Rising gasoline prices, mounting tensions in the Middle East, and declining access to cheap natural resources have put a premium on our nation’s ability to find and produce affordable energy. While significant attention was given to alternative energy sources in the past decade, new and innovative technologies have emerged in the traditional energy field to locate and extract oil and natural gas. In fact, many experts now predict that energy self-sufficiency for the United States can be attained in time.
What forces contributed to this incredible turnaround in our nation’s energy fortunes? Is this too good to be true? Is there a catch?
Coronado Venture Forum and event sponsor UBS/Aster Investment Group have assembled a star panel of thought leaders to share their unique insight on innovation in the traditional energy industry. The evening begins with an overview perspective by Kurt Reiman, Head Thematic Research, UBS, who looks at investment opportunities in the decade ahead and what is driving new sources of energy.
A New Mexico expert panel comprised of David Albin, Managing Partner, NGP, Scot Ellis, Manager, Area 52, and Ned Godshall, CEO, Altela, Inc. and moderated by Thomas Stephenson, Managing General Partner, Verge Fund will delve into the latest technological trends and opportunities in the traditional energy industry and how these factors will impact New Mexico and the United States in this new energy future.
This is a “must attend” event and we look forward to seeing you on April 19th. Be sure to sign-up today.
Date: Thursday, April 19, 2012
Time: 6-8 pm (5:30 pm cocktails)
Venue: Doubletree by Hilton
4048 Cerrillos Road
Santa Fe, NM 87507
Cost: $22.50 in advance (credit card payments); $25 at the door (cash and check only).
Kurt E. Reiman
Head Thematic Research―Americas
UBS Wealth Management Research
Mr. Reiman heads the thematic research group within UBS Wealth Management Research in the Americas. As senior editor of “UBS research focus”, one of WMR’s flagship research publications, he has published on a wide range of issues, including demographics, climate change, natural resource scarcity, infrastructure and emerging markets.
Kurt began his career with UBS in 1999 when he joined the predecessor firm PaineWebber in New York as an associate in the fixed income strategy team. He later built the firm’s US preferred securities research platform. He and his family lived in Zurich, Switzerland from May 2006 to January 2010. Before joining UBS, Kurt held positions in economic and financial market research at Reuters in Stamford, CT.
Mr. Reiman has been featured in national and international media outlets, such as The Wall Street Journal, Bloomberg, Reuters, The Globe and Mail and NZZ. He regularly shares his findings as a featured speaker at UBS events and has also appeared on CNBC and the Business News Network.
Kurt holds a master’s degree in international relations from the School of Advanced International Studies at the Johns Hopkins University, where he specialized in international economics. He received his bachelor’s degree in business from the State University of New York at Plattsburgh, where he specialized in economics and international business.
Manager Area 52
ETC―Strategic Planning & Organizational Capability
Mr. Ellis started with a small wellbore design consulting company which merged with Halliburton/Landmark, he worked there for 10 years providing consulting in drilling and completion design, workflow and project management.
He left there as team lead/operation manager to join the Completion unit of CETC bringing his experience of wellbore design. Since joining the Completion unit he has branched out to provide reliability, intelligent completion and hardware skills. Scot also operated as the D&C member of the Chevron StatoilHydro Joint Technology Team, an alliance with StatoilHydro in technology of CVX joint assets.
Scot moved on to join the ETC SPOC Alliance team, becoming the Manager of Area 52™ – Chevron’s prototype research facility in Santa FE, NM through which the INFICOMM Technology was commercialized. He has 16 years experience working in the Gulf of Mexico. North Sea and various International locations.
Scot holds an MSc degree in Offshore Engineering from Robert Gordon University, Aberdeen Scotland. Scot is also published in World Oil on control line reliability.
David R. Albin
Managing Partner, NGP
Mr. Albin co-founded NGP in 1988 and serves as Managing Partner. He co-manages NGP’s investment portfolio and the day-to-day investment sourcing efforts of the firm. He pays particular attention to covering theRocky Mountain and West Texas regions from his office in Santa Fe, New Mexico. Mr. Albin is a creative negotiator and facilitator, providing skills that help NGP’s portfolio companies with their strategic decision making. He also takes a keen interest in analyzing macroeconomic data relevant to the energy industry, which results in his early identification of trends that impact NGP’s investment strategy as well as its portfolio companies.
Prior to forming NGP, Mr. Albin was a Partner in the Bass Investment Limited Partnership (“BILP”), an investment partnership formed by the Bass family of Fort Worth, Texas. BILP’s $600 million equity capitalization increased in value to over $1.4 billion from 1984 through 1988, with a return on capital in excess of 40%. Before joining BILP, Mr. Albin was a member of the Oil and Gas group in the Investment Banking division of Goldman, Sachs & Co. from 1981 until 1983, where he worked on financing and merger/ divestiture transactions for numerous oil and gas companies.
Mr. Albin received a B.S. in Physics in 1981 and an M.B.A. in 1985 from Stanford University.
CEO, Altela, Inc.
Mr. Godshall, President and Chief Executive Officer: Ned co-founded Altela in 2004, a 40-employee water desalination company based in Albuquerque and Denver, whose initial market is the generation of clean water from the oil and gas industry’s primary waste product: ‘produced water’. Ned is a serial entrepreneur who has founded and led four high-tech start-up companies since leaving Sandia National Laboratories in 1994. With extensive experience in venture-backed start-up and development-stage companies, both as an investor and founder, he first negotiated seed-round financing with venture capital firms and established the accounting, payroll, budgeting, tax, project management, IP, and corporate legal systems before leading these companies in their development and growth phases.
Prior to co-founding Altela, Ned’s most recent for-profit efforts have been in the ‘clean-tech’ space: the hydrogen economy (MesoFuel, Inc.) and photovoltaic solar cells (Advent Solar, Inc.). MesoFuel developed a new product for hydrogen fuel cells, and was sold to an international company less than two years after he founded it in 2002. He then became a Director and Chairman of the Board of Advent Solar, which completed two successful rounds of venture capital investment totaling $38 million during his tenure as Chairman.
He also serves on numerous civic and non-profit Boards, including being named the 2011 Chairman of the University of New Mexico Anderson Business School’s Foundation Board, and is a Leadership New Mexico alumnus. Ned received his Ph.D. and M.S. degrees in Materials Science and Engineering from Stanford University, his MBA from the University of New Mexico, and his B.S. in Materials Engineering from Drexel University.
Thomas J. Stephenson
Managing General Partner, Verge Fund
Mr. Stephenson is the Managing General Partner of Verge Fund, a New Mexico-based venture capital fund, which focuses on investing in seed and early-stage technology investments in the Southwest. Prior to Verge, Tom was a General Partner of Murphree Venture Partners in several Murphree funds, with responsibility for fundraising, deal sourcing, and board representation on portfolio company boards of directors.
Before receiving his M.B.A. from The University of Texas at Austin, Tom had been a member of the science department faculty at his prep school alma mater, the Albuquerque Academy, in Albuquerque, New Mexico. While completing his B.A. in Physics at Rice University, Tom worked several summers as a technical aide at the Los Alamos National Laboratory.
Tom serves on the Board of Directors of Verge Fund portfolio companies Altela, LiquidPractice, Nanocrystal, Pajarito Powder, TruTouch Technologies and Wellkeeper. He is or has served on the board of several non-profit organizations including: Association of Commerce and Industry, Coronado Ventures Forum, Innovate El Paso, and the New Mexico Technology Council, and is currently the President of the NM Venture Capital Association.