Registration Fee : This fee does not include 7% VAT, accommodation, and transportation, but include 2 break and a lunch during the session day, instruction and instructional materials. Basic Petroleum Economics I (Code: BM 02) T e c h n i c a l P e t r o l e u m T r a i n in g I n s t i t u t e Course Schedule This course is conducted in Thai The course aims to provide knowledge of basic knowledge of Petroleum Economics. Students will understand the project commercial viewpoint and know ideas to change the principle to get better financial results. Also, students will be able to run the cash flow analysis with the project sensitivity in order to understand the project viability and profitability impact under the change of those project’s critical elements. Course Objective : 16 th June 2009 Class Size Minimum 10 Maximum 30 Venue -TPTI Bangkok Training Center Shinawatra III Building, 6 th Floor Vibhavadi-Rangsit Rd. Course Outline : ฿ 4,900 Payment/Cancellation The fee should be made in Thai Baht and payable to : Technical Petroleum Training Institute Account No: or Swift Code: SICOTHBK at Siam Commercial Bank Ltd., Ramatibadee Branch. The cancellation must be made and received by TPTI 14 days or more prior to the course. One half of the registration fee must be paid by those registrants who cancel less than 14 days before the program. Technical Petroleum Training Institute : Head Office 6th Floor, Shinawatra Tower III 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. Tel: Fax : Technical Petroleum Training Institute : Training Center 6th Floor, Shinawatra Tower III, 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. Tel: Fax: th June 2009 (Day 1) Lunch - Overview of Petroleum E&P Economics in Thailand - Types of Petroleum Contracts - Terminology and unit used in the Industry - Law and Legislation that relate to the Economic Analysis - Economics Terminology - Principle of Hydrocarbon Pricing Instructed by Dr.Titisak – Chulalongkorn University - Project hurdle - Identify the State of Each Types of Money (RT, MOD, PV, FV) - Depreciation Principle - Cash Flow Elements and how to calculate - Discounting Process & Profitability Indicator Calculation - Sensitivity Analysis, Project Ranking & Optimization - Deferment, Acceleration, Exploration Project Instructed by Dr.Titisak – Chulalongkorn University Who should attend : All Engineers, Finance, Accountant and all Supervisory staff

3. POST: Complete and return your form to: Technical Petroleum Training Institute 6 th Floor, Shinawatra Tower III, 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. T e c h n i c a l P e t r o l e u m T r a i n in g I n s t i t u t e Registration Form REGISTRATION FEES : ฿ 4, Basic Petroleum Economics I (Code: BM 02) – Thai Version - This fee includes 2 breaks and a lunch during the session days, instruction, and instructional materials, but does not include 7% VAT, accommodation and transportation. 2. Enrollment Information : (Please print clearly.) Family Name : First Name ( Mr / Ms / Mrs ) : Position : Approving Manager : Position : Company : Address : Nature of Business : Tel : Fax : Signature: Date: Payment Method : By cross cheque or bank draft payable to Technical Petroleum Training Institute Mail your payment with this registration form to TPTI. Enclosed is the cheque / draft for Baht By Address :6 th Floor, Shinawatra Tower III, 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. 3. Wire transfer into the account ofTechnical Petroleum Training Institute Bank Name : Siam Commercial Bank Ltd., Branch : Ramatibadee Account No: or Swift Code: SICOTHBK 4. THREE EASY WAYS TO REGISTER : Tel: FAX: Venue -TPTI Bangkok Training Center Shinawatra III Building, 6 th Floor Vibhavadi-Rangsit Rd. 16 th June 2009 Technical Petroleum Training Institute : Head Office 6 th Floor, Shinawatra Tower III, 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. Tel: Fax : Technical Petroleum Training Institute : Training Center 6th Floor, Shinawatra Tower III, 1010 Viphavadi-Rangsit Road, Chatuchak, Bangkok Thailand. Tel: Fax: