Introduction to Petroleum Accounting
Date: June 2 & 3 (2-day course)
Time: 8:30am - 4:30pm, Registration at 8:00am
Place: Pandell Training Center (250, 736-6 Ave SW)
This seminar has been specifically designed to provide an introduction to the Petroleum and Natural Gas Industry and a review of the basic accounting principles and procedures in regular use by the industry. Topic areas include: geology, drilling and completions, field facilities, joint venture accounting, production and revenue accounting, and financial and management accounting. Sample Agenda
Mark Lane began working in the earth sciences in 1980 and has a gained a wide variety of related experience. His employers have included large international oil and gas companies, small and mid-sized seismic service companies, universities, and technical institutes. His career has ranged through oil and gas exploration, geophysical research, computer programming, and employee development. For the past eight years Mr. Lane has been teaching geophysics and geology to both specialists and non-specialists. He is currently providing training services through his company Mentromorphic Consulting Ltd.
Lorie has been working in the oilpatch for 34 years and has been consulting for the past 18 years. She consults in oil and gas production accounting related work for several companies in Calgary. Lorie has been teaching for the past 24 years for CAPPA, PASC, and various other organizations.
Richard Mackelvie – CMA, B. Commerce (Honours)
In June 2008, Richard joined Canadian Natural as a Joint Venture Auditor. Richard's qualifications include: Professional accounting designation qualification - Certified Management Accountant (CMA) (1989) and Bachelor of Commerce Degree from the University of Ottawa, School of Business (1983). In addition Richard has over 30 years of audit and accounting experience with senior and mid-size oil and gas upstream companies (mostly JV and vendor audits).
Monique Tenn has been working in the oil and gas industry for over 25 years. Although she started her career at Dome Petroleum Limited, she has worked in the junior sector for the last 15 years. She is a consulting controller providing financial reporting services to both public and private companies, and survived the process of transitioning to IFRS. She is currently controller at Westbrick Energy Ltd, a privately-held company.
Tracy Kozak has been in the oil and gas industry for 17 years. She has worked at Baytex Energy Ltd. for 14 of those years. During her time in the industry she has had various roles within the accounting department. She has experience in Accounts payable, Non-Operated Joint Venture, Operated Joint Venture, Audits, Payouts and most recently the Capital accounting department.
Mel has over 40 years of experience in the petroleum and related industries. For the last 19 years he has worked as an independent consultant mainly as a reservoir engineer through his company Martlet Inc. More recently, Mel has been associated with Corvelle Consulting to provide guidance on EPAP and other related topics. As an advocate of life-long learning, he has obtained two advanced degrees and multiple short-course certificates. He has also been involved in teaching various courses at both SAIT Polytechnic and Mount Royal University. He is a member of APEGA, CSChE, CAPPA and SPE.