About UsEventsContact Us
LinksNews & Updates
The Energy Forum - Connecting Leaders
  Home  Events  
  MainAdvisory CouncilAgendaGeneral InformationSponsorsExhibitorsPresentations

RESERVES 2004: The Results Reserves Series:
The Results


February 24, 2005
The Westin Galleria - Houston, Texas
 


Prior Events in the Series


Prior Events in the Series


December 14, 2004

Reserves Series: Hypotheticals: Case Studies

RESERVES 2004 SeriesTM...Hypotheticals: Case Studies
Houston, Texas     The Westin Oaks Hotel

See PresentationsSee the Presentations (Requires Username and Password)

Overview
The Reserves 2004 Series continues by examining recent scenarios that have some still scratching their heads looking for methodology and answers. This past year the oil & gas industry has been plagued with downgrading, resignations, prosecutions, Sarbanes – Oxley compliance deadlines, and many, many questions. Since we learn from our mistakes, we’ll look at 4 case studies with our peers for a day of lessons learned.

Earn 8 PDHs with course completion!
Texas Board of Professional Engineers Continuing Education Program (CEP)

Go to main page

October 28, 2004

Reserves Series: Financial

RESERVES 2004 SeriesTM...Financial: Accurately Reflecting The Value Of Assets
Houston, Texas     The Westin Oaks Hotel

Our Reserves 2004 series continues with two Roundtable discussions, a Workshop in December and a major Forum in January of 2005. Seating will be limited. We anticipate approximately 450 participants for the series.

The SEC does not have a definition for probable reserves and does not recognize them or permit them in the reserves filings. The SEC regulations were designed to create a "standardized measure" by which all companies could be compared using the same yardstick. The use of year-end pricing to establish economic limits for estimating reserves is questioned by those wanting a better gauge of value. However, the SEC has repeatedly stated that its intent is not to establish fair market values for companies. The agency maintains this view in spite of the fact that SEC-reported reserves affect corporate stock prices and equity, earnings and performance, and credit status and borrowing power. To boost short-term market performance, companies are driven to increase reserves replacements frequently by increasing proved undeveloped reserves, a category increasingly questioned by the SEC and investors.

CPE Credits: Texas State Board of Public Accountancy CPE
6 CPE Credit Hours are earned by completing this roundtable.
Completion Certificate will be provided.
Sponsor ID# 009148

Go to main page

September 08, 2004

Reserves Series: Certification

RESERVES 2004 SeriesTM....Certification
Houston, Texas     The Westin Oaks Hotel

See PresentationsSee the Presentations (Requires Username and Password)

Our Reserves 2004 series continues with two Roundtable discussions, a Workshop in December and a major Forum in January of 2005. Seating will be limited. We anticipate approximately 450 participants for the series.

Current debate on the reserves reporting processes focuses on PUDs, probable reserves and timing of booking reserves.  The third roundtable in the Reserves 2004TM Series focuses on these issues, clarification of definitions and explores the Probabilistic vs. Deterministic methods.

Earn 8 PDHs with course completion!
Texas Board of Professional Engineers Continuing Education Program (CEP)

Go to main page

August 5, 2004

Clarification, Reconciliation And The Future

RESERVES 2004 SeriesTM....Clarification, Reconciliation And The Future
Houston, Texas     The Westin Oaks Hotel

See PresentationsSee the Presentations (Requires Username and Password)

Our Reserves 2004 series continues with three Roundtable discussions, a Workshop in December and a major Forum in January of 2005. Seating will be limited. We anticipate approximately 450 participants for the series.

Current debate on the reserves reporting processes focuses on PUDs, probable reserves and timing of booking reserves.  The second roundtable in the Reserves 2004TM Series focuses on these issues, clarification of definitions and explores the Probablistic vs. Deterministic methods.

Earn 8 PDHs with course completion!
Texas Board of Professional Engineers Continuing Education Program (CEP)

Go to main page

June 24th, 2004

Technology:  Describing, Characterizing And Defining The Reservoir
RESERVES 2004 SeriesTM.... Technology: Describing, Characterizing And Defining The Reservoir
Houston, Texas     The Westin Oaks Hotel

See PresentationsSee the Presentations (Requires Username and Password)

Our Reserves 2004 series continues with four Roundtable discussions, a Workshop in December and a major Forum in January of 2005. Seating will be limited. We anticipate approximately 450 participants for the series.

The reserves series began April 14th, 2004 with the well attended forum "Estimating & Reporting AVOIDING Writedowns by Re-Evaluating Judgments, Rules and Processes". Roger Schwall, Assistant Director Corporate Finances for the SEC provided the opening keynote. View the event at. http://www.theenergyforum.com/reserves_042004/main.asp

Earn 8 PDHs with course completion!
Texas Board of Professional Engineers Continuing Education Program (CEP)

Go to main page

April 14th, 2004

RESERVES 2004 Series - Estimating & Reporting
RESERVES 2004 SeriesTM
Estimating & Reporting
AVOIDING Writedowns by Re-Evaluating Judgements, Rules and Processes

Houston, Texas     The Westin Oaks Hotel

See PresentationsSee the Presentations

With increased scrutiny in this already gray, how can industry professionals stand confidently behind their reserves numbers? This one-day forum will feature case studies from industry operators, auditors and the SEC all addressing methods, procedures and new technologies designed to increase the accuracy of estimation and reporting.

Go to main page