[June 01, 2016]

Association of International Petroleum Negotiators Inaugural International Petroleum Summit Attracts Almost 300 Attendees from 23 Countries and Garners Praise from Media, Sponsors, and Members; 2016-2017 Board of Directors Installed During Summit

The Association of International Petroleum Negotiators (AIPN) (www.aipn.org) hosted its inaugural International Petroleum Summit May 9-12 in The Woodlands, Texas. The summit attracted 284 registrants from 23 countries representing a variety of oil and gas industry businesses. Many speakers addressed challenges and changes in the industry and offered ideas for adaptation to the shifting landscape. Throughout the summit, attendees heard key advice on negotiation techniques and strategies as well as the state of the mergers and acquisitions market as it relates to funding and the overall health of businesses in the oil and gas sectors. Many cited the keynote addresses were filled with practical and trending information they could use and share with colleagues. Overall, feedback from attendees indicated all aspects of the summit exceeded their expectations.

Media outlets also found the Summit content robust and germane to the industry's current state. Reporters from Reuters, Rigzone, and MergerMarket published stories online during the event. Texas Bar Journal is preparing an article with keynote speaker and former United States Secretary of State James A. Baker, III, for the magazine's online blog and will be published in its June issue.

More than 16 sessions and keynote addresses, networking events, receptions and an evening gala delivered tremendous value to attendees who observed in-depth interviews with industry leaders, conferred on relevant inustry topics, and watched interactive presentations.

"I heard from many enthusiastic attendees that the sessions and conversations they sparked were extremely engaging and valuable. I commend summit co-chairs, Bill Cline, senior advisor, Gaffney, Cline & Associates, Inc.; Tony Cioni, partner, Torys LLP; and Guly Sabahi, partner, Dentons US LLP; and our board of directors, staff and volunteers for organizing and hosting a conference that offered best practices and strategies for negotiating petroleum transactions while also addressing industry issues and challenges," commented David Davies, the newly elected president of AIPN. "This inaugural summit marked the beginning of an ongoing series of annual AIPN summits that will showcase opportunities to discuss current concerns in the oil and gas business. We will actively solicit and incorporate feedback and recommendations from attendees to ensure that high caliber speakers and meaningful content are standards of excellence associated with AIPN and our programs."

The summit commenced with the association's annual board meeting where members of the 2016-2017 Board of Directors took office. More details on each board member can be found on the Officers and Directors web page.

Comprehensive news releases on the summit and the board installation can be viewed on AIPN's Press Releases web page.

An event of this magnitude only happens with the support of sponsors and endorsers, the board of directors, volunteers and AIPN staff. AIPN wishes to acknowledge platinum sponsor Baker Botts LLP along with the following sponsors and endorsers: K&L Gates LLP; Vinson & Elkins LLP; Miranda Law Firm; NAPE; Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados; Morais Leitao, Lagvao Teles, Soares da Silva Associados; BP; FMC Technologies; Oil States Industries, Inc.; American Association of Petroleum Landmen; American Bar Association Section on International Law; Institute for Energy Law; Petroleum Joint Venture Association; and Oil, Gas and Energy Law (OGEL).

Photographs available at https://www.flickr.com/photos/aipn/albums or available upon request.

More About AIPN

The AIPN was founded in 1981 to enhance the professionalism of cross-border energy negotiators throughout the world, now made up of more than 4,000 members in more than 110 countries, representing numerous international oil and gas companies, host governments, law firms and academic institutions. AIPN members come from a variety of disciplines: commercial, technical, academic and legal. The association hosts several high quality events annually that provide networking opportunities and valuable educational programs and tools. The AIPN aims to help international energy negotiators be better prepared to meet the challenges of today's competitive global energy market. For more information, please visit www.aipn.org.

More About the AIPN International Petroleum Summit

The International Petroleum Summit offers days of intense learning, business networking, and career enhancement. The International Petroleum Summit conference program includes daily keynote speakers, updates on the latest global and regional industry developments, recent project case studies, sessions to strengthen negotiation and other commercial skills, fireside interview sessions, and segments to promote career growth and advancement. Conference attendees can earn Minimum Continuing Legal Education (MCLE) hours through the State Bar of Texas.

Relevant conference sessions will be offered as on-demand webinars in the coming months. To access AIPN's full library of webinars, please visit http://aipn.org/pages/webinars.aspx.

PHOTOS AND INTERVIEWS AVAILABLE UPON REQUEST

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