April 12, 2017

First Friday Q&A on Oil & Gas This Week – OGTW107

35 minutes

Welcome back to another episode! This week’s episode is our First Friday Q&A for March. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy!

Have a question? Click here to ask.

Show Notes & Links:

Angel List

Gust

Fundable

Funders Club

Signal

2017 on the road sponsor Lee Hecht Harrison http://www.lhh.com

As global experts in talent management, LHH is currently helping 75% of the Fortune 500 Oil & Gas companies simplify the complexity of leadership and workforce transformation.

Geoconvention May 15-19 Calgary, Canada

OGTW listener special – Exhibitors standard 10×10 space on the floor for a reduced rate of $1,600 (normal price is $1,800).

For more information email Dustin – [email protected]

Questions:

My name is Sam List and I am a senior studying Geology and Business at the University of Wisconsin – Madison. I am a really big fan of the show and have been listening ever since this past summer when I worked in downtown Houston for for a small oil and gas company as a geologist prospecting plays in the SCOOP and STACK of Oklahoma. I have a passion for the geosciences and the oil and gas industry but I am not sure what type of research or what field I want to specialize in when I get to graduate school. After working in Houston where it seemed like the geologists have focused on petroleum geology, petroleum engineering, and sed/strat. I was wondering which areas within the geoscience’s do not get the attention and dedication of research that is necessary for advancing the oil and gas industry?

Dear Jake: Firstly, I enjoy & anticipate listening to your podcast’s weekly. My question is concerning investors/venture capitalist. We are a young construction company with incredible year over year growth even during the recent downturn. We have opportunities for growth in the Permian basin that requires us considering a capital injection if we are to take advantage of opportunity. Banks are risk averse & require excess collateral, factoring working capital companies exclude “progressive” construction companies such as ours. It appears that our last avenue is investors/venture capitalist’s if we are to continue on our current growth curve. Any assistance, advice or information will be greatly appreciated

I have a question for Mark. You’ve predicted that unconventionals will go global this year. Outside the US were do you predict the biggest activity will be? Who’s going to be the next biggest producer of oil & gas from tight plays?

second question, I’ve heard counter arguments that unconventionals will have difficulty going global do to the lack of infrastructure and services. What are your thoughts on this?

Mr. LaCour, I hope this message finds you well. I’m not sure if you remember me, but I sent you and James Hahn an email about possibly speaking at Pepperdine Law a few months ago. I’m sorry we weren’t able to finance the engagement, it certainly would have been a wonderful opportunity for students interested in O&G. A few weeks ago, I remember you stating on the podcast something about an O&G company that had set up a program to pay for tu…

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By Mark LaCour & Paige Wilson

4.7

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