Tuesday, March 9, 2010
Unlocking Value in Latin American Oil Reserves
4:35 - 6:00 PM

Related Documents:
Speakers
Enrique Sira Enrique Sira
Director, Latin America
IHS CERA
(Chair)
Alireza Moshiri Alireza Moshiri
President, Africa and Latin America E&P
Chevron
Bob Fryklund Bob Fryklund
Vice President
IHS CERA
Javier Gutierrez Javier Gutierrez
President
Ecopetrol S.A.
Luis Giusti Luis Giusti
Chief Executive Officer
Alange Energy

In recent years many of the largest discoveries worldwide have taken place in Latin America. Despite its large hydrocarbon potential, Latin America continues to find numerous challenges when it comes to developing its hydrocarbon resources. Departure from market oriented regulations in traditional oil exporting countries coupled with an unprecedented global economic crisis places a question mark on the region?s ability to attract much needed investment funds, technological resources and know-how.

Key Questions. What will be the future role of state sponsored investors in the region?
Are the skills, know how and financial backing they will bring into the region a good match?
What will be the likely level of government intervention going forward and how will it impact future developments in the region?
What is the key to value creation in frontier provinces like presalt in Brazil?
What are the challenges?
What main changes are needed in order to attract and secure needed capital and technological resources needed by the region?
Who will be the winners in the capital allocation race and how will the balance of power shift with the emergence of new producers in the region?