Daniel Johnston, President & Founder of Daniel Johnston & Co.
Daniel Johnston, President & Founder of Daniel Johnston & Co., is an independent financial consultant to the international petroleum industry. For the past 25 years he has worked in 44 countries working with both International Oil Companies (IOCs) and National Oil Companies (NOCs) on contract analysis and design, negotiations, disputes, and renegotiations. He has a Bachelor of Science Degree in Geology from Northern Arizona University and an M.B.A. (Finance) from the University of Texas at Austin. Daniel founded Daniel Johnston & Co., Inc. in 1985. He writes a column for the Petroleum Accounting and Financial Management Journal (Institute of Petroleum Accounting @ University of North Texas) and is author of a number of books including: International Petroleum Fiscal Systems and Production Sharing Contracts PennWell Books (1994) Economic Modeling and Risk Analysis Handbook University of Dundee (2002) Maximum Efficient Production Rate University of Dundee (2002) International Exploration Economics, Risk and Contract Analysis PennWell Books (2003). Introduction to Oil Company Financial Analysis PennWell Books (2006).
David Johnston, Partner, Daniel Johnston & Co.
David Johnston, is a Director with Daniel Johnston & Co., working with Governments and oil companies on upstream exploration, development, Enhanced Oil Recovery, and marginal field development contracts worldwide. His work includes contract design, economic/financial analysis, negotiations, and expert witness work. David taught courses on Economic Modeling and Risk Analysis, and International Petroleum Fiscal System Analysis and Design at the University of Dundee and has published two books through the University, Economic Modeling and Risk Analysis Handbook, and Maximum Efficient Production Rate. He has also published Introduction to Oil Company Financial Analysis (2006/2008) ˜best seller with PennWell Books, and has written a number of articles on the subjects of energy and technology. He holds a Bachelor of Science degree in Electrical Engineering from the University of Rochester, Rochester, New York.
The Production Sharing Contracts (PSC) course provides critical information to create the right commercial framework for successful PSC negotiations. It examines state-of-the-art practice and techniques in fiscal system, analysis and design. Any type of ‘extractive industry’ will come under the realm of the course including coal, gold & rock mining, geothermal, coal-bed methane, conventional oil & gas, shale oil & gas, deepwater, enhanced oil recovery, LNG & gas-fired power generation. And that is because the PSC course goes way beyond just PSCs.