Code Date Venue Early Bird Fee Fee
PE1269 26 - 29 Aug 2019 Kuala Lumpur, Malaysia SGD 5,906 SGD 6,106

About this Training Course 

This 4-day course offers a concise but practical introduction to the essential elements of E & P Decision Economics with particular emphasis on practical issues – what takes place, and why.

The emphasis throughout is on marshalling all aspects of the ‘Business Case’ required by decision-makers, including both the descriptive and illustrative modelling of the range of ‘Government Take’ mechanisms deployed in conventional taxation and alternative contract regimes. The course will also examine simple but effective techniques to model the essentials of E&P Project Risk.

The course will be suitable both for those new to the subject and serves as a focused refresher training with more practical real-world elements for those who are better versed in the subject.

Participants should attend with laptops running Microsoft Office, a PDF reader – and preferably without restrictive IT firewall (proprietary trial downloads may be suggested).

By the end of this course, participants will be able to:

  • Develop a keen practical appreciation of the essential drivers and principles within E&P Decision Economics
  • Encourage incisive discussion on techniques employed, backed up by practical ‘hands-on’
  • Banish the ‘Black-Box’ mentality
  • Appreciate the role of ‘corporate beliefs’ and consequent range in potential valuations
  • Comprehend principles underlying the range of ‘Fiscal Devices’ deployed by Governments
  • Appreciate potential Tax Regime impact – both Company and National Agency decision-making
  • Appreciate the linkages between Conventional Economic Indicators and Corporate Financial Measures
  • Appreciate Quantitative Risk management, Asset and Portfolio level
  • Interpret the range of model outputs to help enhance capital investment decision-making
  • Understand Commercial Fundamentals to aid within Planning, Negotiations and Bidding

This course will benefit:

  • Economists and strategists in National and International Oil Companies
  • Petrotechnical staff contributing key data
  • Exploration and Field Development analysts
  • Reservoir Engineers
  • Legal and Contracts
  • Financial Analysts
  • Accountants/ Auditors
  • Business Development
  • M & A negotiators
  • Production Sharing contract specialists