PetroSync - Financial Assets Valuation for Oil & Gas

PetroSync - Financial Assets Valuation for Oil & Gas

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  Supported By PETROSYNC’S ACCOUNTING& FINANCE SERIES Your Key To Access & Value The Worth Of Your Business 25 April—27 April 2016 Kuala Lumpur, Malaysia FINANCIAL ASSETS VALUATION FOR OIL & GAS
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  2 Our Financial AssetsValuation for Oil & Gas guides participants through reserves estimation and subsequent economic valuation of exploration and production projects. ACCOUNTING & FINANCE | FINANCIAL ASSETS VALUATION FOR OIL & GAS How Does This Course Benefits You? Do you know that the world’s oldest “money” is probably small pieces of obsidian that were used in Turkey as far back as 12,000 BC.? Gain knowledge of oil & gas resources and reserves Learn the fundamental knowledge of oil & gas resources and reserves to have better understanding in valuation assets of oil reserves. Recognize the importance of different valuation methods Learn the different valuation methods in real applications and techniques needed to upstream assets Develop key concepts to quantify measure revenue and profit from petroleum projects Master the key concepts to quantify measure revenue and profit of a project to make intelligent decision in investments portfolio. Review different projects from exploration to production Able to review different upstream projects using different assets valuation methods Do you know that Zimbabwe has experienced the worst inflation in the world-6.5 sextillion percent in mid November of 2008? Knowing what an asset is worth and what determines that value is a pre-requisite for intelligent decision making in choosing investments for a portfolio, in deciding on the appropriate price to pay or receive in a takeover and in making investment, financing and dividend choices when running a business. Valuing oil & gas assets is the major skill needed to grow, buy or sell exploration and production companies. [email protected] | +65 6451 4500 | www.petrosync.com Course Overview Includes Specific and Practical Case Studies Participants will benefit from class exercises of a producing asset with and without uncertainties, and an exploration project before drilling, using EMV approach. Course Design This course is structured specially for professionals in the oil & gas industry to equip participants with the financial understanding when valuing oil & gas assets.
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  3 ACCOUNTING & FINANCE| FINANCIAL ASSETS VALUATION FOR OIL & GAS PetroSync Distinguished Instructor Who Needs This Program Practical & Consulting He has over 30 years of experience in managing successful business identification, development, as well as the implementation of international energy projects. He has held technical positions from development geologist to operation manager , and become founder of Kuwait Energy Corporation, one of the leading Middle Eastern private oil companies, as well as Board Director (Technical) . He has proven track record for successfully managing international energy businesses in many countries. Training  Presented short courses in “Oil Company and Asset Valuation” to more than twenty different oil & gas companies.  Was a distinguished lecturer for SPE and presented technical course in various commercial topics. Awards  A Certified Petroleum Geologist of American Association of Petroleum Geologists Peter Cockcroft Chairman and Director, Kairiki Energy Limited (ASX) This course is designed for those who wants to enhance the understanding in reserves estimation and subsequent economic valuation of exploration, including: Job Titles Include: Oil & Gas Executives Energy Analysts Financial Analysts and Regulators Energy Analysts Financiers Asset and Project Managers XXX Geoscientists Oil & Gas Investors Investment Executives Fund Managers Lawyers PetroSync Inhouse Solutions PetroSync can tailor our courses to meet your specific needs at your preferred location and schedule. Contact us for more information at +65 6415 4500 or email to general @petrosync.com PetroSync Quality Assurance All PetroSync courses are developed with top quality to address all your training needs and purposes. Our courses are vetted strictly to ensure that we always deliver the best courses with the best industry expert. [email protected] | +65 6451 4500 | www.petrosync.com 08:00—09:00 Registration (Day 1) 13:00—14:00 Lunch 09:00—11:00 Session I 14:00—15:30 Session III 11:00—11.15 Refreshment Session I 15:30—15:45 Refreshment Session II 11:15—13:00 Session II 15:45—17:00 Session Iv (Last Session) Course Schedule
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  4 ACCOUNTING & FINANCE| FINANCIAL ASSETS VALUATION FOR OIL & GAS Course Agenda — 3 Days [email protected] | +65 6451 4500 | www.petrosync.com DAY 1– Why Do You Need To Value Assets The Different Aspects  Buyer  Seller Exploration and Production (E&P) Cycle  Exploration  Appraisal  Development  Production  Late Field Activity  Abandonment DAY 2-Learning How To Estimate Oil & Gas Reserves Reserves Estimation Methods  Volumetrics  Decline Curves  Material Balance  Reservoir Simulation Building and Forecasting Production Profiles  Well-Decline Models to Build Multi-Year Production Forecasts  Well-Decline Models to Build Multi-Year Production Forecasts  Extrapolating Well Decline Curves from Historic Data Shale  Gas Field Development Cash Flow Model Risk and Uncertainty Throughout The E&P Cycle What is the Difference Between Resources & Reserves? Classification of Reserves  SPE Petroleum Resources Management System (PRMS)  Other Classification Systems Valuation Methods  Comparative Values  Qualitative Rules of Thumb  Discounted Cash Flow of Determining Net Asset Value Register For This Course Now! Kindly fill up your particulars in the registration form placed at the end of this brochure, and send it to us or email to [email protected] You Might Also Be Interested In: Practical Accounting in JV & PSC 9 –11 March 2016 | Bandung, Indonesia Budgeting & Forecasting in Oil & Gas Industry 1 4–17 March 2016 | Bandung, Indonesia Oil & Gas Financial Modelling for Mergers & Aquisitions 16 –18 May 2015 | Kuala Lumpur, Malaysia
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  5 ACCOUNTING & FINANCE| FINANCIAL ASSETS VALUATION FOR OIL & GAS [email protected] | +65 6451 4500 | www.petrosync.com Register For This Course Now! Kindly fill up your particulars in the registration form placed at the end of this brochure, and send it to us or email to [email protected] DAY 3-How Much Are Your Reserves Really Worth? Cash Flow Analysis  Net Cash Flow  Economic Life  Net Cash Flow and Profit  Income Tax  Loss Carry Forward  Sunk Costs  Inflation  Debt Financing  Incremental Projects  Depreciation Economic Metrics & Measuring Profitability  Net Present Value (NPV)  Features of NPV  Nominal and Real NPVs  Internal Rate of Return (IRR) Multiple Internal Rates of Return Comparing Investments Effect of Delay on IRR Nominal and Real IRR  Capital Productivity Index  Payback  Discounting Methods Dealing with Risk & Uncertainty  Introduction  Sensitivity Analysis  Discrete Probability Distributions  Exploration Drilling Decisions  Defining Success  Decision Tree Analysis  Value of Information  Probability Distributions  Monte Carlo Simulation  Portfolio Analysis  Discounting  Risk Aversion The Effect of Different Fiscal Regimes  Type of Fiscal Regime  The Mathematics of Tax and PSC Systems  State Take and Government Take  Economic Efficiency of Fiscal Regimes  Incremental Effects of Fiscal Regimes Differences Between Oil & Gas What Can Go Wrong? Due Diligence Checklist You Might Also Be Interested In: Specific and Practical Case studies: Techniques in Assessing Reserves and Valuing Produc- ing Oil & Gas Projects  Field Development  Annuities  Accelerating Production  Lease Buy economics  Pipeline Tariff Economics  Gas To Power  LNG Project Practical Accounting in JV & PSC 9 –11 March 2016 | Bandung, Indonesia Budgeting & Forecasting in Oil & Gas Industry 1 4–17 March 2016 | Bandung, Indonesia Oil & Gas Financial Modelling for Mergers & Aquisitions 16 –18 May 2015 | Kuala Lumpur, Malaysia
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  6 By Credit Card: Pleasedebit my credit card: Visa MasterCard AMEX Security Code: Card Number: Expiry Date: Name Printed on Card: By Direct Transfer: Please quote invoice number(s) on remittance advice PetroSync Global Pte Ltd Bank Details: Account Name: PetroSync Global Pte Ltd Bank Name: DBS Bank Ltd Bank Code: 7171—Bank Swift Code: DBSSSGSGXXX—Branch Code: 288 Account No: SGD: 288-901898-0 USD: 0288-002682-01-6 Bank Address: 12 Marina Boulevard, Level 3. Marina Bay Financial Centre Tower 3. Singapore 018982. All bank charges to be borne by payer. Please ensure that PetroSync Global Pte Ltd receives the full invoiced amount. Title : Financial Assets Valuation For Oil & Gas Date : 25—27 April, 2016 Location : Kuala Lumpur, Malaysia COURSE DETAILS INVESTMENT PACKAGE DEADLINE FULL MASTERCLASS Standard Price 22 April 2016 USD 2,895 Early Bird Offer 25 March 2016 USD 2,695 Group Discount (3 or more Delegates) 22 April 2016 Enjoy 10% off for groups of 3 INVESTMENT PACKAGES (Please Circle) Group Discount is based on Standard Price *To enjoy the promotion & discount offer, payment must be made before dateline * For 7 or more delegates, please inquire for more attractive package. * Prices include lunches, refreshments and materials. Promotion & discount cannot be combined with other promotional offers. * Important: Please note that registration without payment will incur a SGD 200 administration fee. COURSE CONSULTANT Name : Cay Aagen Email : [email protected] Phone : +65 6415 4500 Fax : +65 6415 4322 TERMS AND CONDITIONS DISCLAIMER Please note that trainers and topics were confirmed at the time of publishing; however, PetroSync may necessitate substitutions, alterations or cancellations of the trainers or topics. As such, PetroSync reserves the right to change or cancel any part of its published courseme due to unforeseen circumstances. Any substitutions or alterations will be updated on our web page as soon as possible. DATA PROTECTION The information you provide will be safeguarded by PetroSync that may be used to keep you informed of relevant products and services. As an international group we may transfer your data on a global basis for the purpose indicated above. If you do not want us to share your information with other reputable companies, please tick this box CANCELLATION POLICY You may substitute delegates at any time as long as reasonable advance notice is given to PetroSync. For any cancellation received in writing not less than fourteen (14) working days prior to the training course, you will receive credit voucher less a SGD $200 administration fee and any related bank or credit card charges. Delegates who cancel less than fourteen (14) working days of the training course, or who do not attend the course, are liable to pay the full course fee and no refunds will be granted. In the event that PetroSync cancels or postpones an event for any reason and that the delegate is unable or unwilling to attend in on the rescheduled date, you will receive a credit voucher for 100% of the contract fee paid. You may use this credit voucher for another PetroSync to be mutually agreed with PetroSync, which must occur within a year from the date of postponement. PetroSync is not responsible for any loss or damage as a result of the cancellation policy. PetroSync will assume no liability whatsoever in the event this event is cancelled, rescheduled or postponed due to any Act of God, fire, act of government or state, war, civil commotion, insurrection, embargo, industrial action, or any other reason beyond management control. CERTIFICATE OF ATTENDANCE 70% attendance is required for PetroSync’s Certificate of Attendance DETAILS Please accept our apologies for mail or email that is incorrectly addressed. Please email us at [email protected] and inform us of any incorrect details. We will amend them accordingly. CHARGES & FEE(S) - For Payment by Direct Telegraphic Transfer, client has to bear both local and oversea bank charges. - For credit card payment, there is additional 4% credit card processing fee. 1st Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others 2nd Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others 3rd Delegate Name: Direct Line Number: Email: Job Title: Department: Head of Department: Mr Mrs Ms Dr Others Attention Invoice to: Direct Line Number: Fax: Company: Industry: Address: Postcode: Country: Email: Please note: - Indicate if you have already registered by Phone Fax Email Web - If you have not received an acknowledgement before the training, please call us to confirm your booking. CONFIRMATION I agree to PetroSync’s terms & conditions, payment terms and cancellation policy. Authorized Signature: PAYMENT TERMS : Payment is due in full at the time of registration. Full payment is mandatory for event attendance. PAYMENT METHOD INVOICE DETAILS DELEGATES DETAILS