SEMINAR OVERVIEW
An engineer explains the creation and use of cash flows in the oil business. The course explains both the concepts and the methods for the inputs:
 + Engineering the volume forecast
 + Predicting future prices
 + Calculating netback prices
 + Estimating operating and capital costs
In addition, this course will address the use of the cash flows for various strategies and situations:
 + Determining Value
 + Making an Investment Decision
 + Assessing Risk
 + Building a Strategy and a Portfolio
At the end of the day, participants should have a functional understanding of each of the dynamics that affect cash flow and an appreciation for their quantification