Course Overview

Day-by-Day Outline

Day 1 – Licensing Round Concepts & Objectives

• - Overview of licensing systems and global examples
• - Defining goals: maximizing investment, data acquisition, knowledge transfer
• - Selecting licensing round formats (open door, competitive)
• - Exercise: Define objectives for a hypothetical licensing round

Day 2 – Block Design & Offering Strategies

• - Criteria for defining block size, shape, and location
• - Technical, fiscal, and environmental considerations in block offering
• - Balancing investor attractiveness with national objectives
• - Workshop: Design exploration blocks for an offshore licensing round

Day 3 – Preparing Bid Packages & Data Rooms

• - Creating technical data packages for investors
• - Best practices in data room organization and management
• - Confidentiality agreements and data access protocols
• - Exercise: Draft a data package checklist for a licensing round

Day 4 – Bid Criteria & Evaluation Planning

• - Developing technical and commercial bid evaluation criteria
• - Scoring mechanisms and transparency considerations
• - Planning evaluation committees and processes
• - Workshop: Create a bid evaluation matrix for a licensing round

Day 5 – Implementation & Case Studies

• - Scheduling licensing rounds and managing timelines
• - Promoting licensing rounds internationally
• - Case studies of successful and unsuccessful licensing rounds
• - Capstone Exercise: Develop a full licensing round plan with key documents

Expected Learning Outcomes

•  Design licensing rounds aligned with national exploration strategies
•  Define exploration blocks strategically for investor engagement
•  Prepare effective technical data packages and data rooms
•  Establish bid criteria and transparent evaluation processes
•  Plan and execute licensing rounds that attract quality investments