#hottakeoftheday

Today the #hottakeoftheday podcast talks with Josh Young, Founder, Managing Partner, and Portfolio Manager of Bison Interests, for a wide ranging discussion on the market, investments, what’s next for oil and why an investment thesis works... until it doesn’t.

Interview

 

Podcast Audio

 

Josh Young official bio

CO-FOUNDER and Chief Investment Officer, Bison Interests

Josh is a Co-Founder of Bison Interests and serves as its Chief Investment Officer, leading Bison’s research and investment process. He is focused on idea generation, investment strategy and portfolio construction. He is responsible for managing Bison’s outside advisers across geology, engineering, finance and management. Josh has over a decade of professional experience investing in publicly traded oil & gas stocks. He was previously Chairman of the board of Iron Bridge Resources, a publicly traded E&P. He led the reconstitution of the board and management there, $80 million in asset sales and the sale of the company for $142 million. Prior to Bison, Josh was Portfolio Manager of Young Capital Management, a board member of Lucas Energy (LEI) – a small cap publicly traded oil producer, and an investment analyst at a multi-billion dollar, single family office, which was nominated as Institutional Investor’s Single Family Office of the Year. He has been profiled on the front page of Bloomberg.com and in Oil and Gas Investor Magazine, interviewed as an energy expert in broadcast media outlets like Fox News and Al Jazeera, quoted in publications including Barron’s and Reuters, and regularly speaks at industry events. Josh graduated with honors from the University of Chicago where he earned his Bachelor’s in economics.

 

Related Links

* COVID-19 Breaks The Super Major Business Model - Chevron Is An Avoid

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* Shell Shares Crash: COVID-19 Breaks The Super Major Business Model

 

When the business climate can change so quickly, or technology can make your product obsolete in a matter of months, having a right compensation plan, strong board and guiding mission can be useful for managing a crisis like COVID.  Today I was joined by Seymour Burchman and Blair Jones of Semler Brossy to talk about Seymour’s article, and they way to think through designing companies for the future.

Join me for this wide ranging discussion where we talk about many of the following (and in #hottakeoftheday format….)  Many, many more like Amazon, Google, Uber, Airlines, Home Depot, GE and Exxon.

 

 

Podcast audio

 

Official bio - Blair Jones

MANAGING DIRECTOR

Blair Jones has been an executive compensation consultant since 1991. She has worked extensively across industries, including healthcare, retail, professional services and consumer products, and has particular depth of expertise working with companies in transitional stages. Blair currently serves as a member of WorldatWork’s Executive Rewards Advisory Council. Prior to joining SBCG, Blair was the practice leader in Leadership Performance and Rewards at Sibson and an Associate Consultant at Bain & Company. Blair holds the designations of Certified Benefits Professional (CBP), Certified Compensation Professional (CCP), and Certified Executive Compensation Professional (CECP).

INDUSTRY EXPERTISE

Deep expertise in advising companies in transition

FEATURED IN

NACD/Directorship, Workspan, Agenda, The Corporate Board, NYSE Governance Series

OF INTEREST

Named to the D100, NACD Directorship Magazine’s annual list of the most influential people in the boardroom community, including directors, corporate governance experts, regulators, and advisors, for seven consecutive years (2013–2019).

 

Official bio - Seymour Burchman

MANAGING DIRECTOR

Seymour Burchman has been an executive compensation consultant for over 20 years. His work focuses on reinforcing key strategies and leading to improved shareholder value through the identification of performance measures and goal setting processes. He has served companies across a wide range of industries, including financial services, healthcare, high technology and publishing.

INDUSTRY EXPERTISE

Financial services, healthcare, high technology and publishing.

FEATURED IN

NACD/Directorship, Workspan, Advancing the Dialogue

 

Associate Links

* Executive Comp

 

Today, I’m joined by the acting Chief Economist of Wells Fargo bank, Jay Bryson.  I think it’s fair to say that at very few points in history, have an understanding of the machinations of our economic system been so interesting or relevant.  What is the role of the Federal reserve?  What does it mean to be the buyer of last resort?  What happens to the bonds they bought?  Municipal government spending?  Inflation or deflation and why does it matter?  What happens to unemployment?  Does the debt matter?  How about tax rates?  Spending?

All the issues.  Laid out in a way you can think about “why is this the forecast and what does it mean to my future?”

I hope you enjoy the conversation.

DRW

 

Podcast audio

 

Jay's official bio

Managing Director and Acting Chief Economist Wells Fargo & Company

Jay Bryson is the managing director and acting chief economist for Wells Fargo Securities. He has been the acting chief economist since August 2018. Between 1998 and 2018, he was Wells Fargo’s global economist, a role in which he provided analysis on macroeconomic and financial developments in the major economies of the world.

Before joining the company, Jay was an economist in the Division of International Finance at the Federal Reserve Board in Washington, D.C. He started his career as an assistant professor of economics at the University of Alabama. He has also lectured on international economics and macroeconomics at the School for Advanced International Studies at Johns Hopkins University and Georgetown University. He has published in academic and popular economic journals, and his comments on the economy regularly appear in The Wall Street Journal, the New York Times, and USA Today. He makes frequent appearances on CNBC and Bloomberg TV.

Jay received his B.A. and Ph.D. degrees in economics from the University of North Carolina at Chapel Hill.

Jay is a member of the American Economic Association and the Charlotte Economics Club. He is also a member of the National Association for Business Economics and served on its board of directors from 2010 to 2013.

Associated Links

* Deflation

* State bonds

 

A bit of a rough start, technology-wise, but Episode 42 is up and available in video and audio formats, below.  Thanks to all who participated and joined in the discussion.

 

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Today, I am joined by a legal mind in the oil and gas industry, Bresee Carlson, to talk about shut ins, force majeure, the challenges of where commas go in documents and the change in meaning in the law.  She includes a great walk through document (supporting documentation, below) for shut in decisions and the concept that any legal action is a last result relative to negotiated settlements and win-wins.

If you have a kid that wants to be a lawyer, I suggest both you and they listen to the episode - you can really see the different way of thinking between lawyers and engineers in the way we look at problems and solutions that we talked through.

I had a lot of fun, and I hope you enjoy.

 

Podcast

 

Bresee's official bio

Bresee Carlson is a Partner at Kuiper Law Firm LLP.  Bresee attended law school at the Sturm College of Law in Denver, CO with aspirations of providing guardian ad litem services for Colorado children.  After graduation from Sturm College of Law in 2009, Bresee was introduced to the energy industry.  Bresee provided operational land support in the field through a brokerage firm, transitioned to in-house land work, and ultimately decided to make property issues and land work in the energy industry her staple practice.  Bresee’s practice has focused primarily on drafting mineral title opinions, leasehold review, and contract review. Bresee is actively engaged in the DAPL, WAPL, and RMMLF and enjoys participating in and furthering education inland work as co-chair of the DAPL Education Committee.

In her spare time Bresee attempts to keep up with her three children (generally failing miserably) and volunteers with the Rocky Mountain Children’s Law Center providing guardian ad litem services for protection order proceedings, or can be found on a golf course.

 

Supporting Documentation

Bresee's Hottake on Leasehold Preservation

* In the presentation, "BP" stands for best practices

Letter Re Orphaned Well Reclamation

 

 

It’s rare you meet someone that started life as an environmental activist, moved to environmental science, regulations and finally, industry advocacy.  As you can imagine, Tisha and I had a really interesting chat about the future of oil and gas and the difference between hearts, minds, data and religion.

The Tisha Schuller Interview

 

Podcast

 

Tisha's Official Bio

TISHA SCHULLER

Principal, Adamantine Energy

Tisha Schuller founded Adamantine Energy to provide thought leadership to future-proof energy businesses against rising social risk. Tisha consults private clients from Fortune 500 energy companies to non-profit environmental organizations in energy policy, business strategy, politics, and community engagement. She also serves as the Strategic Advisor for Stanford University’s Natural Gas Initiative. In 2017, Tisha chaired Stanford’s symposium to reduce energy poverty in the developing world using natural gas. Previously, Tisha served as President & CEO of the Colorado Oil & Gas Association and as Principal and Vice President with Tetra Tech, a national environmental consulting and engineering firm. She has a B.S. from Stanford University. Tisha serves on many academic and non-profit boards including The Breakthrough Institute, The Energy for Growth Hub, The Denver Museum of Nature & Science Institute Strategic Council, and she is a member of the National Petroleum Council, an advisory board to the Secretary of Energy under both the Obama and Trump administrations. Tisha’s book, Accidentally Adamant was published in 2018. Tisha authors a weekly series entitled Both of These Things Are True.

Sign Up for Tisha’s Weekly Email Series Both of These Things Are True

Episode 39 was once again Live streamed on our YouTube channel is available in video and audio formats, below.  Thanks to all who participated and joined in the discussion.

 

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We welcome back our first repeat guest after the last episode probably woke a lot of people up to COVID and the state of the world, I think this one will too.

In the balance between health and economy, and what comes next, we cover all the topics.  I love chatting with Mark because I always learn and as an analyst and observer, he speaks his mind and backs it with data.  Something you can imagine I deeply respect and value.

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Today we talk with Enverus Founder and Board Member Allen Gilmer over a huge range of topics, from building a tech company in the oil and gas space to process improvement to the future of life in oil and gas and working from home, power consumption and life in a COVID-19 world.

If you don’t know Allen from launching DrillingInfo and growing it into what is now the Enverus behemoth, I think you’ll find you enjoy the conversation as much as I did.

Podcast

 

Allen's official bio:

Prior to co-founding Enverus in 1999, Allen was an independent oilman for seven years, co-founding three profitable exploration & production companies. He began his oil patch career with Marathon Oil Corporation, as a geophysicist working in research, seismic acquisitions, and South American exploration. Allen is active in all aspects of Enverus’s new product development and is widely recognized for his leadership and vision. He holds several patents in the field of component seismology. He earned a Bachelor of Arts degree in geology from Rice University and a Master of Science in geology from University of Texas at El Paso.

Our first Live stream event was not without some first hiccups, but we managed through it.  If you have any comments, please share below!

 

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