2014 A&D Strategies Conference
See below for the 2014 conference and workshop agendas. To download a presentation, click the speaker’s name and enter the username and password you received via email following the event. Your log-in credentials are only applicable to this conference and may only be used by registered attendees.
September 3, 2014
Upstream A&D Today: The Current Market
Let's Make a Deal Lab, Part 1: Analyzing & Negotiating the Deal
Participants form teams and negotiate on a competitive deal in a simulated data room based on real packages.
Tips, Tricks and Traps on Dealmaking
Case Study: How One Company Identified, Valued, Negotiated and Won the Assets
Let's Make a Deal Lab, Part II: The Shark Tank
A panel of judges representing the Seller's management team engages buyers' groups to defend their bids.
Roundtable Discussion: Things They Don't Teach You in Business School
September 4, 2014
Opening Keynote: Gas, Naturally
Natural gas prices are up at the start of the year and inventories have dipped to lowest point since 2003, as a harsh winter batters the U.S. Demand will also come from LNG exports. Long the province of contrarians, natural gas assets are drawing interest. Is it finally time (or who has bought) natural gas assets and what does the future hold?
Panel: The A&D Outlook & The Shale Oil Glut
Is the shale A&D market slowing down? Even with oil and natural gas prices stable, too little money, too much opportunity is the story of the industry. Now the buzz is that shale is cooling off. Will 2014 be the year that makes 2013 look good? Also, how is oil being diverted from Cushing to the Gulf Coast impacting A&D?
Spotlight: De-Risking The Buyer/Seller Divide
Prying assets from landowners in the hottest plays really is still possible. But to bridge the gap between buyer and seller expectations can be expensive, time consuming or just more trouble than it's worth. As companies face frustrations from "proud sellers" executives are beginning to explore alternatives, including trades for attractive acreage elsewhere.
Spotlight: Play By Play – A Report Card For Acquisition Metrics Across The U.S.
A leading analyst dissects the health of the nation's resource plays. Which are growing, which are reaching maturity and where are the opportunities?
Roundtable Discussion: Show Me The Money
A number of E&P companies have taken to horse-trading assets as a way into shale plays rather than through outright acquisition. As foreign investment has slowed, who will pony up money for buyers: MLPs, private equity, Canada or all three?
Special Address: American Energy Partners' Acquisitions, Plans & Outlook
Having built Chesapeake Energy Corp. with $50,000 of start-up capital in 1989 into a $30-billion enterprise in 2013, Aubrey McClendon has already raised some $10 billion in equity and debt offerings toward his newest start-up. Here are his plans.
Spotlight: Evaluating Targets – A&D Planning For A PE-Backed Company
Acquiring assets shouldn't be a game of Monopoly, but it is highly dependent upon remaining opportunistic and agile in the market as well as knowing your core strengths. Mapping out an A&D strategy can help in the screening of potential purchases, knowing when to let go of an asset and tackling bolt-on deals.
Leading The Way In A&D
With the oil and gas industry in growth and flux, A&D is attracting a new generation of players ready to share their financial insights and influence the marketplace. Meet an emerging leader among the 40-and-under set.
After a busy day of participating in sessions and meeting new contacts, enjoy some complimentary refreshments in the exhibit hall.
Spotlight: Are IPOs Printing Money For Future Sellers?
The window remains wide open for IPOs as companies see better value in the public market than they can get for assets among private buyers. Since an IPO takes a presumably strong set of assets off the market, are companies starting to covet the leftovers?
Managing Other People's Money
An E&P's funds can come from lifelong friends, family or new investors in capital markets. Once operators make their way through the narrows of fundraising, its executives must balance the duties of investment manager and an operator. Management's choices for programs, acquisitions and broader strategy are tied both to the company and investors.
The role of A&D in the execution of QEP's corporate strategy is exemplified in the company's transformation from a predominantly natural gas producing and wholly owned E&P subsidiary of a Utah natural gas utility to an independent, pure-play, publicly traded upstream company, QEP Resources Inc. The company continues its transformation through the separation of its midstream business and re-balancing the hydrocarbon mix of its E&P asset portfolio.