Bus. Devt: Natural Gas – Have the Contrarians Finally Been Vindicated?
Please join us at the Four Seasons Hotel for a panel discussion on the oil and gas industry’s response to the current commodity price environment of falling oil prices and relatively steady gas prices.
Since at least 2011, the vast majority of E&P companies have been part of the “herd” positioning their companies to become “liquids focused”. The robust transaction activity in the Permian, Eagleford, Bakken, and Mid-Con was the outcome of strong demand for liquid weighted assets as oil prices continued to hold steady at $100+. Meanwhile a few hardy contrarians pursued gas-weighted assets despite the market’s focus on oil. Have these contrarians finally been vindicated? Some companies are now beginning to shift their focus from crude oil to natural gas as they see continued downward oil price pressures for the foreseeable near future. The result has been:
-Increased M&A&D activity in gas-weighted assets due to less volatility in natural gas prices, depressed oil prices, and the lack of quality oil-weighted assets on the market
-Increased natural gas permitting and drilling activity due to a shift in capital from uneconomic oil locations to gas opportunities
-Rebalancing of asset portfolios given the current commodity price environment
What are public and private companies doing in the face of the new commodity price environment?
Who are the big winners and losers in the new commodity price environment?
What should we expect in terms of natural gas weighted M&A&D transaction activity?
We welcome you to join us for this informative panel discussion to be hosted and moderated by Wells Fargo Securities, as well as the fellowship and networking of the popular Social Hour at 5:00 pm.
*SEASON PASSHOLDERS: You do not need to register for this event, as your Season
Pass has automatically registered you for all 2014-15 Business Development
events. Thank you for being a Season Passholder!
Four Seasons Hotel
Houston , Texas 77010