Home > Events > The Haynes Boone Energy Series: The Oil and Gas Sector in the Age of Energy Transition

The Haynes Boone Energy Series: The Oil and Gas Sector in the Age of Energy Transition

Oil & Gas
Tue Jun 25

The Haynes Boone Energy Series: The Oil and Gas Sector in the Age of Energy Transition

Oil & Gas
Tue Jun 25

The Haynes Boone Energy Series: The Oil and Gas Sector in the Age of Energy Transition

Moderated by Michael A. Freeman, partner at Haynes Boone. Featuring panelists Matt Baker, managing director, energy, Prudential Private Capital; Jesse Bomer, co-founder & general counsel, Edge Natural Resources LLC; Derek Dixon, former director – business development, acquisitions & divestitures, Chesapeake Energy; John Roby, chief executive officer, CPX Energy.

Time:
6:00 pm - 7:30 pm CT

Part of the

Haynes Boone Energy Series

Oil & Gas

As the U.S. and other developed economies explore and invest in opportunities to transition to renewable energy, it raises the question as to what happens to the oil and gas industry? Despite government-led initiatives (including the 2022 Inflation Reduction Act, which incentivizes the private sector to move towards green energy), electric vehicles – a bellwether of the energy transition economy – represent a minority of total new car sales, with several international automotive manufacturers slowing their electric vehicle plans and concentrating on hybrid vehicles. Ever increasingly complicated geo-politics, military conflicts, and the growing needs of developing nations and emerging economies continue to create volatility in the energy commodities markets, while also driving demand. Simultaneously, nascent renewables technology and doubts as to the build out of the U.S. electric infrastructure raise issues about the speed of the energy transition. Given these complex factors, what are the market expectations for actors in the oil and gas sector, and what additional effects will the recent multi-billion dollar consolidations have?

ABOUT THE MODERATOR

Mike Freeman

Michael A. Freeman is a partner at Haynes Boone. He maintains a corporate, M&A and energy practice, with an emphasis on advising E&P, midstream and other energy related companies. Mike’s practice focuses on the areas of mergers and acquisitions, oil and gas upstream, and other energy related acquisitions and divestitures, securities offerings, corporate and other entity governance and other commercial transactions. His practice also includes divestitures, recapitalizations, joint ventures, distressed asset sales and acquisitions, securities compliance, and general business law matters.

Mike has advised a wide range of clients, from large multinational corporations to emerging growth and middle market companies, in a variety of industries. In addition to corporate clients, Mike has worked with private equity investment funds and individual private investors and has extensive experience advising private E&P and midstream companies in their negotiations with private equity sponsors for equity commitments. Mike has also worked on international Corporate transactions involving companies and assets located in foreign countries, including Canada, England, France, the Netherlands, the Netherlands Antilles, the British Virgin Islands and French Caribbean territories.

ABOUT THE PANEL

Matt Baker

Matt Baker is a Partner in PGIM Energy Partners, the energy-focused, middle-market mezzanine debt and equity business sponsored by PGIM Private Capital. Before joining PGIM Energy Partners, he led a team responsible for marketing, originating and managing oil and gas related investments in Canada, Oklahoma, Western Texas and Ft. Worth. Baker joined Prudential in 2004. He received a BBA from Texas A&M University and an MBA from the University of Texas at Austin. He holds the Chartered Financial Analyst® designation.

Jesse Bomer

Jesse Bomer is Co-Founder & General Counsel of Edge Natural Resources LLC, a Dallas-based energy private equity firm with approximately $1.2 billion of assets under management.  Prior to co-founding Edge, Bomer was General Counsel of NGP Energy Capital Management, LLC.  During his tenure at NGP, Bomer led the structuring and execution of the substantial majority of NGP’s transactions.  Prior to joining NGP, Bomer was an associate in the Corporate and Securities group of Thompson & Knight LLP in Dallas, where his practice focused on the representation of energy private equity funds in all phases of their formation and operation.  Prior to joining Thompson & Knight LLP, Bomer was an associate at Johnson & Jones, P.C. in Tulsa, Oklahoma. Bomer received a B.S. in Finance, magna cum laude, in 2000 and a J.D., with highest honors, in 2003 from the University of Tulsa.

Derek Dixon

Derek B. Dixon is a seasoned professional with over two decades of experience in the energy industry. Most recently serving as a Director – Business Development, Acquisitions and Divestitures (A&D) at Chesapeake Energy Corporation, Dixon played a pivotal role in the company’s transformation from its bankruptcy emergence in 2021 to a premier energy company. Under Dixon’s leadership, Chesapeake Energy Corporation completed several major acquisitions, divestitures, and mergers, including the acquisition of Vine Energy and Chief E&D Holdings, the divestiture of Chesapeake’s oil assets in the Powder River Basin and Eagle Ford, and the recently announced transformative merger with Southwestern Energy. These transactions represent a total value of more than $20 billion and have cemented Chesapeake Energy Corporation’s position as a leading force in the energy industry. Dixon’s extensive experience in Business Development and A&D groups at Chesapeake Energy Corporation contributed significantly to the company’s success. He joined the company as an Acquisitions Analyst in 2003, and since then, he held various positions with increasing responsibilities, showcasing his leadership and strategic thinking abilities. Before joining Chesapeake Energy Corporation, Dixon began his career as an Accountant at Devon Energy. He graduated from the University of Central Oklahoma with a Bachelor of Business Administration degree in Finance, laying the foundation for his successful career in the energy industry

John Roby
John C. Roby joined CPX Energy in January 2022 and serves as the Chief Executive Officer. CPX Energy is a private oil and gas operating company and investment manager currently managing multiple pools of capital on behalf institutional and high-net-worth investors. Today, CPX is operating and developing oil and gas assets in the prolific Delaware Basin. Prior to joining CPX Energy, Roby was the founder and CEO of Teal Natural Resources and Verde Royalty Partners. Prior to Teal, he served as Chief Financial Officer for Titanium Exploration, a non-op oil and gas investment company and as an investment associate for both Congruent Investment Partners and Highland Capital Management.

Roby began his career at Occidental Petroleum where he held multiple roles including Production Engineer, Completions Engineer, and Reservoir Engineer. During this time, Mr. Roby worked both conventional and unconventional assets. He serves as an Advisory Member of Origin Minerals, LLC, a lithium brine resource start-up and as the Treasurer to the Dallas Producers Club. Roby previously served on the Board of Directors of non-profit ChandlerSpeaks. Additionally, he has been the recipient of multiple awards including Oil & Gas Investor – Forty under 40 and EY Entrepreneur of the Year Finalist Southwest. Roby holds a B.S. in Mechanical Engineering, with honors, from the University of Texas and an M.B.A. from Harvard Business School.

 

  • About the event

    As the U.S. and other developed economies explore and invest in opportunities to transition to renewable energy, it raises the question as to what happens to the oil and gas industry? Despite government-led initiatives (including the 2022 Inflation Reduction Act, which incentivizes the private sector to move towards green energy), electric vehicles – a bellwether of the energy transition economy – represent a minority of total new car sales, with several international automotive manufacturers slowing their electric vehicle plans and concentrating on hybrid vehicles. Ever increasingly complicated geo-politics, military conflicts, and the growing needs of developing nations and emerging economies continue to create volatility in the energy commodities markets, while also driving demand. Simultaneously, nascent renewables technology and doubts as to the build out of the U.S. electric infrastructure raise issues about the speed of the energy transition. Given these complex factors, what are the market expectations for actors in the oil and gas sector, and what additional effects will the recent multi-billion dollar consolidations have?

    ABOUT THE MODERATOR

    Mike Freeman

    Michael A. Freeman is a partner at Haynes Boone. He maintains a corporate, M&A and energy practice, with an emphasis on advising E&P, midstream and other energy related companies. Mike’s practice focuses on the areas of mergers and acquisitions, oil and gas upstream, and other energy related acquisitions and divestitures, securities offerings, corporate and other entity governance and other commercial transactions. His practice also includes divestitures, recapitalizations, joint ventures, distressed asset sales and acquisitions, securities compliance, and general business law matters.

    Mike has advised a wide range of clients, from large multinational corporations to emerging growth and middle market companies, in a variety of industries. In addition to corporate clients, Mike has worked with private equity investment funds and individual private investors and has extensive experience advising private E&P and midstream companies in their negotiations with private equity sponsors for equity commitments. Mike has also worked on international Corporate transactions involving companies and assets located in foreign countries, including Canada, England, France, the Netherlands, the Netherlands Antilles, the British Virgin Islands and French Caribbean territories.

    ABOUT THE PANEL

    Matt Baker

    Matt Baker is a Partner in PGIM Energy Partners, the energy-focused, middle-market mezzanine debt and equity business sponsored by PGIM Private Capital. Before joining PGIM Energy Partners, he led a team responsible for marketing, originating and managing oil and gas related investments in Canada, Oklahoma, Western Texas and Ft. Worth. Baker joined Prudential in 2004. He received a BBA from Texas A&M University and an MBA from the University of Texas at Austin. He holds the Chartered Financial Analyst® designation.

    Jesse Bomer

    Jesse Bomer is Co-Founder & General Counsel of Edge Natural Resources LLC, a Dallas-based energy private equity firm with approximately $1.2 billion of assets under management.  Prior to co-founding Edge, Bomer was General Counsel of NGP Energy Capital Management, LLC.  During his tenure at NGP, Bomer led the structuring and execution of the substantial majority of NGP’s transactions.  Prior to joining NGP, Bomer was an associate in the Corporate and Securities group of Thompson & Knight LLP in Dallas, where his practice focused on the representation of energy private equity funds in all phases of their formation and operation.  Prior to joining Thompson & Knight LLP, Bomer was an associate at Johnson & Jones, P.C. in Tulsa, Oklahoma. Bomer received a B.S. in Finance, magna cum laude, in 2000 and a J.D., with highest honors, in 2003 from the University of Tulsa.

    Derek Dixon

    Derek B. Dixon is a seasoned professional with over two decades of experience in the energy industry. Most recently serving as a Director – Business Development, Acquisitions and Divestitures (A&D) at Chesapeake Energy Corporation, Dixon played a pivotal role in the company’s transformation from its bankruptcy emergence in 2021 to a premier energy company. Under Dixon’s leadership, Chesapeake Energy Corporation completed several major acquisitions, divestitures, and mergers, including the acquisition of Vine Energy and Chief E&D Holdings, the divestiture of Chesapeake’s oil assets in the Powder River Basin and Eagle Ford, and the recently announced transformative merger with Southwestern Energy. These transactions represent a total value of more than $20 billion and have cemented Chesapeake Energy Corporation’s position as a leading force in the energy industry. Dixon’s extensive experience in Business Development and A&D groups at Chesapeake Energy Corporation contributed significantly to the company’s success. He joined the company as an Acquisitions Analyst in 2003, and since then, he held various positions with increasing responsibilities, showcasing his leadership and strategic thinking abilities. Before joining Chesapeake Energy Corporation, Dixon began his career as an Accountant at Devon Energy. He graduated from the University of Central Oklahoma with a Bachelor of Business Administration degree in Finance, laying the foundation for his successful career in the energy industry

    John Roby
    John C. Roby joined CPX Energy in January 2022 and serves as the Chief Executive Officer. CPX Energy is a private oil and gas operating company and investment manager currently managing multiple pools of capital on behalf institutional and high-net-worth investors. Today, CPX is operating and developing oil and gas assets in the prolific Delaware Basin. Prior to joining CPX Energy, Roby was the founder and CEO of Teal Natural Resources and Verde Royalty Partners. Prior to Teal, he served as Chief Financial Officer for Titanium Exploration, a non-op oil and gas investment company and as an investment associate for both Congruent Investment Partners and Highland Capital Management.

    Roby began his career at Occidental Petroleum where he held multiple roles including Production Engineer, Completions Engineer, and Reservoir Engineer. During this time, Mr. Roby worked both conventional and unconventional assets. He serves as an Advisory Member of Origin Minerals, LLC, a lithium brine resource start-up and as the Treasurer to the Dallas Producers Club. Roby previously served on the Board of Directors of non-profit ChandlerSpeaks. Additionally, he has been the recipient of multiple awards including Oil & Gas Investor – Forty under 40 and EY Entrepreneur of the Year Finalist Southwest. Roby holds a B.S. in Mechanical Engineering, with honors, from the University of Texas and an M.B.A. from Harvard Business School.

     

THANK YOU TO OUR SPONSOR
Haynes Boone
Kosmos Logo