2015 A&D Strategies and Opportunities Conference & Workshop
See below for the 2015 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 9, 2015
Upstream A&D Today: The Current Market
Get this expert's take on the ins and outs of the A&D space. What have we seen so far this year, and what is the outlook for the remainder of 2015?
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.
If You Start It Up: Creating A Company On the Downturn
If building an E&P seems ill-timed in a sub-$50 oil market, Rockcliff Energy would beg to differ. In January, the company began targeting multiple plays and secured $700 million in equity backing. In a wobbly market, how does Rockcliff map out a game plan or make its first move?
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.
Let's Make A Deal Lab, Part III: Bid Discussion & Results
May the best offer win! The seller's Shark Tank panel reveals the winning bid, why it was chosen, and why the others were not.
Moderator: Kevin Townsend, Vice President, Business Development, The Oil & Gas Asset Clearinghouse LLC – No Presentation
Roundtable: Shark on Shark
Have a bone to pick with the results? Witness the debate, drama and even a drop of theatrical blood in the water as Sharks panelists of yore evaluate the work of their chums.
September 10, 2015
Opening Keynote: The High Ground
With $5.7 billion in liquidity, Noble Energy could have let it ride in rocky 2015, relying on cores in the D-J Basin, Marcellus and its international holdings. Instead, Noble bid a 28% premium for the high ground of Texas: the Eagle Ford and Permian.
Panel: Cash, Check or Shares?
Today, stock purchases carry a sting of dilution. Vanguard Natural Resources plans to buy out LRR Energy by swapping MLP units. Royal Dutch Shell's $70 billion BG Group acquisition used stock worth nearly one-fifth of the company. What's best for public buyers and private sellers? What are alternatives?
Spotlight: Focus On Capital Efficiency
After its 2011 IPO, Sanchez Energy accessed capital markets through varied offerings including equity and high-yield debt for transformative growth from ~600 boe/d to current production of ~54,000 boe/d. Capital efficiency remains at the forefront, especially after acquiring more than 100,000 acres from Shell last year.
Panel: The Guns Of Equity
In a matter of weeks, E&Ps raised $8 billion, a lifeline that staved off divestitures. Equity is also pumping up big MLPs such as LinnCo, which has $1 billion in firepower from Quantum Energy Partners. What's a company to do with so much cheap money?
Spotlight: Play By Play – Acquisition Metrics Across The U.S.
A noted executive dissects the health of the nation's resource plays. Which are growing, which are reaching maturity and where are the opportunities?
Deal Spotlight: Planting the Conventional Flag
Larry E. Lee is a founder of Ram Energy Resources, which later became Halcón Resources Corp. In April, Lee structured a deal that could give him control of MLP New Source Energy Partners. He recently acquired more than $100 million of conventional, low-decline assets primarily in the Permian and Ark-La-Tex regions.
Days of Future Passed
In July, Ronnie Irani, RKI Exploration's founder, president and CEO, strode out of the Permian Basin like a time traveler from the past. After proving up 102 MMboe on 92,000 net acres in the play's core, RKI inked a deal with WPX Energy to sell for $2.75 billion. Explore, develop, produce, deal – just like the not-so-old days.
Panel: Good Deal Hunting
A study earlier this year suggested a huge inventory of assets was in play – with 340 potential deals worth over $300 billion. After the ride down with oil in 2015, is it time to shoot for deals or wait for steals?
Roundtable Discussion: Big Deal Or Big Money?
Would-be buyers with cash – EOG, Oxy, Anadarko, Apache, Hess – are ready for the right opportunities. On the heels of the Noble Energy-Rosetta deal, are buyers waiting for small, noncore or distressed assets? Or will they take the plunge on something larger?
A Fireside Chat with Scott W. Smith
Since its 2007 IPO, Vanguard has grown through dozens of transactions. At the helm since its inception, Smith has more than 25 years of BD experience and can talk asset deals, complex mergers, integration and strategy. What can make a good acquisition today a great one tomorrow? Hear how he evaluates oil vs gas, deal timing, cash vs credit, and when to pull the trigger on a half billion-dollar company takeover.