Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )

Tony Best, President and Chief Executive Officer, Wade Pursell, Executive Vice President and Chief Financial Officer and Jay Ottoson, Executive Vice President and Chief Operating Officer at SM Energy Company (SM) presented today at EnerCom’s The Oil & Gas Conference® 17. SM Energy Company is an independent energy company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids in onshore North America. SM Energy routinely posts important information about the Company on its website.

During the company’s breakout session, management was asked the following questions:

  • How have you been able to quickly react to declining gas prices?
  • In the Bakken, can you tell us about your costs and how much SM is going to save through pad drilling?
  • Can you give a little more insights as to the economics surrounding the Gooseneck?
  • What motivated you to go after the Mississippian as opposed to the Cline in the Midland Basin?
  • Where do you expect your company to be in three years?
  • Does lowering of costs help your ability to grow at a quicker pace?
  • What are you seeing for IPs in the Granite Wash?
  • Do you have any long-term concerns with NGL pricing streams?
  • What are your return economics?
  • When do you think you can share an estimated location map of wells in the Mississippian?
  • Has anyone horizontally tested the Mississippian?
  • Can you tell us a bit more about your price deck for 2013 and your hedging strategy?
  • How has volatility in commodity prices affected your capital expenditures?
  • With the recent drought that the country is seeing, what sort of water issues are you facing?
  • Do you know why Anadarko is accelerating their infrastructure?

Click here for SM Energy’s webcast.

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. The company or companies covered in this note did not review the note prior to publication.