Fin225
6/17/2013
What to expect from this lecture
Expect this lecture to:
• Complement your subject materials
• Address the topic’s learning outcomes and key themes topic s
• Apply real world examples where feasible to the learning outcomes and key themes
• Be linked to the market conditions current at the time the recording is made
1
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
FIN227 Mining Investment Analysis
Topic 5: The Oil & Gas Industry
John Clayton
Managing Director, Portunus Corporate Advisory
1
6/17/2013
COMMONWEALTH OF AUSTRALIA
Copyright Regulations 1969
WARNING
This material has been reproduced and communicated to you by or on behalf of
Kaplan Online Higher Education pursuant to Part VB of the Copyright Act 1968 (the
Act).
The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act.
Do not remove this notice.
3
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
Hydrocarbons (Carbon + Hydrogen)
• Crude Oil – long chain, liquid hydrocarbon compounds – Light – kerosene, petroleum, diesel
– Heavy – wax, bitumen
– Sweet and Sour (sulphur contents)
• Gas - short chain, gaseous hydrocarbon compounds Octane: C8H18 is refined into petrol
Methane: CH4 is a
– Natural Gas: methane, ethane, plus others
– Liquefied Petroleum Gas (LPG): propane, butane gas lighter than air
• Condensate – further up the chain
– Normally exists in the reservoir as gas, but y g condenses out as a li id d i production. P t d t liquid during d ti
Pentane
for cleaners and solvents
4
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
2
6/17/2013
Formation of hydrocarbon deposits
• 1.1 Occurrence
– Organic matter in sedimentary (source) rocks
– Ancient oceans
What to expect from this lecture
Expect this lecture to:
• Complement your subject materials
• Address the topic’s learning outcomes and key themes topic s
• Apply real world examples where feasible to the learning outcomes and key themes
• Be linked to the market conditions current at the time the recording is made
1
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
FIN227 Mining Investment Analysis
Topic 5: The Oil & Gas Industry
John Clayton
Managing Director, Portunus Corporate Advisory
1
6/17/2013
COMMONWEALTH OF AUSTRALIA
Copyright Regulations 1969
WARNING
This material has been reproduced and communicated to you by or on behalf of
Kaplan Online Higher Education pursuant to Part VB of the Copyright Act 1968 (the
Act).
The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act.
Do not remove this notice.
3
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
Hydrocarbons (Carbon + Hydrogen)
• Crude Oil – long chain, liquid hydrocarbon compounds – Light – kerosene, petroleum, diesel
– Heavy – wax, bitumen
– Sweet and Sour (sulphur contents)
• Gas - short chain, gaseous hydrocarbon compounds Octane: C8H18 is refined into petrol
Methane: CH4 is a
– Natural Gas: methane, ethane, plus others
– Liquefied Petroleum Gas (LPG): propane, butane gas lighter than air
• Condensate – further up the chain
– Normally exists in the reservoir as gas, but y g condenses out as a li id d i production. P t d t liquid during d ti
Pentane
for cleaners and solvents
4
© Kaplan Higher Education Pty Ltd 2012 trading as Kaplan Online Higher Education
2
6/17/2013
Formation of hydrocarbon deposits
• 1.1 Occurrence
– Organic matter in sedimentary (source) rocks
– Ancient oceans