Date: Thursday, October 4, 2012
Time: 10:00am-11:15am PT / 1:00pm-2:15pm ET Format: A BVR Webinar
Earn 1.5 CPE credits Add this event to your calendar
Register for this program:
*Training Packs include: a complete recording and transcript with all presentation and reading materials
Please note: CPE credit is not available through Training Packs
More information is available below
Oil and gas production in North America has been growing for rapidly over the past decade, helped, in part, by improved technologies for exploration and extraction. While long ranging debates regarding environmental impacts have been a concern for regulators, it is clear that this rapid growth in oil and gas production is likely to continue, creating a ripple effect in both the economic and regulatory environments in which oil and gas companies operate.
On October 4, BVR welcomes expert appraiser, and oil and gas expert, Richard Miller for a look at the valuation challenges posed by current and projected changes in this, one of the fastest growing segments of the North American economy. Given this growth, valuation opportunities are likely to increase for appraisers in the oil and gas sector. Join Miller to learn where the perils and pitfalls lie, and how best to reach a defensible conclusion of value.
Agenda
Value of Producing Properties
What are Oil and Gas Rights?
Types of Rights
Working Interest – Lessee of oil and gas rights
Royalty Interest – Lessor of oil and gas rights
Working Interest – 100% of Costs
Appraisal to Value
Cost Approach
Comparable Sales (Market) Approach
Income approach – The only really usable method
Product Prices at date of Evaluation
Adjustments to Prices/Sales Volumes
Project using NYMEX trend
Operating Costs
Taxes
Discount Rates
Learning Objectives
Learn how to define oil and gas rights
Learn which factors determine key value drivers of these properties
Understand how property rights function in the marketplace
Learn how to apply traditional valuation approaches to oil & gas properties
Learn where common appraisal mistakes occur and how to void these costly errors
Single Connection Policy
Admission to this event authorizes one computer and phone connection for one location. These connections may be transferred users and/or locations. Multiple concurrent connections for a single admission registration are not allowed.
Multi-User CPE Policy
Admission to this program includes one CPE certificate for one individual. Any additional listeners requesting CPE must pay a processing fee assessed at the completion of the online CE survey for this course.
CPE Processing Fees may be bypassed by entering a valid, unused CPE Authorization Code (for single event purchasers) or by logging into BVR's website (for subscribers to BVR's Training Series).
Get Unlimited Access to BVR's Webinar Calendar Get unlimited access to BVR's webinars all year long with the Training Passport/Training Passport Pro. These easy training solutions provide 12 months of unparalleled access to BVR's webinars, past and future: hear from the top minds in the profession, develop your professional abilities, and earn CPE credits with ease and convenience.
Training Passport/Training Passport Pro subscribers receive:
Automatic registration to all qualified webinars and training events on BVR's training calendar (up to 50 per year). For each event BVR will send login instructions automatically. All you have to do is show up.
Monthly emails highlighting what's ahead on our training calendar so you can better plan your professional development.
Access to the Desktop Learning Center, our multimedia library of all past BVR webinars and live events. This comprehensive database includes hundreds of titles dating back to 2002 from some of the best minds in the profession.
CPE Credits for Unlimited Listeners Have as many eyes and ears take advantage of your registered connection as possible: CE credit is available for an unlimited number of listeners to any registered line. To add listeners for CE credit, please complete the Additional Listener form included on your webinar dial-in instruction email. We'll send dial-in instructions one to two days before our program, and will provide information directly to those listeners you identify approximately one hour before our program.
CPE Information
Prerequisites: Knowledge of Business Valuation Program Level: Advanced Preparation Required: None Delivery Method: Group Internet-Based Recommended CPE: 1.5 Credit Hours (Specialized Knowledge & Applications)
Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All BVR training events are eligible for continuing education credits from the Exit Planning Institute's Certified Exit Planning Advisor (CEPA) program. Credits are based on a 50-minute hour. Final acceptance is at the discretion of the Exit Planning Institute.
BVR's Training Packs are an indispensable addition to any valuation reference library, or the perfect alternative when you cannot attend the session live.
Each Training Pack is delivered approximately 2-4 weeks after the program has aired, and includes:
Video file (MP4)
Audio file (MP3
Transcript of the presentation
A copy of the presentation slides
A copy of the reading materials, visual aids, and handouts
Please note, CPE is not available with Training Packs.
Presented With:
BVR's Satisfaction Guarantee:
Business Valuation Resources offers a 100% money-back guarantee. If you are not completely satisfied with your conference experience, or have any concerns or complaints, you may contact Business Valuation Resources at (503) 291-7963, cs@bvresources.com or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.