2015 Rockies & West Agenda

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?