Drive for Profits: Boomtown Oil Eagle Ford success story contrasted Public E&P shareholder returns
Host: Drillinginfo, Brian Lidsky, Sr. Director Market Intelligence
Please join SPE Business Development for two exciting speakers who will provide insight into how to best create value in our industry. Hear the contrast of private company value creation versus public company shareholders value degradation.
First up is Sean Fitzgerald with Boomtown Oil. Boomtown, founded in 2016, is a private Eagle Ford operator that is a shining modern example of the opportunity seized by the intersection of entrepreneurship, technical excellence and big data in today’s environment. Hear the Boomtown story from genesis to a recent significant discovery well in the Lavaca Trough, the Five Star 1H. This discovery proves the geologic thesis that the Lavaca Trough is in-line with some of the best wells in the Karnes Trough. Boomtown has 26,000 net acres in the highly over-pressured oil window in Lavaca and northern DeWitt counties.
Our second speaker is David Harris, a well-respected independent analyst and consultant with superb valuation expertise. David will present a long term view on the challenges for domestic public E&P companies to deliver competitive returns to shareholders. Over the past ten years the industry has delivered unprecedented growth in domestic oil and gas production yet a swath of public oil and gas equities have been a train wreck for buy and hold investors. What is the disconnect and the implications for the industry going forward? This will be an exciting topic with extensive opportunity for Q&A and stock talk.
We will kick off with our popular 5-6 PM networking happy hour followed by the 6-7 PM presentation, including Q&A. Both will be on the third floor mezzanine.
SEASON PASS HOLDERS: You do not need to register for this event, as your Season Pass has automatically registered you for all 2018 – 2019 Business Development events. Thank you for being a Season Pass Holder!
Location:
Four Seasons Hotel
1300 Lamar
Houston
,
Texas 77010