Spring Fever: Gauging the Temperature of Market Access and Abandonment & Reclamation Obligations
500 Centre St SW
Calgary AB T2P 0M5
The program will be held in the Sky Garden on the 54th Floor of the Bow Building.
In the fast-paced and ever-changing world of Energy, it is important to keep up with current market conditions and evolving regulations. To that end, the International Energy Credit Association invites you to join us at the Bow Building in Calgary, in the stunning 54th Floor Sky Garden, for two highly relevant presentations that will provide insight into current and future market and regulatory conditions for the E&P sector in Alberta. These educational sessions will be followed by a networking reception where you will have the opportunity to mingle with fellow energy professionals over a glass of wine and some delicious hors-d'oeuvres, all while taking in the amazing views of Calgary from this iconic building.
For the first session, Market Access: The New Normal, we are pleased to welcome Mark Pinney and Richard Wong from the Canadian Association of Petroleum Producers, who will provide a presentation followed by an opportunity for Q&A on the challenges facing Alberta’s E&P sector and market takeaway capacity. This discussion will include an update on proposed transportation solutions, the current state of regulatory processes and legal challenges, as well as the potential timing of future Federal and Provincial government decisions.
The second session, The Sequoia Litigation: Perspectives and Analysis, will be facilitated by Cameron Hughes and Walker MacLeod, two of Calgary’s practicing energy lawyers. This presentation will discuss the Statement of Claim, filed by PricewaterhouseCoopers Inc. LIT, in its capacity as trustee in bankruptcy of Sequoia Resources Corp., against Perpetual Energy Inc., Perpetual Operating Trust, Perpetual Operating Corp., and Susan Riddell Rose. The claim relates to restructuring and sales transactions conducted by Perpetual when it sold legacy shallow gas assets in east-central and northeast Alberta. This presentation will review the legal and credit issues raised by PwC in its claim, issues underscoring the ongoing evolution of bankruptcy and insolvency proceedings in Canada, and the strength of the Alberta Energy Regulator's orphan-well regime.
Bring your wallets! Attendees of the event will have a chance to win a pair of Flames tickets as a fundraiser for our recently created International Energy Credit Association bursary at the University of Calgary.
The IECA is the leading global membership organization for credit and legal professionals in the energy industry. The IECA is a not-for-profit association, with over 1,200 individual members who are involved in energy credit management.
Session 1: Mark Pinney, Canadian Association of Petroleum Producers
Richard Wong, Canadian Association of Petroleum Producers
Session 2: Cameron Hughes, Field Law
Walker MacLeod, McCarthy Tétrault
3:00pm – 4:15pm Market Access: The New Normal
4:15pm – 4:30pm Coffee Break
4:30pm – 5:30pm The Sequoia Litigation: Perspectives and Analysis
5:30pm – 8:00pm Networking Reception
Includes hors-d’oeuvres and 2 drinks to be followed by a cash bar.
Any cancellation will be subject to a C$10.00 cancellation fee
Registration Deadline: Monday, March 11, 11:59 p.m. On-site registration will be available.