Self-study: How Will Mexico Restructure Its Energy Industry?

Based on live webinar of July 9, 2014

This course provides insights into the economic pressures that Mexico is facing and why they need to restructure their entire energy industry. The speakers explore how Mexico will regulate and manage the new open environment. They also examine proposed profit sharing mechanisms and take a close look at concerns about doing business in a country where corruption is perceived as an ongoing, widespread problem.

Learning Objectives
After completing this program, participants will be able to:

1. Discuss economic pressures and major factors impacting Mexico’s energy industry and creating a need for restructuring.
2. Explain how Mexico will likely regulate and manage the new open environment.
3. Describe the typical production sharing arrangement between a foreign oil company and the host country.
4. List and explain proposed profit sharing mechanisms and contract issues to consider.
5. Discuss concerns—including FCPA, land rights, transfer pricing, security and others—about doing business in an environment where corruption is perceived as an ongoing, widespread problem.

Instructors

Loretta Cross, CIRA, CDBV—Managing Director and leader of Energy Practice, Stout Risius Ross, LLC. Ms. Cross has more than 30 years of experience in audit, strategic planning, operational efficiency, and financial consulting. Loretta is a recognized expert in the energy field and has advised some of the nation’s largest energy companies including NRG, Plains All American Pipeline and BP. Prior to joining SRR, Loretta was a Managing Partner at Grant Thornton where she led both the Energy Advisory Practice and the Corporate Advisory and Restructuring Services Practice.

Mark Patten—President, McKinnon Patten. Mark focuses on tax planning and strategies for small to mid–size owner operated businesses and high net worth individuals. He also specializes in business valuation for purposes of tax planning and strategic transactions. Mark is a CPA licensed in Texas with ABV and CFF designations. Mark has an MBA with concentration in Finance from Duke University and a BBA in Accounting from the University of Houston.

Raul Rodriquez —Analyst with SRR’s Valuation & Financial Opinions Group. Raul previously was a graduate student at Southern Methodist University where he was a research assistant in the University’s energy research institute. He also worked as an analyst and intern at boutique investment banks where he gained experience in the energy and healthcare industries. Raul is fluent in Spanish and holds a B.B.A. in Finance from the University of Notre Dame.