EnerCom has updated additional oil and gas companies presenting on the second day of its 24th annual The Oil & Gas Conference®. The full conference runs Aug. 12-14, 2019 at the Westin Hotel Downtown Denver. Online conference registration is open.
The Aug. 13 lineup from EnerCom includes a few new additions to its roster of presenting oil and gas company management teams.
- Advantage Oil & Gas Ltd. (TSX: AAV) – 45,000 BOEPD total production; company transitioning to Middle Montney liquids production at its Glacier free-cash generating asset, from Valhalla and Pipestone/Wembley; company targeting 10,000 bbls/day condensate and light oil in 2021
- Anschutz Exploration Corporation (private company) – independent oil and gas company with current projects in the Powder River and Washakie Basins of Wyoming, the Piceance and DJ Basins of Colorado and the Uinta Basin of Utah
- Bellatrix Exploration, Ltd. (TSX: BXE) – 37,000 BOEPD Alberta Deep Basin producer with 860 drilling locations in Ferrier, Willesden Green and Greater Pembina; benefiting from high-porosity/low-cost Spirit River play economics
- Brigham Minerals, Inc. (NYSE: MNRL) – founded by Chairman Bud Brigham; has acquired 68,000 net acres of mineral rights in U.S. shale plays—Williston, DJ, Delaware, Midland, SCOOP/STACK; 71,500 net royalty acres; net production of 5,382 BOEPD; 860 DUCs 1Q 2019
- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) – infrastructure REIT strategy, qualifying assets = wires, pipes, storage and offshore platforms; current assets of CORR include Grand Isle gathering system on GOM shelf, Pinedaleliquids gathering system, MoGas and Omega pipelines
- Denbury Resources, Inc. (NYSE: DNR) – 60% of 59,000 BOEPD production comes from CO2 EOR, 97% oil; 1 billion BOE proved + EOR, exploitation potential; Gulf Coast region operations include Texas, Louisiana, Mississippi with Rocky Mountain region operations in Wyoming, Montana, ND
- Drillinginfo (private company) – 5,000 energy, power, and commodities users access its SaaS platform to access sophisticated technology, analytics, and data to analyze and reduce risk, conduct competitive benchmarking, receive upstream, midstream, downstream market insights
- Earthstone Energy (NYSE: ESTE) – Texas operator focused in the Midland Basin (30,200 core net acres) and Eagle Ford (14,000 core net acres); 11,000 BOEPD in Q1 2019 (86% of production is from the Midland); 99 million BOE 1P reserves
- Evolution Petroleum (NYSE American: EPM) – Delhi Field CO2 project expansion ongoing into 2020 and beyond; net liquids production 2,000 BOEPD; 9.4 million BOE proved reserves; pays 40 cents per share dividend annualized; $30 million cash, zero debt; 7 consecutive years of net income
- Laredo Petroleum (NYSE: LPI) – developing 122,500 net acres in the Permian Basin; infrastructure assets include water, natural gas gathering and distribution pipelines; expects 78,500 BOEPD production in Q2 2019 (with 28,500 BOPD of oil)
- Northern Oil and Gas, Inc. (NYSE American: NOG) – non-op building minority working interests in the Williston Basin Bakken/Three Forks plays; 160,000 net acres, 34,600 BOEPD production
- NuVista Energy Ltd. (TSX: NVA) – 50,000 BOEPD pure-play Montney producer targeting 10%-15% per year growth within adjusted funds flow; 30% condensate production; key plays include Pipestone, Gold Creek, Bilbo and Elmworth
- Painted Pony Energy Ltd. (TSX: PONY) – A Montney pure-play natural gas producer with 195,000 net acres in the British Columbia Montney; 1.0 Tcfe of proved developed producing reserves
- PDC Energy, Inc. (NASDAQ: PDCE) – DJ Basin Wattenberg (96,000 acres, 425 MMBOE proved reserves) and Delaware Basin (42,000 net acres, 120 MMBOE proved reserves) operator expecting 46 – 50 MMBOE production, ~ $900 million adj. cash flow from operations in 2019
- PetroTal Corp. (TSX-V: TAL; LSE: PTAL) – focused on Peru with 100% working interest in Bretana Block 95 (17.9 MMBO 1P reserves, estimating 5,000 BOPD production 2H 2019, 100% oil) and Block 107 (534 MMBOE at Osheki prospect)
- QEP Resources, Inc. (NYSE: QEP) Permian and Williston basins producer with 49,000 net acres in the Midland basin, 114,000 net acres in the Williston; total production of ~3 MMBO from the Permian in Q1 2019.
- Range Resources (NYSE: RRC) – discovered, pioneered the Marcellus shale play; 875,000 acres and 1.9 Bcfe/day net production from Appalachia Q4 2018; 18.1 Tcfe of proved reserves company-wide as of Dec. 31, 2018
- Samson Resources II, LLC (private company) – pure play Wyoming E&P with 208,000 net acres in the Powder River and Greater Green River basins; 6,450 BOEPD production as of Dec. 2018
- Superior Drilling Products, Inc. (NYSE American: SDPI) – manufactures drilling tool technologies including PDC bit re-manufacturing process, Drill-N-Ream® upstream wellbore tool and Strider™ drill string technology; 21 patents issued or pending; North America and the Middle East operations
- Talos Energy (NYSE: TALO) – Explores, acquires, develops oil-weighted, operated Gulf of Mexico assets near existing infrastructure; 2018’s Zama discovery offshore Mexico anticipates 2020 FID; 53,400 BOEPD company production; 149 million BOE of proved reserves
- Unit Corp. (NYSE: UNT) – diversified via E&P operations (Q1 production 45,800 BOEPD) in the Permian, Anadarko, Mississippian, Arkoma, North Louisiana/East Texas, and Gulf Coast onshore); 57 contract drilling rigs; midstream operations in Kansas, Oklahoma, Texas, Marcellus
The daily schedule of presenters is also posted on the conference website (presenters, days, times are subject to change). The conference investor presentations begin at 7:30 a.m. and run through 4:30 p.m.
Tuesday’s keynote luncheon is a “Fireside Chat” with Continental Resources (NYSE: CLR) Chairman and CEO Harold Hamm.
Global sponsors of EnerCom’s conferences are Netherland, Sewell & Associates; and Drillinginfo. Sponsors of The Oil & Gas Conference® 24 include CIBC; Credit Agricole CIB; McGriff, Seibels & Williams; Haynes and Boone; Moss Adams; PNC; Preng & Associates; Bank of America Merrill Lynch; DNB Bank ASA; Holland & Hart; MUFG; Petrie Partners; SMBC; and Wells Fargo.
