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GENERAL MEETING: EXPLORATION STRATEGY

Exploration has discovered some 4-5 trillion BOE of conventional oil and gas resources over the last 100 years. Of this, some 2 trillion BOE has been produced. Since much of the resource base is challenged by commercial, economic and/or political issues, exploration is still seen as a viable growth option for the industry.

However, over the past decade, conventional exploration has discovered around 25 BBOE of resources per year (about half of the annual global production), leaving in recent years unconventional resources filling the gap. Despite the difficult challenges the industry has faced in conventional exploration, many companies have managed to explore successfully.

Mr. Nyquist will present a perspective on the long-term trends in both conventional and unconventional oil and gas exploration, some views on the best performing companies, and lessons learned on what the leading companies are doing to deliver strong exploration performance.

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MIXED GREENS

CHICKEN FRIED STEAK

BREAD PUDDING

If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the "Optional Comments for the Event Planner" section during the registration process.

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 $5 - $7 range.

Location: PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
HOUSTON , TEXAS 77002

Date: Nov. 10, 2011, 11:30 a.m. - Nov. 10, 2011, 1 p.m.