TIME: 11:15 a.m. Registration|
11:45 a.m. Luncheon
12:15 p.m. Annual General Meeting
12:30 p.m. Guest Speaker
LOCATION: The Fairmont Palliser Hotel
133 - 9 Avenue SW
COST: $25.00 Members / General Public
GUEST SPEAKERS: Ihor Wasylkiw, P.Eng., Hurricane Hydrocarbons Ltd.
TOPIC: The Challenges of Operations In Kazakhstan: The Growth of Oil and Gas Resources in an Under-developed Basin
Hurricane Hydrocarbons Ltd., a Calgary company started operations in western Canada in 1986, moved into the international arena in 1991 and acquired a major producing asset in the Republic of Kazakhstan in late 1996. The company developed a strategy to grow its oil and gas resource base in a under-developed basin. Hurricane has become the second largest foreign oil producer in Kazakhstan. It produces approximately 15% of Kazakhstan's oil, averaging over 143,000 bopd in the third quarter of 2002. Hurricane's reserve base is equal to approximately 10% of Canada's conventional oil reserve base. Hurricane, an integrated company, is now one of the largest Canadian independent oil producers in just 5 years.
Its first 6 years of operations have been filled with many challenges. Learn about those challenges, the strategy of the company and what it has achieved to date.
To ensure adequate seating, please pre-register with the Calgary APEGGA office at 262-7714 before Friday, January 18, 2003. The Calgary Branch now accepts Visa, MasterCard, or American Express for tickets sold prior to the day of the event.