Energy Trading & Risk Management Seminar

Singapore | 18-19 November 2015

What You Will Learn

How to utilize futures, swaps, options, collars and other hedging strategies to protect your company from volatile energy prices

How the ICE, NYMEX, OTC (over-the-counter) and physical energy markets operate, impact energy prices and provide you with the ability to mitigate your exposure to volatile prices

An in-depth look at the major crude oil, refined products and natural gas liquids trading hubs including the North Sea (Brent), Northwest Europe, Mediterranean, Cushing (WTI), Arab Gulf, Singapore, US Gulf Coast, New York and Mont Belvieu and how global products flows impact prices

Hedging strategies for crude oil, bunker fuel, diesel fuel, fuel oil, gasoline, gasoil, natural gas liquids (NGLs), liquified natural gas (LNG), jet fuel and more...

How basis relationships impact energy prices and how to prevent basis risk from destroying your hedging program

How to develop and implement an energy hedging and risk management policy

A hands-on exercise where you will experience a “year in the life” of an executive who is responsible for managing an energy hedging program

Agenda – Day One

Breakfast & networking

Introduction to energy hedging, trading & risk management

Overview of the global energy markets

An in-depth review of the major crude oil, refined products and natural gas

liquids trading

Introduction to NYMEX/CME Group & ICE futures, options and swaps

An examination of the differences between over-the-counter (OTC) and

exchange traded/cleared hedging instruments

Lunch

In-depth examples of how to utilize various energy hedging strategies including

futures, options, and swaps

Examples of various hedging strategies covering all energy commodities

Real world hedging scenarios including the perspectives of consumers,

producers, refiners, traders and marketers

Agenda – Day Two

Breakfast & networking

Analyzing & hedging basis risk

How to identify, quantify and analyze your energy price risk

Developing an energy hedging and risk management policy

Designing and implementing an energy hedging program

A hands-on exercise where you will experience a “year in the life” of an

executive who is responsible for managing their company's energy hedging

program

Lunch

Question & answer session

Conclusion

Attendees

Among those who will benefit from this seminar include accountants, auditors,

attorneys, bankers, board members, chief financial officers, controllers,

corporate financiers, consultants, engineers, equity research analysts,

executives, financial analysts, fund managers, government regulators, investor

relations representatives, managers, marketers, originators, risk managers,

traders, treasurers, among others.

The types of companies that typically attend this program include employees of

accounting firms, asset managers, bunker fuel suppliers, cargo airlines,

commercial airlines, commercial banks, construction companies, consulting

firms, crude oil producers, electricity generators, ferry operators, fuel marketers,

government regulators, investment banks, leisure airlines, manufacturing

companies, marine shipping companies, mining companies, private equity firms,

railroad companies, shipping companies, transit agencies, trucking companies,

tug and barge operators, universities and utility companies, among others.

Previous Attendees

Previous attendees of our seminars include ABN Amro, Air Liquide, Allegro

Development, AmeriGas Propane, Anadarko Petroleum Corporation, Arena

Energy, Astra Oil Company, Axeon Specialty Products, BCG Brokers, Berry

Petroleum Company, Bloomberg, British Airways, Bristol-Myers Squibb, City

University London, China Aviation Oil, CLP Power Hong Kong, Cockett Marine Oil,

Compañía Española de Petróleos (CEPSA), Conecta Energía, Corendon Airlines,

Eastman Chemical Company, EGYPTAIR, Eide Bailly, Etihad Airways, Gazprom,

Gearbulk, Glencore, GLOBALFOUNDRIES, High Sierra Energy, HODICO, Husky

Energy, Inatech, Insight Risk Technologies, Investment Bank of Greece, Island Oil

Group, Just Oil, KAFCO, KfW IPEX-Bank, LINN Energy, MathWorks, MOL Group,

Middle East Airlines, NRG Energy, OMV Petrom, Oilinvest Group, Oil Refineries

Ltd, One Petroleum Limited, Opportune, Oxford University, PEMEX, Peninsula

Petroleum, Petron Corporation, Petronas, Raiffeisenlandesbank, Royal Bank of

Scotland, Royal Jordanian Airlines, Reliance Industries, SAP, Shell, SK Gas,

Summit Discovery Resources, Standard Bank, Swiber Holdings, Tamoil, The Bank

of Korea, Tipco Asphalt, THY OPET, Transcor Astra Group, Travelers Insurance,

University of Exeter, University of Houston, V Marine Fuels, Van Oil, Warren

Averett and Westlake Chemical Company, among many others.

Instructor

Mike Corley is the founder and president of Mercatus Energy Advisors. As a

subject matter expert, Mr. Corley serves as a trusted energy hedging and risk

management advisor to dozens of companies and organizations across the

globe. Prior to founding the firm, he held various positions in trading, risk

management, quantitative analysis and marketing with El Paso Merchant Energy,

Cantor Fitzgerald and several boutique energy trading and risk management firms.

Mr. Corley regularly serves as a keynote speaker for organizations such as Airline

Economics, Argus, Energy Institute, OPIS, Platts, The Council of Petroleum

Accountants Societies and The Oil Council. In addition, Mr. Corley regularly

contributes to various industry publications including Airline Economics, The

American Oil & Gas Reporter, BBC News, Bloomberg, Energy Risk, Futures

Industry, Oil & Gas Financial Journal, Oil & Gas Investor, Platts, Reuters and The

Wall Street Journal, among others. Mr. Corley earned a B.A. from The University

of Oklahoma.

Register

To learn more about the seminar and book your place please visit

www.mercatusenergy.com/education.