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Seminars

Online Registration
Feb 20, 2014 Apr 22, 2014 13th Month Adjustments
Apr 29, 2014   Land Agreements
May 6 - 7, 2014   JV Agreements Seminar
May 27, 2014   Introduction to JV Accounting



(PJVA reserves the right to cancel if minimum numbers are not met.)

PAYMENT & CANCELLATION POLICY:

ALL REGISTRANTS are required to prepay for all PJVA events. If credit card is not an option please contact the office.

Cancellation notice is 7 business days for full refund, minus $50 administration fee. However, you are welcome to send an alternate.

Seminars:
     

Call for Instructors

The Education Committee is currently seeking qualified individuals who would be willing to instruct these sessions.

If you would like to take advantage of this opportunity, or if you know of someone who might, indicate this interest by providing the information requested on the Call for Instructors form and returning it to the address or fax number noted on the form, Attention: Education Director.





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Seminar: Introduction to Unitization

This one-day seminar will provide a broad overview of unitization and will cover the following topics:
  • purposes of unitization
  • relevant factors in unitization including mineral interest, lessor arrangements, government regulations, hydrocarbon recovery
  • steps in initiating a unit including incentives, flow of events, equity negotiations and equalization of investment negotiations
  • overview of Unit and Unit Operating Agreements
  • "heads up" issues

Date:

November 5, 2013

Location:    

The Petroleum Club
319 - 5 Avenue SW

Time:

Registration desk opens at 7:30 am
8:00 am - 4:00 pm

Fee:    

PJVA members: $300.00 + GST
Non members: $400.00 + GST


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Land Agreements Overview

The course is designed to provide an overview of land agreements, with a particular focus on farmout agreements and the CAPL Operating Procedure. It will also help to increase the awareness of JV and accounting personnel about the major themes in land agreements, and includes an overview of:
  • the rationale for entering into earning agreements and the major provisions typically included in earning agreements in the context of the CAPL Farmout & Royalty Procedure;
  • what the Operating Procedure is and why it was created;
  • how the Operating Procedure is an industry document that crosses functions, rather than just a land document;
  • the major themes at the foundation of the Operating Procedure; and
  • the specific provisions of most direct impact to non-land personnel (i.e., approvals processes, over-expenditures, capital advance process, default remedies, production penalties, dispositions of interest).
Instructor:
Jim MacLean, President, MacLean Resource Management Ltd.

Jim has worked directly on a number of industry standardization and work process improvement initiatives, including the C2C Task Force on industry dispute resolution processes and the Industry Advisory Committee working with the Alberta Department of Energy on the Alberta Land Tenure Review Project. He has also been the principal draftsman of a number of industry documents including: the 1990 CAPL Operating Procedure; 1997 CAPL Farmout & Royalty Procedure; 2000 CAPL Property Transfer Procedure; and the 2007 CAPL Operating Procedure.


Date:

Apr 29, 2012

Location:   

Bankers Hall Auditorium, Lower Level
319 - 8 Avenue SW

Time:

Seminar 8:30 am - 4:00 pm
Breakfast 8:00 am

Fee:    

(Includes course material, coffee and lunch)
PJVA members: $300.00 + GST
Non members: $400.00 + GST

Registration:   

Secure Online Registration



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JV Agreements Seminar

This two-day introduction level course is designed to provide an overview and basic understanding of the new Construction, Ownership and Operating Agreement, Unitization Agreements, Gas Handling and other agreements. The CAPL Joint Operating Agreement and PASC Accounting Procedure, as they relate to Joint Venture Agreements, will also be presented by knowledgeable members of CAPL and PJVA.

Date:

May 6 - 7, 2014

Location:   

University of Calgary - Downtown Campus,
Room 330, 906 - 8 Avenue SW

Time:

8:00 am - 8:30 am Registration/Continental Breakfast
8:30 am - 4:30 pm Course

Fee:    

(Includes course material, coffee and lunch)
PJVA members: $450.00 + 22.50 (GST)
Non members: $550.00 + 27.50 (GST)
(PJVA reserves the right to cancel if minimum numbers are not met.)

Registration:   

Secure Online Registration


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Introduction to Joint Venture Accounting

This one-day introductory level course is designed to provide an overview and basic understanding of Joint Venture Accounting. This seminar will explain joint venture accounting, the different types and purposes of joint ventures and the accounting responsibilities of the operators and non-operators involved in joint ventures.

Date:

May 27, 2014

Location:   

Petroleum Club, Devonian Room, 2nd Floor
319 - 5 Avenue SW

Time:

8:30 am - 4:30 pm
Registration desk opens at 8:00 am

Fee:    

(Includes course material, coffee and lunch)
PJVA members: $300.00 + $15.00 GST
Non members: $400.00 + $20.00 GST
(PJVA reserves the right to cancel if minimum numbers are not met.)

Registration:   

Secure Online Registration


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Acquisitions and Divestitures - The What, When, Why and How (NEW OFFER!)

This one-day seminar will provide an indepth look at all facets of managing the A & D process. Participants will walk through the entire A & D process from identifying properties within a Whitemap area to steps needed in the Pre-Close and Post-Close periods. Topics to be studied include:
  • Types of transactions
  • Impacts to the CO & O, Unit and Service agreements included in the "Whitemap" area
  • Review the differences between closing dates and effective dates and when industry recognizes these changes
  • Mail ballots and documentation needed to effect a sale
Participants will be provided with sample documents and have the opportunity to work through an A & D Case Study.

Instructor:
Robyn Lewis, Penn West; Martine O'Connor, Enerplus

Robyn is a longtime member of PJVA and a current PJVA Director. She is a unit administration and acquisitions and divestiture specialist with Penn West Exploration and has over thirty years of experience in the oil industry with eight years specializing in unit and A&D activities. Robyn has a Land Administration Certificate from SAIT as well as the PJVA Administration and Analyst Certificates through Mount Royal University.

Martine is also a longtime member of PJVA and a current PJVA Director. She is the Supervisor of Joint Interest Contracts at Enerplus Corporation and has many years of experience managing A & D activities.


Date:

February 25, 2014

Location:   

Petroleum Club
319 - 5 Avenue SW

Time:

8:30 am - 4:00 pm
Registration desk opens at 8:00 am

Fee:    

(Includes course material, coffee and lunch)
PJVA members: $300.00 + GST
Non members: $400.00 + GST
(PJVA reserves the right to cancel if minimum numbers are not met.)

Registration:   

Secure Online Registration


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13th Month Adjustments

(In conjunction with PASC and CAPPA)


Date:

April 22, 2014 - Full!

Location:   

University of Calgary (Downtown Campus)
906 - 8 Avenue SW

Fee:    

PJVA members: $500.00 + GST
Non members: $575.00 + GST
(Note that PJVA reserves the right to cancel if minimum numbers are not met.)

Registration:   

Secure Online Registration


The objective of this course is to provide a step by step method in performing 13th month adjustments. It also provides an excellent refresher for intermediate and senior individuals who are looking to refresh their skills. The morning will be dealing in general concepts, facility agreements, definitions and going over sample problems. The remainder of the course will have participants completing increasingly complex examples in a computer lab setting where you will build your own Equalization model.

Suggested attendees: The course is intended for individuals who have a few years of oil and gas experience and are looking to increase their knowledge in doing 13th month adjustments.



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PJVA/PASC/CAPPA Joint Course - Product Measurement and Allocation

Formerly titled 'Product Allocation Exhibit Implementation for Joint Venture Representatives'
(In conjunction with PJVA, PASC, and CAPPA)


Date:

March 5, 2014

Location:   

Petroleum Club
Cardium Rooms, 319 - 5 Avenue SW

Time:

8:00 am - 4:00 pm
Registration desk opens at 7:30 am

Fee:    

(Includes course material, coffee and lunch)
PJVA/PASC/CAPPA members: $400.00 + $20.00 GST
Non members: $500.00 + $25.00 GST
(Only 16 spots available for this course due to the active participation required. REGISTER EARLY!)

Registration:   

Secure Online Registration

This course addresses the following questions.

  • What is product measurement and allocation?
  • Why does product measurement and allocation matter?
  • What is measurement difference? What is an acceptable measurement difference?
  • What are common problems and pitfalls?
  • What legislation applies to measurement and allocation? (ERCB Directive 17 and EPAP; Enhanced Production Audit Program)
  • How does the PJVA/CAPPA/PASC model Product Allocation Exhibit address the above issues?
Suggested attendees:
Joint Venture Agreement (CO&O) Practitioners, Product Allocation Practitioners, Revenue and Volume Auditors.



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Introduction to Joint Venture Auditing

This one-day introductory level course is designed to provide an overview and basic understanding of Joint Venture Auditing.

It will review audit protocol and procedures, explain the PASC Accounting Procedures from a joint venture audit point of view, analyze actual audit queries and include short workshops on actual joint venture invoices. You will also review the rights and responsibilities of the operators and non-operators involved in joint ventures.

This seminar is open to all oil and gas industry participants ranging from administration to land to operations to accounting to corporate management. Some prior exposure to joint ventures would be helpful. Most suitable for individuals involved in engineering, land operations, administration and accounting.


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Joint Venture Agreements

This two-day introduction level course is designed to provide an overview and basic understanding of the new Construction, Ownership and Operating Agreement, Unitization Agreements, Gas Balancing, Gas Processing/ Transportation and other agreements. The CAPL Joint Operating Agreement and PASC Accounting Procedure, as they relate to Joint Venture Agreements, will also be presented by knowledgeable members of CAPL and PJVA.

AUDIENCE: To achieve maximum benefit from this seminar a participant should either have had limited prior exposure to joint venture agreements or desire a refresher on current joint venture agreement model forms. Some prior exposure to joint venture operations would be helpful. Most suitable for individuals involved in engineering, land, operations, administration and accounting.



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