Oil & Finance 2009
Oil & Finance: New challenges in changing markets
The recent financial turmoil and sharp drop in oil price has significantly impacted the E&P industry. Industry leaders are facing severe challenges as a consequence of falling revenues, investments committed at high cost levels and the lack of financing opportunities.
The program for the first Oil & Finance Conference will explore many of these topics in detail.
Day 1 of the conference will focus on the Global Macro perspective with presentations covering both the general macro outlook and oil market perspectives.
Second part of the day is dedicated to Development on the NCS. The session will be opened by former state secretary Liv Monica Stubholt from the Norwegian Ministry of Petroleum and Energy, presenting their view on the financial crisis’ impact on the NCS. Majors, small cap E&P and utility companies will present their plans and share their experiences. The session will also focus on the financial crisis’ impact on NCS competiveness relative to other petroleum provinces and J.P Morgan will present their view on the transaction market (both asset and corporate level).
Day 2 of the conference will focus on Financing of E&P companies. Topics such as financing of M&A transactions, Reserve based lending, derivatives and perspectives on capital structure will be covered by speakers from leading Norwegian and International banks and oil companies. The participation is dependent on the acceptance of the Chatham House Rule.
The first Oil & Finance Conference provides a unique opportunity to learn from acknowledged experts in the oil and finance field on current Industry trends and challenges. The target group of the conference is CEOs, CFOs, Business Development managers and professionals within the banking sector.
We look forward to seeing you at Holmenkollen Park 29-30 April 2009!
Program
Wednesday 29. April
Registration
Lunch
Global Macro Perspective
Chair
Opening remarks
Global Energy
Developement on the NCS
Consequences for the NCS
Coffee break
Company experience - Revus Energy
Company experience - Centrica Energy
Questions
Coffee break
Transaction marked: What has happened and why?
Portfolio Management on the NCS - A StatoilHydro perspective
Outside looking in
End of day 1
Conference Dinner
Thursday 30. April
Morning meeting place – coffee/tea
Financing - E&P
Chair
Monetising the Norwegian Petroleum Tax Regime. Existing and potential debt structures
Reserve based lending
Coffee break
Derivatives
Sustainable capital structure: A company perspective
Lunch
Practical information
Venue:
Holmenkollen Park Hotel Rica, Oslo
Telephone: 0047-22 92 20 00
Telefax: 0047-22 14 61 92
www.holmenkollenparkhotel.no
Organiser:
Norwegian Petroleum Society (NPF)
Conference fee:
NPF personal members: NOK 6.500,- plus 25% vat
Non-npf-members: NOK 7.000,- plus 25% vat
The fee includes coffea/tea, lunches and conference dinner
Payment:
Payment can be done upon registration by credit card (American Express, Master Card, Visa) If not paid by creditcard you will receive an invoice from Norwegian Petroleum Society (NPF).
Cancellations:
Cancellations must be received in writing by 20th April 2009 and will be subject to a
NOK 900,- (plus 25% vat) cancellation fee unless a substitute delegate is offered. After this date, the full registration fee will apply, however, substitutions will still be accepted. Substitutions for registered delegates may be made at any time, but we would appreciate prior notification.
Conference paper:
Presentations from the conference will be available on Internet after end of conference. Delegates will be informed when available by e-mail.
Programme changes:
It is sometimes necessary to change timing and content of the programme. The conference organiser will not be liable for any such unavoidable changes.
Accommodation:
Holmenkollen Park Hotel Rica, Oslo
Telephone: 0047-22 92 20 00
Telefax: 0047-22 14 61 92
www.holmenkollenparkhotel.no
Price: NOK 1.220,- per night (incl. vat) including breakfast, to be paid direct to the hotel.
Please make reservations directly with the hotel, refering to NPF/Oil&Finance conference.
Registration:
“Sign up” link above.
For more information please contact:
Project manager Eimund Kibsgaard Nordberg
Phone no.: 0047-22 43 29 68
Telefax no.: 0047-22 43 29 01