Bus Dev: Building a Liquids Rich GOM Shelf Portfolio

Speaker Mac Jensen, Sr. VP. BD, EPL Oil & Gas, Inc.; Glynn Roberts, Pres., Northstar Offshore Group, LLC
W. Mac Jensen was appointed Sr. VP, Business Development in May 2011, having nearly 30 years of energy-focused experience. Prior to EPL, he was President of Jensen Energy Advisors LLC providing acquisition and capital advisory services to oil & gas companies, including EPL since June 2010. A significant part of his ...

W. Mac Jensen was appointed Sr. VP, Business Development in May 2011, having nearly 30 years of energy-focused experience. Prior to EPL, he was President of Jensen Energy Advisors LLC providing acquisition and capital advisory services to oil & gas companies, including EPL since June 2010. A significant part of his career included executing public offerings and mergers & acquisitions at investment banks, notably Johnson Rice & Company, RBC Capital Markets and CIBC World Markets. In 2002, he joined Capital C Energy  as a principal, and initiated and completed the acquisition of Belden & Blake Corporation where he had previously served as Senior Vice President. Mr. Jensen holds an MBA from the University of Kansas and a BS degree in Accounting from the University of Tulsa.


S. Glynn Roberts lead the formation of Northstar Offshore Group, LLC (Northstar) in February 2012 with an equity contribution from Natural Gas Partners X.  In October, 2012, Northstar announced the completion of two shallow water Gulf of Mexico acquisitions totaling $160 million. In 2006, he had started Northstar GOM, which later sold in 2008 for $265 million to Dynamic Offshore, and followed with Northstar Offshore Energy Partners, which sold to Ankor Energy in 2011 for $201 million. To date, the group's operations have encompassed a total of 124 blocks, 65 producing fields, 19 operated fields, and 245 producing wells.


Mr. Roberts joined the oil and gas business in 1979 as a landman and worked continuously at various land-related functions until forming Northstar Interests, L.C. in 1994, which he lead until founding Northstar GOM in 2006.  He received a BBA in marketing from the University of Texas - Tyler in 1977, and in 1991 earned an MBA, with honors, from the University of Houston.

Full Description

Join us at the Four Seasons Hotel as Mac Jensen of EPL and Glynn Roberts of NorthStar Offshore will update us on significant recent transactions and Company highlights focused in the Gulf of Mexico. BMO Financial Group, one of our corporate SPE Scholarship donors for 2012-2013, will lead off the discussion with a brief outline of their recent activities. 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.

The Gulf of Mexico shelf has offered abundant oil and gas E&P opportunities since the late 1940’s, as companies have successfully navigated the twin technical challenges of mastering complex subsurface geology, while managing the catastrophic risk of severe hurricanes. A not-uncommon view today is that the GOM Shelf has now been “fished out” by abundant 3D’s and too-many-to-count wellbores. Profitability and high returns are reserved to deepwater areas, or at depths and pressures that stretch the drilling engineers’ expertise.  Potentially refuting that view, EPL’s Mac Jensen and NorthStar’s Glynn Roberts will update us on recent successes acquiring older, mature Shelf assets, and reinvigorating them by attending to details of reservoir engineering, geology, drilling and operations. Our speakers will also share insights on what they see as their companies’ path forward as shelf opportunities abound for those willing to roll up their sleeves and optimize.

We welcome you to join us for this informative discussion, as well as the fellowship and networking of the popular Social Hour at 5:00 pm.

When?

Wed, Feb. 20, 2013
5 p.m. - 7 p.m. America/Chicago

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
1300 Lamar
Houston, Texas 77010
USA

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