CALGARY, AB--(Marketwired - Apr 24, 2013) - Three leading industry professional organizations will sponsor an oil and gas expo in Calgary next week bringing together oil buyers, sellers and capital providers to meet, network and transact deals on some of the hottest oil and gas plays in Canada. The Canadian Association of Petroleum Producers (CAPP), the Canadian Society of Petroleum Geologists (CSPG) and the Explorers & Producers Association of Canada (EPAC) will present the Dealmakers Prospect & Properties Expo with show manager PLS Inc at the TELUS Convention Centre on April 30. On tap for buyers are conventional and unconventional projects, prospects and properties in Canada, the U.S. and internationally.
Though some would argue that recent Canadian oil price differentials and low gas prices have negatively impacted both the market attitude and traditional flows of capital into the Canadian industry, the three sponsors see this event as a great opportunity for Canadian operators to meet capital providers. Early capital providers that have already registered include 32 Degrees Capital, Bank of the West, Carlyle Group, CIT Energy, Macquarie, Osprey Capital Partners, Paradigm Capital, Redtail Capital Partners and Salman Partners. Exhibiting companies range from big Canadian players like Shell and Husky to junior explorers such as Forent Energy and Woma Energy.
The deal expo model brings together prospect generators and property sellers along with the capital needed to accomplish deals and has proven successful in the U.S. -- in Houston, Dallas, Denver and most recently this month in Pittsburgh with the inaugural NAPE East show. The expo concept is also big business in the Canadian mining sector where it is used successfully to match capital to prospects. PLS has also hosted successful oil and gas expos in Canada, as has the Canadian Association of Petroleum Landman (CAPL).
Furthermore, the one-day format allows for efficient networking that taxes neither the exhibitor nor the viewer. Dealmakers have also been demonstrated to attract attendees with the authority to make decisions and effect transactions.
Presenters will show prospects and projects targeting British Columbia's Montney and other plays within the Komie, Cypress, Graham, Marion-Sidenius, Fort St. John and Tower areas. Also on tap are assets in Alberta's Fenn-Big Valley, Horseshow Canyan, Edson, Provost, Foothills, Halkirk, Garrington, Bashaw, Peace River Arch, Thorsby and Kakut areas. Additionally, Saskatchewan's Carlyle and Senlac areas as well as Nova Scotia's Horton shale and Gays River Reef will be featured, as will Bakken assets across the border in North Dakota. These sellers include: Deckland Inc, Forent Energy Ltd, Harwood, Hudye Energy LLC, Husky Energy, Legacy Oil & Gas Inc, Onshore Energy Partners LLC, Petrex Energy, Shell Canada, Tallgrass Energy Corp, White Butte Resources and Woma Energy.
Though this is a deal-focused event, select service companies have signed up such as: LandSolutions, Vural Law Firm PLLC and XI Technologies.
PLS has been hosting oil and gas buyer-seller exhibitions since the 1980s. The Dealmakers Prospect & Property Expos are a natural extension of PLS' multiple listing service and other informational services. Last year, PLS hosted a successful fall expo in Calgary with more than 35 booths and 350 attendees. Long term, the event is expected to grow to 65-100 booths and 600-1,000 as the Canadian market becomes more comfortable with the format. For additional information on Dealmakers and PLS Inc., visit www.plsx.com/dealmakers or contact Tim Pawul at 403-294-1906.