This seminar is designed for industry personnel who want an overview of the fundamentals of gas marketing.
The seminar will begin with a brief discussion of the history of gas marketing and some of the more commonly used industry terminology and methods of measurement. The instructors will cover the North American supply and demand picture including new areas of exploration and the demand growth forecasts driven by new power generation. The course will review the transportation of natural gas and how to devaluate new pipelines and pipeline space. The course will then examine the fundamentals of natural gas pricing, storage and the basics of risk management.
The second portion of the course will look at a brief history of Canadian crude oil marketing. The focus will then be on conventional Canadian crude qualities, how they are valued, and how they trade. The instructor will then examine synthetic crude oil including potential supply and pricing. Market factors and markets for Canadian crude including transportation will then be examined.
A graduate of the University of Calgary, Ken has over 20 years of experience in Crude Oil, Natural gas, Sulphur and Natural Gas Liquids marketing. He has worked in both the public and private sector, starting his career with the Alberta Petroleum Marketing Commission, and then with a variety of oil and gas producing companies and marketing companies, as well as working as a consultant for 3 years in a variety of roles. Ken is currently Director, Energy Services with Nexen Marketing, when he is responsible for the Alberta natural gas purchases and sales.
Ken has also taught the Energy Marketing sections of the Canadian Association of Petroleum Production Accountants (CAPPA) curriculum for approximately 12 years, and also has taught marketing classes for a number of international groups, including those from China, Russia and Poland.
Ashley is a certified management accountant and has 12 years of experience in the Crude Oil and Natural gas industry. He started his career at Renaissance Energy and has been with Nexen for six years, working in accounting, pricing, and oil lease supply. Currently Ashley is a crude oil trader responsible for managing Nexen’s and third party oil volumes.
Ashley teaches crude oil pricing to industry participants and the marketing section of the Canadian Association of Petroleum Production Accountants (CAPPA).