NEWS & EVENTS
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April 2015
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Events Calendar

April 1, 2015

PJVA/PASC/CAPPA Joint Course: Product Measurement & Allocation, April 2015
Event Starts: April 1, 2015
Time: 7:30 am Breakfast & Registration; 8:00 am - 4:00 pm Seminar
Location: Calgary Petroleum Club (319 - 5 Avenue SW Calgary, AB T2P 0L6), Viking A & B

April 8, 2015

PASC Board of Directors Meeting (9 of 11)
April 2014/15 Meeting
Event Starts: April 8, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Cardium A

April 8, 2015

4th Annual Energy Asset Management Capstone Project Showcase
Location: The Atrium, Stan Grad Centre, SAIT Polytechnic
Time: 5:00pm – 7:00pm

SAIT’s MacPhail School of Energy and the Centre for Energy Asset Management Studies would like to invite you and your company, to the 4th Annual Energy Asset Management Capstone Project Showcase at SAIT Polytechnic.

Light refreshments will be served.

The Energy Asset Management (EAM) students learnall the business functions within the industry including mineral and surface land, joint ventures, operations and production accounting and well and facility asset management. They also gain an appreciation for the technical side of the business, and will graduate with relevant skills in the administration of the regulatory, financial, and contractual compliance workflow pertaining to energy industry assets.

The Capstone Project provides students an opportunity to demonstrate their knowledge of EAM by building a presentation that clearly demonstrates this integrated interdisciplinary approach to tackling a current industry challenge. Students accomplish this by working in groups and with a mentor, to complete a realistic EAM based project.

This evening is designed specifically to highlight program competencies mastered by students, showcase the finished products of the capstone project and provide an opportunity for all industry stakeholders to interact with EAM graduating students and discuss their projects.

The Capstone Project serves as a platform linking academic studies with industrial applications and is the culmination of a two-semester process in which students are required to:

• Research, analyze, prepare, document, submit, and defend a Capstone Project Report relating to a significant program-related issue/topic.

• Apply current industry practices of project management and business principles.

For more information about the program, please visit http://www.sait.ca/programs-and-courses/full-time-studies/diplomas/energy-asset-management-course-overview.php

April 21, 2015

PJVA/PASC/CAPPA Seminar: 13th Month Adjustments, April 2015
13th Month Adjustments, Darren Reeves
Event Starts: April 21, 2015
Time: 7:30 am Registration/Breakfast; 8:00 am - 4:00 pm Session
Location: U of C Downtown Campus, 906 - 8 Avenue SW, Computer Lab 232

April 22, 2015

PASC Luncheon: April 22, 2015
Managing Royalty Income
Event Starts: April 22, 2015
Time: 11:30am - 1:00pm
Location: Calgary Petroleum Club (319 5th Avenue SW)

Managing Royalty Income

Ensuring that royalties are paid and calculated in accordance with the terms of the P&NG Freehold Lease or contractual gross overriding royalty agreement.

Speaker: Dale Richardson

Biography:

Dale Richardson attended Mount Royal College and worked as a Tax Clerk, Gas Plant Accountant, Internal Auditor and a Revenue and Fixed Asset Supervisor before joining Rife Resources Ltd.  He started at Rife Resources as a Senior Auditor in 1983, became Audit Supervisor in 1987, was an Audit Manager from 1993 to 2008 when he was promoted to his current position. Currently, Dale manages Rife Resources, Freehold Royalties Partnership and Canpar Holdings Ltd.

PASC Members: $45.00 +GST
Nonmembers: $55.00 +GST
Location: Calgary Petroleum Club (319 - 5th Avenue SW)

Lunch will include a buffet selection, non-alcoholic beverage, and dessert.

April 30, 2015

CAPLA Conference 2015
Location: TELUS Convention Centre, Calgary, Alberta

Capla Conference 2015

Thursday, April 30, 2015
TELUS Convention Centre, Calgary, Alberta

PASC Members Offered CAPLA Membership Pricing

Whether you are new to the discipline or an industry veteran, Landing Well: Planning for Success will help you excel as a professional. Enjoy industry updates, skill development sessions, and networking opportunities. Join us for a full day of learning, or register for our dynamic breakfast and lunch keynote presentations.
 

Read all about it at the new CAPLA Conference 2015 website.

May 13, 2015

PASC Board of Directors Meeting (10 of 11)
May 2014/15 Meeting
Event Starts: May 13, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Cardium A

May 26, 2015

Course: Intro to Petroleum Tax 1/2 Day
Intro to Petroleum Tax - morning session
Event Starts: May 26, 2015
Time: 8:30 am to 12:00 noon
Location: Calgary Petroleum Club: 319 5 Avenue SW (Cardium A&B)

PASC is offering a half day course on the Introduction to Petroleum Tax.  Topics for the course include an Overview of Income Tax; What is income; How oil and Gas activities are treated for tax; Land costs; Development Costs; Revenue, expenses & tax.  Now is the time to finally understand what is COGPE, CDE and CEE tax classes and how do they affect the bottom line to your company. 

At the end of the class you will an example on how the tax guru’s complete the T2 tax return.  The course is taught by Keith Raskob-Smith Senior Supervisor, Tax for Devon Canada. 

PASC Members: $300 + GST

Non-PASC Members: $350 + GST

Location: Calgary Petroleum Club, Cardium A&B (319 5 Avenue SW)

Time: 8:00am Registration & Breakfast, 8:30am Class Starts

Note: Full breakfast & tea/coffee served between 8:00am - 8:30am

June 2, 2015

PASC 2-day Course: Introduction to Petroleum Accounting
Introduction to Petroleum Accounting
Event Starts: June 2, 2015
Event Ends: June 3, 2015
Time: Daily: 8:30 am - 4:30 pm
Location: Pandell Training Centre 250, 736-6 Ave SW

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)

Description:

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

Instructors:

Mark Lane

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 Lindberg

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

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

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 Miners

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.

 

June 10, 2015

PASC Board of Directors Meeting (11 of 11)
June 2014/15 Meeting
Event Starts: June 10, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Cardium A

June 17, 2015

PASC Luncheon: June 17, 2015
Aboriginal Relations - Corporate View Point
Event Starts: June 17, 2015
Time: 11:30am - 1:00pm
Location: Calgary Petroleum Club (319 5th Avenue SW)

Aboriginal Relations - Corporate View Point

Join us on Wednesday, June 17 for a presentation with Greg Brady, Vice President Aboriginal Relations at Devon Canada Corporation.

Biography:
Greg Brady is Vice President of Devon Canada Corporation’s Aboriginal Relations Team, responsible for managing and facilitating Devon’s policies and relationships with Aboriginal communities across Devon’s Canadian operations. 

Over the span of his 26-year career with Devon and it predecessor companies, Greg has held leadership positions encompassing a wide range of oil and gas functions.  Greg has focused half of his career on working with Aboriginal and non-Aboriginal governments, organizations, and communities, across multiple local, regional, provincial and federal jurisdictions.  He was given the name “Wapis”kaw ayapit” and made “honorary Chief” of the Kehewin Cree Nation for his work related to business development and community support. Greg recently completed a secondment position as Manager, Aboriginal Relations for the Canadian Association of Petroleum Producers (CAPP) where he received the president’s award for his contribution to the association.

PASC Members: $45.00 +GST
Nonmembers: $55.00 +GST
Location: Calgary Petroleum Club (319 - 5th Avenue SW)

Lunch will include a buffet selection, non-alcoholic beverage, and dessert.

June 23, 2015

JIR Committee Meeting
Closed meeting
Event Starts: June 23, 2015
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club: Cardium

Closed Meetings

April 9, 2015

JVA Committee Meeting
Closed Meeting
Event Starts: April 9, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 20, 2015

Materials Inventory Committee Meeting
Closed Meeting
Event Starts: April 20, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 23, 2015

Education Committee Meeting
Closed Meeting
Event Starts: April 23, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 28, 2015

JIR Committee Meeting
Closed Meeting
Event Starts: April 28, 2015
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club: Cardium

May 14, 2015

JVA Committee Meeting
Closed Meeting
Event Starts: May 14, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 25, 2015

Materials Inventory Committee Meeting
Closed Meeting
Event Starts: May 25, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Shaunavon Rm

May 26, 2015

JIR Committee Meeting
Closed Meeting
Event Starts: May 26, 2015
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club: Cardium

May 28, 2015

Education Committee Meeting
Closed Meeting
Event Starts: May 28, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Viking Room A

June 11, 2015

JVA Committee Meeting
Closed Meeting
Event Starts: June 11, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: President's room

June 15, 2015

Materials Inventory Committee Meeting
Closed Meeting
Event Starts: June 15, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club: Shaunavon Rm

June 18, 2015

Education Committee Meeting
Closed Meeting
Event Starts: June 18, 2015
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club


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