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Oil and Natural Gas Marketing Breakfast Series (Part 1 of 2): When Every Dime Counts – Optimizing Your Crude Oil Price Risk Management Outcomes

January 13, 2017

Crude oil prices have fallen from US$105/bbl in June, 2014 to US$40-$50 in late 2016, wreaking havoc in the Canadian oil industry.  Producers have been forced to cut costs across the board in order to survive and many are being encouraged by lenders to hedge future oil prices as a condition of renewing their credit facilities.  What many producers do not understand is that different price risk management trades, such as the popular “costless collar”, can often still cost $0.50+/bbl if a trade optimization strategy and system is not utilized.  In an environment where every dime counts, what can a producer do to ensure its price risk management program does not leave money on the table?

Covered in this presentation:

- To Hedge or Not to Hedge?
- Using NYMEX Futures vs. Over-the-Counter (“OTC”)
- Price Risk Management 101

  • Fixed Price Swaps

  • Put Options

  • Costless Collars

  • Participating Swaps

  • Participating Collars

- How Do Dealers Make Money?
- Setting Yourself Up For Success!

 

Date: Thursday, 19 January 2017
Time: 7:30 – 9:30 am
Location: Calgary Petroleum Club 
For more info refer to this link:  https://goo.gl/Jf4XsU

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