American Oil and Gas Reporter - November 2022 - 16

IndustryDigest
Inaugural Class Named
For NAPE Hall Of Fame
FORT WORTH-In celebration of
30 years of dealmaking, NAPE Expo
LP says it has launched the NAPE
Hall of Fame.
" We are thrilled to celebrate our
inaugural Hall of Fame inductees and
recognize their role in creating the
place where deals happen, " says
NAPE Advisory Board Chairman
Grant Johnson.
According to NAPE, individuals and
companies making up the inaugural class
of NAPE Hall of Fame inductees are:
· Jack Deeter (posthumous);
· Mike Grimm;
· Hellen Reasoner Hutchison;
· Marty Searcy;
· Le'Ann Callihan
· BPX Energy (Amoco, Arco,
Vastar, BP);
· Chevron (Unocal); and
· Oxy (UPRC, Anadarko).
" On behalf of the NAPE Operators
Committee, NAPE Advisory Board and
entire NAPE community, we wanted to
thank as well as recognize these
dealmaking leaders for their unwavering
support of NAPE and the energy
industry, " relates NAPE Operators
Committee Chairman David Cape. " As
champions of dealmaking and
innovation, they help empower the
industry that powers the world. "
NAPE says it has come from humble
beginnings. Three decades ago,
members of the American Association
of Professional Landmen envisioned a
new marketplace for buying, selling and
trading prospects and producing
properties. The first NAPE expo was
held in 1993 in a single ballroom at the
Westin Galleria Hotel in Houston with
781 attendees. Although some early
naysayers likened it to a starving artist
sale, event organizers recount, NAPE
quickly gained momentum. Adding the
Independent Petroleum Association of
America, Society of Exploration
Geophysicists and American
Association of Petroleum Geologists as
partner hosts, NAPE continued to
expand. Today, NAPE says it is the
largest energy prospect expo in the
world, as well as an excellent venue for
energy professionals to meet, network,
learn and do business.
" Thanks to the vision, leadership and
tenacity of NAPE's founders and early
supporters, NAPE has grown into the
16 THE AMERICAN OIL & GAS REPORTER
premier marketplace for dealmaking,
connecting and sharing innovative
ideas, " Johnson says. " We are thrilled to
celebrate our inaugural Hall of Fame
inductees and recognize their role in
creating the place where deals happen. "
The NAPE Hall of Fame Class of
2023 officially was recognized on Oct.
25 at the NAPE 30th Anniversary
Kickoff Party at Saint Arnold Brewing
Co. in Houston. Inductees also will be
honored at a special Hall of Fame area
at NAPE Summit in February. To
register, visit napeexpo.com/summit.
" The secret to NAPE's longevity is
it is made up of a community of
visionary and innovative dealmakers
who are truly champions for the
energy industry, " reflects NAPE and
AAPL Vice President Le'Ann P.
Callihan. " NAPE is unique in that it is
brought to industry by four not-forprofit
organizations, which means all
profits from NAPE events go back to
AAPL, IPAA, SEG and AAPG to
support scholarships, education,
advocacy and other initiatives that
benefit the entire energy industry.
That's something very special. " ❒
OOGA Charity Event
Raises $15,000 For
Industry Scholarships
CAMBRIDGE, OH.-With its fourth
annual community charity game, the
Ohio Oil & Gas Association has raised a
record $15,000 for the Ohio Oil & Gas
Energy Education Program Scholarship
Fund to support the next generation of
oil and gas industry professionals.
Since the association began hosting
annual charity competition events,
OOGA members have raised more than
$65,000 in support of nonprofit groups
and initiatives across eastern and
southeastern Ohio, including the
Foundation of Appalachia and the MidOhio
food bank. Following 2019's
" Oilfield of Dreams " softball game, the
2020 " Showdown on the Playground "
kickball game, and the 2021 " Volley for
the Valley " volleyball tournament, the
2022 event was " Corn Hole For A
Cause, " a 26-team tournament that
Ascent Resources hosted at its
Cambridge field office.
" As an industry, we are laser-focused
on safely and responsibly producing
energy from Ohio's abundant natural
resources, " says OOGA President Rob
Brundrett. " However, we want to
always remember that there is a social
responsibility aspect to the association
and the industry as well. Those of us at
OOGA like to lean on the phrases 'To
whom much is given, much will be
required' and 'Think global and act
local.' As employees in this great
industry, we have been given a great
opportunity to help those in need with
the resources we have available. These
events are a fun way to do just that. "
" This overwhelming support will go
directly to assist students perusing a
career in Ohio's robust natural gas and
oil industry, " affirms OGEEP Executive
Director George Brown. " Homegrown
Ohio energy offers over 75 different
career paths which span all types of
backgrounds. This event showcased that
Ohio's energy industry is serious about
developing the workforce of the future
and continuing to grow the economy
and provide lifelong job opportunities
across the state. We are thankful to
OOGA and its members for their
leadership on this event. " ❒
Continental Deal
Returns Company
To Hamm Family
OKLAHOMA CITY-Continental
Resources Inc. announced in midOctober
that it had entered an
agreement and plan of merger with
Omega Acquisition Inc., an Oklahoma
entity that is owned by Continental
founder Harold G. Hamm.
Under the agreement, Continental
says Omega will commence a tender
offer to purchase about 58 million
outstanding shares of Continental
common stock at $74.28 a share, other
than those owned directly or indirectly
by Hamm and his family and shares of
common stock underlying unvested
equity awards issued under
Continental's long-term incentive plans.
Press accounts say the deal values
Continental at about $27 billion.
Hamm is chairman of Continental's
board of directors, and the company
says he and the rest of the Hamm family
collectively own approximately 83% of
Continental's common stock at the time
of the deal.
The Wall Street Journal notes that
Hamm first offered to take the company
http://www.napeexpo.com/summit

American Oil and Gas Reporter - November 2022

Table of Contents for the Digital Edition of American Oil and Gas Reporter - November 2022

Contents
American Oil and Gas Reporter - November 2022 - Intro
American Oil and Gas Reporter - November 2022 - Cover1
American Oil and Gas Reporter - November 2022 - Cover2
American Oil and Gas Reporter - November 2022 - Contents
American Oil and Gas Reporter - November 2022 - 4
American Oil and Gas Reporter - November 2022 - 5
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American Oil and Gas Reporter - November 2022 - Cover3
American Oil and Gas Reporter - November 2022 - Cover4
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