Business Development: Marcellus Rex – the New King of Shales?

Speaker Marshall D. (Mark) Smith, Chief Financial Officer, Ultra Petroleum; C.H. (Scott) Rees III, Chairman
  Marshall D. (Mark) Smith Mr. Smith joined Ultra Petroleum as CFO in July 2005. He has over 25 years of progressive experience in a multitude of disciplines within the energy industry including operations, strategic planning, corporate finance and business development. Early in his career, Mr. Smith was a practicing ...

 

Marshall D. (Mark) Smith


Mr. Smith joined Ultra Petroleum as CFO in July 2005. He has over 25 years of progressive experience in a multitude of disciplines within the energy industry including operations, strategic planning, corporate finance and business development. Early in his career, Mr. Smith was a practicing Petroleum Engineer for both major independent oil companies and later focused his career on mergers, acquisitions and corporate finance advisory assignments in the energy sector. Mr. Smith holds a B.S. in Petroleum Engineering from the University of Oklahoma where he was a School of Petroleum and Geological Engineering Distinguished Scholar, and an MBA with highest honors from Oklahoma City University. He is a member of the Society of Petroleum Engineers, served as past Chairman and is a current member of the Executive Committee of the Advisory Board of the University of Oklahoma Mewbourne School of Petroleum and Geological Engineering. Mr. Smith has also served on the Executive Committee of the Board of Visitors for the University of Oklahoma College of Engineering.
 

 


C.H. (Scott) Rees III


 Scott has been with Netherland, Sewell & Associates, Inc. (NSAI) since 1988 and has over 25 years of oil and gas experience. He was promoted to President and COO of the firm in 2002 and was made Chairman and CEO in 2008.  Prior to NSAI, Scott was a Supervising Reservoir Engineer with Exxon Company, U.S.A., where he worked primarily in the onshore and offshore Texas Gulf Coast region. Since joining NSAI he has been involved in hundreds of projects both domestically and around the world, including Russia, Latin America, Mexico, North Sea, Australia, and West Africa. Scott’s extensive experience has given him an invaluable understanding of the important relationship that exists between the reserves evaluation consultant and the petroleum and financial industries. His areas of specific expertise include coalbed methane property evaluations, probabilistic analysis, gas deliverability analysis, and application/interpretation of industry reserves definitions and guidelines.



Full Description

Join the Business Development Study Group at the Four Seasons Hotel as we hear from two distinguished speakers on recent activity and future direction of the Marcellus Shale. 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 6:00 pm in the Mezzanine.


With a prime location for Northeast markets, largely pro-development government support, shovel ready technology, shallow depth, moderate development costs, and an aerial extent (WVa to NY) that dwarfs the Barnett, who could avoid crowning Marcellus as Rex? Yet issues abound that may keep Camelot at bay. An overstretched and undermanned regulatory system, infrastructure challenges – from roads to gathering systems to gas plants, taxation uncertainty, heated debate over both water sources and water disposal, constrained leasing of state forest lands, pending legal issues before the Pennsylvania Supreme Court, and an outright ban in NY pending the release of new regulations. Please join us as our distinguished speakers update us on both the promise and the problems of Marcellus.

Organizer James Webb

When?

Wed, Nov. 18, 2009
6 p.m. - 8 p.m. US/Central

How Much?

A $5 donation for the SPE-GCS Scholarship Fund has automatically been added to the registration fee. Use OptOut in the Discount Code field if you do not wish to donate at this time.
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Where?

FOUR SEASONS HOTEL, 2nd Floor Mezzanine and Meeting Rooms - Hors D'oeuvres Provided, Cash Bar
1300 Lamar St., Between Caroline & Austin
Houston, Texas 77010

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