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Financial Traps And Tips
For Distressed E&Ps

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When: Anytime, at your convenience.
Where: Your Computer
Cost: $100

This webinar will also be available on demand at any time after the live broadcast.

Overview:
Many E&Ps and their investors will soon face near-term financial issues as commercial banks redetermine clients' debt obligations and revolving lines of credit. Although high commodity prices inflated values in 2008, since then both stock prices and oil and gas reserves values have tumbled, causing a shortfall in many E&Ps' loan collaterals. Meanwhile, the equity market has virtually closed and debt markets are scarce and expensive. What is an E&P management team to do?

A panel of experts will present advice and myriad solutions to these looming financial issues during a 40-minute webinar on Feb. 10 at 10 a.m. CST.

     
You will learn:
• What E&P profile characteristics can lead to possible loan redetermination issues?
• What is the first step to take when an issue is determined?
• What are the various types of remedies available to financially distressed E&Ps?
• When should you talk to your banker, and what information should you bring along?
• What is the most typical outcome?

Presented by:

Allegro

 

Featured Speakers:

Harold KorellTim Murray
Managing partner, capital provider Guggenheim Partners

Tim Murray, a managing partner for Guggenheim Partners, has more than 30 years experience working in the energy industry. Guggenheim is a diversified financial services firm with more than 525 dedicated professionals. The firm provides capital markets services, portfolio and risk management expertise, wealth management, investment advisory and family office services.

 

Michael BodinoDean Swick
Managing partner, advisory firm Alvarez and Marsal

Dean Swick, a managing director with Alvarez & Marsal, specializes in advising distressed companies and creditors based in North and South America in out-of-court and in-court business turnarounds and restructurings. Prior to joining A&M in July 2002, Swick was a Houston-based partner for more than 10 years in the restructuring and has spent 15 years in the banking and investment banking industry, including 11 years in the Global Petroleum Corporate Finance Group at JP Morgan Chase. Mr. Swick holds a BA in Economics from St. Lawrence University and an MBA from Northeastern University.

 

Michael BodinoDave Baggett
Managing partner, consulting firm Opportune LLP

David Baggett is the founder and managing partner of Opportune LLP. Opportune LLP was formed in 2005 and is a Houston-headquartered professional services firm that provides consulting, technology and outsourcing services. Baggett has over 25 years of business experience, including six years as a partner with Deloitte & Touche and six years as an industry senior executive. David has served on the boards of directors of several entities, including ERCOT, and currently serves on the board of Genesis Energy, Inc.

 

Leslie HainesJeannie Stell
Financial editor, Oil and Gas Investor

Jeannie Stell joined Hart Energy Publishing in 2007 with more than 25 years of experience in the oil and gas industry, including 10 years in energy journalism. Jeannie reports on the latest developments and trends affecting the industry's financial community. She has a bachelor of business administration and economics.