The phenomenal growth of the oil and gas industry is creating an impressive flow of new business opportunities.
Woodland Hills, CA (PRWEB) September 25, 2012
Infocast, the leading business intelligence and networking events producer in the oil and gas industry, has announced its Oil and Gas Finance Tutorial to be held on October 29-31, 2012 in Houston, TX.
The phenomenal growth of the oil and gas industry is creating an impressive flow of new business opportunities. While large U.S. oil and gas companies reinvested about 166 percent of their net revenues into acquiring new reserves and production in 2010, last year's plowback percentage is estimated to be 114 percent.
A plowback percentage of more than 100 percent is an indication that oil and gas companies enjoy easy access to credit, a condition that didn't exist in the recession years of 2007, 2008 and 2009. Yet, persistently weaker natural gas prices may cause some firms with large gas holdings to lose access to capital if banks decide to revise their creditworthiness.
Infocast’s Oil and Gas Finance Tutorial consists of two in-depth courses to provide industry professionals with thorough and up-to-date knowledge of the financing techniques employed today in oil and gas financing. The programs will also provide the practical information and guidance needed to secure the right funding for an organization’s growth.
Hear from active market participants including: Akin Gump Strauss Hauer & Feld LLP, Comerica Bank, EnCap Investments L.P., Muse Stancil, The Carlyle Group and Wells Fargo Energy Group.
For more information, to register for the event or to join as a sponsor, visit the event website at http://www.infocastinc.com/oilgasfinance12, or contact Infocast Events at 818-888-4444.
For over 25 years, Infocast has produced the highest quality events, tailored to the needs of the industries we serve. We intensively research the marketplace, pulling from an extensive network of experts to give you the information and connections to succeed.