MEDIA RESOURCES
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DATE: January 14, 2005
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Andrea Hugg
(214)768-4474
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OR
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Lindsay Hogan
(214)768-1794
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The Maguire Oil and Gas Institute Rigs Solutions:
Three New Courses to Help Survive Low Oil Prices
WHAT: The Maguire Oil and Gas Institute, an organization dedicated to promote the study of oil and gas policy issues, markets, and management of the world’s oil and gas resources, is introducing three new courses to help companies survive today’s low oil price environment. These courses offer attendees valuable information to help improve their companies’ financial and operational performance.
Financial Dynamics of Exploration and Production Companies
February 3 – March 24, 1999, Wednesday Evenings, 6:00 to 9:00 p.m., Cost: $850
This is an eight-week course on financial issues and considerations important in oil and gas operations. The course will deal with the following topics: finance fundamentals, oil and gas accounting, financing oil and gas investments, project economics, asset valuation, doing business internationally, managing risk in energy markets, and budgeting/planning strategy.
Seminar Leaders: Robert L. Hyatt, Director of Risk Management and Planning for Oryx Energy Company and Michael J. Ussery, formerly the Controller for Triton Energy Limited
Financial Risk Management in the Oil and Gas Industry
February 5th and 6th, 1999
Friday, 8:00 a.m. – 5:00 p.m. and Saturday, 8:00 a.m. to noon, Cost: $500
This is a two-day course on the use of derivatives to manage financial risk within oil and gas companies. The course will present an introduction to derivatives, a discussion of oil and gas derivative markets and pricing, and a discussion of capital budgeting decisions in the oil and gas industry.
Seminar Leader: Dr. Steve Swidler, Professor of Finance at the University of Texas at Arlington
Analyzing and Improving Oil and Gas Operations
April 7 – May 26, 1999, Wednesday Evenings, 6:00 to 9:00 p.m., Cost: $850
This is an eight-week course on the analytical tools and techniques used in this complex and competitive industry. The course will explain how: probability and decision-making are used in exploration, Monte Carlo simulation is used to evaluate prospects, linear programming is used to optimize transportation and refining, and queuing theory and price forecasting are employed in marketing.
Seminar Leaders: Dr. Uday Apte, Associate Professor of Management Information Sciences at the Cox School of Business and Allen Mesch, Director of the Maguire Oil and Gas Institute
WHERE: Cox School of Business, SMU Campus
