|
|
Assessing the Financial Opportunities and Operational Challenges
|
|
Click here to register now for the Independent Operators Forum 2006.
|
|
Independent operators are playing a vital role in oil and gas exploration and production, and their increased participation in the E&P sector has created a unique set of issues particular to that group. The savvy operator needs to know how to assess the turbulent waters of international oil and gas exploration, what to look out for, and where to go for the best advice.
|
|
At PennWell's Independent Operators Forum, executives, managers and decision-makers from small to mid-size independent operators, investors, financial institutions and law firms from around the world gather to exchange information, experiences, plans and forecasts. Subject matter runs from innovative redevelopment concepts to project financing, from new technologies to decommissioning and abandonment liabilities. Each of these topics will be addressed by leading experts in the field.
|
|
According to industry analysts Douglas-Westwood, new activity in the mature offshore regions will increasingly become dominated by existing and new start-up small oil companies (along with the relevant national oil compaines), as producing and exploration assets are acquired by smaller companies that specialize in marginal field developments and in maximizing tail-end production.
|
|
New strategies and operating procedures have helped revitalize the North Sea, and additional opportunities are being pursued in the Norwegian and the Barents Seas, where the industry has put great expectations on drilling prospects. Offshore West Africa is another growth area that is attracting attention from independents and majors alike. Deepwater exploration offshore Brazil and in the US and Mexican sectors of the Gulf of Mexico holds the future to increased production in those areas.
|
|
However technical challenges still exist - rig availability, rising commodity prices, increasing service and supply costs, workforce issues, weather-related risk, and geopolitical concerns. Additionally, smaller E&P companies may have to search harder for funding.
|
|
If you are involved in international exploration and production, you need to know the latest information on both these technical challenges and want to know about the financial opportunities. The Independent Operators Forum brings the best minds in the business together for two days of strategic information and real-life solutions. Make your plans now to be there.
|
Who Should Attend?
- Independent oil and gas companies
- Finance, investment bankers, and other parties interested in independent operator project finance
- Representatives from government authorities
- Service and supplier sector including: seismic contractors, drilling contractors, subsea suppliers, engineering and construction companies, consulting companies
- Tax and legal experts
|
The Forum Provides a Platform:
- To educate Independent Operators about the opportunity to acquire and operate fields in international areas. The content will address the technical and regulatory challenges involved in such ventures.
- For Independent Operators to present and discuss various entry strategies, including: development led strategies, acquisition led strategies, exploration led strategies, production led strategies
- To provide Independent Operators already active, or considering investment in international operations, with information to help them make informed business and operating decisions.
- To enable the Independent Operators to share their needs and strategies with supporting organizations and governments.
|
|
