APPEX to be a Prospect Bonanza

Buyers, Sellers to Get Together

Your chance to either sell or buy a prospect just got better.

Both opportunities will be available Aug. 27-29 in Houston at the inaugural AAPG Property and Prospect Exposition (APPEX), a new event that will emphasize sales opportunities for both domestic and international prospects.

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Your chance to either sell or buy a prospect just got better.

Both opportunities will be available Aug. 27-29 in Houston at the inaugural AAPG Property and Prospect Exposition (APPEX), a new event that will emphasize sales opportunities for both domestic and international prospects.

APPEX, a cooperative effort involving AAPG, the Society of Independent Professional Earth Sciences and the Houston Geological Society will be held at the Houston Adams Mark Hotel.

Those who have deals to show are invited to exhibit their offerings in the manner of the North American Prospect Expo, held annually in the early part of the year by the American Association of Petroleum Landmen.

The expo's goals are "to expose as many new geological and geophysical prospects and ideas to the widest market possible," said APPEX general chairman Charles "Chuck" Noll.

Torch Energy/PLS, Houston, which formerly sponsored a fall prospect exposition, has agreed to accept a marketing role in APPEX, which will be held in lieu of the previous PLS Dealmakers meeting.

Last fall, the Dealmakers meeting drew about 1,200 attendees and 135 booths. By comparison NAPE attracted over 8,000 attendees and over 1,000 booths at the 2001 meeting.

A pre-exhibition conference will be a part of APPEX, which will include educational workshops. Topics for past workshops include acquisitions and divestitures, exploration, sourcing capital, Internet services, marketing and hedging.

The deadline for passes to the expo/conference, and for reduced booth prices, is July 25.

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