Ninth Annual
OKLAHOMA STATE UNIVERSITY
ENERGY CONFERENCE
THE CURRENT ENERGY PRICE ENVIRONMENT:
WHERE DO WE GO FROM HERE?
WEDNESDAY, MAY 20, 2015
COX BUSINESS CONVENTION CENTER - OKLAHOMA CITY
Offered by the Department of Finance and the Center for Executive and Professional
Development in the Spears School of Business at Oklahoma State University
in association with NGEAO
Ninth Annual
OKLAHOMA STATE UNIVERSITY
ENERGY CONFERENCE
THE CURRENT ENERGY PRICE ENVIRONMENT:
WHERE DO WE GO FROM HERE?
COX BUSINESS CONVENTION CENTER - OKLAHOMA CITY
8:00 a.m. Registration & Continental Breakfast
9:00 a.m. Welcome
Dean Ken Eastman, Spears School of Business, Oklahoma State University
Moderator: Griff
Jones, President and Chief Executive Officer, Twin Eagle Resource Management, LLC, Houston, TX
9:15 a.m. Examining Crude Oil Prices: Future Implications for the Refining and Chemical Industry
The declining oil prices will unquestionably have a dramatic impact on numerous industries including petrochemicals
and refining. Why has the crude oil price dropped so rapidly? What is the outlook going forward? What are the
impacts to the shale revolution, the petrochemical industry and the U.S. manufacturing renaissance?
Karl Schmidt, General Manager Petrochemicals and Lubricants, CITGO Petroleum, Houston, TX
9:50 a.m. Capital Availability in an Uncertain Environment
A review of the current energy capital market environment with a focus on alternative capital providers.
Dwight Scott, Senior Managing Director, GSO Capital Partners – Blackstone, New York, NY
10:25 a.m. Break
10:45 a.m. Horizontal Drilling – At the Crossroads of Technology and Regulation – Looking Back to Go Forward
In 2012 horizontal completions surpassed non-horizontal completions for the first time in Oklahoma’s long history of
oil and gas production. Operators developing resource plays in the State are grappling with a challenging economic
environment in addition to evolving regulations. Learn the latest from the Oklahoma Corporation Commission, the
agency that regulates all drilling and development in Oklahoma.
Dana L. Murphy, Commissioner, Oklahoma Corporation Commission, Oklahoma City, OK
11:20 a.m. The State of the Service Industry: Where Did We Come From and Where Are We Going?
An examination and discussion of the evolution of oilfield service companies throughout the peaks and valleys of the
industry’s cycles.
Jerry Winchester, Chief Executive Officer, Seventy Seven Energy, Oklahoma City, OK
Noon
Luncheon
1:05 p.m. Innovating for Tomorrow
In recent years, technology and innovation have enabled access to unprecedented new supplies of oil and natural gas.
Through the Oil & Gas Technology Center, GE is developing the technologies that will enhance operational profitability
today and is innovating the technologies that will replace resources for the future.
C. Michael Ming, General Manager, GE Oil & Gas Technology Center, Oklahoma City, OK
1:55 p.m. Break
2:15 p.m. Industry Panel-The Current Energy Price Environment: Where Do We Go from Here?
Jason Pigott, Executive Vice President – Operations, Southern Division, Chesapeake Energy Corporation,
Oklahoma City, OK
John Hart Senior Vice President, Chief Financial Officer and Treasurer, Continental Resources, Oklahoma City, OK
Kevin Lafferty, Vice President for Strategic Planning, Devon Energy Corporation, Oklahoma City, OK
3:30 p.m. Adjourn
SESSION SPEAKERS
Ken Eastman, Ph.D.
Dr. Kenneth K. Eastman is the
Dean for the Spears School of
Business. His research interests
are mainly in the areas of
leadership, extra-role behaviors,
and organizational politics.
John Hart
C. Michael Ming
John D. Hart serves as Senior
Vice President, Chief Financial
Officer and Treasurer for
Continental Resources,
Inc. (NYSE: CLR), a Top 10
independent oil producer in
the United States and a leader in America’s
energy renaissance. Prior to joining Continental
Resources in 2005, John was a Certified Public
Accountant and auditor with accounting firms
Arthur Anderson and Ernst & Young. He is a
graduate of Oklahoma State University with
a Masters in Accounting and undergraduate
degrees in Finance and Accounting.
C. Michael Ming currently
serves as the General
Manager of General
Electric’s Global Research
Oil & Gas Technology Center
in Oklahoma City. He
formerly served as the Oklahoma Secretary
of Energy under Governor Mary Fallin.
He holds a BS degree with distinction in
Petroleum Engineering and an MS degree
in Engineering Management, both from
Stanford University, and is a Registered
Professional Engineer in Oklahoma.
Dana Murphy
Griff Jones
Griff Jones co-founded Twin
Eagle Resource Management,
LLC, and serves as its
President and CEO. Jones
graduated from Oklahoma
State University in 1991 with a
B.S in Finance.
Kevin Lafferty
Kevin Lafferty holds the
position of vice president
of Strategic Planning for
Devon Energy. His teams
are responsible for corporate
development and strategy,
market intelligence, management of Devon’s
portfolio of opportunities, long range planning,
capital allocation, budgets and reporting.
Altogether, Lafferty has more than 17 years of
experience in commercial, technical, financial
and leadership positions within the oil, natural
gas, midstream and chemicals industries.
Elected in 2008 and 2010,
Oklahoma Corporation
Commissioner Dana
Murphy has 22-plus years of
experience in the petroleum
industry as a geologist. Prior
to her election, she owned
and operated a private law firm focused
on oil and gas title, regulatory practice and
transactional work, and previously served as an
administrative law judge for the Commission.
Jason Pigott
Mikell J. “Jason” Pigott was
appointed Executive Vice
President - Operations,
Southern Division in
January 2015. Before joining
Chesapeake in August
2013, Mr. Pigott worked at Anadarko Petroleum
Corporation, where he served as General
Manager for its Eagle Ford team from June
to August 2013 and the General Manager for
the East Texas and North Louisiana team from
October 2010 to June 2013.
Karl Schmidt
currently serves as General
Manager, Petrochemicals
and Lubricants for CITGO
Petroleum. He has served in
various operations, planning,
and supply chain roles in the
corporate office and the Lake Charles
Manufacturing Complex.
Dwight Scott
is a Senior Managing Director
of Blackstone and Head of
GSO Capital Partners’ Energy
Practice. Mr. Scott is a member
of GSO’s Investment Committee
and the Investment Committee
for Tactical Opportunities.
Jerry Winchester
Jerry Winchester, President
and Chief Executive Officer,
leads the frontline of one of
the fastest growing oilfield
services companies in the U.S.
In 2011, Chesapeake Energy
Corporation appointed Winchester as the first
President and CEO of Chesapeake Oilfield
Services. Well-equipped with over 30 years of
industry experience, Winchester primed the
subsidiary for a strategic spinoff. In 2014, he
transitioned to President and CEO of Seventy
Seven Energy. Winchester graduated from
Oklahoma State University with a Bachelor of
Science degree.
GOLD SPONSORS
SILVER SPONSORS
Oklahoma State University, in compliance with Title VI and VII of the Civil Rights Act of 1964, Executive Order 11246 as amended, Title IX of the Education Amendments of 1972, Americans with Disabilities Act of 1990, and other federal laws and regulations, does not discriminate on the basis of race, color, national origin, sex, age, religion, disability, or status as a veteran in any of its policies, practices or procedures. This includes but is not limited to admissions, employment, financial aid, and educational services. Title IX of the Education
Amendments and Oklahoma State University policy prohibit discrimination in the provision of services or benefits offered by the University based on gender. Any person (student, faculty or staff) who believes that discriminatory practices have been engaged in based upon
gender may discuss their concerns and file informal or formal complaints of possible violations of Title IX with the OSU Title IX Coordinator, Dr. Carolyn Hernandez, Director of Affirmative Action, 408 Whitehurst, Oklahoma State University, Stillwater, OK 74078, (405) 744-5371
or (405) 744-5576 (fax). This publication, issued by Oklahoma State University as authorized by the dean of the Spears School of Business was printed by University Printing for 2,000 copies at $???. | 03/??
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If ten or more register from the same company, $250 per person.
$275: Includes 1 registration to the OSU Energy Conference and open seating at the luncheon.
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Individual Level Registration includes digital materials, continental breakfast, break refreshments and the luncheon.
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conference materials and on the OSU CEPD web site. Please make check payable to OSU Foundation.
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$2,750: Includes 5 registrations to the OSU Energy Conference, an assigned table at the luncheon,
Name of Sponsor:______________________________________________________________
Yes! I wish to be a silver sponsor of the OSU Energy Conference. - Oklahoma City, May 20, 2015
Silver Sponsor $2,750 (Deductible $825 | Non-Deductible $1,925)*
and on the OSU CEPD web site. Please make check payable to OSU Foundation.
to the sponsor breakfast, an exhibit booth at the conference (optional), and recognition in conference materials
$4,000: Includes 10 registrations to the OSU Energy Conference, a reserved table at the luncheon, 4 registrations
Name of Sponsor:__________________________________________________________________
Yes! I wish to be a gold sponsor of the OSU Energy Conference. - Oklahoma City, May 20, 2015
Gold Sponsor $4,000 (Deductible $900 | Non-Deductible $3,100)*
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REGISTER Toll Free 1-866-678-3933 | Phone 405-744-5208
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OKLAHOMA STATE UNIVERSITY ENERGY CONFERENCE
Center for Executive and Professional Development
Spears School of Business
Oklahoma State University
215 Business Building
Stillwater, OK 74078
Ninth Annual
OKLAHOMA STATE UNIVERSITY
ENERGY CONFERENCE
WEDNESDAY, MAY 20, 2015 - 8:00 A.M. TO 3:30 P.M.
COX BUSINESS CONVENTION CENTER - OKLAHOMA CITY