ADVANCED REGISTRATION CLOSED....
We have room for at least a few walk-ups, and will take more as space is available, but please note that you may not get lunch depending on numbers.
Speaker: Scott Royal – President, ScotRock LLC
Topic: Evaluating Oil & Gas Assets in Today's Market
Date: Wednesday, August 30th, 2017 at 11:30 AM
Location: Brookhaven College Geological Institute, (Map)
Cost: $20 if SPE member paying electronically in advance, all others $25
- Reservation AND/OR Credit Card ONLINE Payment at:
Please remember to bring your computer generated receipt to show that you have paid by credit card.
A general overview for a methodical approach to evaluating oil and gas assets. From evaluating individual profit centers (lease or well) up to a project basis (including leasing, seismic, etc.), the buyer must address all issues which determine a good acquisition versus a bad one.
Scott Royal has over 40 years of management and engineering experience in reservoir evaluation, acquisitions and operations. His work history includes time with Amoco, Tenneco, Matador Petroleum, & Encore Acquisitions. He founded Woodbine Acquisition LLC in 2010 and acquired the Madisonville, West Field for 239 MM$ in May 2011. In December 2013, the properties were sold to Meidu for 535 MM$. He is currently an engineering consultant with his company, ScotRock LLC. He graduated from Texas A&M University with a BS in Petroleum Engineering and is a registered professional engineer in Texas.