Energy Capital Conference
April 17-18, 2017
Austin, Texas
Omni Barton Creek
Register Featured Sponsors
Stratas AdvisorsEnCap InvestmentsNetherland, Sewell & Associates (NSAI)Merrill Coproration
RS EnergyLantana Energy AdvisorsRS Energy
Hosted By
Unconventional Oil & Gas CenterOil and Gas Investor

2009 Energy Capital Conference

See below for the 2009 conference agenda. To download a presentation, click the speaker's name and enter the username and password you received via email following the event. Your log-in credentials are only applicable to this conference and may only be used by registered attendees.

2009 Forum

The following speakers participated in roundtable discussions that did not include PPT presentations:

  • Mit Mehta, Managing Director, CCMP Capital Advisors LLC
  • Doug Swanson, Managing Director, EnCap Investments LP
  • John Moon, Managing Director, Morgan Stanley
  • Albert L. Reese, CFO and Treasurer, ATP Oil & Gas Corporation
  • Michael J. Rosinski, EVP, CFO and Treasurer, Rosetta Resources, Inc.

2009 Presentations:

The 7 Deadly Variables for Energy

Roundtable Discussion: The Abundant Till: Private Capital For Energy
With banks and investment banks seeking a new equilibrium, 2009 is the year for private capital to shine. But will their LPs be able to meet capital calls? These private-equity fund managers describe their investment parameters and outlook for the year.

  • Mit Mehta, Managing Director, CCMP Capital Advisors LLC
  • Doug Swanson, Managing Director, EnCap Investments LP
  • John Moon, Managing Director, Morgan Stanley

Panel: Investment Banking: It’s A Whole New Ballgame
Investment banking has taken a big hit, throwing companies that need fresh capital into a dilemma. But many deals are getting done. What are the new terms in this landscape? What are some unique tools and techniques these bankers have constructed for their clients to prosper in a downturn?

  • Capital Markets are Open for Energy
    Steve Landry, Head of Corporate Finance, Pritchard Capital Partners
  • A Game Plan for Energy
    Stephen Straty, Co-head Energy Investment Banking Group, Jefferies & Co.
  • High-Yield Takes the Field
    James McBride, EVP and Managing Director-Energy Banking, Capital One
  • Navigating Our Capital Markets in the Downturn
    Justin Pettit, Vice President, Booz & Company

Panel: Hot/Cold: Institutions’ View Of E&P Opportunities
Institutions jumped into commodity investing when oil prices zoomed in first-half 2008. Then, underlying fundamentals—and returns—changed. What do they think of alternative investment classes such as energy today? And, how is the alternative-energy subclass competing for a larger share of the energy-capital pie?

Afternoon Keynote:

  • Christopher Cox, Former Chairman, Securities and Exchange Commission

Panel: Reserve-Based Capital: Commercial and Mezz Money
Commercial and mezzanine capital can double the acquisition and organic-growth firepower. Here are examples of how successful energy executives have further stretched their private- or public-equity powder with secured capital.

  • Bank Lending Decks: The Forward Trend Post-Redeterminations
    Jon Goddard, Vice President & Director, Investment Banking, Tristone Capital
  • Access to Commercial Debt, Then and Now
    Jeff Forbis, Sr. Vice President of Energy Lending, Sterling Bank
  • Mezzanine Money's Role In Current E&P Capitalization
    M. Lynn Bass, Partner and Co-founder, GasRock Capital

Panel: Arrows In The Quiver: Financial Creativity
Wall Street may be recovering slowly, so how do E&P executives take aim at new dollars? As always, the industry has found new ways to make a deal.

  • JVs As An Alternative For Drilling Capital
    Marcus Rowland, EVP and CFO, Chesapeake Energy Corporation
  • PIPEs
    Keith Behrens, Managing Director, Stephens Inc.
  • The Successful Financial Workout: A Case Study
    Matt Vaughn, Partner, Porter & Hedges LLP
  • Private Drilling and Production Funds for E&P
    Mark Plummer, President, Chestnut Petroleum Inc.

Roundtable Discussion: Capital Users’ Stories From The Capital Trenches
These public- and private-company E&P executives describe their experience with capitalization for existing asset development and for acquisitions during the past year, their outlook for second-half 2009, and financial tools they’ve accessed to improve their overall fiscal profile.

  • Albert L. Reese, CFO and Treasurer, ATP Oil & Gas Corporation
  • Michael J. Rosinski, EVP, CFO and Treasurer, Rosetta Resources, Inc.

2009 Financial Forum

Morning Keynote:
"Merge Ahead: Mastering the Five Enduring Trends of Artful M&A"

The New Finance Department
Matters of IT have increasingly fallen to the CFO. Director & Officer liability insurance has become very expensive, and private companies are faced with their own insurance concerns. M&A involves hedging more and more often. Each of these issues is discussed here.

  • New Tools and Best Practices in Liability and Other Insurance
    John Ludwig, Chief Executive Officer, EnRisk Energy Services Inc.
  • The New Best Practices in Hedging, including in M&A
    Gil Burciaga, Chairman, Asset Risk Management LLC
  • Financial CSI: Forensics 101 for Exposing Misappropriations of Funds
    Scott Bayley, Founder, Accumyn Consulting

IFRS/IAS, Tax Law, Compensation Plans, Credit Quality
How do IRFS and IAS affect financial reporting going forward? Is SOX still overdone? What will come from the new Congress? Why has one producer invited shareholders to vote on management compensation? And, how to get those Moody’s and S&P credit ratings up? The answers will be provided here.

  • IFRS and IAS: How These Affect Financial Reporting
    John Mackel, Partner, Weaver and Tidwell LLC
  • Communicating with Partners: Best Practices
    Brad Nickle, Vice President, The Strickland Group
  • Current Investor-Relations Best Practices
    Kevin Langdon, Director of Market Intelligence, IPREO

Gazing Into Wall Street's Crystal Ball

E&P Enterprise Valuation Under New Reserve-Reporting Rules
The new SEC reserve-reporting rules for U.S.-listed oil and gas producers are here and greatly affect reporting of probable and possible reserves. What types of public E&P companies are most advantaged by the new valuation dynamics? What are the going-forward reserve-analysis concerns created by new SEC-defined identification of these reserve categories? Do these new rules make U.S. producers more competitive in merging with non-U.S. firms by better streamlining how the assets of each are pre-evaluated?

  • Ron Gajdica, Managing Director, Scotia Waterous
  • Carter Henson, Senior Vice President, Netherland, Sewell & Associates, Inc.
  • Geoff Roberts, P.E. Sr. Vice President-Negotiated Transactions, The Oil & Gas Asset Clearinghouse

The Capital-Raise: Choosing the Right Money
A reduced amount of capital is available to energy companies today. Here’s a discussion of what types of money is appropriate for each task, and their price.

  • PE Availability in the Current Market
    Blake Webster, Vice President, Quantum Energy Partners
  • Current Pricing of Mezzanine Capital
    Kelly Plato, Sr. Vice President and Managing Director, NGP Energy Capital Partners
  • Best Practices in the Current Capital Markets: A Case Study
    Bill Weidner, Managing Director, The Rodman Energy Group

2009 E&P Startup Workshop

The following speakers participated in roundtable discussions that did not include PPT presentations.

  • Clint Wetmore, Post Oak Energy Capital
  • Doug Krenek, Chalker Energy Partners III
  • David Marcell, Managing Director, AIM Energy Advisors LLC
  • Marcus Rowland, EVP and CFO, Chesapeake Energy Corp.
  • Shane Bayless, CFO, NFR Energy LLC

PE For E&P Start-Up Capital: Current Funding Capacities
During the past few years, strong investor interest in energy has heavily loaded PE funds, thus creating initial capitalization opportunities for more good start-up teams and models than the few that passed the tests in past downturns. While the current commodity-price down-cycle is constraining new PE fund-raising, great amounts of capital from existing PE funds remain ready to deploy. Here’s a review of the baseline parameters of PE investments today.

  • David Bole, Managing Director, Quantum Energy Partners

Balancing the Capital Structure: Current Debt Markets
You've found the acquisitions that are right for your new shop. Now, leverage the purchase with debt-but from whom, and at what price? These commercial and mezzanine-debt experts describe current deal terms.

  • Dan Steele, Senior Vice President - Energy Lending, Bank of Texas
  • Clint Wetmore, Post Oak Energy Capital
  • Robert Chambers, Chambers Energy Capital

Current Asset-Acquisition Metrics For The Start-Up E&P
The platform assets—proved, producing, with a good splash of PDNPs and PUDs—are traditional for PE-funded E&Ps. Here’s a summary of the current market for these assets—and the price.

  • Ward Polzin, Managing Director-Investment Banking, Tudor, Pickering, Holt & Co. LLC

Finding Deals: Shaking Platform Assets Free
While properties are coming onto the market now after a few quarters of buyer/seller valuation gridlock, well-cashed asset-hunters will dominate for the creme de la creme. Here are tips on how strong PE-funded start-up E&Ps can compete.

Roundtable Discussion

  • Doug Krenek, Chalker Energy Partners III
  • David Marcell, Managing Director, AIM Energy Advisors LLC

What’s Your Business Plan?
Oil-focused? Gas-focused? Onshore? Offshore? U.S.? Canadian? Non-North American? The business plan will probably need a dozen or more improvements before it will sell. Here’s a review of PE’s view.

Right Team, Right Time: Essential Start-Up Talent
Expertise in engineering, geology, finance, land and business development, and operations will be needed. Here, down-cycle start-up E&P veterans describe putting together the talent to turn an incredible commodity-price buying opportunity into a significant profit-making opportunity. And, how much capital each team member will need to put up.

Current Issues in the CFO Suite
Securing private equity is a significant part of the financing equation. Deal making is usually leveraged with debt capital, including bank credit facilities, and partners need surety bonds and other security. And, more issues fall the the senior financial officer, including price-risk management, physical insurance, IT and HR. Here are the latest best practices.

Roundtable Discussion

  • Marcus Rowland, EVP and CFO, Chesapeake Energy Corp.
  • Shane Bayless, CFO, NFR Energy LLC

Navigating the Unpredictable Seas of the Energy Industry 2009 - Zig, Zag or Stay the Course?
A roundtable discussion on evolving business plans or belief and patience in the stagnant A&D market and whipsaw price regime. What have these seasoned veterans done to find a way to make money in the face of the adversity and uncertainty of a very tough business environment?

Roundtable Discussion