CALGARY, AB--(Marketwired - May 2, 2014) - PLS Inc. announced today that its Spring 2014 Calgary DEALMAKERS™ Expo is taking place this Monday May 5 and deal flow is ample for this prospect expo. In fact PLS already has over 40 sellers bringing oil and gas prospects and projects to be on display. This power-packed, one-day prospect and property expo starts with breakfast at 9:00 am at the TELUS Convention Centre at 120 9th Avenue SE.
The oil and gas expo is presented by the Canadian Association of Petroleum Landmen (CAPL), Canadian Association of Petroleum Producers (CAPP), Canadian Society of Petroleum Geologists (CSPG), Explorers & Producers Association of Canada (EPAC) and Calgary Global Exploration Forum (CGEF). PLS expects over 60 booths filled with deal prospects and over 400 oil and gas industry professionals in attendance.
As with all DEALMAKERS Expos, prospect and property offerings will be shown from a number of energy basins. Sample Alberta deals include a 13-well prospect in the Alberta foothills area targeting the Cardium and Viking, a 23,000-acre Central Alberta Mannville farmout opportunity, and a 10,000-acre farmout targeting the Cardium and Turner Valley in Southern Alberta.
Saskatchewan offerings on exhibit include a > 23,000-acre prospect in the Long Lake area with potential for 50-100 wells, and a heavy oil pool project in the Segram Lakes area offering a half-to-whole operated working interest in the deal.
British Columbia offerings include a non-operated development opportunity for 40+ total wells with existing gas production in the Helmet/Helmet North area, and also a 52,000-net acre farmout in the Two Rivers area with a Montney objective.
The show has an international flavor with deals in the US and overseas. Sample deals for sale in the USA market include a 55,000+ acre oil prospect located in Chouteau County, Montana, a Reno County, Kansas project targeting the horizontal Mississippian w/ existing production that is cash flowing ~$320,000 per month, and additionally Permian Basin/Eastern Shelf properties and prospects. Deals from abroad include drilling opportunities in Brazil of varying sizes, and also several UK North Sea prospects (30 MMBOE+) that are available for purchase or farmout.
DEALMAKERS is the event to catch up on current plays and meet preeminent prospect generators, explorationists, property sellers, deal-takers, operators, non-operated working interest owners, capital providers, advisors, divestiture professionals, investment bankers and other energy executives active in buying, selling and funding oil and gas assets. Private equity groups, banks and mezzanine lenders regularly attend DEALMAKERS oil expo to network with energy industry professionals.
The day-long prospect expo provides ample opportunity for the oil, gas and financial communities to conference and network. The event includes a series of industry-focused breakout sessions that add depth and color covering topics including M&A, drilling deals, joint ventures and capital markets. Speakers include Paris Aden of Osprey Capital Partners, Jeff Lawson of Peters & Co, David Baboneau of Scotia Waterous, Brian Lidsky of PLS Inc, Mark A. Scholz of the Canadian Association of Oilwell Drilling Contractors, Sonny Mottahead of Black Spruce Merchant Capital, Ross Roberston of Durham Capital Corp, P. Gage Jull of Mackie Research Corp, Bruce Edgelow of ATB Financial and Barry Munro of Ernst & Young. To wrap up the day, there is also an afternoon networking cocktail reception.
PLS is still accepting requests for booths and in fact are FREE for companies selling deals. Sellers who would like to exhibit should call Cameron Loucks at (403)294-1906 or Brad Jamison at (713)650-1212 or go online to www.plsx.com/dealmakers to register immediately. Walkups are welcome.
About PLS's DEALMAKERS™
Started more than 20 years ago, DEALMAKERS™ is the original forum for buying and selling oil and gas prospects and properties. The one-day oil & gas show brings together buyers, sellers and capital providers to conduct prospect showings, transact deals and network with each other over the hottest oil and gas plays. PLS is managing additional oil and gas prospect and property expos this year in Calgary (October 8); Dallas (July 23); Houston (May 14 & October 1); Midland (October 28) and Denver (November 3).
PLS is an integrated information, transaction and advisory firm which manages the oil and gas industry's multiple listing service. The firm has expanded globally to provide buyers and sellers vital deal information as well as marketing and advisory services they need to better manage their portfolios and facilitate profitable transactions. Proprietary databases offered by PLS include OpFinder™ (a global listings database); PetroWire™ (an international projects database); docFinder™ (an interactive archive of industry presentations) and Global M&A (leading provider of M&A transaction comparables and metrics). PLS's industry reports are known throughout the industry for tracking A&D, exploration, capital markets, oilfield services and midstream markets. PLS also recently launched