Oil & Gas M&A Strategies

Collaborative Solutions to Energy Sector Acquisitions During a Downcycle & the Pandemic

October 15, 2020 | Online ::

0920-oil-gas-mergers

Changing market conditions are shaping the transactional outlook in oil and gas. The market is constantly evolving, with current trends showing reduced M&A activity and increased restructuring. Financially stable companies will continue to seek out strategic deals and the current environment will likely provide many opportunities. Lower valuations will get the attention of buyers, but this alone won’t close deals.  Stakeholders will be evaluating resilience and long-term value carefully and competition is expected to be fierce. Up-to-the-minute knowledge is imperative in this challenging marketplace.

EUCI’s Oil & Gas M&A course will provide the following key takeaways:

• The effect of COVID-19 on energy industry and deal volume
• Update on activist activities and defense strategies
• Representations, warranties, covenants, and indemnities
• Specific issues with distressed energy M&A
• Financial management and structure of transactions
• Overview of debt finance to leverage acquisitions
•  Best practices for integration of acquisitions in the energy space

Attend this course to gain an understanding of creative and collaborative solutions to acquisitions in the energy sector during a downcycle and the COVID pandemic.  Attendees will acquire business development acumen to ensure long-term growth and improved returns through acquisitions,mergers, and restructuring. . Instructors will cover the principles, skills and strategies  required for successful transactions in the challenging marketplace.

Learning Outcomes

• Identify  the current legal and political challenges for the energy industry
• Describe the basics of the  acquisition process
• Review financial management and structure of transactions
• Explain representations, warranties, covenants and indemnities
• Discuss common litigation issues arising from Energy M&A deals and terms
• Demonstrate best practices for integration of acquisitions in the energy space

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 0.6 CEUs for this event.

 

Requirements for Successful Completion of Program

Participants must sign in/out each day and be in attendance for the entirety of the course to be eligible for continuing education credit.

Instructional Methods

Case Studies, Panel Discussions and PowerPoint presentations will be used in the program.

Thursday, October 15, 2020 Central Time

8:45 – 9:00 a.m. :: Log In

 9:00 am – 4:00 p.m. :: Course Timing

 12:00 – 1:00 p.m. :: Lunch Break

Short breaks every hour

Opening Remarks and Introduction

Industry and Market Trends

• Review of recent oil & gas/energy industry transactions and trends
• Effect of COVID-19 on energy industry and deal volume
• Effect of reduced investor interest in E&P Space
• Overview of Political and Legal Challenges for the Energy Industry

Acquisition Processes

• Due Diligence
• Issues with Private Equity in Energy Transactions
• Purchase Agreement Issues
• Representations, warranties, covenants and indemnities
• Partnership Agreement Issues
• Specific Issues with Distressed Energy M&A

Post-Closing and Financial Issues

• Overview of debt finance to leverage acquisitions
• Overview of Common Litigation Issues arising from Energy M&A Deals and Terms
• Best practices for integration of acquisitions in the energy space
• Capital Raising Issues and Joint Ventures

Update on Activist Activities and Defense Strategies

Q&A

Mark Jones, Partner, BakerHostetler

Mark Jones focuses his transactional practice primarily in the energy industry, with substantial experience in the financial services, manufacturing, transportation and technology industries. His depth of experience with energy clients has given him a high level of proficiency in handling a broad range of client issues and needs. Mark has been the lead lawyer in more than 200, public and private, securities offerings, and has been involved with more than 70 private placements of debt and equity for early stage, developing and mature companies on the issuer and underwriting side of such transactions. He has been the lead counsel for more than 200 mergers and acquisitions transactions, with a significant portion of those transactions in the energy sector.

Ryan Gorsche, Partner, BakerHostetler

Ryan Gorsche represents clients in a diverse array of complex mergers and acquisitions, as well as other strategic and financial transactions. He frequently serves as a primary point of contact and negotiator for clients with respect to the planning, execution and integration of their transactions. Additionally, he has extensive experience advising both private and public companies and private equity funds on their most important, valuable and complicated domestic and cross-border joint ventures, divestitures and carve-outs, and restructurings. Drawing from more than a decade of challenging and diverse private firm and in-house experience, Ryan caters his business-oriented approach to fit his clients’ needs, ensuring that their goals are met in an efficient, cost-effective manner.

Todd Thorson, Partner, BakerHostetler

Drawing from nearly two decades of experience practicing corporate law, Todd Thorson works with both private and public companies to advise on transactions and other non-litigation matters, and regularly serves as lead counsel in change-in-control (buy-side and sell-side) transactions. He works closely with company boards and senior management to provide systemic support on corporate governance initiatives, including fiduciary duty guidance, related party/interested director transactions, and regulatory compliance. Notably, Todd counsels clients on corporate crisis matters, providing support and advice regarding events that threaten the organization as a whole, such as shareholder activism defense and responding to negative social media events.

Zachary E. Bernard, Associate, BakerHostetler

 

 

 

 

 

 

Tess N. Wafelbakker, Associate, BakerHostetler

 

 

 

 

 

 

Ashley E. Whittington, Associate, BakerHostetler

 

 

 

 

 

 

Kristin K. Kluding, Associate, BakerHostetler

 

 

 

 

 

 

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• You will receive a meeting invitation will include a link to join the meeting.
• Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
  • You will need to join the appropriate meeting at the appropriate time.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

REGISTER NOW FOR THIS EVENT:

Oil & Gas M&A Strategies

October 15, 2020 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before August 21, 2020 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800