March 11, 2009


Description

Join the Business Development Study Group at the Four Seasons Hotel as we hear from three distinguished speakers on how capital markets are expected to influence A&D activity in 2009 – from the view of both Private Equity backed companies and providers.

The popular format of a Business & Social Networking ¾ hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 6:00 pm in the Mezzanine. [Note the new time for this event]
 
What’s in store for the 2009 A&D market? Are there capital armories of dry powder in storage just waiting for the right deals and assets to come to the table? Or is there only enough available for  subsistence hunting until 2010? Will reserve redeterminations by senior lenders prompt some E&P’s to sell assets. Will cash flow needs flood the market with assets as the year wears on? What are the tell-tale signs we should look for?

Featured Speakers

Speaker Timothy S. Duncan, Senior VP – Business Development, Phoenix Exploration Company LP, Charles Yates
Timothy S. Duncan is currently Senior Vice President of Business Development and an original founder of Phoenix Exploration Company LP, where he is responsible for all of Phoenix’ business development evaluations and negotiations.  Prior to Phoenix, he was Manager of Reservoir Engineering and Evaluations for Gryphon Exploration Company.  Tim also …

Timothy S. Duncan is currently Senior Vice President of Business Development and an original founder of Phoenix Exploration Company LP, where he is responsible for all of Phoenix’ business development evaluations and negotiations.  Prior to Phoenix, he was Manager of Reservoir Engineering and Evaluations for Gryphon Exploration Company.  Tim also worked in various reservoir engineering functions for Amerada Hess Corporation, Zilkha Energy Company and Pennzoil E&P Company.  Tim has a BS in Petroleum Engineering from Mississippi State University and an MBA from the Bauer Executive Program at the University of Houston.  He is an active member of the Society of Petroleum Engineers, IPAA and Houston Producers Forum.  Tim also serves on two Advisory Boards at the University of Houston - in the Petroleum Engineering and the Global Energy Management programs.  
 

 

Charles Yates is a senior managing director for Kayne Anderson Capital Advisors. He is responsible for the origination and execution of private equity transactions in the energy industry.  Prior to joining Kayne Anderson in 2001, Mr. Yates was a senior vice president at Stephens Inc., an integrated merchant and investment bank.  Mr. Yates earned a B.A. in Political Science in 1991 and an M.B.A. in Finance in 1994 from Rice University.

 

 

Stephen Kennedy is Senior Vice President and Manager of Amegy Bank’s Energy Group.  Mr. Kennedy has 23 years of energy banking experience, beginning with MBank (Dallas) in 1986 and continuing in 1992 with Wells Fargo (Dallas).  He joined Amegy Bank (Houston) in 1997 to form its Energy Group and subsequently formed its Energy Derivative Group in 2005. Since its formation in 1997, Amegy’s Energy Group has made and currently maintains over $3 billion in energy loan commitments to nearly three-hundred E&P, Midstream and Oilfield Service companies.   The twenty-seven member Energy Group maintains offices in Houston, Dallas and Denver.   Prior to beginning his career in energy banking, Mr. Kennedy worked in the field operations of an independent oilfield service company and was Managing Partner of Kennedy & Bachelor Oil Company, a third-generation family-owned business.  He graduated from Texas A & M University in 1984 with a Bachelor of Science in petroleum engineering and earned a Masters in Business Administration from Baylor University in 1986.  He is a member of the IPAA, TIPRO, Houston Producers Forum, SPE and is a former Director of the Petroleum Club of Houston.   He has authored several articles on energy matters, including one regarding energy derivatives published in the October 2005 edition of “Oil & Gas Financial Journal”.  




Full Description



Organizer

James Webb


Date and Time

Wed, March 11, 2009

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

Event has ended

Location

FOUR SEASONS HOTEL, 2nd Floor Mezzanine and Meeting Rooms - Hors D’Oeuvres Provided, Cash Bar

1300 Lamar St., Between Caroline & Austin
Houston, Texas 77010
USA