Nov. 14, 2007


Description

MLP’s, defined and enabled under U.S. Tax law revisions in the early 1980’s, didn’t meet overwhelming success in Upstream in the first two decades. However, seeing noteworthy results of MLP’s in Midstream, and similar Canadian Royalty Trust models, Business Developers and Executives are looking favorably on Upstream MLP’s as a business structure in the “high commodity price environment” of the post-2000 era.

BDSG welcomes our “Thanksgiving Edition” speakers, featuring executives from two prominent Upstream Master Limited Partnerships, and the CEO/Co-President of one of the premier Energy M&A&D, Investment Banking and Advisory firms.

The popular format of a Business & Social Networking hour, with complimentary Hors D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 5:30 pm in the Mezzanine. Please enjoy this evening with BDSG colleagues!

MASTER LIMITED PARTNERSHIPS:
 
   How might they be “Right” for your company?
 
   What is the Upside?
 
   What are the pitfalls and how do you avoid them?
 
   How do you set up an MLP?

Key points will include:

·         MLP Transaction highlights & trends To-Date

·         Current & Prospective MLP Deals in the Market

·         How does an MLP integrate with your current business?

·         What Legal & Tax issues/benefits are inherent with MLP’s?

·         How do you finance your MLP?

·         What Assets belong in your MLP? Which do not?

·         How does an MLP “Take care of business,” operations & administration duties?

For more information, and to "Meet the Committee", SPE-GCS Website at: http://www.spegcs.org/en/studygroups/display.asp?sgid=2
 
SCHOLARSHIP SPONSOR - PLS Inc. - Petroleum Listing Service
 
For information:   www.plsx.com
 
Thank you for your GREAT SUPPORT!
 
Interested in sponsoring the January Meeting? Call Matt Lake, 713-759-2572, Merrill Lynch
 
2007 - 2008 Business Development Study Group Meetings:
 
January 16, 2008
March 19, 2008
May 21, 2008
 

Featured Speakers

Speaker: STEVE PRUETT - President & CFO, Legacy Reserves LP
Speaker STEVE PRUETT - President & CFO, Legacy Reserves LP
CLAIRE FARLEY - Co-President, Jefferies Randall & Dewey ANGELA A. MINAS - Chief Financial Officer, Constellation Energy Partners LLC     Steven H. Pruett is President, Chief Financial Officer and Secretary of Legacy general partner, having served as President and CFO since Legacy’s founding in October 2005. Previously, Mr. Pruett was ...

CLAIRE FARLEY - Co-President, Jefferies Randall & Dewey
ANGELA A. MINAS - Chief Financial Officer, Constellation Energy Partners LLC

  

 Steven H. Pruett is President, Chief Financial Officer and Secretary of Legacy general partner, having served as President and CFO since Legacy’s founding in October 2005. Previously, Mr. Pruett was a Managing Director at Quantum Energy Partners, a private equity group focused in the energy industry, since January, 2005. As President of PSI Management LLC, his focus was investing in oil and natural gas projects in the Permian Basin. Mr. Pruett was President of Petroleum Place and its subsidiary, P2 Energy Solutions, an A&D advisor and software systems developer serving over 100 public oil and natural gas companies from 2002 to 2004. During 2001-02, Mr. Pruett was President and CEO of First Permian until its sale to Energen. From April 2000 to May 2001, Mr. Pruett served as a Vice President of Enron North America Corp during 2000-01, where he managed 12 active oil and natural gas joint ventures and served as chairman of CGAS, an Appalachian oil & gas company. Mr. Pruett was President and CEO of First Reserve Oil & Gas Co. from 1995 to 2000, a Permian Basin and Oklahoma oil and natural gas property acquisition and exploitation company. Mr. Pruett has a Bachelor of Science in Petroleum Engineering, with high honors, from the University of Texas and a Masters of Business Administration from Harvard Business School where he was a Baker Scholar. Mr. Pruett has 23 years of experience in the oil & natural gas industry with 18 years of experience in the Permian Basin.

 

 

 

Claire Farley is Co-President at Jefferies Randall & Dewey, the Oil & Gas Investment Banking Group of Jefferies. Ms. Farley works in the Houston office and provides leadership for all of the firm’s product offerings. Ms. Farley has extensive industry contacts and expertise in oil and gas exploration, operations, business development and marketing. She has led several landmark transactions, including the sale of EnCana’s deepwater assets and Spinnaker’s merger with Hydro. Ms. Farley joined Jefferies Randall & Dewey in 2002 as Chief Executive Officer and built upon the firm’s leading A&D business to build a full service global energy investment banking practice. Prior to joining, she was CEO at the start-up firms Trade-Ranger and Intelligent Diagnostics. Previously, Ms. Farley worked at Texaco for 19 years. While at Texaco, she had been President of Worldwide Exploration & New Ventures, President of the North America Production Division and CEO of HydroTexaco in Copenhagen. Ms. Farley is a member of the National Petroleum Council. She received a BS from Emory University.



  


Angela A. Minas has been Chief Financial Officer of Constellation Energy Partners LLC and Managing Director of Constellation Energy Commodities Group, Inc. since September 2006. Prior to joining Constellation, Ms. Minas served in a variety of positions with Science Applications International Corporate (SAIC), including Chief Operating Officer for Commercial Business Services and Senior Vice President responsible for Global Consulting. Prior to joining SAIC, Ms. Minas served as a Partner of Arthur Andersen LLP and as Managing Partner for Anderson’s North American Oil & Gas Consulting business. Ms. Minas also spent several years with the Sterling Group, focused on leveraged buyouts, mergers and acquisitions in the energy industry. Ms. Minas has over 20 years of experience providing services to oil and gas management teams in the areas of mergers and acquisitions, financial services, benchmarking and performance management, organizational and operational improvement, and infrastructure optimization. She also has extensive experience in building and managing emerging businesses. Ms. Minas holds a Bachelor of Arts degree in Managerial Studies and a Master of Business Administration degree with a concentration in finance and accounting from Rice University. 



Full Description



Organizer

James (Tony) Webb


Date and Time

Wed, Nov. 14, 2007

5:30 p.m. - 7:30 p.m.
(GMT-0500) US/Central

Event has ended

If you do not have a full-time job in the oil and gas industry, are a full-time student or Member in Transition (MiT) member, and you do not see a discounted registration fee for students/MiT regarding this event, please contact the GCS manager at spe-gcs@spe.org.


Location

FOUR SEASONS HOTEL BALLROOM, 3rd Floor - Hors D'Oeuvres Provided, Cash Bar

1300 Lamar St.
Houston, Texas 77010
USA