NEWS & EVENTS
LinkedIn RSS
April 2017
SuMoTuWeThFrSa
1
2 3 4 5 6 7 8
9 10
11
12
13
14 15
16 17
18
19
20
21 22
23 24 25
26
27
28 29
30
May 2017
SuMoTuWeThFrSa
1 2 3 4 5 6
7 8 9
10
11
12 13
14 15
16
17
18
19 20
21 22 23
24
25 26 27
28 29
30
31
June 2017
SuMoTuWeThFrSa
1 2 3
4 5 6 7
8
9 10
11
12
13
14
15 16 17
18
19
20
21
22 23 24
25 26 27 28 29 30

Events Calendar

April 11, 2017

Course: Intro to Petroleum Tax 1/2 Day
Intro to Petroleum Tax - morning session
Event Starts: April 11, 2017
Time: 8:00 am to 12:00 noon
Location: Associations Plus Inc. 600, 900 6 Avenue SW, Calgary, AB

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: Associations Plus Inc. 600, 900 6 Avenue SW, Calgary, AB

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

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

April 12, 2017

PASC Board of Directors Meeting (8 of 11)
April 2016/17 Meeting
Event Starts: April 12, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 10, 2017

PASC Board of Directors Meeting (9 of 11)
May 2016/17 Meeting
Event Starts: May 10, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 17, 2017

Course: Gas Allocations & Audit Findings (Intermediate)
Gas Allocations & Audit Findings (Intermediate)
Event Starts: May 17, 2017
Time: Registration & Breakfast 8:00 am; Course 8:30 am - 4:30 pm
Location: Associations Plus Inc. 600, 900 6 Avenue SW, Calgary AB

Gas Allocations & Audit Findings: Intermediate
Format: 1 day

This course will cover:

  • Gas allocations – what are they, who is interested in them,  history, types, what is required to perform a correct allocation,  an example of an allocation process, an example of a simple gas volumetric allocation,  gas and product component allocation steps and a component allocation example.
  • Three things that drive an equitable allocation – accurate volumes (measurement), representative analyses and correct configuration.
  • Measurement – what is measurement, how is it done, why accurate measurement is important, systems included in measurement, standards, why measurement is difficult, reporting measurement, measurement processes and production flow analyses.
  • Audit findings related to measurement – facility& measurement system design/installation issues, error identification and top ten EFM audit issues and recommendations.
  • Gas & Liquid Analysis – compositional measures, what are they used for, important factors when taking samples, gas and liquid analysis audit findings and recommendations

Instructor: Kevin Boyce
For the past 18 years Kevin Boyce worked as a production measurement audit for Encana Corporation.  Prior that that he worked at Chevron Canada Resources for 9 years as a production accountant, joint venture analyst, financial analyst and internal auditor.  He has an Certified Internal Auditor designation, a Certification in Control Self-Assessment and an MBA.  He is  an active member of the Industry Measurement Group (IMG) and is currently the industry liasion for the IMG and heads two subcommittees on changes to the AER/OGC regulations.   He has instructed for PASC, CSHM, & PJVA.

Fee:
$500 +GST Members
$575 +GST Non-members

Location: Associations Plus Inc. 600, 900 6 Avenue SW, Calgary AB
Includes a light breakfast from 8:00 am - 8:30am and Lunch.

May 24, 2017

May 24 lunch - Alberta Carbon Trunk Line
Location: The Petroleum Club, 319 - 5 Avenue SW, Devonian Room
Time: 11:30 am - 1:00 pm

Alberta's NWR Sturgeon Refinery and Alberta Carbon Trunk Line projects are implementing innovative oilsands refining technology and creating a robust CO2 solution for producers to reduce their GHG footprint and add another 10 to 15 per cent to production profiles at their wells.

Join us for a Joint PJVA/PASC/GPAC presentation by Ian MacGregor, Chairman of Enhance Energy Inc. and Chairman of NW Refining Inc. on May 24, 2017, 11:30am to 1:00pm at the Calgary Petroleum Club. PASC member pricing applies.

Register now!

June 12, 2017

The Third Wave of Digitization - Coming to the Oil and Gas Industry
Location: Calgary Petroleum Club
Time: 11:30am to 1:00pm

In just a short time cloud computing has been revolutionary for business.

In many industries, this new paradigm has transformed how we work, giving us the power and information we need to be productive almost anywhere, while at the same time helping to reign-in ballooning IT costs.

So is this just technology for technology’s sake or are there some real benefits to cloud computing for Oil and Gas?

The Digital Oilfield is already here - What will the next five to ten years look like in the Oil and Gas Industry and specifically how will AI affect Accounting, Finance and Operations? 

Join us for a Joint PJVA/PASC presentation by Brad Bechtold, Director of Cisco Canada’s Oil and Gas Vertical Business on June 12, 2017 , 11:30am to 1:00pm at the Calgary Petroleum Club.

Register now!

June 13, 2017

Course: Gas Allocations: Using the declining balance method (Advanced)
Gas Allocations: Using the declining balance method (Advanced)
Event Starts: June 13, 2017
Time: Registration & Breakfast 8:00 am; Course 8:30 am - 4:30 pm
Location: Associations Plus Suite 600, 900 6th Ave SW

Advanced Gas Allocations: Using the declining balance method
Format: 1 day

Note: If you have taken the Product Analysis & Audit Course you can register directly into the Advanced Product Allocations course and do not need to complete the intermediate level course.

This course will cover:

  • Configuration – schematic metering diagrams, AER SMD requirements, what constitutes a gas gathering system, production accounting system configuration
  • Example of a declining balance allocation including the following concepts: effluent proration battery, measurement by difference, C7+ gas equivalent factors, gas lift, return fuel, C3 recovery efficiency factor, sulphur allocation, plant fuel allocation, two plant stream
  • Allocation checks
  • Allocation audit findings
  • Allocations today and in the future

Instructor: Kevin Boyce
For the past 18 years Kevin Boyce worked as a production measurement audit for Encana Corporation.  Prior that that he worked at Chevron Canada Resources for 9 years as a production accountant, joint venture analyst, financial analyst and internal auditor.  He has an Certified Internal Auditor designation, a Certification in Control Self-Assessment and an MBA.  He is  an active member of the Industry Measurement Group (IMG) and is currently the industry liaison for the IMG and heads two subcommittees on changes to the AER/OGC regulations.  He has instructed for PASC, CSHM, & PJVA.

Fee:
$500 +GST Members
$575 +GST Non-members

Note: You require a laptop for this course.

Location: Associations Plus, Suite 600, 900 6th Ave SW
Includes a full breakfast from 8:00 am - 8:30am & Lunch

June 14, 2017

PASC Board of Directors Meeting (10 of 11)
June 2016/17 Meeting
Event Starts: June 14, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

June 21, 2017

Course: Vendor Audit
Vendor Audit 1/2 Day Course
Event Starts: June 21, 2017
Time: Registration & Breakfast @ 7:30am; Course 8:00 am to 12:00 noon
Location: Associations Plus (#600, 900 6th Ave SW)

Vendor Audit
Format: ½ day (4 hours)

In this course you will learn the following:

1. Overview of the vendor / compliance audit activity
2. Risks in third party relationships
3. Benefits of audit
    a. Costs savings
    b. Processes improvement
    c. Risks mitigation
    d. Relationships building
4. Audit process
    a. Identification criterion
    b. Planning considerations
    c. Execution approach
    e. Reporting and follow up
5. Key areas of focus
    a. Contract Types
    b. Contract risks and risk assessment
    c. Audit approach
6. Typical overcharges and their root cause
7. Wrap up and summary of lessons learnt

Instructors:
Salman Yasin
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."

Shahid Qureshi
Shahid has 20 years of experience in financial reporting, business process optimization, risk management and Information Technology Governance. Shahid is a Chartered Professional Accountant (CPA), a Certified General Account (CGA), a fellow member of Association of Chartered Certified Accountants (ACCA) and a Certified Information Systems Auditor (CISA). He is also a cost and management accountant (CMA) and a member of Chartered Secretaries and Managers. He holds a Master’s degree in Economics. Shahid has extensive international experience and has worked in Canada, Asia, Middle East, Far East, Europe, United States of America, United Kingdom, Caribbean and Africa as part of the senior management team at KPMG.

Shahid is currently the Vice Chairman of CPA (Chartered Professional Accountants) Calgary Chapter. He is the Deputy Chairman for ACCA (Chartered Association of Certified Accountants) Canada Committee and a member of ACCA international Council. Shahid is also the President of ISACA (Information Systems Audit and Control Association) Calgary.

Fee:
$300 +GST Members
$350 +GST Non-members

Location: PASC Office 600, 900 6 Avenue SW, Calgary 
Includes a continental breakfast from 7:30 am - 8:00 am

Closed Meetings

April 13, 2017

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: April 13, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 18, 2017

Materials & Inventory Committee Meeting
Closed Meeting
Event Starts: April 18, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 18, 2017

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: April 18, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 20, 2017

Education Committee Meeting
Closed Meeting
Event Starts: April 20, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 26, 2017

Joint Committee Meeting: Education/Membership/Marketing
Closed Meeting
Event Starts: April 26, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

April 27, 2017

Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: April 27, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 11, 2017

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: May 11, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 16, 2017

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: May 16, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 18, 2017

Education Committee Meeting
Closed Meeting
Event Starts: May 18, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

May 30, 2017

Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: May 30, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

June 8, 2017

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: June 8, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

June 19, 2017

Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: June 19, 2017
Time: 11:30 am - 1:30 pm
Location: Associations Plus (#600, 900 6th Ave SW)

June 20, 2017

Materials & Inventory Committee Meeting
Closed Meeting
Event Starts: June 20, 2017
Time: 11:30 am - 1:30 pm
Location: Associations Plus (#600, 900 6th Ave SW)

June 20, 2017

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: June 20, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

June 21, 2017

Education Committee Meeting
Closed Meeting
Event Starts: June 21, 2017
Time: 11:30 am - 1:30 pm
Location: Baytex Energy 2800, 520 3rd Avenue SW


Π