IPA Professionals Division Luncheon Talk
Date: Tuesday, May 25, 2004
Time: 11:45 hours
VENUE:
Libra Ballroom, Hilton Executive Club
Jakarta Hilton International
Jln. Jendral Gatot Subroto - Jakarta Pusat
SUBJECT: "Mechanism of Government Take in the Oil and Gas Industry And Implications on
Investment and Value"
SPEAKER:
Chris Ayers
Manager of Economics and Planning for ConocoPhillips Indonesia
BIOGRAPHY
Chris Ayers has been in Jakarta as the Manager of Economics and Planning for
ConocoPhillips Indonesia for three years.
Chris has a total of 24 years experience with ConocoPhillips in Finance positions in
Exploration & Production and Natural Gas and Gas Products Processing. As an investment
appraiser Chris has experience with fiscal regimes in over thirty countries. Chris has
a B.S. in Statistics and an MBA in Finance.
ABSTRACT
Total estimated investment requirement for energy supply infrastructure worldwide over
the 2001-2030 period is 16 Trillion US dollars and accounts for about 1% of total
global GDP. Oil and Gas is one of the most heavily taxed and regulated industries in
the world. Yet government take varies wildly from country to country, and even within
an individual country government take can have a wide variance. This presentation
reviews mechanisms for government take, impact on foreign investors and governments,
and implications for capital investing on a worldwide base and also specifically here
in Indonesia.
FUTURE TALKS
Suggestions and volunteers for talks are always welcome. Topics should be relevant to
exploration and production in Indonesia and/or be of interest to a wide range of
disciplines.
Please contact the Luncheon Talks Chairman, Peter Butterworth, at VICO Indonesia,
phone 5236018, e-mail: [EMAIL PROTECTED] and/or [EMAIL PROTECTED]
COST : Rp. 125.000,00 (IPA Prof. Div. Member) or Rp. 145.000,00 (Non IPA Prof. Div.
Member) excluding drinks, payable at the entrance of the Libra Ballroom; payment in
cash is preferred.
� Reservations and cancellations will be accepted until 15:30 hours on
Monday, May 24, 2004. Phones: 572.4284-4286; fax: 572.4259; e-mail: [EMAIL PROTECTED]
or [EMAIL PROTECTED]
� No reservations and cancellations will be accepted after this time.
� Members of IAGI, HAGI and IATMI are welcome.
Please make sure that if you hold a reservation and are unable to attend that
you notify
the IPA Office as soon as possible otherwise you will be charged for cost of the
luncheon.
