Dealmakers Prospect Expo Opens Tomorrow in Houston
Record attendance expected of buyers, sellers, capital providers & energy advisors
Dec 1, 2010 2:26:00 PM
HOUSTON, Dec. 1, 2010 /PRNewswire/ -- PLS Inc., is proud to announce that its annual Dealmakers Prospect & Property Expo opens tomorrow, December 2, 2010, at the Hilton Americas, Downtown Hotel in Houston, TX across the street from the George R. Brown Convention Center.¬ ¬ The event offers over 130 booths and 700 pre-registrants already. ¬ It appears most industry players are hoping to take advantage of solid oil prices, improving winter gas prices, new unconventional exploration plays, traditional exploration opportunities and overall improving market conditions. ¬ The oil and gas Prospect & Property Expo is also important as it allows oilmen to spend year-end capex or position exploration budgets for 2011.
The event runs from 8:30 am Thursday through 6:00 pm and offers participants a unique chance to look at new opportunities from leading oil and gas exploration firms like Brigham Exploration, Linn Energy, Magnum Producing & Exploration, INEXS, Torch Energy, PetroGulf, Rippy Oil & Gas, Virtex and Yuma Exploration & Production. ¬ Shell is showing a non-core Utah exploration opportunity while Pioneer Exploration is showing non-core assets in North Texas and East Texas. ¬ London based Envoi has a table outlining international opportunities while PLS will be demonstrating its new global M&A data base for buyers and sellers.
Capital sources such as Five States Energy Capital, GasRock Capital and BlueRock Energy Capital are also in attendance with booths highlighting their capital funding capabilities at Dealmakers. The event concludes with PLS' annual Holiday Party and Reception beginning at 4 pm and running through 7:00 pm.
What is Dealmakers---
The¬ Dealmakers Prospect & Property Expo is a unique prospect & property forum for showing, viewing and discussing current oil and gas deals on the market. Attendees will have the chance to browse a broad range of opportunities including conventional and unconventional deals. ¬ Project types include developed prospects, 3-D opportunities, acreage plays, farmouts, producing properties, development projects, waterfloods, royalties and overrides. ¬
Unconventional prospect and acreage opportunities in the Bakken, Barnett Shale, Eagle Ford, ¬ Haynesville, Heath Oil, ¬ Marcellus, Niobrara and Cana Woodford will be shown along with conventional 3-D prospects in South Texas (Yegua, Wilcox); East Texas (low risk Cotton Valley, Travis Peak or Deep Bossier) and Permian Basin. There will also be producing property acquisition opportunities for review from across the United States including onshore and offshore opportunities. ¬ There are also capital providers in attendance.
Who is PLS Inc.,---
PLS is a unique research, transaction and advisory consulting firm with professionals in Houston, Midland, New York, London and Bangalore. ¬ PLS publishes various reports in the oil and gas industry and offers numerous data bases for active energy professionals. ¬ PLS marketing affiliates handle divestment projects and the firm also provides advisory and consulting services. Its publishing arm has been an active host of prospect expositions since the 1980's. In fact PLS founded the original Summer Prospect Expo now known as Summer Nape.
Additional Background & Market Conditions---
PLS is excited about this year's event as an exclamation point on 2010. ¬ "This has been a transformative year for the oil and gas industry driven by product price paradigms (oil vs gas prices); new technological applications (horizontal drilling & new frac completions); new discoveries (shales) and local regional development (service, midstream and land costs) that demands buyers, sellers and capital providers find quick and easy ways to meet, network and do deals." Said Richard Mason, ¬ Director of Research at PLS Inc., "Prospect expos, property showings, news reporting and multiple listings are just some of today's techniques sellers are using to market their assets, conduct auctions and move as quickly as possible."
"Concerns over new year tax obligations and the rush to spend year end money are additional reasons that buyers and sellers will be getting together on December 2, 2010." said Ronyld Wise, President & CEO of PLS.
The Dealmakers event brings together key industry leaders, decision-makers, buyers, sellers and advisors in the energy industry. ¬
quote:Originally posted by BUFCARP: yea its on fire cant find any news but the volume is really moving like something is up
looks like a pump and dump.as quick as it goes up will be as quick it goes down.not running for any other reason.Has anyone looked at their books?what a pos company.ill just stay away.glad you all made some nice loot.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2046 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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