Bus. Devt: ConocoPhillips - Recognizing Value by Unleashing the Independent E&P

Speaker: Michael J. Gustafson
Speaker Michael J. Gustafson
Prior to joining ConocoPhillips in April 2011, Gustafson was a manager in E&P operations for BG Group’s Americas and Global LNG region. Between 2003 and 2011, he held various management positions with a focus on business development, commercial and strategic trading and risk management. This spanned across North and South ...

Prior to joining ConocoPhillips in April 2011, Gustafson was a manager in E&P operations for BG Group’s Americas and Global LNG region. Between 2003 and 2011, he held various management positions with a focus on business development, commercial and strategic trading and risk management. This spanned across North and South America, Europe, and Australia, involving unconventional, conventional and LNG growth through acquisitions and developments. Gustafson began his career with Mobil Oil Corporation in 1989. He held a series of roles in supply and trading involving upstream crude supply, storage, pipeline operations, and asset management. Gustafson serves as the president of the board of Volunteer Houston, a nonprofit clearinghouse for volunteers to nearly 800 nonprofit organizations in the Greater Houston area. He earned a bachelor’s in finance and economics from Baylor University and an MBA from George Washington University. 

Full Description

WEATHER UPDATE: This Meeting is currently planned to occur as scheduled. We will continue to monitor forecast updates and advise here if plans change.

Speakers: Michael J. Gustafson, VP Business Development, ConocoPhillips

Host: Miles Redfield - BMO Capital Markets

Join us at the Four Seasons Hotel as Michael Gustafson discusses how strategy is constantly evolving to ensure that the company, starting with its people, is positioned to achieve monsterous success. 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.

Every integrated major contains a sleek and nimble independent E&P ready to cast off its shackles and unleash the hidden value and growth that lurks underneath. The easy part is the dividing of the waters. The real work begins with managing the necessary change in culture without sacrificing core values such as safety. ConocoPhillips’s decision in 2012 to leave the supermajor structure behind has accomplished just that, setting the stage for it to fully exploit and take advantage of its well positioned portfolio – both foreign and domestic. Our speaker will discuss what ConocoPhillips has achieved in the last year as a result of this restructuring and what accomplishments we can expect in the future.

How have its strategies differed?  What operational changes have occurred? How has this helped it unleash its human capital? What are the measurable value impacts realized to date? Will portfolio adjustments be part of the strategy – both divestments and additions? How does ConocoPhillips plan to allocate its efforts between its conventional and unconventional assets? What are its plans to exploit and expand its lower 48 oil-rich assets? 

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.

Forgot to Register? Walk-Up Attendees welcome!

 

When?

Wed, Jan. 29, 2014
5 p.m. - 7 p.m. America/Chicago

How Much?

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Where?

Four Seasons Hotel
1300 Lamar
Houston, Texas 77010
USA

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