Course Offerings

Appraisal of Oil and Gas Properties

This two-day seminar provides methods for determining the fair market value of oil and gas properties from reserve reports, the marketplace, and the buyer's own investment criteria. Numerous case histories of recent transactions with appraisal forms and checklists are featured in this course. Gustavson also discusses how to evaluate sensitivities of different methods of determining fair market values, appraising mineral lands, translating internal rate of return requirements from oil and gas reserves and economic forecasts, possible pitfalls in oil and gas property appraisals, production purchasing opportunities, how to predict if an oil operator will produce prudently in the long term, assessing the level of operating risk related to a specific investment, how to determine the management capability of an oil company, and arriving at a fairness opinion in a merger and acquisition transaction. For more information click here.

International Petroleum Agreements

Mr. Gustavson believes it is crucial to the survival of the U.S. independent petroleum industry to go international. Drawing on his global expertise, he designed this two-day seminar that covers the concepts and methodologies of analyzing international petroleum contracts. This program will provide an understanding of the key factors that determine the profitability of international oil ventures under production sharing contracts, association contracts, and concession agreements. Topics include types of commonly used contracts, negotiating the government-contract split, analysis of the cost recovery stream and of the profit stream of oil, underlying national laws, and mitigation of political and economic risks. For more information click here.

 

 
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