2016 A&D Strategies and Opportunities Conference and Workshop
Draws Near-Record Crowd
This September, 500+ BD Execs, A&D Pros and Industry Analysts converged in Dallas, for Oil and Gas Investor's 15th annual A&D Strategies and Opportunities Conference and Workshop. Executives spent two days networking, strategizing, making deals and hearing from some of the industry's top experts. Themed "Deal making in a challenging environment," the conference featured over a dozen c-suite executive speakers and industry leaders who know how to successfully navigate deals.
Preceding the event, attendees packed the ever-popular A&D—The Workshop and the Shark Tank. This uniquely interactive pre-conference workshop gave upstream business development newcomers, veterans and financial partners hands-on experience applying successful A&D tactics.
The conference and workshop may be over, but the conversation isn't. Find out what other attendees and speakers are saying about the event on Twitter using #ADConf. And be sure to save the date for the 16th annual A&D Strategies and Opportunities Conference and Workshop, September 6-7, 2017 in Dallas.
Vice Chairman Citigroup
John B. Walker
CEO EnerVest Ltd.
Managing Director Jefferies LLC
Managing Director and Head of US Business Scotiabank
CEO Titanium Exploration Partners
President Halcon Resources Corp.
METECH Panel: Technological Gains Could Negatively Impact Oil Prices During the last 18 months, the economic climate and oil prices have been the primary focus for much of the industry, but technology has gained prominence.Oil and gas companies in the Middle East are urged to accelerate their R&D efforts to tackle challenges facing the industry. With most of the easy oil already discovered, making it harder to find and produce hydrocarbons, the industry needs to boost investments in R&D.Producing future barrels will require tackling complex issues that are technological, environmental and economic. This requires developing new technologies and better EOR methods for carbonate reservoirs, aiming to increase the recovery factor to at least 70%. Increasing EOR rate is a key objective for oil and gas companies’ R&D centers, but the goal could be hampered if oil prices slump.
Husky Energy: Asset Sales Aid Quarterly Profit Husky Energy Inc. reported a net profit of C$186 million on Feb. 24, helped by a gain on asset sales and the reversal of a C$202 million (US$154 million) impairment charge.Excluding the one-time items, the Canadian oil producer posted a loss of C$6 million, which was smaller than expected, helped by lower production costs and higher margins in its refining operations."Strong upstream production and U.S. downstream performance has delivered increased funds," CEO Rob Peabody said on an earnings call. "We are continuing to lower our cost structure and expand our margins."