Energy Seminars Inc
Thursday, May 23, 2013
Continuing Education for the Energy Industries

   LEAP Master Agreement
   
 
 
October 2, 2013     Houston 
COURSE DETAILS
Cost:  $898
CPE/CLE Credit: 7.5 hours
Course: LEAP Master Agreement 101
Prerequisites: none
Instructional Method: Live 
Time: 8:30 am - 5 pm
 
Agenda    |    Instructor    |
 
BRIEF: There is now a state of the art form for trading crude oil and refined products: THE LEAP MASTER AGREEMENT.  The course begins with a discussion oil trading and how to use the LEAP Master Agreement to better manage your company’s market and credit risks.   Next, there is a step by step review of the entire LEAP master agreement.  How does the LEAP Master Agreement compare to the ConocoPhillips GTCs, and to the ISDA® with an oil annex?  What special provisions need to be added, and which ones are already part of the LEAP?  The course also includes complete coverage of the "Lessons from Lehman" and the "safe harbor" in bankruptcy for trading contracts. 
 
AGENDA:

 

AGENDA

LEAP® 101 SEMINAR

                                                         

1.                  Overview of Oil and Refined Products Trading (8:30 to 9:15)

a.          T/F “Test” on Oil Trading

b.          Oil Trading Markets

c.          Oil Trading Documentation

      2.         LEAP Master Agreement 2.1 (9:15 to 10:15)

                  a.     Leadership for Energy Automated Processing

                  b.     Comparison to ISDA and ConocoPhillips Form

c.     Highlight Advantages of LEAP Master Agreement

d.     LEAP Initiatives on Electronic Automation

3.         Review LEAP Master Agreement 2.1 (10:30 to 12:00 and 1:00 to 1:30)

a.     T/F “Test” on LEAP Master Agreement

b.     Review Section by Section

c.     Confirmations

d.     Canadian Addendum and Marine Annex

4.         Cover Sheet of LEAP Master Agreement (1:30 to 2:30)

                  a.     T/F “Test” on Cover Sheet

b.     Review Alternatives Section by Section

c.     Credit and Collateral Issues

d.     Special Provisions

6.         LEAP Master Agreement Negotiation (2:45 to 4:00)

a.     Big Bank versus Power Utility Company

b.     Discuss Forms and Compromises

7.         Looking Forward (4:00 to 4:15)

a.     LEAP Master versus ISDA with Oil Annex

b.     Quality of the Credit Provisions

c.     Negotiation Strategies 

 
 
 
 

CPE Credits:  Registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.  Web site: www.nasba.org

We have entered into an agreement with the Texas State Board of Public Accountancy to meet the requirements of CPE rules covering maintenance of attendance records, retention of program outlines, qualifications of instructors, program content, physical facilities, and length of class hours. This agreement does not constitute an endorsement by the board as to the quality of the program or its contribution to the professional competence of the licensee.

Refund Policy: If the registrant or his or her agent cancels a registration 3 days or more prior to the seminar date, Energy Seminars, Inc. (ESI) will impose a cancellation fee of $35 if paid by check, money order, VISA, or MasterCard, or $50 if paid by AMEX. If the registrant is a no-show or the registration is canceled less than 3 days prior to the seminar date, ESI can offer only a letter of credit to any future seminar.

For more information regarding our complaint and refund policies, please telephone our offices at 281-362-7979.