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Events Calendar

September 24, 2012

September Luncheon
Larry Yasman: Payout/Penalty Accounting
Event Starts: September 24, 2012
Time: 11:30 a.m. to 1:00 p.m.
Location: Banker's Hall Auditorium, 315 8th Avenue SW

Please be aware that we are at a new venue for this luncheon. Here are the directions 

Bankers Hall Auditorium Location: 

Bankers Hall Auditorium is located on Lower Level A/P3, 315 – 8th Avenue SW, accessible by the stairs near Starbucks on the main floor or by the Retail elevators at the north entrance off Stephen Avenue.


Payout accounting is one area that companies tend to do on an ad hoc basis. There is inconsistency in the timing, preparation and presentation of payout reporting. This presentation will review the current guidelines and incorporate the recent changes that affect the statements, including revised CAPL agreements and our current marketing environment and the effect of the PASC 96 and PASC 2011 Accounting Procedures.

About the Presenter: Larry Yasman, Leader-non-operated accounting – Devon Canada

Larry started his Oil and Gas career in 1976 with Home Oil and has worked in a variety of positions, with his latest role as Leader-non-operated accounting for Devon Canada.

Larry has been a member of PASC since the early ‘80s’. He committed 4 years on the PASC Board and became an Honorary Member in 2007. Larry is currently serving as the chair of the Joint Interest Research Committee.

He has participated in the development of a number of PASC documents, including Accounting Procedures and Guidelines. He helped develop the current PASC Accounting Guide to Farmouts/Farmins and Penalty Interests.

PASC/CAPL/CAPLA/CAPPA/PJVA Members: $40 + GST
Non-PASC Members: $50 + GST

October 11, 2012

Joint Venture Audit Committee Meeting
(By invitation only)
Time: 11:30 am - 1:30 pm

October 11, 2012

Joint Venture Audit Committee Meeting
(By invitation only)
Time: 11:30 am - 1:30 pm

October 18, 2012

October Luncheon
Max Lof: 'What it Takes to be an Entrepreneur in the Oil and Gas Industry'
Event Starts: October 18, 2012
Time: 11:30 a.m. to 1:00 p.m.
Location: Bankers Hall, 315 - 8th Ave SW

About the Presenter: Max Lof, CFO of Surge Energy

 Max has more than 20 years of experience in energy and capital markets roles. He has been involved in several start-up companies including being a Founder and Chief Financial Officer of both Breaker Energy Ltd. and Surge Energy Inc. He also has expertise in public and private debt and equity financings, the valuation, execution and integration of acquisitions and divestitures, risk management and investor relations, as well as oil and gas equity research. Max will discuss his experiences as an entrepreneur and Chief Financial Officer. He will reflect on his roles as a founding member of a team building successful energy companies, sharing some of what he learned along the way and some insight into what leads to the success of those opportunities.

PASC/CAPL/CAPLA/CAPPA/PJVA Members: $40 + GST

Non-PASC Members: $50 + GST

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