Russia & the FSU

- plenty of opportunities below ground, plenty of problems above ground! 0

Tuesday, June 18, 2013, London, Royal Society of Chemistry

Below ground, Russia and the FSU provide fantastic opportunuties, ranging from the effectively unexplored Arctic offshore of Russia, to the opportunities to explore onshore with new technologies, and to achieve enhanced production in existing fields via the application of existing technologies. So much to do and so many places to do it!

Above ground, so many issues, so many barriers, so many frustrations!

In this Forum, we will address three questions:

  1. Where are the best opportunities?
  2. What are the problems?
  3. Can we operate and work there?

Please join us on June 18th.

Agenda

9:00 Arrivals and Registration. Tea & Coffee

9:30

David Bamford - Director - Finding Petroleum

Chairman's Introduction



David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.
9:35

Oswald Clint - Senior Analyst - Bernstein Research

Production & Exploration Performance in Russia & the FSU


Dr Clint joined Sanford C. Bernstein in 2004 and was part of the Energy Team with Neil McMahon covering the Global Integrated Oil sector.

Currently he is the Senior Research Analyst covering the European E&P and Russian Oil & Gas sectors. The Bernstein Energy franchise has become well known due to both the provocative commentary on the commodities and oil stocks, as well as the innovative research that forms the core of their frequent publications. Previously, he worked as an accountant and consultant for KPMG covering energy, gas, and chemical sectors. Dr Clint received his PhD in Geophysics from University College London where he specialised in sub-surface rock physics and is also a Chartered Accountant.

Bernstein Research
Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.
10:05

Julian Lee - Senior Energy Analyst - Centre for Global Energy Studies

The Geopolitics!


Specialist in oil market analysis, Russia, the Caspian Sea and West Africa, producing major studies on the oil and gas industries of these regions. Julian is also Deputy Editor of the Global Oil Report.

Julian holds an MSc degree in operational Research from the London School of Economics, is a member of the editorial committee of ‘Geopolitics of Energy’ and is also BP Professor at the Moscow School of Management Energy Centre, Skolkovo.

Centre for Global Energy Studies
Founded in 1990 by His Excellency Sheikh Ahmed Zaki Yamani the Centre for Global Energy Studies (CGES) is a non-profit think tank, specialising in oil market analysis and forecasting, and the economics and politics of energy.

As energy analysts our task is to understand a complex reality, to simplify a confusing picture, to deconstruct the energy market into its constituent parts and reassemble them in such a way as to form a coherent narrative.
10:45 Tea & Coffee

11:20

Thomas Jewell - Exploration Insights Champion - Middle East, Europe, Eurasia & Africa - Landmark Exploration Insights

Basins and plays along Russia's Arctic margin


Thomas Jewell joined Neftex in early 2011 as a geoscientist in the North American Arctic team. Following this, he joined the Eastern Former Soviet Union team and is now the Product Manager and is tasked with leading the geoscience of the region.
Thomas has a 2.1 MSci degree in Geology and Geophysics from Imperial College London. His thesis focussed on whether fluvial style and architecture can be predicted by current sequence stratigraphic models.

Landmark Exploration Insights
Landmark Exploration Insights (formerly Neftex), is a product family within Landmark, a business line of Halliburton. We specialise in the collation, integrations and interpretation of large geoscience dataset and the delivery of these as subsurface models. We are recognised as industry leaders in the provision of web-based sequence stratigraphic products and their global application. Our integrated global geological database - the Neftex Earth Model delivers data, knowledge and insight to help our clients better understand geological risk in their exploration and investment activities.
12:00

Iain Pyle - Senior Research Associate - Bernstein Research

Russian Oil Production - Winners & Losers


Bernstein Research
Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.
12:10

Rosemary Johnson Sabine - VP Exploration - Tethys Petroleum Limited

Russia and the FSU


Tethys Petroleum Limited
Tethys Petroleum Limited is an oil and gas exploration and production company currently focused on Central Asia with projects in Kazakhstan, Tajikistan and Uzbekistan. It is the only independent oil and gas company operating in all three Republics.

Tethys Petroleum is a public company with its primary listing on the main board of the Toronto Stock Exchange ("TSX") - the world's largest exchange for oil and gas companies, and a secondary listing on the main market of the London Stock Exchange (LSE). The Company is also listed on the Kazakhstan Stock Exchange ("KASE") in Almaty.
12:20

Julian Lee - Senior Energy Analyst - Centre for Global Energy Studies

Russia and the FSU


Specialist in oil market analysis, Russia, the Caspian Sea and West Africa, producing major studies on the oil and gas industries of these regions. Julian is also Deputy Editor of the Global Oil Report.

Julian holds an MSc degree in operational Research from the London School of Economics, is a member of the editorial committee of ‘Geopolitics of Energy’ and is also BP Professor at the Moscow School of Management Energy Centre, Skolkovo.

Centre for Global Energy Studies
Founded in 1990 by His Excellency Sheikh Ahmed Zaki Yamani the Centre for Global Energy Studies (CGES) is a non-profit think tank, specialising in oil market analysis and forecasting, and the economics and politics of energy.

As energy analysts our task is to understand a complex reality, to simplify a confusing picture, to deconstruct the energy market into its constituent parts and reassemble them in such a way as to form a coherent narrative.
12:30

Multiple - - Panel Discussion

New Eyes' Panel Discussion - which companies are "winning" in Russia & the FSU, and how's it done? Click on '+' for details.

Talk Description.
This discussion will feature short (8-10 minute) presentations from our panellists, who will include:
Alliance Bernstein (Iain Pyle, Research Analyst)
Tethys Petroleum (Rosemary Johnson Sabine, VP Exploration)
Centre for Global Energy Studies (Julian Lee)

followed by a Q&A session, lead by our chairman but relying on audience participation!
Used for panel discussions

Panel Discussion
This is part of our agenda where Finding Petroleum has a panel discussion.
13:00 Raffle prize draw and Lunch & Refreshments

Sponsors of this event

Bernstein Research
Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.

TGS
TGS is the world's largest geoscience data company, known for its asset-light, multi-client business model and global data library. Our primary business is to provide geoscience data to energy companies worldwide. We offer extensive global libraries that include seismic data, magnetic and gravity data, multibeam and coring data, digital well logs and production data. Additionally, the company offers advanced processing and imaging services, interpretation products and data integration solutions.

Esanda Engineering
Esanda Engineering is a London based technical consultancy to the E&P industry working internationally. We specialise in delivering full field development planning, lifecycle cost estimating and economic analysis.

In addition to these services we have been providing industry related training for over 15 years to E&P companies and NOCs such as Lukoil, Eni, Kazmunaigas, INOC, JNOC, GNOC as well as industry related organisations.

Through key strategic alliances we provide an integrated approach through all E&P disciplines. Our experience covers all stages of the E&P lifecycle for frontier exploration to mature oil and gas fields, both onshore and offshore, including deepwater, as well as unconventionals and geosequestration.

Registered Delegates

Danny Ghale
Business Development
1Derrick
United Kingdom
Stephen Shorey
General Manager
Geotrace
United Kingdom
Stuart MacCormack
Senior Consultant
OTM Consulting Ltd
United Kingdom
Hugh Ebbutt
Director
A T Kearney
United Kingdom
Raymond Wolfson
CEO
GETECH Group plc
United Kingdom
Shamil Yenikeyeff
Research Fellow
Oxford Institute for Energy Studies
Tim Papworth
General Manager Armenia
AGAPE Armenia
United Kingdom
Michael Golden
Consulting Petroleum Geologist / Russian Translator
Golden&Associates
United Kingdom
Gerald Stein
Director
Pays International
United Kingdom
Tracey Hunt
Head of Underwriting, Growth Markets (Energy)
Allianz
United Kingdom
Henry Lang
Oil and Gas Sector Leader
Golder Associates
United Kingdom
Nicholas Joseph
Business Environment Manager
Petrofac
United Kingdom
Oswald Clint
Senior Analyst
Bernstein Research
United Kingdom
James Cockings
Consultant Petroleum Geologist
Gulfsands Petroleum
United Kingdom
David Bamford

Petromall Ltd
Clare Davies
Principal Geologist
BG Group
United Kingdom
Gareth Carroll
Geoscientist
Halliburton - Landmark
United Kingdom
Mike Rego
Independent Consultant
PetroMall Ltd
United Kingdom
Dominic Tansley
Associate
BNP Paribas
United Kingdom
Norman Hempstead
Director
Hempstead Geophysical Svcs
United Kingdom
Sergey Palenov
Sales
PGS
United Kingdom
Edafe Orogun
Director
BTM Admin & Support Staff Ltd
Jayson Marks
Partner
Holman Fenwick Willan
United Kingdom
John Hother
MD
Proneta
United Kingdom
RICHARD CROOK
BUSINESS DEVELOPMENT MANAGER EACR
CAMERON
United Kingdom
Alan Evans
Managing Director
Hydro Projects Limited
United Kingdom
Robert Snashall
Consultant
RGSConsult
United Kingdom
Stephen Park
Commercial Manager
Centre for Global Energy Studies
United Kingdom
Helen Evans
Operations Manager
Hydro Projects Ltd
United Kingdom
Evghenia Sleptsova
Senior Economist
Roubini Global Economics
United Kingdom
Julian Lee
Senior Energy Analyst
CGES
United Kingdom
Alexi Lomidze
Subsurface Consultant in FSU Region
Hydrogen Group
United Kingdom
Tom Colbert
Director
Royal Bank of Scotland
United Kingdom
Andrew Webb
Manager, Petroleum Reservoir and Economics
CGG
United Kingdom
Evgenia Kukina
Sr Product Manager
IHS
United Kingdom
Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
roger whittaker
VPX
Condor Petroelum Ltd
Canada
Adrian Heafford
Senior Geologist
IHS
United Kingdom
Iain Pyle
Senior Research Associate
Sanford Bernstein
Sarah Lister

EIC
United Kingdom
Steve Batchelor
Business Development Manager
Ikon Science
United Kingdom
David Webber
Seismic Operations Supervisor
Sceptre Oil & Gas
United Kingdom
Michael Simpson
Oil and Gas Researcher
Elk Investments
United Kingdom
Alexey Kalashnikov
Business development/Commercial Adviser
Independent adviser
United Kingdom
Evgeny Solovyov

SG
United Kingdom
Hugo Dreyfus
Analyst
Energy Intelligence
United Kingdom
Marine Richard
Energy Researcher
Infield Systems Limited
United Kingdom
Nicki Bourne
Principal
SLR
United Kingdom
Alex Martinos
Senior Analyst
Energy Intelligence Group
United Kingdom
Mark Foster
Managing Director
JHKI Services Limited
United Kingdom
Anna Dawson
Senior geophysicist
Statoil
United Kingdom
Terry O'Donnell
Business Development Manager
EPI Group
United Kingdom
jonathan bedford
Director
JXT
United Kingdom
Jim Raggatt
Senior Geologist
Tethys Petroleum
United Kingdom
Khaled Al Marei
Senior Reservoir Engineer
ERC Equipoise
United Kingdom
Ahmed Mehdi

Livingstone Partners
United Kingdom
ROSEMARY JOHNSON SABINE
VP Exploration
TETHYS PETROLEUM
United Kingdom
Sohabe Richyal
Reservoir Engineer
ERC Equipoise Ltd
United Kingdom
David Murray
Senior Analyst
Mars Omega LLP
United Kingdom
Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
Anastasis Kokkinos
Director
Esanda Engineering
United Kingdom
Charles Speh
Managing Director
Milestone Exploration Limited
United Kingdom
Andy Cooper
Sales Director
thyssenkrupp
United Kingdom
Murray Johnson
geologist
Europa Oil & Gas
United Kingdom
Andy Melvin
General Manager
Moyes & Co.
United Kingdom
Steve Bottomley
Director
Upstream Consultants Limited
United Kingdom
Ruth Tainsh
Researcher
Extractive Projects
United Kingdom
Oliver Ralph
Arctic Team Leader - Geoscientist
Neftex
United Kingdom
Kim Fairweather
Consultant
Vision Project Services
United Kingdom
Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
Daniel Slidel
West Eurasia Geoscientist
Neftex
United Kingdom
Thajudeen Malik
Marine Engineer
Vroon Offshore Services
United Kingdom
Mark Llamas
Managing Director A&D
FirstEnergy Capital LLP
United Kingdom
Thomas Jewell
Neftex Champion - Middle East & North Africa
Neftex (Halliburton)
United Kingdom
Angus Warren
Owner
Warren Business Consulting
United Kingdom
Pavel Morozov
BDM
Foster Findlay Associates
United Kingdom
Harish Pillai
Vice President
Neo Energy
United Kingdom
Mario Toro
Regional Production Optimization Manager, Europe & Caspian
Weatherford
United Kingdom
Nikki Jones
MSc student
GeoExpro
United Kingdom
Anna Smirnova
Associate
Norton Rose LLP
United Kingdom
Tom Wilson
Senior Geologist
Xodus Group
United Kingdom
Alexandra Kenna
Managing Director
GEOSERVE Limited
United Kingdom
Keith Nunn
Managing Director
Nunngeo Consulting Ltd
United Kingdom
Alistair Stobie
CFO
Zoltav Resources
United Kingdom
David Sullivan
MD
Geotrace
Russia
Oxana Bristowe
Partner
Opus Executive Partners
United Kingdom