Bus. Devt: Permian Basin Panel – The Red Hot Wolfcamp Shale Play
Pre-registration closed at 8:00 AM Tuesday February 25 to enable us to print name badges for the event. We have secured additional space and anticipate sufficient room for walk-ups who may want to attend. Look forward to seeing you there!
Host: Wells Fargo Securities
Join us at the Four Seasons Hotel as we discuss the red hot Wolfcamp Shale play in the Permian Basin and what is behind the headline catching well results, increase in transaction activity, and lack of rental cars and hotel rooms in Midland. The popular format of a Business & Social Networking hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour and a half long program including a Q&A session, will begin at 5:00 pm in the Mezzanine.
The Wolfcamp Shale play has seen a tremendous ramp up in activity in both the Delaware Basin and Midland Basin driven by horizontal drilling and impressive well results. The strong well results have been seen across multiple benches of the Wolfcamp Shale including the A, B,C, and D (Cline) benches. In addition other stacked pays above and below the Wolfcamp including the Clearfork, Spraberry, Atoka, and Mississippian intervals have shown tremendous potential. Valuations of public companies focused on developing these plays have skyrocketed and valuations on asset transactions have reflected the tremendous potential as well.
1) Peter Dillett (Wells Fargo) who will give a brief overview of the geology and describe the stacked pay nature of the Delaware and Midland Basins and what various operators are targeting
2) Paul Sparks (Energen) who will give an overview of Energen’s operations, results, and future plans in the Delaware Basin
3) Chris Paulsen (Pioneer) who will give an overview of Pioneer’s operations, results, and future plans in the Midland Basin
What is all the hype about? What is driving these results in a “mature” basin which so much oil has already been produced? What are the primary differences between the Wolfcamp Shale play in the Delaware Basin vs. Midland Basin? What are operators most excited about in the play going forward? What is the potential of the other horizons above and below the Wolfcamp? What are the key issues that operators face as they go forward developing multiple stacked horizontal laterals? Will transaction activity continue in the Wolfcamp Shale play in 2014?
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!
Location:
Four Seasons Hotel
1300 Lamar
Houston
,
Texas 77010