SPE London Conference 23 Oct 2018 Gibson Hall London, England, UK

Schedule

Tuesday, October 23

08:00 - 08:50
08:50 - 09:00
09:00 - 09:10
Chairperson Welcome
Speaker(s) Basak Kurtoglu, Quantum Energy Partners
09:10 - 09:30
Keynote Session: Beyond the Shale Revolution: Implications of the Resurgence of U.S. Oil & Gas on the Global Energy Industry
Speaker(s) John Moon, Managing Director, Morgan Stanley

Keynote Speaker:


John Moon
Managing Director, Morgan Stanley
Head, Morgan Stanley Energy Partners (MSEP)

John Moon is a Managing Director and Head of Morgan Stanley Energy Partners (MSEP) and is based in New York and Houston. Moon served as a senior member of the Morgan Stanley Capital Partners (MSCP) team from 1998 to 2004 and then rejoined Morgan Stanley in 2008. Prior to his return to MSCP, Moon was a Managing Director of Riverstone Holdings LLC where he served on the investment committees of the Carlyle/Riverstone Global Energy & Power Funds III and IV.

Prior to Riverstone, Moon was a founding partner, Managing Director and member of the Management Committee of Metalmark Capital LLC, which subadvised Morgan Stanley on investments held by Capital Partners III (CP III) and Capital Partners IV (CP IV) beginning in September 2004. He is a former member of the investment committees of CP III and CP IV and Metalmark Capital Partners I. Moon served on the Board of Directors of the following MSCP fund portfolio companies: Aventine Renewable Energy, Cantera Resources, Canyon Gas Resources, Concert Capital Resources, Triana Energy/Columbia Natural Resources, and Union Drilling. He currently serves as a director of Sterling Energy, Triana Energy II, and Trinity CO2, all North Haven Capital Partners V (CP V) portfolio companies.

He also serves as a director of XRI, M.G. Bryan, Durango Midstream, Specialized Desanders Inc. and Presidio Petroleum, all portfolio companies of North Haven Energy Capital Fund. Prior to joining Morgan Stanley in 1998, Moon worked in the Investment Banking Division of Goldman Sachs in New York. Moon holds an A.B., magna cum laude, from Harvard College. He also holds an A.M. and Ph.D. in business economics from Harvard University. Moon is an adjunct professor of finance at Columbia Business School.

09:30 - 11:00
Panel Session 1: M&A - Maximising Value and Reducing Risks with Smarter Transactions
Session Chairpersons Adam Borushek, RISC; Manoj Devashish, CITI IB
Speaker(s) Drew Powell, Gaffney Cline and Associates; Emma Wild, KPMG; Julia Shur, Shell

Smarter transactions occur when the buyer adds value using their influence and expertise, not just their capital. Smarter transactions can lead to non-compliant bids for assets and preferred bidders. It’s currently the model used by private equity firms, but will this continue if oil prices rise and we return to a seller’s market?

This session introduces a London-based initiative to reduce risks for investors in M&A, reserves-based lending, and other financial arrangements, by tailoring the content of Resource Reports for investors.

 

Speakers:

Drew Powell
Global Operations Director 
Gaffney Cline and Associates

Emma Wild
Partner
KPMG

Julia Shur
General Manager for New Business Development & Deal Delivery
Shell

11:00 - 11:30
11:30 - 13:00
Panel Session 2: The Centrality of Natural Gas in the Energy Mix
Session Chairpersons Session Chairs: Ramin Lakini, Muse, Stancil & Co; Carolina Coll, International Finance Corporation Session Moderator: Carolina Coll, International Finance Corporation
Speaker(s) Ajey Chandra, Muse, Stancil & Co.; Anne-Sophie Corbeau,​ BP; Pepijn van Kasteren, RBC Capital Markets

Natural gas, combined with a growing use of renewable energy, continues to play a key role for operators and investors considering abundant supply in North America, growing opportunities for LNG, and its lower carbon quality and flexibility of use for electric power generation. Although gas markets have continued to drop with supply apparently meeting any demand scenario, low current storage levels, LNG export capacity, and gas for power substitution help put a floor on gas prices.

This session will discuss the major transformation in natural gas and its growing usage and monetisation in the long-term. 

 

Speakers:

Anne-Sophie Corbeau
Head of Gas Analysis - BP

Ajey Chandra
Director, Managing Partner
Muse, Stancil & Co. 

Pepijn van Kasteren
Director, Oil and Gas Advisory Group
RBC Capital Markets

13:00 - 14:00
Keynote Lunch
Speaker(s) Austin Avuru, LSE traded Seplat Petroleum Development Company Plc.

Speaker(s):

Austin Avuru
CEO
Seplat Petroleum Development Co. PLC.

14:00 - 15:30
Panel Session 3: Technology Needs for a Rapidly Changing Industry
Session Chairpersons Omer Gurpinar, Schlumberger; Lex de Groot, Neptune Energy; Hossein Rokhsari, Darcy Partners, Oddvar Vermedal, Equinor
Speaker(s) Oddvar Vermedal, VP for Emerging IT, Equinor; Susan Cunningham, Darcy Partners; Gavin Rennick, Schlumberger

Dramatic changes have been experienced in the energy industry in recent years, which has created a new environment more focused on technological innovation. On the positive side, acceptance of digital, emergence of cloud computing, and the continuous evolution of field technologies give hope for the future. But what is the true value of this technology? How does this technology impact asset development and maximize its value?

This session will provide a discussion forum where key technology contributors of the industry will share their take on the industry’s technology needs.

 

Session Chairperson:

Omer Gurpinar
Schlumberger

Speakers:


Susan Cunningham
Senior Advisor
Darcy Partners


Gavin Rennick
President, Software Integrated Solutions
Schlumberger


Oddvar Vermedal
VP for Emerging IT
Equinor

15:30 - 16:00
16:00 - 17:30
Panel Session 4: What is Next? The Diverse Future of Energy
Session Chairpersons Darcy Spady, Broadview Energy; Allison Sandlin, Equinor
Speaker(s) Donato Azzarone, Eni Energy Solutions; Floyd Wilson Halcón Resources Corporation; Alex Grant, Equinor

After the previous panel discussions on the importance of smarter transactions, the energy mix, and technology, this final session will provide perspectives from a diverse group of panelists exploring what the future of energy could be like.

What will the balance be between small, mid, and large cap players? How will exploration, rapidly maturing conventional fields, the emergence and reliance on unconventional plays, and the increasing commitment to renewable energy contribute to the future of energy?

 

Session Chairperson:


Darcy Spady
SPE President
Broadview Energy

Speakers:


Donato Azzarone
Vice President, Renewable Energies
Eni Energy Solutions


Floyd C. Wilson
Chairman, Chief Executive Officer and President
Halcón Resources Corporation 


Alex Grant 
Senior VP Global Strategy and BD
Business Origination 
Equinor

17:30 - 18:30