Join this session to learn about Information Technology considerations to help you prepare your company for ASC Topic 842 – Lease Accounting. Opportune will cover best practices for adoption of Topic 842 and how your company’s technology decisions can be affected by common industry issues and the various transition approaches to adoption.

Learning objectives:

• Discuss key considerations to minimize unnecessary implementation-related efforts and common pitfalls to avoid

• Gain insights into Opportune’ s Topic 842 technology solution and what questions to ask potential software vendors to avoid unnecessary implementation costs

In a constantly evolving merger and acquisition (M&A) market, deal structuring is fluid and tax implications are unique and impactful to each situation. Weaver’s energy-focused tax partners will offer an interactive discussion on tax considerations when buying and selling assets in the current upstream and midstream markets.

Learning objectives:
• Focus on current acquisition/disposition considerations in both upstream and midstream deals
• Discuss strategies to minimize your tax liability on the sale of assets
• Touch on impact of new tax reform, including carried interest rules and 199A

As the oil and gas industry recovers from recent volatility, a new dynamic has emerged. From new macro-economics and geopolitical influences, to game-changing technology and generational shifts, what it takes to succeed in today's business environment has evolved. Wouter van Kempen, president, chairman, and CEO of DCP Midstream, a Fortune 500 natural gas company based in Denver, will give you his perspective on this new normal.

Learning objectives:

• Understand key macro dynamics within the full value chain of the oil and gas industry

• Understand how technology is playing a critical role in how the industry improves its safety, environmental impact, and the bottom line

This session will explore developments and opportunities in digital innovation in the upstream oil and gas sector.

Learning objectives:

• Introduction to digitalization in upstream oil and gas

• Discussion of priority areas of opportunity and key success factors

This session will cover the private equity markets with a focus on energy private equity firms. Topics will be wide ranging, but include changes seen by investors as well as general partners. Topics will include supply/demand economics, investor appetite for oil and gas investments as well as renewables and fundraising overviews.

In this session, we will explore:

• What does it take to raise an institutional private equity fund?

• What types of investors are investing in energy funds, both traditional and renewable?

• Where can you make money in a lower oil and gas price environment?

• Trends in investment vehicles

The session will present current Cyber Threats, discuss Emerging Trends, and provide Mitigation Strategies to address many common and emerging risks.

Learning objectives:

• Learn about current and anticipated changes to the Cyber Threat landscape
• Discover mitigation strategies to address Cyber Threats

The session will provide an overview of the financial crimes the FBI is seeing and has identified as current trends to include romance scams, business email compromise, and high yield investment fraud. There will also be an FBI case study presented.

Learning objectives:

• Education on present day financial crimes

• Case study will highlight pitfalls and buzz words to be aware of when learning about investment or financing opportunities

A discussion and demonstration of how historical price trend analysis is more effective than relying on the strip to determine future price direction will be presented during this session. Different methodologies on how to review the trend and provide real-time analysis for the long, intermediate and short-term trends for oil and natural gas will be revealed.

Learning objectives:

• Price trend analysis

• Price forecasting

The first two years of the Trump Administration have had a significant impact on American politics, culture, and business. This session will start with a background on the current economic environment then discuss the impacts of the Trump administration.

Learning objectives:

• Examine the administration’s impact on politics and specifically the O&G industry at the midpoint of Trump’s first term
• Discuss recent results of the 2018 mid-term elections that specifically will have an impact on our industry in the future

This session will focus on certain key accounting, auditing and implementation aspects of ASC 842, Leases. The course will highlight key changes in lease accounting for lessees and lessors but will also focus on the transition requirements of the standard and those technical aspects important to the implementation of this new standard

At the end of this course, participants should be able to:

• Identify key changes in lease accounting for lessees and lessors under ASC 842 compared to ASC 840

• Recognize the definition of the lease and how to identify and allocate consideration to lease and non-lease components under ASC 842

• Identify the transition requirements under ASC 842, including the available practical expedients