Post Tagged with: "investor presentation"

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

EnerCom Dallas E&Ps are positioned for whatever 2019 offers up The 2019 EnerCom Dallas oil and gas investor conference, which is taking place 48 stories above the streets of downtown Dallas this week, presented oil and gas producers and institutional investors a terrific view of some extra thick Texas-sized fog on Wednesday, along with a diversified group of presenting companies in U.S. shale basins, the Gulf of Mexico and Latin America. EnerCom CEO Glen Parrott opened the conference with a look back through the morning fog at 2018 and a view ahead of what the industry has in store for 2019. In a section of his talk entitled “Downturns Then and Now,” Parrott pointed out how drilling and completions technologies have allowed rig counts to decline by 40% compared to pre-2014 downturn levels, and yet in 2018 the industry was still able to generate new production. Parrott said, 729 rigs[Read More…]