Presenters
- Graeme Simpson- (simpsong@rpsgroup.com)
- Bernie Vining - (BVining@Gaffney-Cline.com)
This two-day seminar was of significant value to those Earth Science undergraduates and postgraduates that were considering a career in petroleum exploration and production. In addition, it provided an excellent career development opportunity for young petroleum geoscientists already employed in the industry.
The seminar addressed the ways in which petroleum economic analysis techniques, allied with the concepts of risk and uncertainty, were used in assessing petroleum geoscience related investment decisions: should money be invested in drilling a particular prospect; how should choices be made between competing prospects; how much is a prospect worth?
The conference included a presentation by Mitch Bilderbeck, a senior petroleum engineer with RPS Energy which has extensive international experience in all aspects of petroleum engineering and economic analysis. Mitch brought petroleum engineering and commerical expertise to the course while complimenting the geoscience backgrounds of the other presenters.
