LOS ANGELES BASIN SPE SECTION NEWSLETTER March 2009

In this issue:

- Message from the Chair

- Annual Golf Tournament

- March Petro Tech Forum

- Mentoring Youth

- LA SPE YP Social

Networking Event

- LA SPE Young

Professionals – Student

Chapter Presentation

- LASPE 2009 Crude Price

Challenge

- USC Report

- OC Engineering Council

Award Banquet

- SPE Western Regional

Meeting 2009

- Optimize Travel Message

- SPE-PTTC West Coast

March Workshop

- Services Offered

- GOLF TOURNAMENT

FLYER

Visit LASPE Web Site at

www.LASPE.org

A Message from the Chair Dear fellow SPE members, Last month’s LASPE Petroleum Technology Forum on “Offshore Drilling Operations in Angola, West Africa” by Eric Upchurch was a great success and brought a crowd of over 80 to the Long Beach Petroleum Club.

It showed that our members not only have interest in local and regional issues but also in international issues as well. This is the nature of our business and an indication of true globalization of oil and gas industry. Despite the continued economic downturn, price volatility and supply/demand corrections, many analysts believe that the medium- to long-term outlook for the oil and gas industry has not changed and the need for more exploration/production as well as more research and development (especially on new technology) remains the same. They caution our industry decision makers on cutbacks in capital spending, research and development, personnel, work force training and education which can further complicate current situation and can jeopardize the industry’s future. Too much focus on short-term demand issues and lack of attention to the supply-side limitations, can lead to another sharp supply crunch and further price instability. The “energy crisis” is more significant and real than the “financial crisis” since the latter is normally temporary and short-term while the former is more permanent and long term. How is SPE dealing with the current situation? According to the SPE President Leo Roodhart, in the February issue of JPT, fortunately, “SPE is financially very robust but with the world in economic slowdown, business as usual and steady progress will not be good enough in 2009. We will have to take a good look at what our members need and continue to deliver high-quality, cost-effective services and do that consistently. Every one of us must feel that SPE is there for all of us, helping to disseminate knowledge, in bad times as well as good times. Continued on next page . . .

A Message from the Chair continues

Message from the Chair continues . . .

The SPE Board of Directors is very aware of this (financial challenges on SPE programs and activities) and will try to minimize the impact on services important to members”. He asks us to remind our business leaders that “in times when costs need to be carefully managed, the professional societies like SPE are the most cost-effective way for you to learn, to innovate, and to find ideas to make your operations more productive. In good times and bad, SPE will always be there to help you”. With that in mind, the LASPE Board of Directors invites YOU, our members, to get more involved in planning and operations of our section activities by participating in our monthly meetings as an audience or a speaker, requesting/proposing or offering a seminar or a short course, sharing your work experiences, volunteering for our outreach activities, serving as a mentor for our Young Professionals groups or student members, etc. I am sure you agree with me that these are very rewarding experiences. Please do not forget the 2009 SPE Western North America Regional Meeting, March 23-26 in San Jose, California. I hope to see you there.

Sincerely, Jalal Torabzadeh 2008-2009 Chairman

** LASPE Charity Golf Tournament – Don’t Miss Out! **

Don’t forget to mark your calendar for May 15, 2009 for our annual scramble start Charity Golf Tournament at Los Serranos CC in Chino Hills. It is the Society of Petroleum Engineers Los Angeles Basin Section’s key fundraiser for all our activities through the year – scholarships, community outreach and continuing education. The tournament committee has been working hard to make sure this year’s program is the best ever continuing the tradition of plenty of golf, friends and fun. Included in your entry fee is the pre-tournament BBQ courtesy of Weatherford, prize opportunities on the course including the longest drive and

closest to the pin and the post tournament banquet and raffle. Sign up a team to challenge others for the company cup. Signing up and paying is easy through PayPal. There will be links on the LASPE website (LASPE.org) later in March for an online sign-up page. Festivities start at 10:30 on May 15th. Come out early and enjoy the BBQ lunch, hit a bucket of balls and enter the putting and chipping contest to win extra raffle tickets. The shotgun start is at 1:00 PM. See you on May 15th. Mike Fibey 2009 Tournament Chairman

LA SPE Petroleum Technology Forum

“The Growing Demand for Oil and Natural Gas and the Related Global Warming Issues”

The next Petroleum Technology Forum will be held on Wednesday, March 11, 2009 at the Long Beach Petroleum Club, 636 Linden Avenue, Long Beach, CA 90807. The speaker will be Distinguish Lecturer Dr. George Stosur. Abstract and speaker bio follow.

Location: Long Beach Petroleum Club 3636 Linden Avenue Long Beach, CA 90807

Time: Registration: 11:30 AM Buffet Lunch: 12:00 noon Presentation: 12:20-1:00 PM

Cost: $20.00 members, Free for students.

“The Growing Demand for Oil and Natural Gas and the Related Global Warming Issues”

Dr. George Stosur Abstract: World economies, particularly the transportation sector, run on oil. No other energy source comes close to matching the efficiency, economy and convenience of petroleum-derived fuels. The brightest minds agree (sometimes grudgingly) that both demand and supply for oil will continue to increase for the foreseeable future. Long-term projections (e.g. USGS, IEA, EIA), show the world’s light oil production peaking in two decades. But, the world has much more unconventional than conventional hydrocarbon resources in the form of heavy oil, tar sands, oil shale, coal-bed methane, gas in ultra-tight formations and natural gas hydrates. Some of these are already commercial, while other may never reach that status. A few will enjoy an explosion of activity in mid-21st century, when conventional oil production declines, demand for liquid hydrocarbons continues unabated and oil price levels can support alternative recovery schemes. The world is endowed with huge resources of heavy oil and tar sands. Immeasurable quantities of natural gas are locked in very tight formations, coalbeds, and particularly in the currently inaccessible natural gas hydrates. Some of today’s uneconomic processes will become a staple of tomorrow’s world economy. Discussion will include promising new technologies such as direct conversion of (stranded) natural gas to transportation fuels and easy shipment from remote locations to markets. LNG is already hot, with $28-30 billion in LNG projects currently under construction and 54 new tankers on order, some much larger than the old variety. An exciting long-range possibility (speculation?) is the production of gas from natural gas hydrates -- an enormous resource that far exceeds that of conventional natural gas. Extra heavy oil (Orimulsion) already competes with coal for electric power generation.

Continued on next page . . .

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LA SPE Petroleum Technology Forum - continues

LA SPE Petroleum Technology Forum continues . . .

The only counterpoint to this seemingly optimistic scenario is the ever-increasing public concern about the environment and the perceived issue of global climate change from carbon dioxide emissions. Technical, economic and political impediments may all be equally intractable. The presentation includes discussion of sustainable issues affecting the oil industry, such as activities that involve sequestration of greenhouse gases in depleted reservoirs (often with oil or gas production as a byproduct). The global warming issue is briefly illuminated with historical background of Earth’s many interglacial episodes and sharp temperature oscillations.

Bibliography: Dr. Stosur managed the upstream oil and gas R&D program at the U.S. Department of Energy in Washington, D.C. He was responsible for DOE-sponsored research conducted at several universities, National Laboratories, the National Petroleum Technology Office, several joint research projects with other countries and a program with the International Energy Agency. His private sector experiences include Chevron and Shell Oil Companies. There, he focused on petrophysics, R&D of EOR processes, heavy oil production problems and gas production from ultra-low permeability formations. George served as an SPE Section Director, three-times SPE Distinguished Lecturer and currently serves as a guest speaker for several cruise lines. He authored 86 papers and two textbook chapters on oil recovery. He holds two M.S. degrees and a Ph.D. in petroleum engineering. Katherine Wallgren, Forum Chairperson, Katherine_Wallgren@oxy.com

Inspiring and Mentoring the Youth

On March 19, 2008, LASPE Vice Chairperson Vanessa M. Perez mentored students at Glenknolls Elementary School in Yorba Linda. Ms. Perez prepared a geology presentation that introduced minerals, rocks, fossils, and discussed how oil is formed and used in our daily lives. LASPE partners with FSEA (Future Scientists and Engineers of America) to bring about these educational programs. FSEA is a national after-school program that unites 20 students for a 10 week after school program-1 hour a day. The students engage in science activities, marketing tools, training DVDS, and hands-on projects that keep student motivated to learn about the different sciences and engineering. LASPE provides financial support to keep the programs operating. Jalal Torabzadeh, LASPE Chairperson, stated “… the idea of new Board members getting involved with this type of activities is great. There is a great need for education and mentoring of students at all levels to attract them to science and engineering.” LASPE continues to provide volunteers to help educate and inspire our youth. This year LASPE plans to support two schools in the Los Angeles basin by helping to set up new FSEA programs.

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LA SPE YP Social Networking Event

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LA SPE Young Professionals – Student Chapter Presentation

Young Professional’s Ambassador Lecture Program (ALP) at University of Southern California’s Petroleum Engineering Department

An Ambassador Lecture Program (ALP) was carried out by LASPE’s Young Professional. Three of its members had the privilege to speak at the USC’s SPE chapter meeting on February 19, 2009 from 6-7.30 pm at USC campus. There were about 20 students attended the program. Francois Florence and Max Oyola of OXY Long Beach presented “Drilling and Reservoir Management Challenges in an Active Waterflood Environment”. John Roby was also present to coordinate the program with students. The goal of this program was to give USC's engineering students a brief technical overview of the drilling and reservoir engineering work that are performed at THUMS. After a brief introduction about the history of the oil production in the Los Angeles Basin and how THUMS fits in this history, Max Oyola presented the role of the Drilling Engineer within the organization, its various technical aspects and the different challenges that he faces here at THUMS. Francois Florence then presented the students a brief overview on some aspects of the work of the Reservoir Engineer and some challenges faced in Reservoir Management in this very active waterflood environment. Both presenters thoroughly enjoyed this opportunity to present to the students of USC and look forward to watching their student chapter grow. Please feel free to contact us with any questions regarding this article. Francois Florence (Reservoir Engineer at OXY/THUMS) Max Oyola (Drilling Engineer at OXY/THUMS) Student’s say: Three speakers who visited us, each of whom has a different engineering background, were an extremely varied resource; aspects of reservoir, drilling, and production engineering were covered in the hour-long session, in which the drilling and reservoir management challenges working in Long Beach were discussed. Students were treated with a talk that was technical in nature while also easily understood and extremely entertaining. All in all, it was an immensely informative session, and a wonderful opportunity for SPE students to start bridging the gap between USC and the network of local companies. About 20 students attended the event and were offered a wide selection of Pizza and soft drinks. Christina Brock President - SPE Student Chapter at USC

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LASPE 2009 Crude Price Challenge

Optimist Alert! LASPE 2009 Crude Price Challenge

It has been a wild ride since last summer, but things are looking up in the Oil Patch lately. Stocks are being drawn down, so higher prices could be in the works. Michael Economidies is forecasting crude prices of $100 by the end of the year, so as dismal as things seem now, there is room for improvement. Forecast the June 1, 2009 price for Wilmington 17o Crude and win bragging rights, Gift Certificates and a useful and handsome trophy! Winners will be announced at the June 9th LASPE Forum.

~ Contest Rules ~ • Price basis is Union 76 Posting for Midway-Sunset 13o crude with a 4o price differential

available at http://wh.conocophillips.com/buy/postings/union76.asp • Enter by filling out the entry form available at the March and April Monthly Petroleum

Technology Forums or by emailing your forecast $/bo to Rick Finken at richard_finken@longbeach.gov

• One entry per person. • Entry deadline is 11:59PM Tuesday, April 14, 2009. • Winners will be announced at the June 9, 2009 Monthly Petroleum Technology Forum.

Winners need not be present, but: • The $25 1st Prize for the closest value doubles if present on June 9th and triples with your

receipt from the March 11th meeting. There will also be a 1st prize trophy. • $25 2nd Prize for next closest value

• There will be only one 1st and 2nd prize – earliest date or email timestamp wins in case of duplicate winners.

Wilmington 17 o Daily Crude Price Through 2-25-09

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USC Report

USC SPE Student General Report

The University of Southern California’s SPE Student Chapter is extremely unique; its members vary from undergraduate students to graduates, from petroleum engineers to industrial and systems engineers. Of these members, many students went to the Annual Technical Symposium and Conference (ATCE) held in Denver, Colorado. Representatives from the chapter gave presentations, participated in technical sessions, received awards and helped in presenting the USC Petroleum Engineering Program (PEP) on the exhibition floor. According to Idania Takimoto, the Petroleum Program Coordinator, “many visitors showed interest in the Department's degrees, and the DEN (Distance Education Network) program in particular, which enables students to enroll in Graduate coursework online,” Moreover, USC's student chapter Executive Board members attended the annual SPE International Officers Workshop and most of the Young Professionals dedicated programs. “The Officers Workshop allowed the E-Board to interact with, and gain useful insight from, many successful chapters from around the world” noted Christina Brock, the student chapter’s President. The chapters’ success in attracting distinguished and high achieving individuals started from the very first general meeting. The chapter was honored with the presence of Prof. Yannis Yortsos, Dean of the Viterbi School of Engineering, as their first guest speaker. Dean Yortsos shared his background, experiences, and insights on the energy challenges and the petroleum engineering profession. He started as a chemical engineer in Greece, but was attracted to the industry from a project he worked on at Caltech while pursing his graduate degrees. The presentation was a wonderful way to start the semester, for it provided an easily recognizable connection between the petroleum industry and the personal success, which can be achieved. The second meeting was a panel discussion, which included Prof. Iraj Ershaghi, head of the PEP, Prof. Kristian Jessen of PEP, and Prof. Travis Williams of the Chemistry Department. Prof. Ershaghi started by discussing professionalism in engineering. He suggested visiting SPE.ORG in order to gain insight on expectations for graduating engineers; he also highly encouraged participation in the student paper contests held annually, which is a wonderful way of proving one’s competence and representing one’s university. Prof. Williams followed by presenting the benefits of undergraduate research, describing a $5,000 grant that is available for young undergrads to write a research proposal. He stressed the importance of mastering communication skills and leadership skills through the vast opportunities available as a student. To conclude the session, Prof. Jessen gave an overview of some major ongoing research projects, and how these projects target young researches and encourage close contact with faculty and professionals. The last meeting of the fall term was commenced by a former SPE International President, 2006 SPE President Dr. Eve Sprunt of Chevron. She gave an informative talk about the breadth of career options available under the umbrella of the Oil & Gas industry. Using her personal career experience, which has included positions at many different companies and in numerous aspects of the industry, Dr. Sprunt further discussed transitions between upstream and downstream engineering jobs, management positions, business units, and international work opportunities.

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USC Report continues

USC Report continues…

To compliment the three general meetings, a field trip to explore a drilling rig was organized. Over 20 students participated in the trip to the THUMS islands in Long Beach; it was a hands-on way for students to connect theoretical knowledge learned in class with real world applications. For the spring semester, the chapter has planned many exciting meetings and field trips. Already, a meeting has been held; three members of Oxy Petroleum, each of whom represents a different branch of petroleum engineering, presented a technical talk about their respective expertise. In particular, the challenges that drilling, reservoir, and production engineers face while working in Long Beach were discussed. The E-Board is finalizing its plans for the rest of the semester; they hope to hold 2 more general meetings, including another technical presentation and a discussion of the opportunities for petroleum engineers in Law. Two field trips, one to Bakersfield and one to Santa Barbara, have been planned. Lastly, a social Beach Barbecue and Beach Cleaning event has been planned with two goals in mind: one, to facilitate networking, and two, to increase environmental awareness. Moreover, the chapter is in the process of finalizing their new website (http://www.uscspe.org), and will definitely play a key role in the coming SPE Western Regional Meeting planned to be held in 24-26 March 2009 in San Jose, California under the theme of “New Solutions for Maximizing Recovery and Value.”

Report by Karam S. Al Yateem USC Graduate Student

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OC Engineer Council Award Banquet

Orange County Engineering Council Award Banquet

Several LASPE members attended an Award Banquet hosted by Orange County Engineering Council (OCEC) on Friday, February 20, 2009 at the Center, Lakewood, CA. Jalal Torabzadeh, Sam Sarem, AB Gourashi, Salina Derichsweiler, and Candra Janova were among 150+ attendees of this event. Attendee registration started at 5.00 pm. Delicious dinner with a few meal selections was provided before the Honor Guards officially opened the program. Mr. Peter Buffa gave a talk as keynote speaker for about 30 minutes. As the Chairman of Orange County Transportation Authority, he presented many interesting facts about today’s transportation as well as future plan of ground mass transit particularly in Orange County, California. Awards presentation began promptly at 7.30 pm. The event recognized Outstanding Engineers, Scientists, Educators and Engineering Leaders in several categories. It was an honor for LASPE to have three of its members to receive the Young Engineer Award from the OCEC. AB Gourashi, Salina Derichsweiler, and Candra Janova were nominated by LASPE Board of Directors.

Images of the Young Engineer Award recipients from LASPE are below:

AB Gourashi received the Young Engineer Award

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OC Engineering Council Award Banquet - continues

OC Engineering Council Award Banquet continues…

Salina Derichsweiler of OXY was recognized by OCEC President

LASPE Board Member, Candra Janova, with current and past OCEC Presidents

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SPE Western Regional Meeting 2009

The Society of Petroleum Engineers invites you to San Jose, California, for the 2009 SPE

Western Regional Meeting, being held 24-26 March. This conference will offer technology and field experiences while the exhibition will feature vendors and exhibitors who specialize

in providing services tailored for this region's needs. Register by 9 March to save USD 100 on full registration! Program highlights include:

• Delivering Energy, Protecting the Environment, this plenary session will host a panel of experts discussing energy demand, Co2 emissions, and human resource requirements.

• Annual Regional Awards Luncheon, John McDonald, chief technology officer for Chevron, will deliver the keynote speech during this awards ceremony.

• Mature Fields in California: Opportunities and Challenges, a session discussing the future of California's oil industry, new production technologies, and investment opportunities, will be of interest to California's small and midsized producers.

View the technical program to see the full schedule and session descriptions. Don't forget to book your Hotel Accommodations, as the reservation deadline is 28 February. Evening tours are offered for an additional price, and tickets can be purchased at online registration or on-site. The following tours are offered:

• Geysers Geothermal Field and a Local Winery, Monday, 23 March • Nightly Dinner Cruise on San Francisco Bay, Wednesday, 25 March • Wente Vineyards, Thursday, 26 March

1-day and 2-day short courses will be offered pre-conference. Short course registration deadline is 9 March. For complete descriptions of courses and biographies of instructors, visit the conference website. Visit www.spe.org/events/wrm for more information.

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Optimize Travel Message

SPE Locating Meeting Sites for Easy Travel

Dear SPE member: In the current economic downturn, companies are tightening their travel budgets. The Society of Petroleum Engineers is responding by placing its technical conferences and workshops close to major petroleum operations to help reduce or eliminate travel costs. Now, more than ever, companies are seeking innovative ideas and technology that can reduce their operating costs and produce better results. SPE is a leading resource for technical knowledge that can enhance performance. Our conferences and workshops present both regional and global perspectives, offering the latest practical applications that you can take back to the office for immediate use. We intend to be there for you by offering events where you can continue to learn from experts and take advantage of networking opportunities that come from attending a conference. A complete listing of our global event schedule is available at www.spe.org/meetings. We are examining whether we can relocate some currently scheduled events to be more conveniently placed and will strive to place future events close to where you operate. Since the technical programs for SPE conferences and workshops are developed by volunteer members, it is essential that we be as efficient as possible in using these volunteer resources. In the coming months, we will be making greater use of technology in the development of these programs to make members' participation easier and to reduce the number of committee meetings that volunteers will be asked to attend. SPE also offers a wide range of technical resources online so that you can search our library of technical papers, join a technical interest group, find industry reference information, and read SPE publications. This letter is also being posted on the JPT Online President's Forum blog on SPE.org, where I welcome your comments and suggestions on how SPE can help meet your needs in tough times. Thank you for your support of SPE. Regards, Leo Roodhart 2009 SPE President

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SPE-PTTC West Coast March Workshop

PTTC West Coast March Workshops

Introduction to Petroleum Engineering Long Beach, March 17, 2009

The Grand, 4101 E. Willow Street, Long Beach, CA 562-426-0555 Bakersfield, March 18, 2009

Petroleum Club, 5060 California Ave, 2nd Floor, Bakersfield CA 661-324-6561

This half day intensive course discusses petroleum geology, exploration methods, reservoir rocks, reservoir fluids, reservoir rock and fluid systems, fluid flow in porous media, types of reservoirs, reserve estimation, primary, secondary, and tertiary recoveries.

7:30 am Registration

8:00 Introduction to Petroleum Engineering: Dr. Mason Medizade Introduction to Petroleum Geology Petroleum Explorations Reservoir Fluid Properties, Brine, Oil, and Gas Reservoir Rock Properties, Permeability, and Porosity Reservoir Rock and Fluid Properties, Fluid Saturations, Capillary Pressure, Relative Permeability Concept, and J Function Fluid Flow in Porous Media, Linear, Radial Flow, Compressible, and Incompressible Flow Oil and Gas Reservoir Classifications Primary, Secondary, and Tertiary Productions Oil and Gas Reserve Estimation Methods Definition of Enhanced Oil Recovery Methods, Water Injection, Gas Injection, Steam Injection, etc 12:00: Adjourn Lunch: Following the March 18th Bakersfield workshop will be the CCCOGP luncheon business meeting with Hal Bopp, State Oil and Gas Supervisor, as guest speaker. All in attendance are invited to stay and attend this meeting. Registration and Payment Registration fee of $95 includes workshop, materials, refreshments, and lunch. Registration at the door is $100 with check or cash only. Payment can be made by check, Visa or MasterCard only. To register: Mail this form to: PTTC West Coast, 5100 California Ave Suite 200, Bakersfield, CA 93309 Phone: PTTC West Coast at (661) 635-0559 Email your information to:pttcwestcoast@cccogp.org Workshop_______________Name___________________________ Company___________________ Phone__________________Fax________________________________Email___________________

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Services Offered

Reservoir Management

Drilling Programs Waterflood Optimization Tertiary Recovery / EOR

Economic Evaluation Acquisition and Divestitures

Scott W. McGurk Petroleum Engineering Consultant LA Basin SPE Jr. Past Chairman

714-403-9839 LOVESM @ IX.NETCOM.COM

Please notify SPE Headquarters directly with change of address: P.O. Box 833836, Richardson, TX 75083 Tel: (800) 456-6863 Fax: (972) 952-9435 or go to http://www.spe.org/mbrservices/index.cfm We appreciate your feedback. Send your comments/suggestions/contributions to Larry Gilpin, Editor: larry@4thforge.com If you no longer wish to receive this newsletter, please send an email to larry@4thforge.com

VISIT the LA SPE Web Site @ www.LASPE.org

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SPE Charity Golf Classic

May 15th, 2009 Los Serranos Country Club

15656 Yorba Ave. Chino Hills, CA 91709 2 Courses - 288 Players – Scramble format

The Banquet & Raffle Pre-Tournament BBQ and events at 10:30am Check-in at 11:00am, Shotgun Start at 1:00pm

The Company Cup Challenge!! Put your best Company Teams together and challenge the best of the rest

Tournament Sponsorship Opportunities Eagle $2300

Includes 3 Foursomes, Tee Sponsorships on each course, mulligans, 5 Raffle tickets per player, name on banner and ads.

Birdie $1600 Includes 2 Foursomes, Tee Sponsorships on one course, green sponsorship on the other, mulligans,

name on banner and ads. Par $1400

Includes 2 Foursomes, Tee Sponsorships on single course, mulligans, name on banner and ads. Tee Sponsors

$100 for one course or $150 for both courses Raffle

$5 per ticket or 5 for $20.00 (No Limit!!!) Company Cup Challenge

Entry Fee - $100 plus foursome fee. (3 of 4 golfers must be company employees. No PGA professionals)

To sign up, and pay by check, complete form, make the check payable to “L.A. Basin SPE”

And mail the check and completed form to:

L.A. Basin SPE Attn: Ben Morales

c/o Thums Long Beach Company P.O. Box 2900

Long Beach, CA 90801

To sign up using PayPal, fill out the form, check the box marked “Payment via PayPal, go to LASPE.org and pay through PayPal and send your completed form to the address above.

Questions? Contact Ben Morales @ (562) 624-3399 or Mike Filbey @ (562) 624-3526

Please list your foursome. Check which package you want:

Eagle ($2300) Birdie ($1600) Par ($1400)

Team Company Cup Challenge ($100) Foursome ($500 each)Mulligans and on-the-course contests included!

1st Foursome Foursome entered in Company Cup Challenge

1.__________________________________________________________

2.__________________________________________________________

3.__________________________________________________________

4.__________________________________________________________2nd Foursome Foursome entered in Company Cup Challenge

1.__________________________________________________________

2.__________________________________________________________

3.__________________________________________________________

4.__________________________________________________________3rd Foursome Foursome entered in Company Cup Challenge

1.__________________________________________________________

2.__________________________________________________________

3.__________________________________________________________

4.__________________________________________________________

Total Cost, Sponsor Package(s): $__________Total Cost for Foursome(s): No.:_____ x’s $500 each $__________

Single Price $150 (Subject to availability) $__________Team Company Cup Challenge Entry Fee ($100) $__________

Tee Sponsorships @ $100 for one course or $150 for both courses. No.: ______ Total Due: $__________

Charitable Monetary Contribution: $__________Raffle tickets: $5 each or 5 for @$20. No.____ Total Due: $__________

Dinner only: No.:_____ x’s $35 each : $__________Grand Total Due: $_________

Name of Company: __________________________________Address: ____________________________________________

____________________________________________Contact: ____________________________________________Email address: _______________________________________

Tournament Sponsor Packages

Please contact me. I would like to make prize(s) donations to the tournament.If you have any questions, call (562)624-3526 or (562)624-3399.

Please send completed form with check or sign up at LASPE.org and pay through PayPalAnd send completed form no later than Friday, May 1, 2009

No reservations without payment in full. Submit payment immediatelyand forward golfers names later if need be. FIRST COME, FIRST SERVED!

Attention Credit Card UsersPlease contact us in advance for information regarding the use of “PayPal”

Payment via PayPal. Send your completed form.

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C/O Thums Long Beach CompanyP.O. Box 2900Long Beach, CA 90801-2900

2009Society of Petroleum Engineers

Charity Golf ClassicMay 15th, 2009

Los Serranos Country ClubChino Hills, California

BBQ by WeatherfordGolf

Banquet & Raffle

2009 SPE GOLF TOURNAMENT COMMITTEETracie Breedlove WeatherfordJake Chapman WeatherfordSteve Cook, Baker Oil ToolsKen Cornelison, Tidelands Oil Production Co.Salina Denchsweiler, Thums Long Beach Co.Jackie Ehrman, ConsultantKen Farabaugh, Tidelands Oil Production Co.Rick Finken, Long Beach Gas & Oil/SPE, Board of DirectorsBen Morales, Thums Long Beach Co.John Olson, HalliburtonRudy Payan, Tidelands Oil Production Co.Chris Parmelee, Tidelands Oil Production Co.Juan Santillan, Tidelands Oil Production Co.Mark Shemaria, Tidelands Oil Production Co.Scott Walker, Tidelands Oil Production Co.Wes Wisdom, Consultant

A note from the ChairmanOh what a difference a year makes. When writing last years “Note from the

Chairman”, it was all about the need for us old oil industry veterans to train the youthful up-and-comers to take our place when retirement comes knocking, as well as fill the large engineering voids created by the increased activity throughout the industry. Oh how things have changed!

It started when a lightly regulated banking industry that would give home loans to anyone with a pulse that would claim they were employed, ended up owning not only a ton of bad paper, but the houses this paper was attached to. The stock market, home values and 401K’s plunged. We (and our children) will be bailing out these bankswith 700 billion of our tax dollars. Unemployment headed north. The auto industry brought out their tin cups to ask for charity while riding in their corporate jets. While all this was happening I thought the oil industry was immune and that $50 dollar oil would be the bottom. However, $140 dollars for a barrel of oil was not because of short supplies and large demands, it was “The Street” selling oil futures. Another paper house that was eventually rained upon.

Well, that being said, how about we all take a day to forget about all that depressing economic news and just play golf. In an effort to ease the finical burden the committee has cut the cost so you can continue to support this long standing industry tournament. After all, this is for SPE scholarship funds and other charitable organizations and is not for the Armani clad guys flying around in corporate jets holding tin cups.

Thanks for your support,Mike Filbey

2009 Tournament Chairman