Energy Capital Conference
April 17-18, 2017
Austin, Texas
Omni Barton Creek
Register Hosted By
Unconventional Oil & Gas CenterOil and Gas Investor
Featured Sponsors
EnCap InvestmentsNetherland, Sewell & Associates (NSAI)DrillingInfoEDFCohn ReznickHolland ServicesStratas Advisors
Lime Rock PartnersRaymond JamesLantana Energy AdvisorsPrudential Capital GroupLeggette, Brashears & Graham

Executives Pack the 9th Annual Energy Capital Conference

This March, 300+ attendees converged in Austin, Texas for Oil and Gas Investor's 9th annual Energy Capital Conference. Executives from E&P companies, financial institutions and private equity firms spent two days networking, strategizing and hearing from some of the industry's top experts.

Themed "The Push and Pull of Money," the conference featured over a dozen c-suite executive speakers and industry leaders who have successfully led and advised companies through past downturns. Attendees had the opportunity to explore opportunities for accessing capital, balance sheet management strategies, restructuring options, M&A activity and more.

Preceding the event, attendees engaged in small group discussions during a golf tournament on the Fazio Foothills Course. Following the tournament, attendees and speakers gathered for an welcome dinner featuring entertainment by longtime CBS commentator, former PGA Tour golfer and bestselling author, Gary McCord.

Oil and Gas Investor's Annual Excellence Awards were also handed out at the conference. Winners included:

  • Executive of the Year: Harold Hamm, Chairman and CEO, Continental Resources Inc.
  • M&A Deal of the Year: WPX Energy
  • Financing of the Year: Blue Whale Energy North America

 

The conference may be over, but the conversation isn't. Find out what other attendees and speakers are saying about the Energy Capital Conference on Storify. We would love to hear about your experience too! Here's what we've heard so far about the state of the industry – find out if you agree – Part One & Part Two.

Be sure to save the date for the 10th annual Energy Capital Conference, April 17-18, 2017 in Austin, TX.

News

Baker Hughes Makes Organizational, Leadership Changes
Baker Hughes Inc. (NYSE: BHI) announced changes to its organizational structure and senior leadership team on May 25. The changes follow the company’s May 2 announcement of its plans to simplify its business structure in order to reduce costs and to enhance its commercial strategy.This followed the May 1 announcement that BHI had agreed to break off a merger agreement with Halliburton Co. (NYSE: HAL).With the most recent announcement, BHI said it is consolidating its previous regional operations structure into one global organization with “responsibility for driving outstanding operational performance, exceptional service and sales execution, as well as delivering strong operating profits.”

Lime Rock Resources IV Fund Closes At $754 Million
Private-equity firm Lime Rock made the final close on Lime Rock Resources IV, which will acquire, improve and operate U.S. producing oil and natural gas properties, with $754 million in commitments. This is the fourth Lime Rock Resources fund, the company said May 25.Fundraising for Fund IV began in November 2015; the first close was in February.Lime Rock Resources III, the previous fund, had its final close in October 2013 on $750 million in commitments. Private-equity firm Lime Rock made the final close on Lime Rock Resources IV, which will acquire, improve and operate U.S. producing oil and natural gas properties, with $754 million in commitments. This is the fourth Lime Rock Resources fund, the company said May 25.Fundraising for Fund IV began in November 2015; the first close was in February. Lime Rock Resources III, the previous fund, had its final close in October 2013 on $750 million in commitments.   Since inception in 2005, the Lime Rock Resources funds have made 23 major acquisitions in domestic basins, primarily in Texas, Oklahoma, New Mexico and North Dakota. Charlie Adcock, co-CEO, said that since that time, the firm has received more than $2.3 billion in capital commitments.  Morgan, Lewis & Bockius LLP was the fund counsel for Fund IV. Lime Rock Resources is based in Houston.