FOR IMMEDIATE RELEASE

CONTACT: Elizabeth Esten
lesten@oxfordprinceton.com
The Oxford Princeton Programme
116 Village Blvd.
Suite 230
Princeton, NJ 08540
609.524.1159

Coming to Sydney!

PRINCETON, NJ - April, 2007: The Oxford Princeton Programme, Inc., the world's leading provider of training solutions to the energy, commodities and derivatives industries, announces a series of course offerings coming to Sydney, Australia this winter. They are designed for professionals involved in the trading of energy futures and options in and out of the Australian market.

"As Australia's energy sector undergoes unprecedented growth within a complex and competitive global marketplace, high-caliber specialized training is proving even more critical," says Jobert Abueva, Global Marketing Manager. "The Oxford Princeton Programme realizes this need and is committed to supporting its professionals."

• Fundamentals of Energy Futures (FOEF), 17 July 2007
  This course allows for an in-depth training day covering the world of futures and all its nuances with the busy professional in mind. Participants become instant traders via a fast-paced trading simulation and delve into futures contracts and markets for various energy commodities including oil, gas and electricity. A single course often attracts individuals from a varied skill set. Delegates have included trade support staff, traders, and senior management. Expert instructors introduce the basics for first timers and help to sharpen the delegates understanding of futures terminology and trading. Specific topics addressed include: the development and characteristics of futures contracts, where and how energy futures contracts are traded, delivery of futures contracts, long vs. short positions, how to mark-to-market (realized vs. unrealized profits and losses),players in the futures markets (hedgers, speculators and locals), intermonth, intercommodity and intermarket spreads, measuring the market with volume and open interest, the importance of liquidity, the roles of the clearinghouse, the use and purpose of initial and variation margins, other delivery options: ADPs and EFPs, the problems of basis risk, types of orders: stop, limit, and market.

• Options I - Fundamentals of Energy Options (FOEO), 18 July 2007
  Although the introductory futures and options courses are stand-alone offerings, after "Fundamentals of Energy Futures" participants may seek further enrichment and this course fits the bill, perfect for any professional with a desire to sharpen skills on futures terminology and trading. Topics include premium valuation and advanced trading strategies on exchange traded options, specifically those related to energy commodities. Similar to "Fundamentals of Energy Futures" (held the day prior), past delegates have included trade support staff, traders, and senior management. Course specifics include: characteristics and profit and loss profiles of calls and puts, the 'anatomy' of an option, being an option 'holder' vs. being an option 'writer', exercise and assignment, the different styles of options - American and European, calculating intrinsic and extrinsic value, discuss the variables affecting the Black-Scholes options pricing model, the importance of volatility - both historical and implied, using bear and bull fences, the behavioral characteristics of premiums, the 'Wasting Asset Theory,' the meaning of delta, gamma, vega and theta, included in the manual and covered if time permits, characteristics of straddles with profit and loss profiles.

• Energy Risk Management (ERM), 19-20 July 2007
  Limitation of price risk exposure is a difficult concept. Imagine if one is able to maximize hedging efficiencies and limit price risk. In this two-day workshop, delegates create a portfolio of industry techniques and apply them to four unique case studies developed by leading risk managers. This programme covers various energy commodities, including oil and gas and also provides an in-depth understanding of hedging. Energy Risk Management is perfect for those who are already familiar with futures and options but want a more in-depth understanding of hedging and the tools available. Specific topics addressed include the following: the qualification and quantification of risk, how to identify, measure, and control basis risk, how to hedge with exchange traded futures contracts, cross hedging with futures, how to hedge with exchange traded options on futures, how to choose between futures and options, characteristics of swaps, calculating CFDs, hedging with swaps, controlling basis risk with swaps, the characteristics of OTC options, hedging with OTC options.

For all inquires on these or The Oxford Princeton Programme's wide array of training options, please contact Liz Esten at 1 (609) 524-1159 or via email lesten@oxfordprinceton.com.

Log onto www.oxfordprinceton.com for a full 2007 course listing.

For a complete list of courses and for other information, visit www.oxfordprinceton.com.