There are two sides to every deal – and Oil and Gas Investor's 15th annual A&D Strategies and Opportunities Conference and Workshop explores how to successfully navigate both. As oil prices stabilize, buyers actively search for deals to strengthen their portfolios. And following the spring bank redeterminations, many companies need to sell assets to stay in the game. Experts predict the next big wave of A&D and M&A deals is on the horizon. But the all-important question remains, "What’s the right price?"
Join 500+ BD executives, A&D professionals and industry analysts in Dallas this September for two days of networking, deal making and targeted conference sessions. Secure your seat now before the most anticipated oil and gas business development event of the year sells out!
A&D–The Workshop and Shark Tank Wednesday, September 7
The day before the conference, roll up your sleeves and get into the action at A&D–The Workshop and the Shark Tank! This uniquely interactive pre-conference workshop gives upstream business development newcomers, veterans and financial partners hands-on experience applying successful A&D tactics. Get a first-hand look at the nuances of deal making (including types of transactions, seller expectations and negotiating tactics). Plus, hear directly from top industry professionals throughout the workshop.
Managing Director and Head of US Business Scotiabank
CEO Titanium Exploration Partners
President Halcón Resources Corp.
CWEI Will Sell $150 Million Of Common Stock Clayton Williams Energy Inc.Â (CWEI) will sell about 5 million common shares to funds managed by Ares Management LP for $150 million in cash proceeds, or about $29.70 per share.Proceeds from this sale will provide additional liquidity for potential debt reduction transactions related to the 2019 senior notes, and for development drilling on its 65,000 net acre position in the southern Delaware Basinâ€™s core, CWEI said.In connection with the transaction, lenders under the Â term loan credit facility waived certain restrictions to enable the company to use proceeds from equity issuances and specified asset sales for debt reduction and capex.
Highlands Enters Farm-in To Drill Niobrara Wells Highlands Natural Resources entered into a farm-in agreement in Colorado with Renegade Oil & Gas Co. LLC Â to drill up to six horizontal wells in acreage prospective for the Niobrara Shale, the company said July 25.Highland will pay $500,000 to Renegade in the transaction, consisting of an initial payment of $250,000 for the right to drill the first two wells and a second payment of $250,000 for the following four wells, which will be paid when drilling on the third well begins.Highlands is not obliged to drill any well until it has secured third-party financing.