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.
Environmental Protection Agency: Wastewater Wells Likely Linked To Texas Earthquakes Federal regulators have concluded that recent earthquakes in North Texas are likely linked to wastewater disposal wells used by the oil and gas industry, echoing findings from researchers at Texas universities. Environmental Protection Agency (EPA) officials made the comment in a letter to the Texas Railroad Commission, which regulates the oil industry in the top crude-producing state.Quakes have been tied to the injection of saltwater, a normal byproduct of oil and gas drilling, into deep disposal wells and underground caverns.The Railroad Commission, which was not immediately available for comment, has in the past questioned the causal link found in university studies. But Texas has moved to install more earthquake monitoring stations.
PDC Energy Enters Delaware Basin For $1.5 Billion PDC Energy Inc. (NASDAQ: PDCE) said Aug. 23 it's entering the Delaware Basin in one of the largest transactions so far this year in the Permian, which has been a hub for A&D activity.The Denver-based company said it entered definitive agreements to acquire two privately held companies managed by Kimmeridge Energy Management Co. for about $1.5 billion in cash and stock, subject to due diligence and certain customary closing conditions.The deal, which adds a third core operating area to PDC's portfolio, consists of about 57,000 net acres in Reeves and Culberson counties in West Texas and about 7,000 barrels of oil equivalent per day of current net production.