General Mtg: The Emergence of Saudi America - A Five-Year Global Energy Outlook

Speaker: Michael Kelly, VP & Senior E&P Analyst for Global Hunter Securities LLC
Speaker Michael Kelly, VP & Senior E&P Analyst for Global Hunter Securities LLC
  Michael (Mike) Kelly is vice president and senior E&P analyst for Global Hunter Securities LLC. Mr. Kelley covers 26 independent E&P companies, ranging from Permian Basin-focused Clayton Williams Energy Inc. and Concho Resources Inc. to Bakken giant Whiting Petroleum Corp.  Prior to joining Global Hunter Securities in August 2011, Mike ...

 


Michael (Mike) Kelly is vice president and senior E&P analyst for Global Hunter Securities LLC. Mr. Kelley covers 26 independent E&P companies, ranging from Permian Basin-focused Clayton Williams Energy Inc. and Concho Resources Inc. to Bakken giant Whiting Petroleum Corp.


 Prior to joining Global Hunter Securities in August 2011, Mike was a buyside energy analyst for Kennedy Capital in St. Louis. He received his MBA from Washington University’s Olin School of Business and his undergraduate degree from Trinity University in San Antonio, where he majored in Business Administration and minored in Political Science. Kelly is a CFA 

Full Description

ABSTRACT OF PRESENTATION

Peak Oil’ and the $500 oil price forecast of some “energy pundits” are still fresh memories to us. Only five years later, the media is fixated on “Saudi America” and the vast supply of the dark stuff that some say is going to lead to an oil price collapse.

 Herewith, we are taking the time to peer into our crystal ball and lay out the supply and demand economics for hydrocarbons from 2013 through 2017. The world is going through a revolutionary change dictated by the shale boom in the United States and technology adaptations learned from shale drilling to geological structures previously thought to have been uneconomic.

 The overabundance of natural gas and natural gas liquids has led to a severe cratering of natural gas prices on the one hand, but has set in motion a variety of longer-term demand drivers on the other. The emergence of new demand is moving slowly, and although we would like to take the quixotic viewpoint that lower priced fuel sources will create an industrial renaissance in the US, we are faced with uncertainties surrounding healthcare cost and corporate tax rates that will alter project economics when compared with international options.

 On the oil front, fears that the oil boom in the US will create global oversupply causing a collapse in the price of the liquid gold are at the forefront of investors’ concerns. We have worked through the supply and demand drivers of natural gas, ethane, propane, butane, C5+ and crude oil over the next half-decade, along with the services required to achieve our forecasts, as will be shown in this presentation.

 

 

MENU
 
FRUIT SALAD
SMOKED CHICKEN PASTA
ITALIAN CREAME CAKE
 
If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the " Comments" section during the registration process.                                                                                                

Registration & Walk-ins 

All attendees are encouraged to register and pay online for this event.  This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster.  Walk-in space is available on a seat limited basis at a fee $5 more than the on-line registration fee.

 

Parking for this event
 
The Petroleum Club provides valet parking service on the Milam Street side of the EXXON-MOBIL Building.  Parking is also available at public parking lots in the area for a fee in the $7 - $8 range.
 
Organizer Barry Faulkner

Email: barryfaulkner@earthlink.net
Phone: (281) 627-8790 

When?

Thu, Oct. 10, 2013
11:30 a.m. - 1 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.
Event has ended

Where?

PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
Houston, Texas 77002
USA

Refund Policy: You must notify the SPE-GCS office of your intent to cancel at least 24 hours prior to the event date to receive a refund. For all refund inquiries, email spe-gcs@spe.org. View our Terms & Conditions for more information.