NATURAL GAS 102 Panel Discussion

Transcription

1 NATURAL GAS 102 Panel Discussion OIPA - Natural Gas Committee Chairman: David D. Le Norman June 11, 2016 Open Panel Discussion of the Issues facing our members that are in the Upstream and service sectors producing and processing Natural Gas. (Post the Natural Gas 101 introduction to the current, energy macro environment with a primer on natural gas processing, marketing, contracts for the independent producer.)

2 Recap of to Natural Gas 101 ( ) David Le Norman, CEO & President Templar/Le Norman Operating Current, Macro, Energy-Economic Environment Steve Agee, PHD, Dean of the Meinders School of Business at Oklahoma City University Processing, Wellhead to Tailgate To End Products and the MLP Structure Ryan Lewellyn, CEO Tall Oak Marketing Your Products Mark Edge, Manager & Co-Founder Ancova Energy Wind Coalition and the Current Legislative Environment Blu Hulsey, VP Government Relations & Regulatory Affairs, Continental Resources Natural Gas 102 Panel Discussion David Le Norman Moderator Greg Kegin, CEO Santa Fe Tony Say, President Clearwater Enterprises 2

3 Moderator: David Le Norman, CEO, Le Norman Operating; OIPA Board of Director & serves as OIPA's Natural Gas Committee Chairman: Mr. Le Norman has over 30 years of experience in the oil industry ranging from working in field operations as a roustabout, pumper, and as a rig hand on a workover rig. Over 20 years of that experience was as a Petroleum Engineer in various engineering, business development, and management positions for Texaco prior to founding Le Norman Energy in Since that time Mr. Le Norman has founded Le Norman Partners, Crusader Energy Corporation, Crusader Energy II, LLC, Crusader Energy III, Knight Energy Group, LLC, White River Energy LLC, TLP Energy LLC, and Templar Energy, LLC and also served as a Senior Vice President with Patina Oil & Gas. He holds a B.S. in Petroleum Engineering from the University of Wyoming, master s work in Chemical Engineering at Oklahoma State University and a M.B.A. from Oklahoma City University. Mr. Le Norman also serves on the Board of OIPA, Chairman of OIPA Natural Gas Committee and on the Board of OERB. Greg Kegin, Managing Partner / CEO, Santa Fe : Mr. Kegin is one of four founding partners of Sante Fe and has over 30 years of experience in the energy industry. He is an accomplished leader and has gained a broad experience base through operations, commercial and business development roles in both domestic and international areas. Greg has held various management and executive positions at Chesapeake, Crosstex Energy, Atlas Pipeline and Spectrum Field Services. He began his career in pipeline operations with ARCO Pipeline and later held increasing levels of operational responsibility with several business units of The Williams Companies. Greg received his MBA from Oklahoma City University in Tony Say, President, Clearwater Enterprises, LLC: Mr. Say founded Clearwater Enterprises, LLC in He received his BA/PLM from the University of Oklahoma in Since his graduation he has worked for Delhi Gas Pipeline Corp., Clinton Gas Transmission LLC., Chesapeake Energy Corp, as it s President of Energy Marketing. Mr. Say has lengthy experience in Oil and Gas exploration, Oil and Gas wholesale marketing and retail gas marketing segments of the industry. 3

4 vs Contract Illustration Wellhead Value, / MMBTU Wellhead Value, $4.00 / MMBTU Wellhead Value, $6.00 / MMBTU $4.00 $6.00 $1.80 $1.60 $1.40 $1.20 $3.50 $3.00 $2.50 $5.00 $4.00 $3.00 $0.80 $0.60 $0.40 $0.20 $1.50 $0.50 4

5 Oklahoma Independent Petroleum Association 500 NE 4 th Street Oklahoma City, OK OIPA