April 25, 2007


Description

The sale of the main production unit of the Russian oil company YUKOS in 2004 marked a climax in the dispute between the company and the Russian government. It shook investor confidence in Russia and called into question the rule of law and the security of private property. The following year, Mikhail Khodorkovsky, CEO of YUKOS, and his associate Platon Lebedev were convicted of fraud and tax evasion and sentenced to 9-years in a minimum-security prison colony.

What does the future hold for the Russian Oil industry? Many experts believe that recent developments point to Putin's desire to assert state control over the industry in Russia and its neighbors.

Join the Society for Petroleum Engineers and the World Affairs Council of Houston Young Professionals Group for an evening of discussion on this topic. Bruce Misamore will be our speaker and guest of honor.

 

Dinner will be served at 6:30pm.

Featured Speakers

Speaker Bruce Misamore

Former Chief Financial Officer of YUKOS Oil

From early 2001 until the end of 2005, Mr. Misamore was Chief Financial Officer of YUKOS Oil Company. For periods during that time he was also Deputy Chairman of the YUKOS Management Committee and a member of the Executive Committee of the Board …

Former Chief Financial Officer of YUKOS Oil

From early 2001 until the end of 2005, Mr. Misamore was Chief Financial Officer of YUKOS Oil Company. For periods during that time he was also Deputy Chairman of the YUKOS Management Committee and a member of the Executive Committee of the Board of Directors. Prior to joining YUKOS, Mr. Misamore had been Senior Vice President – Finance and Treasurer of PennzEnergy Company in Houston. A 28 year veteran of the oil and gas industry, Mr. Misamore’s prior positions also included Vice President and Treasurer of Pennzoil Company in Houston, various financial management positions with Marathon Oil Company/USX Corporation, investment portfolio management for a large trust company and teaching finance at a university. Until recently Mr. Misamore was a YUKOS representative to the World Economic Forum, a member of the Board of the US-Russia Business Council, the Board of the International Institute for Management Development (IMD in Lausanne, Switzerland and the Supervisory Board of Mazeikiu Nafta in Lithuania. He is a member of Financial Executives International, and its Houston Chapter serves on FEI’s Globalization Oversight Committee. In 2004 he was named the top CEO/CFO in Russia for investor relations by IR magazine, and was recognized as an outstanding Graduate of Bowling Green State University.
He earned both his BSBA in finance and his MBA from Bowling Green State University in Ohio. Mr. Misamore was born in Findlay, Ohio in 1950, and moved to Houston in 1991.

Full Description



Organizer

Basil Allam


Date and Time

Wed, April 25, 2007

6 p.m. - 8 p.m.
(GMT-0500) US/Central

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Location

Federal Reserve Bank - The Brazos Room

1801 Allen Pkwy
Houston, Texas 77019