Oil & Finance 2012
Revival of the North Sea?
Several and large discoveries have been made during 2011, and the view on resource potential is now more optimistic. However, the capital market is still turbulent and it is highly uncertain when it will stabilise again. The programme for the 2012 Oil & Finance Conference will explore this topic in detail and also give relevant industry perspectives on E&P companies’ challenges on financing their activities.
Day 1 of the conference will focus on the global macro perspective with presentations covering both the general macro outlook and perspectives on the gas market. The conference will be opened by Carl Christian Bachke, equity research, RS Platou Markets, with a recap of what has happened since the 2011 conference. Jon Gunnar Pedersen of Arctic Securities will present a high level view of the financial climate and the economic state of domestic and international banks. Jeffrey Curie of Goldman Sachs will present an industry market perspective for the oil & gas industry and the Ministry of Petroleum and Energy will close the session with their perspectives on the NCS.
The second session will be opened by Jefferies represented by Richard Kent focusing on trends in the M&A market. Relevant case studies will be presented (TBA)
Day 2 will cover relevant industry issues such as new challenges related to unitization and a review of loan covenants by Selmer and Arntzen de Besche. Despite attractive assets E&P companies are facing challenges related to financing of developments due to the financial climate. BNP Paribas will present challenges and opportunities related to bank financing and Pareto Securities will present opportunities for raising debt in the bond market.
The conference will finish with a presentation by Andrew Knott of GLG, a leading global investment manager with focus on the energy sector.
The Oil & Finance Conference is a unique opportunity to learn from acknowledged experts in the oil and finance field on current industry trends and challenges. It is also a great networking opportunity, which has gathered over 100 professionals each year. In the evening there will be ample opportunity to talk with colleagues from the oil and finance industry during a wine tasting at Lysebu and subsequent dinner.
Welcome!
Program
Wednesday 14. March
Registration
Lunch
Chair
Opening remarks
What has happened since the last Oil&Finance conference?
Global Macro Perspective
Financial crisis – implications for an oil based economy
Coffee break
Gas market developments
Industry Macro Perspective
Coffee break
Ministry's view
Industry Perspective
Developments in the M&A Market
CASES
Wine tasting
Conference Dinner
Thursday 15. March
Coffee/Networking
Industry Issues
Chair
New challenges in unitization
NCS Loan Financing – Review of covenants
Coffee Break
New challenges on financing
Financing – Market Outlook
Investor perspective
Lunch
Practical information
Venue:
Lysebu
Lysebuveien 12, Oslo.
Telephone: 0047-21 51 10 00
Telefax: 0047-22 51 10 01
www.lysebu.no
Organiser:
Norwegian Petroleum Society (NPF)
Final date of pre-registration: 5th March 2012
Conference fee:
NPF personal members: NOK 9.000,- plus 25% vat
Non-npf-members: NOK 9.500,- plus 25% vat
The fee includes conference dinner, lunches and coffea/tea/refreshments.
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 5th March 2012 and will be subject to a
NOK 1000,- (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:
NPF has reserved a number of rooms at Lysebu for NOK 1465,- per single room per night (incl. vat) including breakfast, to be paid direct to the hotel. Please make reservations directly with the hotel by calling +47 21 51 10 20 or by mailing booking@lysebu.com refering to NPF/Oil&Finance conference.
NB! The hotel is now fully booked. You may check for cancellations or contact other hotels in ther area. See map for further details
Lysebu
Lysebuveien 12, Oslo.
Booking: +47 47-21 51 10 20
Telefax: +47 47-22 51 10 01
booking@lysebu.com
www.lysebu.no
Registration:
“Sign up” link above.
For more information please contact:
Project manager Eimund Kibsgaard Nordberg
Tel:.: 0047-40 21 02 42