Reserves Evaluations / EVAL-11 / 3 Days
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.
Cameron Six P.Eng.
President and CEO
As President and CEO, Cameron’s role is to provide the leadership and management required to assure business success and sustainable growth in line with the strategic plan defined by the Board. Cam was previously Chief Operating Officer at Sproule. His 13-year tenure at Sproule includes reserve and contingent resource evaluations, acquisitions, divestitures, security commission reports, reserve audits, and international property evaluations. Cam has provided expert witness testimony across the globe as well as support to legal teams for litigation purposes. He lectures at the University of Calgary, and instructs the Sproule evaluation of Canadian oil and gas properties course. Cam has held various technical and management positions with Mobil Oil Canada and ExxonMobil Canada.
This comprehensive 3-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
- Drilling, Completion & Production Operations
- Resources and Reserves Definitions and Disclosure
- Estimating Reserves & Production
- Capital & Operating Costs
- Oil & Gas Pricing
- Interests & Royalties
- Income Tax
- Profitability Indices
- Use of Evaluations
- Team Workshop Exercise
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.