About this Training

A variety of factors such as prices for crude oil and natural gas, liability exposure, and relations with host countries, present an opportunity for investors looking to acquire assets without taking on elements of exploration and market risk. Conversely, operators want to ensure that they are in the best position to monetise the disposal of interests in their portfolios. The material in this course covers the range of considerations that occur in the sale and purchase of upstream oil and gas properties. They include structuring (asset sale, share transfer, merger, interest swaps, and farm-outs), process (tender, direct negotiation, due diligence, preliminary and final agreements, closing and post-closing adjustments) and how funding is structured (credit agreements and reserve base lending). Delivery of this Course: This course will be delivered face-to-face over 4-day sessions, comprising of 8 hours per day, 1 hour lunch and 2 breaks of 15 minutes per day. Course duration: 26 hours in total. Course level: Basic to Intermediate Maximum number of participants: 24 This course is not available for Virtual Instructor Led Training (VILT)