Overview

This 3-day course is designed for industry professionals requiring an understanding of unique aspects of oil and gas property transactions. The course will focus on the skills required in evaluation (both buy-side and sell-side), financing, acquisition, and exploitation planning for an oil and gas entity. The course will include a real-world acquisition case which will examine undeveloped reserves, pipeline facilities, and competitive bidding. Divided into teams, participants will analyze the transaction, competitively bid to acquire the property, arrange financing, and plan to exploit the property post closing. The case considers both an asset and corporate shares acquisition with pre and after-tax cash flow analysis. Spreadsheet modeling and risk simulation of the transaction are included. Participants will gain an appreciation for those unique and specialized aspects of energy transactions as well as the nuances for forecasting product price, cost, and capital availability in successful business development. Participants are expected to bring a PC or Mac laptop, loaded with Microsoft Excel, to the course as course notes are provided electronically.

A complete set of course materials and lunches are included.

Outline

Introduction to Oil and Gas Transactions

Review of Cash Flow Analysis

Unique Aspects of Oil/Gas Acquisitions

Reserves and Cost Forecasting

Pipeline Operation

Environmental Considerations in Acquisition

Structured Finance and Hedge Strategies

Competitive Bid Theory

Project Capital Scheduling

Expected Value and Simulation of Forecasts

Management Presentation Preparation

Delivery Method: Classroom Training
Fee: $ 2295 USD
Early Bird Fee: $ 2,065.50 USD Enroll prior to Sep 4, 2011, nonrefundable
Location Houston, TX