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EXPLORATION, TECHNOLOGY AND BUSINESS

Finding Petroleum conference – London January 20-21 2010

Exploration, Technology and Business is an event about the best places to find oil and gas, the best technology to use and how to make the finances add up.

The event will share highly accurate and useful business information - exciting exploration hot spots, new technologies and financial techniques.

It is designed to be as accessible as possible, whatever your background.

London is home of some of the world's most technologically advanced and innovative independent oil and gas companies, geophysicists and financial people - working together to push the frontiers in oil and gas exploration.

You can join them, meet them and share their knowledge - at the London Finding Petroleum Exploration Technology and Business Conference on Jan 20-21.

Over 135 delegates registered so far - including BP, Shell, GDF Suez, Gulf Keystone Petroleum, Caithness Petroleum, Vegas Oil and Gas, Blackstairs Energy, Sterling Energy, Northern Petroleum, Tullow Oil, Qatar Petroleum International, Schlumberger, Halliburton, PGS, Bayern LB, TGS Nopec, Fidelity International, Société Générale and Standard Chartered Bank.



MESSAGE FROM CONFERENCE PRODUCER DAVID BAMFORD

Speakers Include
Angus McCoss, Exploration Director, Tullow Oil - on Tullow's recent successes in Ghana and West Africa
Chris Matchette-Downes, VP Business Development, East Africa Exploration, on his company's opportunities in East Africa and the Western Indian Ocean
Neil McMahon, Senior Analyst, Bernstein Research, one of Wall Street's "premier sell-side research firms", on exploration hotspots around the world and which companies are winning the global exploration race
The conference director and moderator is David Bamford, a non executive director of Tullow Oil and a past head of exploration and head of West Africa with BP
Click for full list...
Exploration in the future will take us to tougher areas, more complex geology, more difficult reservoirs and, unless we are very smart, much higher finding costs.

It would be wrong, ironic and a great shame if, as companies increased expenditures coming out of the current downturn, they find less barrels and molecules due to tough problems and rampant oil field service prices.

Our conference will reflect that innovation, the exercise of knowhow and the smart application of technology, are all alive and kicking in the world of exploration and there have been some noticeable successes, such as the Balmer Basin of Rajasthan, the Lower Tertiary of the Deep Water Gulf of Mexico, the Albertine Basin of Uganda, the sub-salt of the Santos Basin, Brasil, deep water Angola, in the Jurassic of the southern end of the West Siberia Basin chasing unconventional gas onshore in the USA.

We will emphasise new technology - methods which are already providing results in the oilfield - looking for stories about what people have done, how they did it and what they will do next, and the oil operators, service companies and suppliers behind it.

We'll examine an interesting business outcome, the apparent sub-plot of the relative failure of the majors to participate in all of this and their possible replacement at the ‘cutting edge’ of exploration by the likes of Petrobras & BG, Cairn Energy, Tullow Oil, Anadarko Petroleum, and a host of small companies in the USA.

If we separate out 'true' new exploration the independents seem to be in the driving seat and coming up with some really innovative plays, while the Majors plug away in more appraisal based activities in the large basins; the business issue is that the latter then risk losing the plot on mid term organic growth.

We'll encourage minimal use of technical jargon, so that people from different disciplines can easily share their experiences and views.

The conference is supported by an online social network at network.findingpetroleum.com, where you can contact other speakers and delegates publicly and privately, blog about your experiences and share photos, videos and powerpoints.

I look forward to seeing you there,



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