Please join the SPE GCS Business Development group for a presentation by Gustavo Zapata, EP Energy’s Director of Business Development.
EP Energy has a passion for finding and producing the oil and natural gas that enriches people's lives.
EP Energy has a proven strategy based on repeatable investment programs, low cost structures, significant reserves, and enduring partnerships. Enduring partnerships recently took center stage as EP Energy and Tesoro Corporation formed a drilling joint venture to fund the development of EP Energy’s Altamont program located in the Uinta Basin. In this agreement, Tesoro will purchase all of the oil produced through the joint venture and provide a capital carry for a 60 well program. This will allow EP Energy to laser focus on well- level returns and maximize capital efficiency.
With large, contiguous positions in the Eagle Ford, Wolfcamp, and Altamont, why did EP Energy decide to focus on the Uinta basin at this time?
What are the unique aspects of the Uinta basin that formed the basis of this transaction?
Will this type of partnership structure be applicable to other basins?
How can EP Energy further use partnerships as a fuel for growth?
How can other operators seek out similar opportunities?
The popular format of a Business & Social Networking hour followed by an hour long program, including a Q&A session, will begin at 5:00 PM in the Mezzanine.
Register for a Season Pass using the following link: http://www.spegcs.org/events/3697/