On February 2, 2002 an organizational meeting was held at Pure Resources with 48 people in attendance to discuss the possibility of forming a local organization for Lease and Title Analysts. Nine of those at the meeting were members of the National Association of Lease and Title Analysts, and they offered information regarding the value of such an organization. The group decided to form a local chapter, and interim officers were elected:
President – Vicki Hathaway
Vice-President – Sarah Adamson
Secretary/Treasurer – Marianne McEwin
Numerous meetings were held by the interim officers and others to write the By-Laws, obtain the Secretary of State’s blessing and put together officers’ duties and many other details.
On May 21, 2002 the charter meeting of the Permian Association of Lease and Title Analysts was held at Burlington Resources Oil & Gas Co., LP. Twenty-one people turned in their dues and membership applications. All were committed to promotion, education and networking for Lease and Title Analysts. Each Charter Member was given a framed certificate. With the help of Pure Resources, Burlington Resources Oil & Gas Co, LP and Phillips Petroleum Company, PALTA became a reality.
Today PALTA has 115 members. In 2002, there were 3 Certified Professional Lease and Title Analysts in Midland and most local companies didn’t know what a CPLTA was. There are currently close to 40 CPLTA’s associated with PALTA. At each month's luncheon meeting, an informative speaker presents a relevant subject to increase members' knowledge of the Petroleum Industry.