Attendees from North Dakota to Colorado Gather to Discuss
the Latest Efficiency-Driven Technologies & Strategies
This March, hundreds of oil and gas professionals, over two dozen executive-level speakers and hundreds of exhibitors converged in Denver to spend two days exploring the latest efficiency-focused technologies and strategies saving producers throughout the Rockies and Northern Great Plains valuable time and money.
The event's world-class speaker lineup featured leaders from the most-active producers in the region, including Whiting Petroleum, Oasis Petroleum, Hess Corporation, Laramie Energy II LLC, WPX Energy and others. Karl Rove, former advisor to President George W. Bush, Fox News and Wall Street Journal contributor, and bestselling author delivered a special Presidential Election Luncheon address, sharing a political insider's look at how the 2016 race for the Whitehouse is shaping up.
This year, Hart Energy renamed the event from DUG Bakken & Niobrara to DUG Rockies to showcase a broader geographic focus in the conference agenda. Hart Energy also launched the all-new Technology Showcase on the exhibition floor. Top technology providers presented the latest solutions with case studies and live demonstrations.
The conference may be over, but the conversation isn't! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too.
Be sure to save the date for DUG Rockies 2017, scheduled to return to the Colorado Convention Center in Denver, March 15-17, 2017.
President and COO Hess Corp.
Chairman, President and CEO Whiting Petroleum Corp.
Vice President, Resource Development, Continental Resources Inc.
CEO Centennial Resource Development
Chairman Petrie Partners
President & COO Oasis Petroleum Inc.
Chief Technical Advisor Halliburton
Senior Vice President and Chief Operating Officer, WPX Energy, Inc.
Former Deputy Chief of Staff and Senior Advisor to President George W. Bush
Chairman & Chief Executive Officer Laramie Energy II LLC
Director of Sales and Marketing Magnum Oil Tools International, Ltd.
Vice President, U.S. Development & Geosciences Enerplus Resources (USA) Corp.
Vice President Tallgrass Energy Partners LP
Germany's Fracking Limits Will Ban The Process From Clay Formations Germany imposed limits on fracking on June 24, dealing a blow to efforts to develop shale gas. Under legislation passed by its lower house of Parliament, fracking will be banned in clay formations, which typically lie between 1,000 meters (m) and 2,500 m deep.Scientific test drilling will be allowed, but only with the permission of the relevant state government and under the watch of independent experts.Fracking for deep-lying or "tight" gas, typically 4,000 m to 5,000 m deep, which has been done for more than 30 years in Germany, will continue, but under more stringent regulation.
Lilis Closes Merger With Brushy Resources Denver-based Lilis Energy Inc. closed its merger with San Antonio-based Brushy Resources Inc., the company said June 24. The company also filed for relisting on the NASDAQ stock exchange.In connection with the merger, Lilis completed a substantial recapitalization by which it completed a private placement of preferred stock for gross proceeds of $20 million, converted its outstanding shares of Series A preferred stock, outstanding debentures and some outstanding convertible notes, and also executed a reverse stock split.Lilis said that these transactions strengthened the balance sheet and focused the company on its Delaware Basin acreage. There, the company has 3,458 core net acres with more than 500 multistack potential drilling locations including 320 in the Wolfcamp Formation.