Enercom Presents ....

We've seen what SSN presented, but what about the rest of the conference
Index to presentations
http://www.enercominc.com/the-oil-and-services-conference/pdf-presentation-downloads/

Couple of very interesting non company presentations from Enercom. Highlights for me ... humor first ...

(a) in honor of the good doctor



and




back to serious stuff now (aww shucks)

(b) quite a few slides on world production, consumption, history, forecasts and the current state of play. The most important ones IMO

Production growth hitting the wall




Well Economics heading to zero at current prices using PRE-CASH D&C costs (post crash pricing helps out)




and noting "5 Positive Characteristics That Never Go Out of Style" from this presentation





and then saving the best for last...

(c) WHAT INVESTORS (i.e. us!!) are LOOKING FOR in O&G companies. I'll leave the positioning of SSN to the reader for discussion

CASH IS KING it seems




but GROWTH needs to be there




CASH IS STILL KING it seems




and while I've left out some of the peer comparisons on debt, this is the summary. DEBT IS MOST IMPORTANT




and the DEBT issue is summarized pretty much in these 2 pictograms!!




and





The source for all of the above comes from
http://www.enercominc.com/downloads_TOSC_2015/EnerCom-Greg-Barnett.pdf
and
http://www.enercominc.com/downloads_TOSC_2015/EnerCom-James-Constas.pdf

Recommend viewing the whole presentation.