Description
Join the Business Development Study Group at the Four Seasons Hotel for our first meeting of the new year. Quantum’s Wil VanLoh, Jr. will share his insights on the financial vehicles companies have been utilizing to facilitate the capital intensive needs to fuel the growth of shales and other unconventional plays in North America. 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 5:00 pm in the Mezzanine.
Capital needs encompass a wide spectrum of items. These include land positions, drilling and stimulating wells, separation and compression facilities, and midstream access and assets. Infrastructure needs may range from roads, to electric power lines, to housing facilities for personnel. Vertical integration may offer long term savings but add additional upfront cash burdens. Mr. VanLoh will discuss a variety of financial tools that have been utilized by industry to fund companies involved in these heavily front loaded endeavors. What are the pros and cons of each method? What are the selection criteria/methodologies to choose the best option for a given position? Should one financial instrument be used? Or several? How vulnerable are each to the impact of potential changes in US tax law? What are the unique challenges impacting small, mid, and large cap companies? Are the answers different for public vs private enterprises? Do company structures play a role? How dependent is a solution to product diversity?
