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