Where are capital markets heading? How has investor sentiment toward oil and gas changed? Which types of deal terms are preferred? Have JVs preempted the need for other forms of capital?
These public and private financial providers and users of capital share their perspectives, outlooks and case histories, as we explore the best ways to source and invest capital today.
8:30 Welcome and Opening Remarks
Leslie Haines, Editor-in-chief, Oil and Gas Investor
8:35 Opening Keynote Address:
9:00 Panel: Seeking Clarity on Commodity Prices
At the end of the day, oil and gas prices drive the drilling pace, forge the economics of acquisitions and the demand for capital. But experts have divergent views on where natural gas prices will settle. Others say $95-oil is possible by year-end. Whatever the case, your bottom line is on the line. Hear from analysts on the oil and gas price outlook.
9:40 Speaker: Protecting the Bottom Line: Financial Market Reforms
Congress, the Fed and the Commodity Futures Trading Commission are grappling with reforms that could impact how producers manage risk. New rules for commercial banks’ lending capacity, and derivatives position limits, might be imposed. Transaction costs could rise. Here’s an update.
10:00 Refreshment Break
10:30 Panel: Private Capital Roundtable
Private capital providers remain focused on existing portfolio companies, but raising new capital and deploying it are not as easy as before. New E&Ps seeking capital still need guidance.
Moderator: William E. Weidner, Head, The Rodman Energy Group, a division of Rodman & Renshaw LLC
2 Case studies:
11:15 Roundtable: Commercial and investment banking update
These pros discuss registered direct offerings, how new SEC reserve rules affect lending, where A&D markets are headed, and whether the IPO window will be open in second-half 2010.
12:00 Networking Lunch
12:45 Oil and Gas Investor Excellence Awards Presentation
2010 Honorees To be Announced
1:30 Panel: Drilling Capital: So Much Shale, So Little Time
Maximizing the U.S. resource build-out will take thousands of wells and billions of dollars for companies to bring their NPV forward. Here, they share how they are funding activity. Are joint ventures pushing other capital aside?
2:15 Refreshment Break
2:50 Panel: Recaps/reorgs/restructuring: Tales from the Trenches
No one wants a replay of 2009. Here, people who went through the fire share lessons learned on how to get out of trouble and stay out of trouble, negotiate with debt holders and more.
3:45 Roundtable: Financial Legends and Leaders
These seasoned veterans offer their advice on obtaining capital, matching it to corporate assets and knowing when to say no.
4:30 Special Keynote Address on Leadership
Rudy Guiliani, Bracewell & Guiliani
5:00 Conference Networking Reception
