Wednesday, September 24, 2014
7:30 am - 9:30 am CTThe Houstonian Hotel | 111 North Post Oak Lane | Houston, Texas 77024
Breakfast will be served beginning at 7:30 am, with presentations beginning promptly at 8:00 am.
8:00 am - 9:30 am CT
Dial-in information will be distributed prior to the program.
In response to chronically declining oil reserves and under-investment in both exploration and critical energy infrastructure, the Mexican government passed historic amendments to the Mexican Constitution, with President Enrique Peña Nieto promising quick implementation of legislation and regulations. On August 11, 2014, President Peña Nieto promulgated 21 new and amended laws, including a new Hydrocarbons Law. On August 13, 2014 the results of "Round Zero," the process by which state oil company Pemex is permitted to keep control of certain producing and prospective areas, was completed. Mexico is preparing for the first round of bidding, to be held early next year, and has published a general description of the areas it will cover.
With these laws, Mexico has reversed more than 75 years of strict state monopoly over upstream oil and gas exploration and production, and basic petroleum and petrochemical activities in Mexico, and has liberalized the electricity industry. If the government implements the reform in a manner acceptable to investors, Mexico will open the door to an enormous wave of foreign investment across the energy value chain.
At this Forum, we will discuss the reforms to date, the potential opportunities for investors and the challenges that remain ahead. Our speakers include Rogelio López Velarde, founding member of leading Mexican energy law firm López Velarde, Heftye y Soria; Joe Amador, Managing Director and head of Latin America investment banking for Houston's Tudor Pickering Holt & Co.; and Ken Culotta, head of King & Spalding's Global Transactions practice group, along with other participants from King & Spalding. The panel will invite questions and comments from the audience.
Ken Culotta – King & Spalding Partner
Rogelio López Velarde – López Velarde, Heftye y Soria
Joe Amador – Tudor Pickering Holt & Co.
————The King & Spalding Energy Forum is an informative quarterly series that addresses issues facing the energy industry.
Continuing Education Credit:1.5 hours of CLE credit will be applied for in CA, GA, NY, TX and, if needed, NC and VA. Attendees will receive a Uniform Certificate of Attendance via email within 30 days after the program to seek CLE credit in other jurisdictions. New York lawyers: This program is considered both Transitional in content and Traditional in format and approved for all lawyers.
King & Spalding LLP / 1180 Peachtree Street, Atlanta, GA 30309 | CA Provider # 10947
Wednesday, September 24, 2014 7:30 AM - 9:30 AMCentral Time
The Houstonian Hotel111 North Post Oak LaneHouston, Texas 77024
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