The oil and natural gas industries were severely affected by reduced commodity prices in 2015. As a result of those lower prices, many companies dramatically reduced their drilling programs, cut capital expenditures, consolidated operations and laid off employees.
As we look toward 2016, will the trend continue or are there reasons to be optimistic that there will be a rebound in the coming year? This session by our expert speaker Jack Luellen will take a look into the future, to see what the industry would look like in 2016 and beyond.
This session will review the historical trends in the highly cyclical oil and gas industries. Jack will then evaluate the factors that contribute to reduced commodity prices, as well as direct and indirect impact of those reduced prices. The impact of state and federal regulation, including "ancillary" regulation in the securities and banking sectors, will be evaluated. Finally, the session will conclude with a review of the various predictions for both commodity prices and oil and natural gas activity for 2016.
Who should attend?
JACK R. LUELLEN is a partner with Fox Rothschild LLP, where his practice is primarily dedicated to oil and gas law with a particular emphasis on litigation. He has represented a broad range of clients in the energy and oil and gas industries, including companies in exploration and production and midstream sectors, such... More info