taylor entered law school at the University of Houston and went to work for Standard Oil Company of Texas, a subsidiary of Chevron Oil Company. He worked in the accounting department for four years and in the land department for three years. He did joint venture accounting while in the accounting department. For the land department, he reviewed leases, drafted simple agreements, and worked on developing a system of maintaining critical dated for leases and agreements.|
In early 1969, Mr. Taylor went to work for Ada Oil Exploration Company where his duties included writing title opinions, drafting farmout agreements and other oil and gas agreements, and handling all blue sky work for the oil and gas and real estate offerings registered with the SEC under the 1933 Securities Act. He was also involved in private placements of oil and gas programs and in obtaining foreign oil and gas concessions.
In early 1971, Mr. Taylor was hired as General Counsel for the Oil Investment Institute, a trade association of Oil and Gas Companies involved in offering oil and gas securities under the 1933 Securities Act. Shortly after joining this organization, he became acting executive director as well as General Counsel. In addition to the legal duties, Mr. Taylor was in charge of the operations of the Institute. His principal legal duties were to assist the industry in negotiating with the State Securities Commissioners for guidelines covering oil and gas offerings and to negotiate legislation to regulate of oil and gas securities with the SEC. As a result of the efforts of the industry, guidelines for oil and gas offerings adopted by the states and a bill was introduced in the Senate by Senator John Tower in July of 1972. No action was taken on this legislation and it was again introduced by Senator John Tower in January of 1973. However Congress had lost its desire to regulate this industry because of other pressing matters.
In the Spring of 1972, before the introduction of the legislation, Mr. Taylor went to work as an attorney for Lewis Mosberg in Oklahoma City to, among other matters complete negotiations with the SEC for the legislation to regulate securities offerings of oil and gas programs.
At the end of 1972, Mr. Taylor returned to Houston to enter the private practice of law. Since that time he has been engaged in the practice of law primarily in the area of oil and gas, real property, wills and estates, and related matters and acted as Vice President and General Counsel for an east coast oil company for three years during the 1970s. He still represent several of the principals that were involved in the east coast company.