Nov 27, 2018 Private Capital Conference 2019 Schedule
CONFERENCE CHAIR | DAVID BAGGETT, FOUNDER AND MANAGING PARTNER, OPPORTUNE LLP; CHAIRMAN, DACARBA LLC
SORTING THE DECK: PRIVATE CAPITAL OPTIMIZES THE ASSET MIX
As shale basins mature and capital providers become more comfortable with current commodity pricing, asset positions within basins are ripe for consolidation. New players are having a harder time gaining a foothold and established companies face fierce competition as they seek to increase positions. There still appears to be substantial pools of capital available but those providers are chasing fewer and fewer opportunities in high growth areas. How then will private capital deploy in the coming year? Will further consolidation be the preferred way forward? Will capital providers refocus on previously less attractive basins and opportunities? Or will capital providers develop and deploy new capital structures addressing the current climate? This event seeks to help U.S. oil and natural gas operators determine how they can approach different providers to meet their needs. We will examine who has capital to invest, how the rules have changed for companies seeking capital and discuss evolving industry trends that affect capital providers and capital seekers alike.
8:20 AM – 8:30 AM
OPENING REMARKS
CONFERENCE CHAIR
David Baggett
Founder and Managing Partner, Opportune LLP
8:30 AM – 9:45 AM
NEW CAPITAL SOURCES
This panel highlights newer additions to the capital picture. Investors seek to place equity, debt and hybrids with various types of companies. The panel will discuss how they approach the investment process, their thoughts on current commodity prices, and how they can be approached to invest.
MODERATOR
Buddy Clark, Partner and Co-Chair, Energy Practice Group, Haynes and Boone, LLP
SPEAKERS
Robert Cabes, Head of Investment Management, Intrepid Financial Partners
Justin Moers, Managing Director, Munich Re Trading LLC
George McCormick, Co-Founder and Managing Partner, Outfitter Energy Capital
Avtar Vasu, Head of Global Private Investments, Liberty Mutual Investments (LMI)
9:45 AM – 10:00 AM
BREAK
10:00 AM – 11:00 AM
CONSOLIDATIONS, ACQUISITIONS AND DIVESTITURES
The property and corporate transaction process is the heart and soul of the private capital industry. While Permian Basin transactions continue to hold the spotlight, there are still bright spots elsewhere. This panel will explore how Permian premiums are holding up, where other buyers and sellers are coming to terms, and how property trades are streamlining portfolios and offering new entry opportunities.
MODERATOR
Josh Sherman, Partner, Opportune LLP
SPEAKERS
Craig Lande, Managing Director, RBC Richardson Barr
Chuck Yates, Managing Partner, Kayne Anderson Capital Advisors, L.P
11:00 AM – 11:15 AM
BREAK
11:15 AM – 12:15 PM
INDUSTRY VETERANS’ 2019 OUTLOOK
This panel of industry veterans offers their views on the current state of the industry, how their sectors are expecting to perform in the coming year, and how they are crafting new solutions to their customers’ current challenges.
MODERATOR
Mark Tharp, Head and Managing Director, ORIX Energy Capital
SPEAKERS
Ron Dierker, Managing Director, JPMorgan
Chris Miller, Managing Director and Head of North American Energy Investment Banking, Citi
Stuart Page, Managing Director, The Carlyle Group
Alan Smith, President & CEO, Rockcliff Energy LLC
12:15 PM – 1:30 PM
LUNCH
INTRODUCTION
Kara C. Williams, Member, Steptoe & Johnson PLLC
KEYNOTE SPEAKER
Jay Graham
Chairman, CEO and Co-Founder WildHorse Resource Development Corp.
1:30 PM – 1:45 PM
BREAK
1:45 PM – 2:45 PM
NON-TRADITIONAL FINANCING SOURCES
This panel introduces potential direct investors in E&P and related opportunities that are less likely to be on the capital seekers radar. They include family offices, pension funds and small-project investors that can deal with the capital seeker directly.
MODERATOR
Brenton Cheeseman, Business Development Manager, NCS Multistage, LLC
SPEAKERS
Austin Elam, Partner, Haynes and Boone, LLP
Scott Segal, Managing Director, MSD Partners L.P.
Mark Tharp, Head and Managing Director, ORIX Energy Capital
2:45 PM – 3:00 PM
BREAK
3:00 PM – 4:00 PM
MID-MARKET FINANCING OPTIONS
Not all private capital seekers are looking for nine figure backers. This panel explores middle market supporters that invest in traditional and innovative and flexible ways. They include individuals, families and smaller-project investors that deal with the capital seeker directly.
MODERATOR
Scott W. Johnson, Co-Founder and Managing Director, Chiron Financial LLC
SPEAKERS
Mark Green, President, Madava Financial
Tim Murray, Managing Director and Head of Energy Origination, Benefit Street Partners
Johnnie Penton, Managing Partner, Canaan Resource Partners
Charlie Thompson, Partner, PinHigh Capital Partners
4:00 PM – 4:15 PM
BREAK
4:15 PM – 5:30 PM
SUCCESS STORIES
Attendees seeking to access private capital are eager to learn how to best access, deploy and execute on capital investments. Still, there are certain pitfalls that all should seek to avoid. This panel will explain how the capital raising process went and help share their thoughts on successful strategies.
MODERATOR
Jason Whiteley, Partner, DLA Piper
SPEAKERS
Zach Lee, CEO, ARM Energy
Richard Little, CEO, Ajax Resources
Brandon White, Co-Founder and CFO, OneEnergy Partners
Barry Winstead, President and CEO, Forge Energy II
5:30 PM – 6:30 PM
RECEPTION
