FOR IMMEDIATE RELEASE

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

Plan Ahead: Second Half 2007 Training

PRINCETON, NJ - April, 2007: The Oxford Princeton Programme, the world's leading provider of training solutions to the energy, commodities and derivatives industries, has 22 training days slated in Houston for the remainder of 2007 as it looks to address professionals' most immediate commercial mid-to-downstream training requirements.

"We are constantly evaluating our mix of courses in response to market forces and client feedback," says Jobert Abueva, Global Marketing Manger. "This is especially the case for America's energy epicenter."

All courses are facilitated by renowned experts who bring a wealth of knowledge into each seminar which includes a mix of lectures and simulation exercises. A certificate is awarded upon successful completion of each course. All courses are to be held in convenient venues.

• Options I - Fundamentals of Energy Options (FOEO), 23 July 2007, 3 October 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. Delegates 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. Delegates are awarded 8 CPE Credits.

• Options II - Options Pricing and Applications (OPA), 24 July 2007
  Options are an integral part of energy hedging and speculating. Once you've mastered the basics through our Options I - Fundamentals of Energy Options course, delegates are encouraged to take the next level in this series. Learn how to take advantage of fast-changing markets and get the most out of your option positions! Delegates are awarded 8 CPE Credits.

• Options III - Option Strategies (OS), 25 July 2007
  As one of the most powerful tools available to hedgers, options are also the most difficult to master. Understand these fascinating instruments at an advanced level with this daylong course. Delegates learn complex combinations of calls and puts in order to hedge specific risks and take advantage of market expectations. Delegates are awarded 8 CPE Credits.

• Overview of Physical Crude Oil Trading and Operations (CT), 18-19 September 2007
  This workshop offers delegates an in-depth introduction on how the physical crude oil trading market works. Besides invaluable exposure to terminology, each delegate will experience all the steps in typical domestic and foreign crude oil transactions. The linkage between new well production, marketing, transportation and storage, and refining to physical trading (both speculatively and as a hedge vehicle) will be explored. Delegates are awarded 16 CPE credits for this course.

• Fundamentals of Petroleum Refining - A Non-Technical Introduction (FPR), 20-21 September 2007
  This two-day workshop introduces the fundamentals of petroleum refining and was designed to introduce non-technical oil industry members to the fascinating field of petroleum refining. It will delve into Refinery operations and how they affect global oil and product prices. Delegates are awarded 16 CPE credits for this course.

• Fundamentals of Technical Analysis (TA), 27-28 September 2007
  Understanding and using technical analysis is important to hedgers as well as speculators. This workshop will take the mystery out of common technical indicators. Participants will learn what they are and how the experts use them. A trading simulation involves decisions based on technical indicators. Delegates are awarded 16 CPE credits.

• Fundamentals of Energy Futures (FOEF), 2 October 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. Delegates 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. Delegates are awarded 8 CPE Credits

• Energy Risk Management (ERM), 4-5 October 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. Delegates are awarded 16 CPE credits

• Front to Back Office: Trading Controls and Best Practices (FTBO), 6 November 2007
  International and domestic commodity professionals can advance their knowledge and skill set with this one-day workshop that covers proven controls used in commodity trading activities. Delegates immediately apply these trading techniques through hands-on case studies. Recent trading "failures" are also analyzed. Delegates are awarded 8 CPE Credits.

• Value-at-Risk: The Basics and Beyond (VAR), 7 November 2007
  Understanding Value-at-Risk is essential for measuring and controlling market risk. Suitable for traders, support staff, risk managers, and senior management, this one-day workshop analyzes the best ways to maximize profitability and minimize costly mistakes; an asset to all professionals who understand its use. Delegates are awarded 8 CPE Credits

• The Synergies of Refining, Trading and Supply (TRR), 4-7 December 2007
  This advanced course is designed to provide delegates a thorough understanding of the latest business techniques and refining technologies available to the oil supply, trading and refining industries. The four day workshop will highlight the activities of these sectors and explain how to maximise overall profitability. Through a variety of case studies, delegates will learn the principles of refinery planning and economics along with basic principles and techniques involved in trading and supply. This advanced course is recommended for delegates with a working knowledge of the subjects covered in that course. Delegates are awarded 8 CPE Credits.

• Principles of International Oil Trading (TR0), 10-12 December 2007
  This course spans from the basic principles of international oil trading to a discussion on the allied fields of supply, transportation and refining. Using case studies to analyze commercial driving forces, delegates will address day-to-day concerns. Crude valuation, ocean tanker transport and freight are explored together with a basic overview of terminals and pipelines. Additionally, during the week, delegates are given the opportunity to trade in the current market via a simulation of live trading. Delegates are awarded 8 CPE Credits.

Log onto www.oxfordprinceton.com for complete course outlines as well as a global course listing. For all inquires on these courses or The Oxford Princeton Programme's wide array of training options, please contact Liz Esten at (609) 524-1159 or via email lesten@oxfordprinceton.com.