Evaluation of Canadian Oil and Gas Properties for Landmen (2 Day)


  • November 22, 2017 from 8:30am to 4:30pm
  • November 23, 2017 from 8:30am to 4:30pm


This seminar is ideally suited for oil and gas professionals who may currently or in the future be involved in the evaluation of oil & gas development opportunities, reserves assessments and mergers & acquisitions or dispositions of assets.


The course objective is to focus on understanding the process of evaluations an understanding the outputs so that land professionals understand what oil & gas evaluators do and what they report.

Learning objectives:  At the end of the course, the attendees would understand:

  1. Definitions of reserves and resources, and what they mean to a firm
  2. The process of estimating reserves and resources - Income method, calculations of recoverable volumes, price forecasts, operating and capital costs, royalties
  3. Need for discounting
  4. Profitability indices
  5. Public reporting requirements

Registration Fee includes beverages and snacks.


Miles Hughes, P.Eng.

The seminar will be presented by Miles Hughes, Manager of Strategic Advisory at Sproule.  He is a Senior Petroleum Engineer and has been a Sproule professional since 2014.  He has over 5 years' experience in Corporate Planning and Reserves and 8 years' experience as an exploitation and production engineer.  When he's not at work, Miles can often be found at a football field or basketball court, either coaching or watching one of his children compete.

CAPL Credits: 12 Credits
AAPL Credits: 12 Credits
Fee: CAPL Member $450 plus GST
  Non-Member $600 plus GST