This 3-day course is designed for industry professionals requiring an  understanding of unique aspects of oil and gas property transactions.  The course will focus on the skills required in evaluation (both buy-side and sell-side), financing, acquisition, and exploitation planning for an oil and gas entity.  The course will include a real-world acquisition case which will examine undeveloped reserves, pipeline facilities, and competitive bidding.  Divided into teams, participants will analyze the transaction, competitively bid to acquire the property, arrange financing, and plan to exploit the property post closing. The case considers both an asset and corporate shares acquisition with pre and after-tax cash flow analysis. Spreadsheet modeling and risk simulation of the transaction are included.  Participants will gain an appreciation for those unique and specialized aspects of energy transactions as well as the nuances for forecasting product price, cost, and capital availability in successful business development. Participants are required to bring a laptop, loaded with Microsoft Excel, to the course.

A complete set of course materials and lunches are included.

• Introduction to Oil and Gas Transactions
• Review of Cash Flow Analysis
• Unique Aspects of Oil/Gas Acquisitions
• Reserves and Cost Forecasting
• Pipeline Operation
• Environmental Considerations in Acquisition
• Structured Finance and Hedge Strategies
• Competitive Bid Theory
• Project Capital Scheduling
• Expected Value and Simulation of Forecasts
• Management Presentation Preparation

Gerald Henderson earned a B. S. and M. S. degree in Petroleum Engineering and has over 30 years experience as reservoir engineer, investor, producing property and facility owner, operator and CEO and founder of independent oil and gas companies. He worked extensively in development of producing property appraisal software and analysis methods, technology to apply statistical analysis of exploration and well log data and published extensively in reservoir simulation development. Gerald has also acted as energy advisor to private banking and insurance investment companies.