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 conferencefeatured over a dozen c-suite executivespeakersand 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 &
Be sure to save the date for the 10th annual Energy Capital Conference, April 17-18, 2017 in Austin, TX.
Managing Partner, EnCap Investments L.P.
Oklahoma Plays ‘Transformative’ For Marathon The unconventional Midcontinent plays of Oklahoma offer an excellent combination of attractive geology, strong regulatory and community support, and good infrastructure, according to the executive who manages one of the Sooner State’s biggest oil and gas producers.Wade Hutchings, regional vice president of Midcontinent assets for Marathon Oil Corp. (NYSE: MRO), told attendees at Hart Energy’s fourth annual DUG Midcontinent conference that the state “is a top priority for Marathon” and added the firm is increasing its Oklahoma-focused capex due to continuing success in the Stack and Scoop plays.“This is an exciting and transformative time for Marathon in Oklahoma,” Hutchings said in his Oct. 27 opening keynote address. He noted Marathon has been drilling and producing wells in Oklahoma for more than a century “and we expect to be here for a long time to come.”
Energy Transfer Plays Defense With PennTex Deal Energy Transfer Partners LP (NYSE: ETP) continues to make connections in Louisiana with its agreement to purchase interests in PennTex Midstream Partners LP (NASDAQ: PTXP) and its general partner.Since September, Range Resources Corp. (NYSE: RRC) has upended the table in North Louisiana When it bought Memorial Resource Development Corp.’s Terryville Complex assets for $4.2 billion.Energy Transfer’s $640 million deal is a move to head off the potential loss of Memorial Resource’s business in the next few years.