8th Annual Energy Capital Conference Draws Record Crowd
This April, a record-breaking 343 attendees converged in Austin, Texas for Oil and Gas Investor's 8th annual Energy Capital Conference. The event's new venue, the Omni Barton Creek, proved to be the perfect location for executives from E&P companies, financial institutions and private equity firms to escape the distractions of the office and spend two days networking and strategizing.
Themed "Redefining Your Strategy – a New Plan for 2015," the conference speaker lineup featured over a dozen executives and industry leaders who have led and advised companies through multiple business cycles. Attendees had the opportunity to explore profitable business strategies designed for today's market and discussed new ways to strategically access and deploy capital.
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 the Industry Dinner featuring entertainment by David Feherty of CBS Sports and the Golf Channel and Oil and Gas Investor's Executive of the Year Award Presentation to Chuck Davidson, Noble Energy Executive Chairman. All Excellence Award recipients include:
Executive of the Year: Chuck Davidson, Executive Chairman, Noble Energy
Best Discovery: Continental Resources' Springer Shale in Oklahoma
M&A Deal of the Year: Whiting Petroleum Corp. & Kodiak Oil & Gas
Financing of the Year: Eclipse Resources financed by EnCap Investments and led by KeyBanc Capital Markets
Best Field Rejuvenation: Shell's Mars B Field in the Gulf of Mexico
Corporate Citizen of the Year: ConocoPhillips
The conference may be over, but the conversation continues on Twitter. Find out what other attendees and speakers are saying about the 8th annual Energy Capital Conference by following us @HartEnergyConf using #EnergyCapConf or check out our Storify page. We would love to hear about your experience too!
Stay tuned for dates and more information about 2016 Energy Capital Conference!
Founder, Managing Partner and Co-President, Denham Capital
Managing Director for Acquisitions & Divestitures, Wells Fargo Securities
Managing Director, Alvarez & Marsal North America LLC
Managing Partner, EnCap Investments L.P.
Managing Director, Credit Suisse
Managing Director & Head of Energy Corporate Banking, J.P. Morgan
Mark J. Warner
Senior Managing Director, The University of Texas Investment Management Company
James K. Wicklund
Managing Director, Credit Suisse LLC
Principal The Carlyle Group
Writer and Broadcaster, Golf Channel
Director, Integrated Oil & Gas Research, Stratas Advisors
Kenneth A. Hersh
Co-Founder and CEO NGP Energy Capital Management
Chris B. Miller
Managing Director and Co-Head of North American Energy, Citigroup Inc.
Teachers’ Pension Risks $2.65 Billion On Cenovus Oil, Gas Interests In a show of confidence for returns on oil and gas, the Ontario Teachers’ Pension Plan has agreed to buy millions of royalty and mineral interests for gross proceeds of US$2.65 billion (C$3.3 billion).
Oil company Cenovus Energy Inc. (CVE), a spinoff of Encana Corp. (ECA), said June 30 it will sell subsidiary Heritage Royalty Limited Partnership’s 4.8 million gross acres of royalty interest and mineral fee title lands in Alberta, Saskatchewan and Manitoba.
Heritage owns one of the largest packages of fee titles in Canada, though oil and natural gas prices have suffered during the downturn.
Royalty property cash flows are linked to the price of oil and natural gas. The Teachers' Pension said its investment portfolio helps to diversify benefits and a hedge against unexpected inflation.