March 27, 2008


Description

  What Steps Can I Take to Evaluate the Strange New World of E&P Start-Ups?

Know your environment……………

The last four years have given birth to a large number of new E&P startups with higher commodity prices, availability of capital, and growing oil and gas demand driving the process. The changing environment created an increase in perceived risk of production-based acquisitions shifting equity capital investments to focused, drilling opportunities where technology advances can differentiate the E&P entrepreneur. Successful entrepreneurs now find niches within the exploration/exploitation A&D market through applying combinations of leading-edge seismic technologies, drilling and completion methods, and lower-cost but highly effective stimulation methods. For the entrepreneur willing to take a risk many opportunities exist.

Know the hurdles……..

What are the barriers to entry? What are the skills and characteristics that strongly contribute to creating a successful business? What are the steps and challenges in initiating, growing, and capitalizing an E&P start-up? 

Know yourself…….

Do you have what it takes to initiate your own E&P start-up or join a start-up?

What drives me?

Where is my comfort zone?



Featured Speakers

Speaker Myra A Dria
President & CEO Opal Resources LLC Myra Dria received her doctorate in petroleum engineering from the University of Texas and has nearly 30 years of oil and gas experience in North and South America.   Prior to forming Opal Resources she managed BP’s assets in Southeast New Mexico, was operations and …

President & CEO
Opal Resources LLC


Myra Dria received her doctorate in petroleum engineering from the University of Texas and has nearly 30 years of oil and gas experience in North and South America.   Prior to forming Opal Resources she managed BP’s assets in Southeast New Mexico, was operations and drilling manager for BP’s Midcontinent BU, and was Technology Director for Reservoir and Production Management in Amoco’s E&P Technology Group. She also initiated integrated-studies consulting divisions at Western Atlas and Schlumberger.

Opal Resources LLC was formed in July 2007 by Myra Dria, who serves as the company’s chief executive officer, and Rick Lester, the chief financial officer. Opal Resources is a private oil and gas company headquartered in Houston, backed by an affiliate of Goldman, Sachs, & Co. The company is focused on the acquisition, development and exploration of oil and gas reserves primarily located in the onshore basins of Texas, New Mexico, Oklahoma, and Louisiana. Opal Resources applies its experience and innovative techniques to create value through the identification, acquisition, and exploitation of new oil and natural gas opportunities.



Full Description



Organizer

Michael Sternesky


Date and Time

Thu, March 27, 2008

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

Location

The Courtyard @ St. James

1885 St. James Place
Houston, Texas 77056
USA