Reserves Evaluations / EVAL-11 / Toronto, ON
2 Days / 28-29 November 2018
Evaluation of Oil and Gas Properties for Financial and Legal Professionals
Hayley Silberg P.Geo.
Geoscientist and Manager, Sproule Training
Hayley has been a Petroleum Geoscientist (P.Geo.) with Sproule's Reservoir Characterization Practice Area for five years. She performs seismic interpretation, seismic attribute mapping, geostatistical analysis, 3-D reservoir modelling, uncertainty modelling and reserves evaluation. Additionally, Hayley is Sproule’s Training Manager. She has experience in Western Canada, Ontario, Eastern Canada, the United States, the North Sea, Africa, New Zealand, Colombia and Madagascar.
This comprehensive 2-day course presents the foundational components and techniques of evaluating global oil and gas properties, in accordance with regulatory guidelines such as COGEH, NI 51-101, and PRMS. The course lecture material is supported by several workshop exercises, as well as a scenario-based learning experience in which students work in teams and compete for points as they analyze a factual historical business takeover.
In this course, participants will expand their technical knowledge of the oil and gas industry, as well as fully understand the evaluation process and how to interpret evaluations done by others. They will understand the requirements related to resource classification, price estimation, and public disclosure, and ultimately, how to make sound investment decisions.
- Petroleum Geology
- Resources and Reserves Definitions and Disclosure
- Estimating Reserves & Production
- Capital & Operating Costs
- Oil & Gas Pricing
- Interests & Royalties
- Income Tax
- Profitability Indices
- Use of Evaluations
This course has a financial focus and is designed for legal professionals, financial analysts, accounting professionals and investment managers who want to understand the process and results of evaluating oil and gas properties.