Energy Valuation Conference
Recap of 2018 ASA Houston Energy Valuation Conference
(L to R): Jesus Rios Jr., Carol Akers Klug, Oliver Warnke, Laurie-Leigh White.
The Houston Chapter’s 2018 Energy Valuation Conference on May 3, 2018 presented a comprehensive overview of valuation issues in the energy industry, including 3 M&E speakers, 6 BV speakers, and a geo-political economist as lunch speaker.
- Topics covered all aspects of o/g valuation, including Permian Basin asset development activity, mineral & royals valuation issues, a Big 4 discussion panel on financial reporting in valuations, state of the LNG market, upstream valuations in US onshore unconventional shale, midstream valuations, and oilfield services & equipment - M&A and valuation trends.
- Attendees were 15% from the energy industry, 25% worked in investments, 40% worked at large accounting firms, and 20% worked at valuation consulting firms. About ⅓ of the valuation professionals practice in the M&E discipline, and ⅔ in BV. About 10 attendees flew in from NJ, PA, MN, OK, IL, and Colorado, and 22 Texans came from beyond 120 miles of Harris County.
- The Federal Reserve Bank of Dallas building in Houston provided an elegant setting, complete with Fort Knox security, and local artists’ paintings. Food included a continental breakfast, break-time snacks, Tex-Mex lunch, pasteries, and a Texas-style after-conference cocktail party complete with Chivas Regal and hot appetizers.
- It was a real team effort for Houston’s Chapter: The EVC Planning Committee members secured 8 sponsors who provided start-up capital for benefits; we published a brochure featuring sponsors; sent e-invites to industry companies, investment associations, industry associations, chapter members, region 3 members, prior attendees, and friends; EVC worked closely with our FRB caterer & liquor vendor & printer; our chapter officers were fully engaged updating the website, reporting PayPal attendees, and inviting members.