Day One

Day Two

Overview

Oil Production

- primary energy demand, energy mix, and petroleum consumption

Industry Evolution

- historical development, significant milestones, role of OPEC,

emerging producers

Measurement

- measurement units for liquids and gases, heating values, conversions

Resources and Reserves

- terminologies and definitions, distribution of global reserves and

supply considerations, R/P ratios

Industry Structure
- value chain, major players, globalization, changing business
structures, mergers and acquisitions

Oil and Gas Agreements

- distribution of global production and significance of LNG

Oil and NGL Transportation

- North American pipeline infrastructure and economics, ocean tanker

movements

Gas Pipeline Transportation

- changing technology, global and North American infrastructure and

movements

Liquefied Natural Gas

- emergence of LNG as global energy commodity, North American

LNG terminal projects

- international E&P agreements, production sharing and other contracts

Gas-to-Liquids
Oil, Gas and NGL Markets

- global activities and trends, implications on reserves base

Market Fundamentals

Oil and Gas Exploration

Who should attend?

Anyone who is involved in the industry, whether directly or providing
professional services (legal, financial, accounting, IT, marketing, to name a
few), desiring a big picture of global and North American market dynamics.
This course complements active and ongoing analysis of global markets by
CERI that includes monthly publication of the highly regarded Geopolitics of
Energy, and regular updates of global industry outlook contained in the
Institute's World Oil Quarterly and Crude Oil Market Alert.

Seminar includes

- distribution of global production and international trade flows

Gas Production

Participant Workbook - Over 150 pages of valuable reference material

Workshop exercise materials
Glossary - A comprehensive list of industry terms
Complimentary Copy - "Our Petroleum Challenge"
Lunch and Refreshments

About CERI
The Canadian Energy Research Institute (CERI) is a cooperative research
organization established by government and industry parties in 1975. The Institute's
principal role is to undertake objective, independent studies to assist corporations
and governments in making energy and energy-related decisions and policy choices.
Related important objectives are the ongoing government/industry review of energy
issues and policies and the development of expertise in the analysis of energy and
environment matters.

- market structures, players and dynamics

- supply/demand, pricing dynamics, pricing benchmarks, influence of
OPEC

Risk Management
Global Petroleum Trends and Issues

About the Instructor

Mike Edwards
Mike has 30 years experience in various segments of the upstream oil
and gas industry domestically and overseas. His experience includes
exploration, production, pipeline construction, corporate planning,
economic analyses, training and regulatory affairs.
Previous company affiliations include Texaco, Canadian Reserve,
Suncor, Alberta Natural Gas and Alberta and Southern in Canada as
well as Dowell Schlumberger, Kuwait Petroleum Corporation, Kufpec
(Tunisia) Ltd. and CanBaikal Resources overseas.
Mike has presented training programs in Russia, Tunisia and Sudan for
Future Focus Business Training and has instructed petroleum
economics courses at The University of Calgary, Mount Royal College
and SAIT.
Currently, he is an Acting Member of the Alberta Energy and Utilities
Board and has degrees in engineering and petroleum economics.

Registration Fees
Number of
Participants
1
2-3
4-10
11-15
16-20

CERI Members
Alberta
Outside Alberta

Non Members
Alberta
Outside Alberta

$595
$550 each
$525
$500
$475

$695
$650 each
$625
$600
$575

$695
$650 each
$625
$600
$575

Global Oil and Gas Industry

$795
$750 each
$725
$700
$675

Please add whichever is applicable, GST or HST.

(GST#: R121461313)

To Register Contact
Sue Johnsgaard, Training Services Division
(403) 220-2357 or Fax: (403) 289-2344 or Email: sjohnsgaard@ceri.ca
Name:
Title:
Company:
Address:
City:

Province:

Postal Code:

E-mail:

Phone:

Fax:

Seminar date:

Location:

08/04 Email

Cancellation Policy
A subs titution can be made at any time prior to the start of the seminar.
Cancellations made within 10 days of the seminar will be subject to a $100
processing fee.
CERI reserves the right to cancel one week prior to the course should minimum
registration numbers not be met.

Canadian Energy Research Institute

#150, 3512 - 33 Street N.W., Calgary, Alberta T2L 2A6
Tel: (403) 282-1231, Fax: (403) 289-2344, www.ceri.ca

Summary
The broad expanse of the Pacific and Atlantic oceans does not
completely insulate the North American petroleum industry from the
vagaries of international market forces. Indeed, free and plentiful
imports of foreign crudes by the US have opened our market borders
to competitive influences from overseas. West Texas Intermediate
(WTI), the reference crude for North America to which Canadian
producer netbacks are linked, is itself inexorably tied to crude prices
in the Middle East and North Sea. Looming LNG imports into the US,
if in substantial volumes, could displace Canadian shipments and
subject hitherto somewhat shielded continental natural gas prices to
the dynamics of market forces from abroad.
If your objective is to broaden your "watch" on the North American
and Canadian petroleum industry beyond our shores with an
improved understanding of the global perspective including
supply/demand, the role of OPEC, and uncertainties of geopolitical
events, then this course is a "must-attend."