29 October 2010

Pan American Energy proceeds to World Final 2010


Our team is formed of five people from Pan American Energy’s (PAE) Cerro Dragon asset (located in Patagonia, Argentina):
Ricardo Mazzola, Engineering Manager
Alejandro Raslawski, Region I Operations Manager
Diego Querol, Planning & Economics Senior Leader
Federico Caldora, Business Unit General Manager (Team Leader)
Rafael Villarreal, Region II Operations Manager


After two really challenging rounds, we are very glad to be part of the BTS World Final 2010. But it is not over yet, we still have one step forward to meet our objective… and it seems to be the hardest one.

In the first two rounds we spent a lot of time before taking the first decision to fully understand the business case, market forecasts and company profile (strengths and weaknesses). Based on this deep understanding of the big picture, we defined our long term strategy for each case. Once the first decision was made, our main virtue was a good balance between strategy alignment and flexibility to adapt to changes in the environment in order to capture new opportunities and minimize the impact of market downsizes and reactions from competitors.

PAE is an upstream oil & gas company, so pricing decisions were a new experience for us. We also learned a lot from each other during the tournament because of our different backgrounds (operations, engineering and financial planning), which were put together towards the same objective.

Definitely, the Tournament was an exciting experience and a very interesting way to learn and practice some key business concepts.