Latin America - A Continent on Fire or Under Fire

Guest Speaker:
· Bob Fryklund, VP Upstream Research, IHS

Until two years ago Latin America held the top spot for global hydrocarbon discoveries. Brazil's massive pre salt play, along with discoveries in Peru, Venezuela and Argentina, led the way. But recently the pace has slowed down, caused in part by Brazil's shift in focus to development but also by the discovery of some other World Class plays in East Africa, the African Equatorial Margin and Kurdistan. Still Latin America has many new emerging or maturing plays.

Location:
Renaissance Houston Hotel - Plaza Ballroom
6 Greenway Plaza East Houston, Texas 77046 USA

NO WALK-INS ALLOWED
Online registration deadline: Two days before the event at 5:00 P.M.
(No refunds or cancellations will be accepted after this date.)

Presentation Details:

Presentation Abstract

Until two years ago Latin America held the top spot for global hydrocarbon discoveries. Brazil’s massive pre salt play, along with discoveries in Peru, Venezuela and Argentina, led the way. But recently the pace has slowed down, caused in part by Brazil’s shift in focus to development but also by the discovery of some other World Class plays in East Africa, the African Equatorial Margin and Kurdistan. Still Latin America has many new emerging or maturing plays.

But while the exploration potential in these new plays is encouraging, it is early days. Moreover, some of these plays seem to be weighted down by above ground issues, such as sovereign ownership, nationalization, lack of infrastructure, and local content requirements. It seems as the industry is under attack or at the least vastly misunderstood despite the host nations’ strong mutual dependency or addiction to the rent from the hydrocarbons as well as the employment and indirect benefits.

This talk will look at those plays and discuss both the opportunities and their challenges.

Bio Sketch

Bob Fryklund, VP Upstream Research, IHS

Based in Houston, Bob Fryklund is Vice President of Upstream Research for IHS, where he is responsible for providing strategic leadership for global clients.

Bob joined IHS in 2006, after serving as Libya president and Brazil country manager for ConocoPhillips. He brings more than 31 years of experience in the upstream oil and gas industry as an explorer and as executive manager. He has also held senior management positions in upstream with British Borneo, Union Texas and Hess.

Fryklund is an expert in exploration, opportunity assessment, acquisition, strategic planning and portfolio management. He has been involved in two of the largest oil and gas discoveries in the last 20 years and is well known for his insights around all four pillars of supply — unconventional resources, field growth, exploration and acquisitions.

A geologist, Fryklund holds an AB from Hamilton College and an advanced certificate in management. He has also completed advanced studies in business and geology from the University of Houston and the University of Tulsa, respectively. Bob is a member of the Houston Geological Society (HGS) and the American Association of Petroleum Geologists (AAPG).

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