NETWORKING WELCOME BREAKFAST
THE WELLS MAY BE FLUSH WITH OIL, BUT HAVE THE RETURNS MATERIALIZED YET?
● How long before producers will start to see a return on their investments?
● Are the midstream projects in storage and transport keeping up with the desire to explore further fields?
● Are producers eyeing certain fields with hesitation because of complexities around environmental issues?
● Have producers adapted to the possibility of medium-term low prices?
NETWORKING COFFEE BREAK
WILL UNCONVENTIONALS BE MET WITH AS MUCH SUCCESS AS CONVENTIONALS?
● What are some of the deeper political complexities of onshore drilling and can they be overcome? What incentives does the government need to offer to make unconventionals attractive to investors?
● Did rounds 2.2 and 2.3 give domestic confidence that they can compete in a post-reform world?
● Will onshore projects be relegated to certain regions because of local politics?
● Is fracking a realistic possibility for onshore drilling?
HOW WELL HAVE GOVERNMENT DEPARTMENTS BEEN AT REDUCING RED TAPE?
● Have timelines been shortened for administrative processes and approvals?
● Are agencies sharing information with one another in order to reduce duplicity of administrative work?
● Has transparency been present between government agencies and the private sector?
● Does the industry feel confident about working with government agencies and that their best interests are being looked after?
ARE THERE WINNERS AND LOSERS IN UNITIZATION AGREEMENTS?
● Are smaller players protected in joint development agreements?
● Is the process fraught with red tape, or is it straightforward and not expected to cause major delays in production?
● How common are these types of developments expected to be?
NETWORKING COFFEE BREAK
HOW CAN PRODUCERS ACHIEVE OPERATIONAL EFFICIENCY AND MARGIN PRESERVATION WHILE OIL AND GAS PRICES REMAIN LOW?
● Will we begin to see buyouts of fields by larger players over time if prices stay low over the medium term as a means of portfolio management?
● Does outsourcing and a reduction of non-core activity expenses make sense to provide relief in operational costs?
● Have we reached the point where more technology will no longer improve upon marginal savings in production costs?
● Will the Ministry of Finance and CNH be ready to process cost recovery when production ramps up?
WHAT IMPACT WILL THE 2018 PRESIDENTIAL ELECTION HAVE ON THE ENERGY REFORM?
● Are international companies being more cautious with their investments in the run-up to the election?
● How much change in the reforms could a new administration bring about?
● What would the economic effects of major changes be?
● How do current bid winners feel about the upcoming elections, and are they doing anything anything differently in preparation for the July 1 date?