International Oil Company Financial Management in Nontechnical Language

• Introduction
• Oil industry financial accounting
• Integrated management system
• Competitive comparison
• Cost management
• Capital budgeting and investment theory
• Cash flows in the oil industry
• Capital structure
• Financial reporting and investor/stockholder relations
• Econometrics
• Appendices
• Glossary
• Index

• Field level personnel
• Management
• Energy lending and finance professionals
• Anyone who seeks to understand how, or relies upon, energy markets
• Students

James Bush is a retired executive from Amoco Corporation and founder of Bush and Associates, an accounting and consulting firm. A trainer and lecturer, he has developed training programs in oil and gas finance, accounting, contract administration, management, economics and process reengineering on an international basis for the Professional Development Institute in Denton, Saudi Arabia and Colombia, SA, and for the Improved Petroleum Recovery Company in Dallas and Cairo, Egypt.

Daniel Johnston is an active international consultant and lecturer with more than 20 years’ experience in the petroleum industry. He is founder of Daniel Johnston & Co., Inc. and teaches worldwide on the subject of economics and risk analysis, petroleum fiscal systems, and financial analysis for the petroleum industry. Mr. Johnston is also the best-selling author of these titles from PennWell: International Oil Company Financial Management in Nontechnical Language (1998), Oil Company Financial Analysis in Nontechnical Language (1992), International Petroleum Fiscal Systems and Production Sharing Contracts (1994), International Exploration Economics, Risks, and Contracts Analysis (2003), and Government Take for Petroleum Exploration & Development Contracts Wall Chart (2001).