2012

International Upstream Energy Transactions

Houston Jan 31 - Feb 1, 2012 Four Seasons Hotel
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Overview

Join leading members of the international energy sector—law firms, corporate counsel, NOCs, IOCs and related industry participants—for two days of practical analysis and advanced discussions on both current and recurring issues involving international upstream transactions.

The 2012 program is presented by The University of Texas School of Law, The Oil, Gas and Energy Resources Law Section of the State Bar of Texas (OGERL), and The Association of International Petroleum Negotiators (AIPN)—and includes an AIPN negotiators’ panel as a Wednesday keynote luncheon presentation moderated by Karen Krug.

The program includes 2.25 hours of ethics credit. Topics covered include:

•    World Energy Markets, Trends and Significant Issues
•    The World We Live In: Negotiating, Analyzing and Drafting Key Clauses of Host Country Agreements
•    Overview of the Anti-Corruption Legal Landscape: U.S. vs. U.K. Rules
•    International Energy Disputes: What Now, What Next?
•    Mitigating Deal Risk: Tools, Techniques and Best Practices
•    What Drives Deal Structures: Balancing Financial, Tax and Liability Issues and Regimes
•    Rethinking the Joint Venture Relationship: It's Complicated
•    Drilling Operations Post-Macondo
•    Frontier Energy: What's Really Radical?
•    Drilling Contracts and Rig Sharing Agreements: Key Clauses, Key Issues and Drafting Tips

This year’s program takes place at the Four Seasons Houston and provides multiple opportunities for networking and interacting with speakers, clients and colleagues at lunches, breaks and Tuesday’s reception.

Event Schedule

Program is subject to change.
All times are Central Time Zone.

Day 1 January 31, 2012
Day 2 February 1, 2012

Time

Credit

Subject

Speaker
Tuesday Morning, Jan. 31, 2012
Presiding Officer:
Timothy R. Brown, Anadarko Petroleum Corporation - The Woodlands, TX
8:00 am

Registration Opens

Includes continental breakfast.
8:50 am

Welcoming Remarks
9:00 am

0.50 hr

Global Gas Markets: Tight and Getting Tighter in the Midterm; Burgeoning Supply Options in the Long-term

Global markets are currently following a two-speed recovery, with robust economic growth in China, India, and Brazil accompanied by stagnant growth in the OECD economies with the European sovereign debt crisis. So far, most global commodities have followed non-OECD patterns, and global LNG prices stepped up further following the Fukushima disaster in March. The question is where global gas markets go from here, given the strong appetite for gas in the Pacific Basin, combined with a very limited slate of near-term projects. North American LNG exports look set to meet a midterm need, but in the longer-term, could new projects in East Africa and the Mediterranean, or new shale gas development outside North America close the window of opportunity.

Jen Snyder, Wood MacKenzie - Boston, MA
9:30 am

1.00 hr

Host Country Instruments: Recent Developments

Host Country Instruments (HCI’s), including production sharing contracts, concession, and risk service, are constantly evolving. Drawing on examples of recently published HCI’s from different regions (representing both common law and civil law jurisdictions, and both importing and exporting host countries), this session presents recent and noteworthy developments in key HCI clauses, such as: "carried interests and back-in rights," "domestic marketing obligations" and "default and termination."

Introduction by D. Marie Wagner, Anadarko Petroleum Corporation

Owen L. Anderson, The University of Oklahoma College of Law - Norman, OK
10:30 am

Break
10:45 am

1.00 hr

The World We Live In: Negotiating, Analyzing and Drafting Key Clauses of Host Country Agreements

Even the most well drafted language may be open to interpretation, as any practitioner knows. Drawing on the material in the previous session, this presentation, which is given from the point of view of a "contractor party," provides examples of issues that can arise in real life negotiation and implementation of HCI’s. In addition to presenting an analysis of the legal issues, practical drafting tips and risk mitigation strategies are shared.

D. Marie Wagner, Anadarko Petroleum Corporation - The Woodlands, TX
11:45 am

0.50 hr

Local Content Provisions

Local content in the oil and gas sector has gained prominence internationally with a number of countries enacting specific and comprehensive legislation on local content issues aimed at developing local skills and use of local manpower, goods and services. This session focuses on the different types of local content obligations (including soft law requirements) and their impact on stakeholders in the oil and gas industry drawing on a number of examples internationally.

Stephane Brabant, Herbert Smith LLP - Paris, France
12:15 pm

Break for Networking and Luncheon Presentation

Included in conference registration fee.
Tuesday Afternoon, Jan. 31, 2012
Presiding Officer:
Melinda E. Taylor, The University of Texas School of Law - Austin, TX
KEYNOTE LUNCHEON PRESENTATION
12:45 pm

0.75 hr

The UN Guiding Principles on Business and Human Rights

A summary of the three pillars of the Guiding Principles, which include the corporate responsibility to protect human rights, and a look at their likely impact on the oil and gas industry.

Audley Sheppard, Clifford Chance LLP - London, United Kingdom
1:30 pm

Break
1:45 pm

0.75 hr
0.25 hr ethics

Overview of the Anti-Corruption Legal Landscape: U.S. vs. U.K. Rules

With the recent implementation of the very restrictive and far-reaching UK Bribery Act and the trend towards ever increased enforcement of the FCPA against both companies and individuals, corruption has become one of the most significant risks faced by organizations in the global economy. This presentation explains the key differences between the two Acts and what companies are doing to effectively manage the risks presented by these Acts.

THIS SESSION HAS MOVED TO 2:30 P.M.

Jay G. Martin, Baker Hughes Incorporated - Houston, TX
2:30 pm

0.75 hr
0.25 hr ethics

Drafting and Negotiating Effective Anti-Corruption Contract Clauses: Key Provisions and Issues

Contractual safeguards are a key element in an anti-corruption compliance program. This presentation discusses the current best practices for anti-corruption compliance contract provisions, how to calibrate them to the risks in different types of commercial relationships, and how best to implement them with counterparties.

THIS SESSION HAS MOVED TO 3:30 P.M.

Jeffrey D. Clark, Willkie Farr & Gallagher LLP - Washington, DC
3:15 pm

Break
3:30 pm

1.00 hr

International Energy Disputes: What Now, What Next?

A review of recent developments in international commercial and investment arbitration (and even some litigation) that may impact your agreements, relationships with partners and host governments, and strategies in making investments in energy projects and for protecting those investments.

THIS SESSION HAS MOVED TO WEDNESDAY AT 1:50 P.M.

Jennifer L. Price, King & Spalding - Houston, TX
4:30 pm

1.00 hr
0.25 hr ethics

Mitigating Deal Risk: Tools, Techniques and Best Practices

An interactive walk through common liability and risk scenarios in international upstream energy transactions, with an opportunity for the audience to vote on what they would do in a particular instance. Using real-life examples, this session analyzes best practices and useful strategies and negotiating techniques to overcome challenges in the exploration, operations and exit stages of a project. What would you do if faced with a major decision? Would you make the right choice and carry the day—or would you end up with some serious explaining to do!

THIS SESSION IS NOW AT 4:15 P.M.

Moderator:
Steven P. Otillar, Dewey & LeBoeuf LLP - Houston, TX
Panelists:
Michael V. Csizmadia, Baker Hughes Incorporated - Houston, TX
Panelists:
Victoria Lazar, GE Oil & Gas - Houston, TX
Panelists:
Todd J. Mullen, Vanco Exploration Company - Houston, TX
5:30 pm

Adjourn to Networking Reception

Adjourning now at 5:15 p.m.

Time

Credit

Subject

Speaker
Wednesday Morning, Feb. 1, 2012
Presiding Officer:
Jennifer L. Price, King & Spalding - Houston, TX
8:00 am

Conference Room Opens

Includes continental breakfast.
8:30 am

1.00 hr ethics

Ethical Issues in Representing Energy Clients in Multiparty, Multijurisdictional Transactions

An examination of the ethical problems involving complex multiparty, multijurisdictional transactions including joint operating agreements, joint development contracts, and farmouts. This presentation also examines the ethical standards for outside and in-house counsel practicing across domestic and international jurisdictional boundaries, including conflicts of interest, confidentiality and attorney-client privilege, and unauthorized practice of law.

John S. Dzienkowski, The University of Texas School of Law - Austin, TX
9:30 am

1.25 hrs

What Drives Deal Structures: Balancing Financial, Tax and Liability Issues and Regimes

Deal structures are driven not only be commercial terms but also by efforts to address political, tax, financing and other risks. This panel reviews critical issues in deal structures for two kinds of deals outside of an investor’s home country—an acquisition of an interest from a third party, and investment in a major development—from the perspectives of the investor, the tax advisor, the lender, and the risk manager.

Moderator:
David Asmus, Morgan, Lewis & Bockius LLP - Houston, TX
Panelists:
John C. Ale, Skadden, Arps, Slate, Meagher & Flom LLP - Houston, TX
Panelists:
Elisabeth Eljuri, Norton Rose - Caracas, Venezuela
Panelists:
Jonathan J. Martin, Baker & McKenzie - Houston, TX
10:45 am

Break
11:00 am

1.00 hr
0.50 hr ethics

Rethinking the Joint Venture Relationship: It's Complicated

Now that your company is in a joint venture (JOA) relationship, what are best practices in terms of governance and execution of venture activities—for operators and non-operators alike? When should you use secondment agreements vs. technical services agreements? How useful are project teams and subcommittees? This panel of international oil and gas attorneys discusses the effective use of various organizational structures to achieve the common goals of the venturers.

Moderator:
Michael P. Irvin, Fulbright & Jaworski L.L.P. - Houston, TX
Panelists:
Michael P. Darden, Latham & Watkins LLP - Houston, TX
Panelists:
Michael R. King, Morgan, Lewis & Bockius LLP - Houston, TX
12:00 pm

0.50 hr

International Offshore Drilling after Macondo

A look at four things we can and one thing we can’t do in the post-2010 world.

Paul Owen, Statoil Development and Production North America - Houston, TX
12:30 pm

Break for Luncheon Presentation

Included in conference registration fee.
Wednesday Afternoon, Feb. 1, 2012
Presiding Officer:
Donald W. Wendland Jr., Noble Energy, Inc. - Houston, TX
KEYNOTE LUNCHEON PRESENTATION

Sponsored by Latham & Watkins LLP
12:50 pm

0.75 hr

Negotiators for Life

International negotiations are about getting the deal done, but most importantly about building relationships. Panel members share some of their more memorable negotiations experiences.

Moderator:
Donald W. Wendland Jr., Noble Energy, Inc. - Houston, TX
Panelists:
Andrew B. Derman, Thompson & Knight LLP - Dallas, TX
Panelists:
Eric Fry, Anadarko Petroleum Corporation - The Woodlands, TX
Panelists:
M.G. (Mick) Jarvis, ConocoPhillips Company - Houston, TX
1:35 pm

Break
1:50 pm

0.75 hr

Frontier Energy: What's Really Radical?

The search for hydrocarbon resources is not abating. Companies globally are increasing their exploration efforts, including the majors. These efforts include pushing physical frontiers and technology. This presentation focuses on legal issues associated with the ever expanding reach of E&P companies worldwide.

THIS SESSION HAS MOVED TO TUESDAY AT 1:45 P.M.

Jose L. Valera, Mayer Brown - Houston, TX
2:35 pm

1.00 hr

Drilling Contracts and Rig Sharing Agreements: Key Clauses, Key Issues and Drafting Tips

A drilling contract is one of the Operator’s most important contracts. This presentation focuses on how to spot the pitfalls in some of the most critical provisions, including both risk allocation clauses and other important provisions. In addition, it discusses some of the potential missteps in a Rig Sharing Agreement and how the party seeking to share a rig can try to use the Rig Sharing Agreement to address some gaps between the drilling contract and the sharing party’s risk allocation structure.

THIS SESSION IS NOW AT 2:50 P.M.

William W. Pugh III, Liskow & Lewis, APLC - Houston, TX
3:35 pm

0.50 hr

Considerations When Exiting a Country

This presentation covers the main issues an E&P company should consider when it decides to sell all of its interest in a project and/or terminate or withdraw from an acreage position, with a focus on issues to address when such actions may include exiting a host country. It also includes a checklist of issues and a discussion of the relevant dos and don'ts when exiting a project and/or a country.

THIS SESSION IS NOW AT 3:50 P.M.

Timothy R. Brown, Anadarko Petroleum Corporation - The Woodlands, TX
4:05 pm

Adjourn

Adjourn now at 4:20 p.m.

Day 1 January 31, 2012
Day 2 February 1, 2012

Download Schedule

Conference Faculty

John C. Ale

Skadden, Arps, Slate, Meagher & Flom LLP
Houston, TX

Owen L. Anderson

The University of Oklahoma College of Law
Norman, OK

David Asmus

Morgan, Lewis & Bockius LLP
Houston, TX

Stephane Brabant

Herbert Smith LLP
Paris, France

Timothy R. Brown

Anadarko Petroleum Corporation
The Woodlands, TX

Jeffrey D. Clark

Willkie Farr & Gallagher LLP
Washington, DC

Michael V. Csizmadia

Baker Hughes Incorporated
Houston, TX

Michael P. Darden

Latham & Watkins LLP
Houston, TX

Andrew B. Derman

Thompson & Knight LLP
Dallas, TX

John S. Dzienkowski

The University of Texas School of Law
Austin, TX

Elisabeth Eljuri

Norton Rose
Caracas, Venezuela

Eric Fry

Anadarko Petroleum Corporation
The Woodlands, TX

Michael P. Irvin

Fulbright & Jaworski L.L.P.
Houston, TX

M.G. (Mick) Jarvis

ConocoPhillips Company
Houston, TX

Michael R. King

Morgan, Lewis & Bockius LLP
Houston, TX

Victoria Lazar

GE Oil & Gas
Houston, TX

Jay G. Martin

Baker Hughes Incorporated
Houston, TX

Jonathan J. Martin

Baker & McKenzie
Houston, TX

Todd J. Mullen

Vanco Exploration Company
Houston, TX

Steven P. Otillar

Dewey & LeBoeuf LLP
Houston, TX

Paul Owen

Statoil Development and Production North America
Houston, TX

Jennifer L. Price

King & Spalding
Houston, TX

William W. Pugh III

Liskow & Lewis, APLC
Houston, TX

Audley Sheppard

Clifford Chance LLP
London, United Kingdom

Jen Snyder

Wood MacKenzie
Boston, MA

Jose L. Valera

Mayer Brown
Houston, TX

D. Marie Wagner

Anadarko Petroleum Corporation
The Woodlands, TX

Donald W. Wendland Jr.

Noble Energy, Inc.
Houston, TX

Planning Committee

John Bowman—Co-Chair

King & Spalding
Houston, TX

Timothy R. Brown—Co-Chair

Anadarko Petroleum Corporation
The Woodlands, TX

Owen L. Anderson

The University of Oklahoma College of Law
Norman, OK

David Asmus

Morgan, Lewis & Bockius LLP
Houston, TX

Michael P. Darden

Latham & Watkins LLP
Houston, TX

Michael P. Irvin

Fulbright & Jaworski L.L.P.
Houston, TX

Steven P. Otillar

Dewey & LeBoeuf LLP
Houston, TX

Jennifer L. Price

King & Spalding
Houston, TX

D. Marie Wagner

Anadarko Petroleum Corporation
The Woodlands, TX

Donald W. Wendland Jr.

Noble Energy, Inc.
Houston, TX

Credit Info

Houston

MCLE Credit

Texas – 14.00 hrs | 2.25 hrs Ethics
Legal Specialization(s): Oil, Gas and Mineral Law

You may claim your credit online in Your Briefcase, and UT Law CLE will report credit on your behalf to the State Bar of Texas. A Certificate of Attendance will be provided in Your Briefcase for your records. The system reports Texas CLE credit every Tuesday. If you are claiming credit in the last week of your birth month, self-report your CLE credit directly to the State Bar of Texas at texasbar.com, using the course number provided on your certificate of attendance.

California – 14.00 hrs | 2.25 hrs Ethics

You must claim your credit online in Your Briefcase, and will then be provided a Certificate of Attendance for your records. UT Law CLE is required to provide the State Bar with electronic attendance records for any MCLE participatory activity within 60 days of completion of the activity. The California licensee is responsible for reporting their compliance/credit hours earned to the State Bar at the end of their reporting period directly to the State Bar of California at calbar.ca.gov. UT Law CLE will maintain Attendance Records for four years.

Other Credit

Registered Landman (AAPL) – 14.00 hrs | 2.25 hrs Ethics

Following the conference, UT CLE will send, to attendees who have claimed AAPL credit in their briefcase, by email the AAPL Affidavit of Attendance with the AAPL course number and reporting information included.
http://www.landman.org

TX Accounting CPE – 16.50 hrs

The University of Texas School of Law (Provider #250) live conferences are presumptively approved by The Texas State Board of Public Accountancy for Texas Accounting CPE credit based on a 50-minute credit hour. Approved for general CPE credit only.

At the conference, you are welcome to sign in on the Accounting CPE Record of Attendance form at the registration desk, but we are now reporting all credit online. You will receive a Texas Accounting Certificate of Completion in Your Briefcase. Self-report your CPE credit directly to TSBPA. UT Law CLE will maintain Attendance Records for four years.

Contact us at accreditation@utcle.org if you have additional questions.

Key Dates

Houston – Jan 31 - Feb 1, 2012 – Four Seasons Hotel

Conference Concluded

Buy

Houston

Standard Registration
Last day for $595.00 Regular pricing: Jan 26, 2012

$645.00 for registrations received after this time

Green Registration - USB Key ONLY
Last day for $590.00 Regular pricing: Jan 26, 2012

$640.00 for registrations received after this time

Last day for cancellation (full refund): Jan 25, 2012

$50 processing fee applied after this date

Last day for cancellation: Jan 27, 2012

Venue

Four Seasons Hotel

1300 Lamar St
Houston, TX
713.650.1300 (reservations)
Map

Accommodations

$225.00 good through Jan 10, 2012

Parking Information

Valet Parking $15 day of event, $30 overnight. Self-parking also available.

Our Sponsors

Thank you to our sponsors! Click each logo below to learn more.

Latham & Watkins LLP
Curtis Mallet-Prevost Colt & Mosle Llp

Curtis, Mallet-Prevost, Colt & Mosle LLP is a leading international law firm. Headquartered in New York, Curtis has 13 offices in the United States, Mexico, Europe, the Middle East and Asia. The firm represents a wide range of clients, including multinational corporations and financial institutions, governments and state-owned companies, money managers, sovereign wealth funds, family-owned businesses, individuals and entrepreneurs. Curtis has a worldwide practice that includes corporate law, banking and finance, capital markets, private equity, mergers and acquisitions, project finance and infrastructure development, investment management, restructuring and insolvency, litigation, international arbitration, taxation and real estate. The firm's international orientation has been a hallmark of its practice for nearly two centuries. For more information about Curtis, please visit www.curtis.com. www.curtis.com/
Fulbright & Jaworski L.L.P.

The Fulbright Arbitration and ADR group is widely recognized as one of the world's leading international arbitration practices. With strategic locations in the United States, Europe, Asia and the Middle East, Fulbright is positioned to handle international arbitration disputes wherever they may arise. A record of obtaining successful outcomes in major arbitrations involving a variety of governing laws, jurisdictions and arbitral rules has lead Fulbright to be selected as a leading law firm in the field of international arbitration by the 2008 Chambers Global Guide and one of the top ten arbitration firms worldwide based on total number of arbitrations by the 2007 ALM Focus Europe. Fulbright was the recipient of LatinLawyer Magazine's Deal of the Year: Disputes Category for 2007. The firm's multi-national team of arbitration lawyers is fluent in more than a dozen languages and is experienced in appearing as advocates before arbitrators from a wide range of cultural backgrounds under the rules of all of the major international arbitration institutions. Clients around the world have called on us for some of the most politically charged and high-stakes disputes of recent years, in the public and private sectors. www.fulbright.com www.fulbright.com/
King & Spalding

King & Spalding

www.kslaw.com/portal/server.pt
Vinson & Elkins LLP

Vinson & Elkins LLP

www.velaw.com/

2012

International Upstream Energy Transactions

Houston Jan 31 - Feb 1, 2012 Four Seasons Hotel Conference Concluded

Buy

Related products: Materials

Overview

Event Schedule

Tuesday Morning, Jan. 31, 2012

Tuesday Afternoon, Jan. 31, 2012

Wednesday Morning, Feb. 1, 2012

Wednesday Afternoon, Feb. 1, 2012

Conference Faculty

John C. Ale

Owen L. Anderson

David Asmus

Stephane Brabant

Timothy R. Brown

Jeffrey D. Clark

Michael V. Csizmadia

Michael P. Darden

Andrew B. Derman

John S. Dzienkowski

Elisabeth Eljuri

Eric Fry

Michael P. Irvin

M.G. (Mick) Jarvis

Michael R. King

Victoria Lazar

Jay G. Martin

Jonathan J. Martin

Todd J. Mullen

Steven P. Otillar

Paul Owen

Jennifer L. Price

William W. Pugh III

Audley Sheppard

Jen Snyder

Jose L. Valera

D. Marie Wagner

Donald W. Wendland Jr.

Planning Committee

John Bowman—Co-Chair

Timothy R. Brown—Co-Chair

Owen L. Anderson

David Asmus

Michael P. Darden

Michael P. Irvin

Steven P. Otillar

Jennifer L. Price

D. Marie Wagner

Donald W. Wendland Jr.

Credit Info

MCLE Credit

Other Credit

Key Dates

Venue

Four Seasons Hotel

Accommodations

Parking Information

Our Sponsors

King & Spalding

Vinson & Elkins LLP

Stay in the loop with UT Law CLE

Houston Jan 31 - Feb 1, 2012 Four Seasons Hotel
Conference Concluded