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OilFinancier is not a computer game!

You probably have not noticed much fantastic animation graphics during your investigation of this business simulation. We would probably agree with you that oil gushers, flying barrels, galloping dollar signs, rising derricks, bouncing pumpjacks, and bobbing heads making big deals would enhance the marketability of this simulation.

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But this simulation is not going to develop fantastic animation for two reasons. First, animations are expensive. Second, fantastic animation is totally unnecessary for the learning objectives of this simulation. You are here to learn and experience, not play.

Your learning objective should be to build financial spreadsheets to determine value for the oil properties being auctioned—and then see how your spreadsheet works.

This simulation is about grinding out the numbers to determine value for all these fictitious oil wells put on the auction block. If your spreadsheets are built wisely, you will eventually find success in OilFinancier. If you approach OilFinancier the same way you approach a computer game, you will likely not find much success. Even OilFinancier's six AIs could be smarter than you.

Slow Pace

OilFinancier will move much slower than a computer game. We believe that most financiers will have more important obligations such as studying or working. We don't want to turn our learners into OilFinancier addicts and keep them from these duties. Hence, an OilFinancier seminar moves at a slow pace, much like building a career or petroleum company.

Most OilFinancier seminars will auction off one well per calendar day. Since seven days transpire between the announcement of the auction and the announcement of successful bid, a financier can allocate about one hour once a week to bid on all these wells at one time. When he is done placing his bids, plus taking a quick look at his producing wells and making some adjustments, he need only come back a week later to make some more bids. In this way, a financier can keep up with the seminar without it interfering with work or studies.

But the spreadsheets need to be built first!

Life Breaks

We know that life often has interesting journeys for us and priorities need to be temporarily changed. We expect that you will have increased family, work, and community obligations from time to time. And then when you need to get away from it all, there is your vacation!

So take an OilFinancier break when you need to. Your oil wells will continue pumping oil to pay off your loans or build your cash reserves. When you come back, you should be in a better financial position to aggressively buy more oil wells.

If you do take a break, we recommend that you come back once a month for a quick look. You can quickly suspend, reactivate, abandon, or sell some wells based on changing conditions since your last visit. If you don't do this monthly check, your ranking in the stock charts will be unnecessarily reduced.


We could offer financiers some strategy tips to do well in a seminar. But we're not going to. You will have to figure out your own way to earn a top spot in OilFinancier. And this is what learning by simulation is all about.

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Remember there is no one right way to succeed in OilFinancier. There is no university professor to mark your exam and tell you how smart you really are in petroleum economics. It is only your OilFinancier share price that shows the world how well you apply petroleum economics to solve a long term challenge.

Anyone aspiring to be an executive in a major petroleum company or starting up his or her own petroleum company should consider an OilFinancier seminar a necessary part of building his or her career. Watching how money accumulates to be reinvested will provide you with some great insights.

And quite frankly, we believe that all young petroleum professions should show their bosses that they understand petroleum economics by demonstrate their ability in OilFinancier, where the money is not real. If the young professionals can't beat the six AIs, they probably shouldn't be given much responsibility with decisions that involve a lot of money.

© 2014 Dave Volek. All Rights Reserved.