MARCH 14, 2019 7:00 AM-12:00 Noon
PASC is excited to present Insights 2019, a half day technical conference for professionals on-the-go. Earn four hours verifiable CPD credits on emerging industry topics in a rapid-fire morning session and be back in the office for the afternoon!
DRILLING• ARO• VENDOR AUDIT• BILL C-69
NEW REGULATION: A DISCUSSION ON BILL C-69
Honourable Senator Doug Black
The Honourable Doug Black, Q.C. was elected by Albertans as a Senator-in-Waiting on April 23, 2012. In that election, he received the most votes received by any elected representative in Canada before or since. He was subsequently appointed to The Senate of Canada on January 25, 2013. Today, he continues to be an active Senator on behalf of Albertans. Additionally, he chairs the Standing Senate Committee on Banking, Trade and Commerce, the first Albertan to do so.
Prior to serving in the Senate, Senator Black practiced law, and served as a board member or advisor to several Canadian businesses. He was appointed Queen’s Counsel in 2002 and was named in 2012 as one of Canada’s most influential lawyers by Canadian Lawyer Magazine. Senator Black was the founding president of the Energy Policy Institute of Canada, the organization dedicated to the development of a Canadian energy framework. He is also the co-founder of Alberta2.0, a group of Alberta leaders who have developed a roadmap for a more robust and resilient Albertan economy.
THECANADIAN DRILLING LANDSCAPE
Mark Scholz, President, Canadian Association of Oilwell Drilling Contractors, CAODC
As CAODC President & CEO, Mark helps serve the interests of the Canadian drilling and service rig industries by championing their responsible stewardship and long-term sustainability. Sharing a passion for the oil and gas industry and the benefits it provides to so many Canadians, Mark uses his position to educate and engage government, the public, and all other stakeholders on its importance and impacts from coast to coast to coast. Mark holds a degree in economics and a degree in political science from the University of Calgary. He completed a Master of Business Administration degree from the Haskayne School of Business.
ASSET RETIREMENT OBLIGATION (ARO)
Amber Anderson, Vice President, Operations, XI Technologies Inc.
High-profile environmental liability cases like Redwater and Sequoia are causing governments, financial backers, and the energy industry to examine more closely the way asset retirement obligation (ARO) costs are evaluated, tracked, managed, and reported. Abandonment and reclamation strategies are becoming requirements from the earliest stages of a deal all the way through the asset life-cycle. Amber Anderson is Vice President, Operations with XI Technologies Inc. She holds Bachelor Degrees in Education, Commerce, and Petroleum Land Management from the University of Calgary. In her 14+ years with XI, she has taken on a variety of responsibilities including: leading client services, training and support; overseeing software product development; and general operations management. As the primary person responsible for leading development of XI’s AssetBook, LLR and ARO software, Amber has worked closely with energy liability experts, land, business development, finance and accounting professionals across the WCSB to understand their needs with respect to the reliable, efficient evaluation and management of Asset Retirement Obligations.
VENDOR AUDIT PRINCIPLES FOR INDUSTRY PRACTITIONERS
Salman Yasin, B. Comm., CIA, CRMA, CCSA
The mandate of the Vendor Audit function is to provide to Senior Management an objective assessment of contractor/vendor compliance to the terms and conditions of the contract/agreement. Additional outcomes of vendor audits are the reduction of costs and improvement of quality control and monitoring. A vendor audit should not be only limited to making lists of good & bad things. It should be looked at as an overall assessment of findings, from which one can draw conclusions. A vendor audit should be conducted to help the organization make strategic decisions about services, products, vendors, and quality practices. Under that framework, it will provide the company an opportunity to verify that vendors adhere to terms and conditions of the contract/agreement. Salman Yasin has over 19 years of experience in the Operational, Financial, and Compliance audits of all business segments that include Upstream, Downstream and Capital Projects of Oil and Gas industry. Currently Mr. Yasin is working for Canadian Natural Resources Ltd. as a Supervisor Vendor, Audit and responsible to identify, plan, execute, facilitate and manage vendor audits in all business areas of the company. Previously, he worked for PriceWaterhouseCoopers, Ernst Young LLP, and Enbridge Gas Distribution Ltd. at different positions.