HOUSTON, April 14, 2015 /PRNewswire/ --
Leading top executives and finance experts from North America's tight oil and shale gas operators, including Apache, Riley Exploration, Lewis Energy, Encore Energy, Opal Resources, New Century Exploration and more will gather on 27-28 May in Houston for the Low Oil Price CAPEX Reassessment, Cost Cutting & Financial Risk Management Congress and share strategies on how E&P companies can minimize financial risk and solidify capital structure.
With oil prices recently hitting a five-year minimum, North America's unconventional oil & gas sector is undergoing a profound transformation. The number one priority for E&P companies right now is to reconfigure their corporate and operational strategies and understand how to rationalize costs without impairing the core of their businesses and compromising future revenue growth. For that reason, it is key for operators to understand which assets need to be prioritized and how to reassess capital expenditure to ensure an efficient deployment of E&P capital and maximize rates of return.
Mark Miles, President & COO at Riley Exploration and a high-profile speaker for The Low Oil Price CAPEX Reassessment, Cost Cutting & Financial Risk Management Congress recently highlighted that the upcoming strategic congress is "extremely valuable for sharing information about best operating practices, business opportunities and supplier performance and pricing".
This time-critical summit has been specifically designed for top executive leaders in North America's shale industry and s the only operator-led strategic conference that meets the real needs of E&P C-level executives at this time.
For the past 4 years, American and Canadian Business Conferences have hosted summits covering the entire spectrum of the oil & gas industry, providing unique platforms that stimulate knowledge and idea exchange that result into leading-edge initiatives and forward-looking strategies.
For more information about the Low Oil Price CAPEX Reassessment, Cost Cutting & Financial Risk Management Congress, please visit our website http://www.low-oil-price-financial-strategies.com or email [email protected], +(1)800-721-3915
To view the full interview of Mark Riley and discover his thoughts on operation cost reduction, click on this link.
SOURCE American Business Conferences (https://www.american-business-conferences.com/)