Global Business Conference
The NAPE Global Business Conference features presentations that explore the industry’s most pressing topics. Several "C-suite" presenters are brought to one stage the day before the Expo doors open, offering attendees extra networking time while receiving exclusive insights into the oil and gas industry. Each session will be livestreamed and available on-demand on the NAPE Network.
Private Equity and Producers in a Post-COVID World
Our industry took a “sucker punch to the gut” in 2020 – OPEC price wars, COVID demand destruction and stock market exodus left many producers on life support from heavy debt loads and restricted access to capital. Private Equity investors in the E&P space didn’t fare much better than the producers. Will 2021 bring any respite to the industry? Will private equity continue to support management teams and their projects? Our panelist will provide their unique perspectives from the producer and private equity on how to navigate the ups and downs in 2021.
Bernard “Buddy” F. Clark Jr., J.D. is the co-chair for the firm’s Energy Practice Group representing clients in the oil and gas industry, including banks, private capital providers and producers in secured and unsecured credit transactions and equity investments; producers, joint ventures and midstream companies in oil and gas exploration, production and development agreements, and producing property and midstream acquisitions, joint developments and partnerships; and energy related litigation and bankruptcies. In June 2016, Buddy published Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers, which traces the relationship between independent producers and their capital providers in America’s oil and gas industry. Buddy is a frequent speaker at oil and gas conferences and is often cited as an authority on current issues facing the oil and gas industry in trade publications and financial journals.
Gregory M. Robbins
Michael A. Freeman maintains a corporate, M&A and energy practice, with an emphasis on advising E&P, midstream and other energy related companies. Mike’s practice focuses on the areas of mergers and acquisitions, oil and gas upstream, and other energy related acquisitions and divestitures, securities offerings, corporate and other entity governance and other commercial transactions. His practice also includes divestitures, recapitalizations, joint ventures, distressed asset sales and acquisitions, securities compliance, and general business law matters.
Mike has advised a wide range of clients, from large multinational corporations to emerging growth and middle market companies, in a variety of industries. In addition to corporate clients, Mike has worked with private equity investment funds and individual private investors and has extensive experience advising private E&P and midstream companies in their negotiations with private equity sponsors for equity commitments. Mike has also worked on international Corporate transactions involving companies and assets located in foreign countries, including Canada, England, France, the Netherlands, the Netherlands Antilles, the British Virgin Islands and French Caribbean territories.
Chuck Yates serves on the Advisory Board of Cottonwood Venture Partners, an investment firm partnering with technology companies that provide digital solutions for the energy industry. Previously, he was managing partner for Kayne Anderson Capital Advisors’ energy private equity activities, where he was responsible for the origination and execution of private equity transactions in the energy industry. Prior to joining Kayne Anderson in 2001, Yates was a senior vice president at Stephens Inc., an integrated merchant and investment bank. He earned a bachelor’s degree in political science and an MBA in finance from Rice University.
Unpacking ESG: What It Is and Why It Matters
ESG (Environment, Social, and Governance) may seem like the newest trend in the energy space, but ESG is no more a trend than it is new; however, the emphasis on ESG as a standalone concept in energy has certainly grown, and in many cases, that growth has outpaced our understanding of how ESG risks and opportunities may impact our business. This interdisciplinary panel of ESG experts seeks to provide a multi-faceted understanding of ESG, including the relationship between ESG and the transition to a low-carbon economy. The discussion will focus on areas in the industry (including operations and production, asset evaluations and transactions, reporting and compliance, and third-party investment) in which ESG issues most commonly impact operators, investors and stakeholders alike. The panel will also explore how socially responsible energy companies have allowed ESG considerations to influence how they conduct business and the pros and cons of doing so.
Kaitlyn Allen is sustainability-focused entrepreneur, business owner, and CEO. She is a sought-after expert on ESG (environmental/social/governance) investing and corporate sustainability communications strategy. Kaitlyn founded Global Affairs Associates, a boutique sustainability consultancy that helps clients bridge business and sustainability, in 2013. She and her team believe that business-centered approaches are crucial for creating long-lasting value. As CEO, Kaitlyn has grown Global Affairs Associates from an individual consulting practice to a well-respected boutique firm in Houston. As principal consultant, Kaitlyn has consulted on sustainability and ESG issues, including strategy, risk, communications, and transparency, for a variety of industries, including oil and gas, drilling, construction, midstream, and manufacturing. She trains international oil and gas executives on sustainability, lean management, process improvement, and strategy. Kaitlyn speaks frequently on the drivers behind the “ESG” (environmental/social/governance) investing trend, the differences in approaches to “responsible investment,” and how companies can improve and articulate their ESG/sustainability value propositions.
In 2019, Kaitlyn co-founded the Resilient Business Forum with Amanda Hsieh in partnership with the Center for Houston’s Future. Passionate about international relations, she is a Fellow of the National Committee on U.S.-China Relations’ Young Leaders Forum, a diplomatic exchange between the U.S. and China, and is a member of the Associate Roundtable for Young Professionals at the Baker Institute for Public Policy at Rice University, where she serves as co-chair of the Latin America/Mexico subcommittee. She received the U.S. Critical Language Scholarship award to study Turkish in Turkey in 2011, and speaks fluent Spanish, French and Portuguese. A proud alumna of Georgetown University and Trinity University, Kaitlyn is a native Houstonian and currently resides in Houston.
Alejandra "Ale" Veltman is a financial executive with over 28 years of experience. Ms. Veltmann is Founder and CEO of ESG Lynk, a leading sustainability reporting company dedicated to aligning corporate strategy with relevant ESG factors to enhance investor and capital market attractiveness. Prior to this role, she served as Vice President and Chief Accounting Officer at Paragon Offshore, a NYSE listed global offshore oil and gas drilling company. She was also Vice President and Chief Accounting Officer at Geokinetics, a NYSE listed international land and shallow water geophysical services firm. Prior to that, Ms. Veltmann worked in the audit practice as a senior manager for KPMG LLP where she led global multi-million-dollar client service teams and began her career with Arthur Andersen LLP. She is an international strategist with the ability to build diverse teams and cultivate international relations. Her past international experience included oversight of operations in three continents.
When Ale is not advising clients, she serves as Director of the Board of the Anderson Foundation at the University of New Mexico, the Board of Royal Oaks Country Club, the Advisory Council of the K.B. Hutchison Center for Energy, Law & Business of the University of Texas at Austin, and Advisory Board Member of Inspire Women, a non-profit women’s organization.
She is a certified public accountant and holds a BBA degree in Accounting from The University of New Mexico and is an alumna of the Advanced Management Program at Harvard Business School. She is a Governance Fellow of the National Association of Corporate Directors and holds the Fundamentals of Sustainability Accounting (FSA) Credential form the Sustainability Accounting Standards Board.
Chris Kirt is Vice President of Corporate Governance and Corporate Secretary. He also serves as associate general counsel and as chairman of Devon's Environmental, Social and Governance Steering Committee. Chris has been with Devon since 2008, holding positions of increasing responsibility within the company's legal team until 2018, when he was named to his current position. Before joining Devon, Kirt worked for Crowe & Dunlevy as a director of the law firm's Tulsa office. He holds a bachelor's degree in business administration from Trinity University and a law degree from the University of Oklahoma. He is a member of the Society of Corporate Secretaries & Governance Professionals and the Oklahoma Bar Association.
Michael Rubio is Chevron’s General Manager for ESG and Sustainability, works closely with Chevron’s senior leadership to develop the company’s strategy on ESG issues, and leads Chevron’s outreach to shareholders and key stakeholders on ESG matters. Michael joined Chevron in 2013 as the Manager for State Government Affairs in California, Oregon, and Washington.
Prior to joining Chevron, Michael served in the California State Senate and emerged as a leader on issues related to the California Environmental Quality Act. Previously, Michael served as an elected county supervisor in Kern County (CA), where he spearheaded the Kern County Renewable Energy Initiative and worked to facilitate the development of large solar and wind projects in California. Michael began his career in the public sector serving as Lead Director for a Healthy Start office, a non-profit agency, that provided social services to disadvantaged children and families in the Central Valley of California.
Michael attended the University of New Haven in Connecticut, graduating with honors in Criminology. Michael also completed the Senior Executives in State and Local Government Program at the John F. Kennedy School of Government at Harvard University. He was awarded the John F. Kennedy Jr. Leadership Award from the California Democratic Party and a German Marshall Memorial Fellowship from the German Marshall Fund of the United States.
The New Energy Horizon: Opportunities for Coexistence of Hydrocarbons, Renewables & Alternative Energies
In recent years, companies across the oil & gas spectrum have begun to invest in renewable energy. While some have been involved with renewables for many years, most are new to the space. Companies are taking very different approaches to their investments, but consistently these are economic decisions driven by the quickly decreasing costs of renewables. This panel will explore why companies are moving into renewable energy and what the future looks like for energy companies as the industry transitions. We will discuss a variety of technologies, from wind and solar to biofuels and electric vehicles to energy storage and talk about opportunities for oil & gas companies looking to enter this part of the industry.
Becky Diffen is a partner based in Norton Rose Fulbright's Austin office where she focuses her practice on mergers and acquisitions, joint ventures, project development, and tax equity financings of renewable energy, energy storage, power generation and transmission projects - including wind, solar, battery storage, geothermal, waste-to-energy, and other technologies. She also has experience advising clients on Texas regulatory law. Becky has over 18 years of experience in the renewable energy industry and previously worked as a utility-scale wind power developer.
Becky is a co-author of Wind Law, the first and only legal treatise focused on the wind industry. She has been recognized in Chambers USA, Law360 Rising Stars, and A Word About Wind's "Top 100 Legal Power List," amongst other honors. In 2019 she received the Clean Energy Education & Empowerment (C3E) Initiative Law & Finance Award from the Department of Energy recognizing her nationally as a top lawyer advancing innovative clean energy financing solutions.
Becky serves on the board of directors of the national Women of Renewable Industries and Sustainable Energy (WRISE) organization, as well as her work as chair of WRISE's webinar committee and co-chair of the 2021 WRISE Leadership Forum. Becky is a magna cum laude graduate of Carleton College and earned her J.D. with honors from the University of Texas School of Law, where she served as Editor-in-Chief of the Texas Journal of Oil, Gas, & Energy Law and now teaches a seminar on renewable energy law as an adjunct professor.
Meg Murphy is a Vice President of the EnCap Investments L.P. Energy Transition Fund (“EETF”). Prior to joining EETF, Ms. Murphy was a Vice President on EnCap’s oil and gas upstream investment staff where she was actively involved in the evaluation and execution of several greenfield projects, acquisitions, and divestitures across numerous portfolio companies. Prior to joining EnCap in August 2014, Ms. Murphy spent three years working in the Global Energy Investment Banking Group at Citigroup, where she focused on M&A advisory work and public capital raises. Ms. Murphy graduated summa cum laude from the University of Arizona, where she received a B.B.A. in Finance.
Barbara Burger, PhD., is Chevron’s Vice President of Innovation and President of Chevron Technology Ventures (CTV). CTV addresses Chevron’s business needs through the identification and integration of innovative externally developed technologies that strengthen Chevron’s business now and in the future.
Barbara joined Chevron in 1987 as a research chemist and has held a number of management positions across International Marketing, Chemicals, Technology Marketing, Lubricants and Technology Ventures. She serves on the Board of the Oil and Gas Climate Initiative (OGCI) Climate Investment LLP. Her many civic and industry affiliations include leadership positions with Houston Exponential, the Houston Symphony Society and the Rice University Corporate Innovation Advisory Board. Beyond Houston she serves on the leadership counsel for Cyclotron Road, the external advisory council for the National Renewable Energy Laboratory, the governing board of the MIT Energy Initiative and is a member of the MIT Visiting Committee. Burger is an active alumnus of the University of Rochester and the California Institute of Technology. She serves on Rochester’s Board of Trustees and the university’s River Campus Libraries National Council. In addition, at Rochester, she established the Barbara J. Burger Endowed Scholarship in the Sciences and founded the Barbara J. Burger iZone, where students generate, refine, and communicate ideas for social, cultural, community and economic impact. At Caltech, she supports graduate women in Chemistry that aim to contribute through careers beyond academia and serves on the Strategic Advisory Board for the Resnick Sustainability Institute.
Barbara holds a bachelor’s degree in chemistry from the University of Rochester, a doctoral degree in chemistry from the California Institute of Technology and an academic honor MBA in finance from the University of California, Berkeley.
Marc van Gerven joined Shell in 2016 and leads global onshore renewable power activities, which are core components of Shell’s integrated power strategy. Marc most recently led minority investments in US-based Silicon Ranch Corporation, a leading solar developer, owner, and operator and in Singapore-based Cleantech Solar, one of the fastest growing solar developers in Southeast Asia and India. He also previously closed a stake in Sunseap Group, one of Singapore’s largest solar firms. Marc oversees the installation and implementation of solar at Shell’s own operations facilities, the most recent at a chemical manufacturing facility in Moerdijk, NL. He opened and leads the New Energies office in San Francisco, California, where teams in renewable power, new fuels, energy solutions, digital ventures, and Shell Ventures are based.
Between 2011 and 2016 Marc held several executive roles at First Solar. He served as the Regional Vice President, Africa, Europe, and Turkey, covering business development and sales operations from offices in Germany, Turkey, Belgium, Morocco and South Africa. His responsibilities also included the incubation of new business models and market segments, the leadership of the company’s strategic marketing functions as well as the development and implementation of a global accounts sales strategy and team. He led Energy Access investments in Africa and India and served as a board member of Powerhive, an off-grid utility solutions provider and served as an advisor and early investor in Husk Power.
Before joining First Solar, Marc was Chief Executive Officer of Q-Cells North America where he built a turnkey solar power plant business in the distributed generation market serving utilities and IPP’s. He was also a founding member of Solaria, a solar technology start-up.
Earlier in his career, he was responsible for an Upstream Oil & Gas business segment at GE and spent four years with Chevron Geothermal, where he developed large scale geothermal power production projects in Asia and Latin America.
Marc currently serves on the Shell Foundation “Energy Company of the Future” advisory board and is a Board Member of the Silicon Ranch Corporation. He has previously held roles on the boards of Powerhive, Clean Energy Collective, Solar Energy Industries Association and Solar Power Europe. Marc has a PhD in Geothermal Resource Chemistry and a MSc in Geology.
The Changing E&P Business Model: The Future Isn’t What It Used to Be
Thomas E. Jorden was named President and Chief Executive Officer of Cimarex in September 2011 and Chairman of the Board in August 2012. Mr. Jorden previously served as Executive Vice President of Exploration since the formation of Cimarex in December 2003 and held that same position at Key Production Company, Inc., Cimarex’s predecessor. Prior to joining Key, Mr. Jorden was with Union Pacific Resources and Superior Oil Company. He is a graduate of the Colorado School of Mines where he earned B.S. and M.S. degrees in Geophysics. Mr. Jorden serves as Chairman of the Board of Trustees for the Colorado School of Mines. He also serves on several industry and charitable boards, including the American Petroleum Institute, the American Exploration and Production Council, and ACE Scholarships.
Election Results: Challenges and Opportunities for Our Industry
Regardless of the outcome, national elections usually pave the way for new policy challenges for America’s oil and natural gas producers. On issues ranging from energy production on federal lands to climate change, environmental regulation and energy efficiency, the 2020 elections will have a profound impact on the direction the United States takes regarding energy production, transmission and use. Elections also provide an opportunity for the industry to engage with elected officials new to energy issues and participate in a dialogue that impacts all of our lives.
This panel will discuss the issues facing American energy producers in the coming year. It will look beyond the direct impact facing the oil and natural gas industry and focus on the challenges energy policy plays on manufacturing, labor, international trade and social policy. Speakers will discuss the political situation in Washington and ways for the industry to engage with Congress and the White House on a variety of important issues.
Barry Russell is president and CEO of the Independent Petroleum Association of America (IPAA), the leading national trade association of independent oil and natural gas producers and service companies in the United States. Russell, who joined IPAA in the early 1980s, serves as the Chief Executive Officer of the association and is responsible for its day-to-day operations.
Prior to being elected President in March 2000, Russell served as Executive Vice President, General Counsel and Corporate Secretary. In this role, he was the principal deputy to the President, focusing on legislative policy development as well as the legal and financial administration of the association.
Over the last several years, Russell has worked with over thirty state and national associations to create IPAA’s grassroots network made up of over 50,000 individuals. This network helps the industry express important policy positions to Congress and Washington policymakers. In addition, Russell developed the IPAA Education Center which is dedicated to teaching students at various levels about energy policy and careers in the industry.
Mr. Russell currently serves on the board of the IPAA Educational Foundation, the Business Industry Political Action Committee, and the National Energy Education Development Project. In the past, he has served on the Board of the North American Prospect Expo (known as NAPE®), the Petroleum Technology Transfer Council and the Jefferson Energy Foundation.
In the past, he has managed IPAA’s environmental issues as one of IPAA’s registered lobbyists and served as a founding member of the Environmental Issues Council, an organization of trade associations based in Washington, D.C. In addition, he served on the committees that directed the association’s strategic planning in 1995 and 1989. He has been IPAA’s chief legal and financial officer since 1988 and an officer of IPAA’s educational foundation since its inception.
Russell began his career in the Environmental Protection Agency’s Office of General Counsel and Enforcement, where he represented EPA in civil and criminal actions against some of the nation’s largest utilities and industrial concerns. Prior to joining IPAA, Russell worked for several management consulting firms including Booz, Allen and Hamilton. During this period, he specialized in mergers, acquisitions, and corporate turnaround assignments, serving as the CEO of companies that were near bankruptcy. He was also active in international business, traveling to over 40 foreign countries during this period.
He received his law degree with honors from George Washington University Law School, and he graduated with distinction and honors from Penn State University with a B.S. in psychology and a B.A. in economics. He has also completed courses in environmental mediation and negotiation at Harvard University and MIT.
Robert "Bob" Moran is an experienced public policy executive with a demonstrated track record working within the oil and gas industry on the development, implementation and management of crisis communications, corporate social responsibility, and direct and grassroots advocacy strategies.
Bob joined FTI Consulting in Nov. 2018 as Senior Managing Director within the company’s Strategic Communications practice. He is co-chair of the government affairs practice, managing the representation of FTI clients’ legislative, regulatory and policy related matters within the federal, state, local and international political arenas.
Prior to joining FTI, he was Vice President of Halliburton’s Government and External Affairs Office, where he directed the company's global government relations activities, managed outreach to the media and trade press and advised corporate leadership on anticipated political, economic and industry trends. Prior to joining Halliburton as Director for Government Affairs in 2006, he served as Washington Representative for the American Petroleum Institute from 2001 to 2005. And he served as Director of Government Affairs for the National Ocean Industries Association from 1991 to 2001.
He has served on several association boards including the National Foreign Trade Council, USA*Engage (co-chair), the Petroleum Equipment & Services Association (Policy Committee Chair), the Executive Council of Diplomacy, the US Algerian Business Council, the US Kazakhstan Business Council, the Council for Employment Through Exports and the Business Industry Political Action Committee (BIPAC).
In 2001, he was the recipient of the Minerals Management Service's Corporate Leadership Award and, in 2007, received the Offshore Operators Committee Recognition Award. He served on the Department of Commerce’s Federal Advisory Committee on Marine Protected Areas from 2003-2006. He most recently served on the twenty-member U.S. - Mexico Energy Business Council, established in 2015 by the U.S. and Mexican governments and he chaired the Council’s Energy Working Group.
Bob graduated from the University of Miami with a BS in Marine Science, Biology & Chemistry.
Energy Transitions and COVID-19: Framing the Challenges Ahead
Kenneth B. Medlock, III is the James A. Baker, III and Susan G. Baker Fellow in Energy and Resource Economics and senior director of the Center for Energy Studies at Rice University’s Baker Institute. He is co-director of the Master of Energy Economics program and an adjunct professor in Economics and Civil and Environmental Engineering. Medlock is a Distinguished Fellow at the Institute Energy Economics Japan and on the Advisory Board of the Payne Institute at Colorado School of Mines. Medlock has published numerous scholarly articles, has testified multiple times on Capitol Hill on U.S. oil and natural gas exports and geopolitics, has spoken at OPEC, and is frequently asked to speak at venues around the world. He is a past vice president for conferences and for academic affairs of the USAEE. In 2001, he won (with Ron Soligo) the IAEE Best Paper of the Year Award in the Energy Journal. In 2011, he received the USAEE’s Senior Fellow Award, and in 2013 he accepted on behalf of the Center for Energy Studies the USAEE’s Adelman-Frankel Award. In 2012, Medlock received the prestigious Haydn Williams Fellowship at Curtin University in Perth, Australia. In 2019, he received the Lifetime Achievement Award for the Advancement of Education for Future Energy leaders by the Abdullah Bin Hamad Al-Attiyah Foundation in Qatar. Medlock is a member of the American Economic Association and is an academic member of the National Petroleum Council. He received his Ph.D. in economics from Rice University in May 2000.
New Ways to Capitalize on New Opportunities – A Silver Lining
Executive, finance and legal experts discuss upstream private debt and equity capital alternatives in these volatile times. Covering mergers, acquisitions and dispositions, private equity investment, bank finance, restructuring, and operations solutions. They will discuss in detail what private lenders/investors require, the new risk/reward equilibrium, and how this cycle differs from the 2014 and 2017 cycles.
Omar Samji is a partner in Shearman & Sterling’s Mergers & Acquisitions practice and Energy Industry Group.
His practice focuses on strategic transactions, private equity investments, joint ventures, and project development for clients in the energy industry, with a particular emphasis on energy transition, low carbon energy, energy-related infrastructure, and midstream transactions.
Omar was recognized as a “Most Effective Dealmaker” in 2020 (Texas Lawyer). Clients describe Omar as a "very measured" lawyer who delivers "fantastic results” (Chambers USA).
Luckey McDowell is a team leader of the Financial Restructuring & Insolvency practice.
With particularly deep experience representing energy sector clients, he focuses on capital restructuring for highly leveraged companies, out-of-court workouts, insolvency-specific guidance to boards, and all aspects of bankruptcy cases throughout the country. He also has extensive experience representing buy-side clients negotiating with financially distressed companies.
Within the energy industry, his clients include companies involved conventional and renewable power generation, as well as oil and gas exploration and production and oilfield services.
Bernadette Johnson serves as Vice President, Strategic Analytics for Enverus DrillingInfo and is responsible for helping to grow and expand Enverus’ analytics offerings. She joined the company through the acquisition of products and services from Ponderosa Advisors. With over 11 years’ experience in the energy industry, Bernadette has earned the reputation of industry expert with extensive experience providing crude, natural gas, and NGL fundamentals analysis and advisory services to various players in the North American and global energy markets. A regular commentator for and speaker to the energy industry, her specific market expertise spans: financial trading, production forecasts, demand forecasts by sector, infrastructure analysis, midstream analysis, storage value analysis, and price forecasts. Prior to joining Ponderosa, and now Enverus, Bernadette was Senior Research Analyst for Sasco Energy Partners in Westport, CT where she provided analytics and research support for a team of financial traders active in natural gas, power and oil futures markets. Bernadette began her career with BENTEK Energy, LLC as a Senior Energy Analyst, Natural Gas Market Fundamentals and consulting project team lead. Bernadette holds a MS Degree in International Political Economy of Resources and a BS Degree in Economics, from the Colorado School of Mines.
Chris Wagner has 30 years experience in various energy-related banking, corporate finance and advisory roles. For the past seventeen years Mr. Wagner has served as the Managing Partner of Rivington Holdings, LLC, a firm he co-founded in 2002. Based in Houston, Texas, Rivington Holdings is an independent merchant and investment banking firm specializing in private capital transactions and corporate finance advisory services within the middle market upstream energy sector. Inception to date, the firm has closed 95 capital and advisory transactions with an aggregate value of $7.8 billion.
Prior to Rivington Holdings, Mr. Wagner was a founding partner and Chief Financial Officer of Shenandoah Energy Inc., a privately held energy company with upstream and midstream operations in the Rocky Mountain region of the U.S. Shenandoah was sold in July 2001, yielding 115% IRR / 3.4x ROI to the equity holders. From 1993 to 1999, Chris was employed by ING Baring Furman Selz LLC (New York) in the Natural Resources Group. While at ING, Mr. Wagner originated and executed corporate finance and investment banking transactions within the small cap upstream energy space. Prior to ING, Chris worked in the Petroleum & Minerals group of First City, Texas in Houston.
Mr. Wagner currently serves on the Board of Managers for Larchmont Resources, LLC, a private, institutionally backed independent producer with interests in > 2,500 producing wells located in seven states. Additionally, Mr. Wagner serves on the Advisory Council for the Department of Economics at The University of Texas at Austin.
Mr. Wagner received a B.A. in Economics from the University of Texas at Austin.