About OilFinancier

OilFinancier puts you into a realistic online forum to improve your finance and negotiation skills. You will be participating with other like-minded students with whom you will be making big oil deals. You call your own shots to make things happen. You also live with the consequences of your decisions.

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The OilFinancier website provides some valuable financial and negotiation techniques to help you succeed. You are not, however, obligated to use these techniques. You make deals any way you want. It is your share price that determines whether you know what you are doing—or not!

At first glance, OilFinancier appears to be quite simplistic. The OilFinancier map is somewhat dull; the geology lacks reality; the risks and rewards are too straightforward; the agreement takes only a minute to fill in the blanks; the seminar moves at a snail’s pace. But this blandness is just a first glance. Let’s look a little closer.

Underneath the apparent naiveté lie many subtle financial conundrums that require skillful analysis to maximize success. The more skillful financiers will always be asking:

  • How much do I want to risk on this deal?
  • Should I drill now or wait for better opportunities?
  • Should I drill shallow or should I spend more money and go deeper?
  • Should I become a free rider and wait for others to prove up this area?
  • Should I still go ahead with this exploration play even though I can’t get Mr. X into my deal?
  • What is a financially sound bid for these oil rights?
  • How much of the revenue should the owner of the oil rights receive?
  • If this well is successful, how does this affect my other land holdings?
  • Should I walk away from this deal?

A thorough financial analysis will be very useful to answer such questions. And the slow pace, which encourages the virtue of patience, gives you the time to properly evaluate all situations that come your way in OilFinancier.

What even complicates OilFinancier further is that you will be working with and competing against other students with differing temperaments and strategies. This interesting dichotomy of rivalry and cooperation places you into interesting negotiation situations. When negotiating, you should be asking yourself:

  • Who are the best people to make this deal with?
  • Should I stay with people I am comfortable dealing with?
  • Should I invest time into dealing with unfamiliar partners to make a more financially sound deal?
  • Should I push the deal to gain a little more for myself?
  • Should I give a little to make the deal happen?
  • What are the interests of my potential partners? How do I use these interests to make a better deal?
  • What will happen to the relationship if I negotiate in my current style?
  • How will my current negotiation style affect my participation later in the seminar?
  • Is the time spent to make this negotiation succeed really worth it?
  • How can I turn this difficult person into a potential partner for the rest of the seminar?

OilFinancier is a great opportunity to enhance your negotiation attitude and skills. It’s up to you to get what you need for the rest of your career.

OilFinancier is also about long-term planning. Establishing a certain position early in the seminar, such as buying many oil rights, becoming an early CEO, or earning a reputation as a fair negotiator will reap rewards months later. The decisions you make in the first days of an OilFinancier seminar will have an impact a hundred days later.

And each OilFinancier seminar develops its own unique culture. The more skillful students recognize that culture and will work within its attributes and limitations to make things happen for themselves.

Many OilFinancier students will want to take the seminar twice. The first time will provide a thorough understanding of how the seminar works. Students will make some mistakes and learn from them. The second time will be for the students prove to themselves and the world that they have some important skills and attitudes worthy of being part of big business decisions.

You need only spend a few minutes a day with OilFinancier. You just fit this time around your regular duties or studies. Because OilFinancier fees are low and you need not leave your work station to take on an OilFinancier seminar, your boss will appreciate this training.

Each OilFinancier seminar lasts about one year. And in this year, you have the opportunity to experience at least 500 decision points that should require a financial analysis. With so many decisions points, you will experience the law of averages, so your overall performance is based on skill, not  a little streak of good nor bad luck. 

You also set your level of commitment you give to this seminar. You can use some common sense approaches to finance and negotiation, which makes dealing quite simple. You can also put a lot of thought and analysis into the deals, thereby giving you the edge over the other students. You can also commit to being a real dealmaker: the financier who makes things happen. Or you may just be content to wait for the dealmakers to approach you and evaluate their proposals. It’s all your choice.

You can become "inactive" from the seminar at any time for any reason. The seminar continues with the other financiers making deals without you. But you still get your daily cash flows from your producing wells. When you return to active status, you will have a lot more OilFinancier money to make deals and a changed OilFinancier map with new situations to analyze. You still keep your place in the seminar despite taking time off.

So, now it’s time for you to make a decision about OilFinancier. What are your reasons for not registering in this seminar today to gain important finance and negotiations skills—skills which will last you the rest of your career?

 

The Oil Financier Team...
 

Dave Volek, B. Sc. (Eng.), has nine years of experience as an engineer, seven years as a small business owner, three years as a technical writer, four years as an instructor, and two years as a seminar developer.

Dave is the inventor of

OilFinancier.com
  • Engineering & Design:  Dave Volek
  • Technical Writing:  Dave Volek
  • Editing:  Jolene Fleming, Lorraine Gorman, Libby Graham, Les Thompson
  • Website Development:  Gold Media Inc - Max Low
  • Marketing Consultant: Third Stage Alliance
  • Cartoons:  Tim Rotheisler
  • Logo and Artwork:  Jane Russell

Check the Design of OilFinancier

 

 

 

 

 


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