"Navigating Through a Sea of Oil: Impacts of Declining Oil and Gas Prices"

TIME: 1:00 – 2:00 pm Eastern (10:00 – 11:00 am Pacific)
DATE: Wednesday, July 8, 2015

Program
Description

Some forecasters believe the oil and gas supply imbalance will begin to improve in the fourth quarter of 2015 or early 2016. But this outlook is not very comforting to a large number of oil and gas exploration and production companies or those in the oilfield services space. The current scenario is especially difficult for companies that are highly leveraged and inadequately hedged.

Presented by Jerome P. Loughren, Dennis M. Ulak, and Ray Mettetal III—directors with Huron Business Advisory—this webinar program will cover:

  1. Current state of oil and natural gas markets
  2. How we got here
  3. Past cycle times
  4. Predicting the future - near term and intermediate
  5. Specific impact on E&P OFS and OEM segments
  6. Likely restructuring or stress triggered events
  7. Proactive steps being taken by operating companies
  8. How an advisor can help affected companies

*Note: E&P (exploration production), OFS (oilfield services), OEM (oilfield equipment manufacturers)

Panel

Jerome P. Loughren
Senior Director| Huron Business Advisory
Jerry has more than 30 years of senior management, sales, and restructuring experience in capital goods. He has served as chief restructuring officer (CRO), chief operating officer (COO) and chief executive officer (CEO) and has demonstrated proven talent for improving bottom line growth through aggressive sales and marketing, operational improvements, and cost reductions. Jerry has created growth and shareholder value in the oilfield services, rental, manufacturing, distribution, construction equipment, and steel sectors.
Dennis M. Ulak
Senior Director | Huron Business Advisory
Dennis has more than 35 years of experience in organizing and leading teams to invest and manage both upstream, midstream, oil field services, and related infrastructure investments.
Ray Mettetal III
Director | Huron Business Advisory
Ray has more than 10 years of experience in corporate finance where his responsibilities have ranged from corporate financial planning, forecasting and budgeting, through strategy development, valuation, merger, acquisition, and divesture analysis and transactional due diligence. Ray has been involved in the valuation, modeling, analysis and due diligence of more than $15 billion of energy transactions.
Date/Time Wednesday, July 8th, 2015—1:00-2:00 pm Eastern (10:00-11:00 am Pacific)
Learning
Objectives
Price $65
Group rate is available with advance registration of five or more participants from the same firm–contact Elysia Harland at (541) 858-1665 before 2:00 pm PT on the day prior to the webinar.
CPE Credit 1 Credit; Field of study—Specialized Knowledge
Program Level Basic—Most beneficial to CPAs and other financial advisors new to a skill or attribute, including individuals at staff or entry level in an organization as well as seasoned professionals who desire increased knowledge in the subject matter.
Prerequisites None
Advance Prep None
Format The program will be delivered as a group-live internet-based session ("webinar").
Additional Info Online registration and payment of fee must be completed in advance. Registrants will receive confirmation email with instructions and call in information to login for the program. Presenters' PowerPoint slides for reference during and after the presentation will also be provided via email.

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Refunds and cancellations

Refunds and Cancellations Policy—webinar: Cancellations made 3 or more days prior to a webinar are eligible for a refund, minus a $25 cancellation fee. No refunds will be given less than 3 days prior to a webinar; however, you may transfer your registration to another webinar within 1 year of the original webinar without penalty. Please call (541) 858-1665 to schedule a makeup webinar.

Questions and complaint resolution

For assistance or questions regarding refund, complaint and/or program cancellation policies, please contact our offices at 541.858.1665. For resolution of any complaint participants may contact Grant Newton, Executive Director, at the above number or by email to gnewton@aira.org

National Registry of CPE Sponsors

Association of Insolvency & Restructuring Advisors (AIRA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) for group training on the National Registry of CPE Sponsors.

NASBA CPE Credits are made available and awarded for AIRA group training that complies with the Statement on Standards for CPE Programs. In accordance with these Standards, relevant group training details are disclosed to learners in advance via email invitations, registration websites, or other similar advance announcements.

AIRA’s CPE Sponsor ID Numbers:

  • NASBA National Registry: 103243
  • Texas State Board of Public Accountancy: 003242

Complaints regarding NASBA National Registry CPE Sponsors may be submitted to NASBA via their website, NASBARegistry.org. State boards of accountancy have final authority on the acceptance of CPE Credits for Certified Public Accountants (CPAs).