Natural Gas Industry Update

• Natural gas market trends impacting the West.


• Interstate natural gas pipeline industry update.

2012 is a pivotal year and the political landscape could dramatically affect the pace of regulatory action, as well as potentially the supply of shale gas for the market. Hear how the possible electoral scenarios at both the executive and legislative branches could impact the natural gas business and what to expect and how to make plans for action in 2013.

• Dodd-Frank ~ there are still so many questions to be asked and answered regarding the sweeping legislation of this Bill. How will it continue to mold the future of Natural Gas?


• Shale Regulations- with the looming rules from the BLM there could be major changes in the shale markets for the West region on Federal lands. Learn how these regulatory changes could affect gas prices in 2013.

Natural Gas routes are rapidly switching from West to East and North to South, how will this impact the West Coast markets and which pipeline & storage projects are moving forward? Hear from our panelists regarding updates on Pipelines and transportation designs in the region, along with an analysis of storage and hedging for the greatest efficiencies for your company! These could be the missing pieces to the puzzle ~ you won’t want to miss it!!

The shale revolution continues; therefore we continue to have an oversupply of natural gas…..but for how long? The oversupply of Natural Gas and the lack of demand of gas has caused the price of gas recently to be at a 10-year low, with a slight rebound as we head into Winter. How is this affecting the Rockies/West, U.S. and the World - and what can we expect in 2013 and beyond? How are NGLs “changing the gas investment game”? LNG Exports from the West Coast? Natural Gas Vehicle Fleets? Coal Power Plant Retirements to be replaced by Gas Power? Hear from the experts and stay in touch with what could make or break your business this year!

Our gas buyer panelists will give you solid and valuable insight into what is currently working, what they have learned and what they will do differently next time.

Samantha’s talk will address the structural changes ahead of the market, which Goldman Sachs believes will be driven by significant demand growth shifting the pricing mechanism of U.S. natural gas away from coal and towards marginal cost of production. In particular, Samantha will discuss the prospect for U.S. LNG exports and the price risks associated with it, both from the U.S. and global perspectives.

The United States is at a historic turning point for the country and its energy policies. Technological innovations are changing the vision of our energy future resulting in new opportunities to put more people to work, boost domestic production, grow government revenue, and save many billions annually in imported energy costs. Many Americans lack a full understanding of the link between economic growth and the energy policy options we face in terms of fueling our future. This panel will cover regulatory elements including climate regulation, cap and trade among many other regulatory policies that are reshaping the natural gas industry.

An interesting and fresh look at regional and continental projects affecting the natural gas industry and your business!

With all the attention on the Marcellus, Utica and other shale plays, the Rockies has stayed out of the press. Yet with Niobrara discoveries and technology improvements, the Rockies is poised to meet California and Mexico demand growth

As the supply overhang continues to shape the market in the West today, many are preparing for the inevitable return of demand in the marketplace. LNG Exports, shale and supply diversity create multiple strategies that must be explored to achieve the balance and strong positions for the future. This panel investigates the future supply and demand trends that are vital to your business from the regional, national and global perspective.

The natural gas market has and continues to experience dramatic fundamental changes. New dynamics are transforming the West and the North American market and forcing the industry to reevaluate what it once knew. Where have we been, where are we now and where do we go from here.

New developments in West Coast Emissions Markets & Reducing Impact to Your Bottom Line

• The California Emissions market enters Phase 2 in January, 2015 covering distributors of transportation fuels and natural gas


• Washington State and Oregon are considering similar measures


• EPA 111d rules may give more states incentive to join or develop similar programs


• Strategies for risk management / cost reduction

The Natural Gas industry is an ever-evolving entity. The panelists will cover pricing trends, infrastructure in a growing market, the economics surrounding the industry, how energy policies are impacting the market, and predictions and insights on where the industry is headed. Let’s not forget to add the shifting focus on exporting LNG and exports to Mexico...so much to cover, you won’t want to miss this panel!

In this panel, we will explore how to “win” the West through discussing pricing and the impact it has, capacity & demand for the region, inter-fuel competition, and an outlook on the future of gas in the Rockies and West markets. There’s a lot to go over, so don’t miss this information!

Natural Gas Abundance and Opportunity: The New Power Dynamic



From Colorado to California, abundant supplies, a cleaner profile, low construction costs and high capacity factors all combine to create a compelling case for growing use of natural gas for power generation in the American West and throughout the nation. From a rising role providing baseload power to supporting intermittent energy sources such as wind and solar, greater use of natural gas is helping to diversify the U.S. power portfolio. At the same time, the shale revolution is driving an industrial/manufacturing renaissance with broad implications throughout the U.S. economy. With the ‘shale gale’ continuing at full force: What is the long-term supply outlook? What are the market implications, particularly with rising industrial, transportation and LNG export demand? And, how is innovation powering a revolution in natural gas production—including continual efficiency and environmental improvements—that helps our nation take full advantage of this game-changing domestic bounty?

A New Energy Era Dawns for Mexico and a North American Market

• Reality Check – Status of Mexican Legislative Progress to Implementing Constitutional Reforms


• Energy Infrastructure Investments in Mexico – Opportunities in Gas and Power, and the Process for Pursuit


• Outlook for Corresponding US Investments to Integrate with Mexico


• Implications for US Gas Markets and Infrastructure Operators

Doing Business in Mexico: the Do's and Don'ts

• Corporate Structuring


• Avoiding Unintended Liability


• Joint Venture Considerations


• Land rights


• FCPA Considerations


• Securing Financing for Projects

Full course details: www.ldcgasforums.com/rw_training/

Ten years ago, many would say that the main drivers to natural gas were weather and summer hurricanes. Not so today. Today it is much more complex as the world is shrinking and North American natural gas is expected to be more of a global product with great hopes for LNG exports. In this presentation, we will discuss the impacts of crude oil on natural gas and a brief discussion on the supply factors in natural gas. We will close with a look at the possible opportunities in the forward natural gas markets.

The Natural Gas industry is an ever-evolving entity. The panelists will cover pricing trends, infrastructure in a growing market, the economics surrounding the industry, how energy policies are impacting the market, and predictions and insights on where the industry is headed. Let’s not forget to add the shifting focus on exporting LNG and exports to Mexico...so much to cover, you won’t want to miss this panel!

Knowing the impact of shale on global oil and domestic natural gas markets is paramount in understanding the market implications moving forward. During this discussion, we will cover:

- Shale productivity, innovations, and economic parameters
- Supply & Demand outlook for domestic natural gas
- OPEC motives and actions
- Outlook for global oil supply and demand
- Hydraulic Fracturing
- North-South Connectivity issues in North America

- Hydrocarbons sector premises considered in Mexico’s Energy Reform.
- Regional (USA – MEX) synergies that need to be enhanced/promoted to fully exploit the potential of the Reform.
- Business opportunities in the natural gas sector resulting from the new legal framework: new infrastructure (transportation, storage and distribution); appraisal of unconventional applications of natural gas.

SoCalGas and SDG&E recently filed an application at the CPUC to update their curtailment procedures. During the discussion we will cover:

- A brief history of curtailment policy and events on the SoCalGas and SDG&E systems
- Why the procedures are required
- Why they need to be updated
- What changes are being requested

The Shale revolution transformed the US hydrocarbon markets and thrust natural gas into a decade of abundance. Could low prices threaten that abundance? As supply collides with demand, the resultant price signals become hard to decipher and a balancing act ensues; between supply and demand, between upstream and downstream, between East and West. Inefficient players will topple. Those left standing will be the ones who stay abreast of the shifting market dynamics, both domestically and globally.

Our gas buyer panelists will give you solid and valuable insight into what is currently working and what they will do differently next time.

Discussion Questions to include:

1. What will be the impact from electric generation power burn?
2. How will the reversal of REX have an impact on your business?
3. When will the natural gas industry see a recovery in storage arbitrage and how much storage do you think we will get in the basins this year?
4. When will the North American natural gas market see an increase in industrial demand (in reaction to low prices)?
5. Thoughts on El Nino?
6. What buying or pricing strategies are you currently employing, for instance, what if any long-term purchases are you making or how are you managing hedging activities?
7. What factors, other than price, influence your decision to choose one supplier over another?