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Plans Begin for Bigger, Better APPEX 2002

The Right Time, The Right Place, The Right People

Riding high on the success of last year's initial experience, the creators of APPEX 2002 are expecting this year's event to be not only twice as big but twice as successful as well.

This year's annual AAPG Prospect and Property Expo will be held Aug. 27-29 at the George R. Brown Convention Center in Houston, using as its theme "APPEX: The Right Time, The Right Place, The Right People."

AAPG, SIPES and the Houston Geological Society are the sponsors for an event designed to be both geoscientist and prospector friendly — it's a chance to display ideas, plays and properties to a large crowd at the time of year when most buyers are developing their budgets for the coming season.

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Riding high on the success of last year's initial experience, the creators of APPEX 2002 are expecting this year's event to be not only twice as big but twice as successful as well.

This year's annual AAPG Prospect and Property Expo will be held Aug. 27-29 at the George R. Brown Convention Center in Houston, using as its theme "APPEX: The Right Time, The Right Place, The Right People."

AAPG, SIPES and the Houston Geological Society are the sponsors for an event designed to be both geoscientist and prospector friendly — it's a chance to display ideas, plays and properties to a large crowd at the time of year when most buyers are developing their budgets for the coming season.

Last year's inaugural APPEX earned rave reviews from buyers and sellers alike; several prospectors reportedly sold up to five deals during the event, and early sign-ups have indicated a good chance of filling this year's 400-booth floor-plan.

And as was the case last year, APPEX will feature a "Dealmakers' Conference," which will begin at 8:30 a.m. on Tuesday, Aug. 27, offering a variety of talks and sessions to help both independents and majors. The program will include sessions on:

  • Capital Sourcing.
  • Acquisitions.
  • Divestitures.
  • New Exploration/Production Strategies.

Several major acquisitions and mergers will be featured that day, including a special session on the merger of Pan Canadian and Alberta Energy, which created EnCana, the largest independent in the Western Hemisphere.

Special emphasis will be EnCana's eastern Canada and offshore activity, with additional information concerning their large North Sea discovery.

The Expo itself will kickoff with the Tuesday night Icebreaker, with access to the APPEX booths at that time.

A mini-breaker is planned after Wednesday's full day of prospecting, followed by "International Night," featuring talks on the redevelopment of several abandoned fields on the UK North Sea Shelf via horizontal drilling and modern 3-D and 4-D seismic definition. Speakers will include Iain Murray, the British Consul in Houston, and Gene Van Dyke, Vanco Energy, who will recount Vanco's success as an independent in the North Sea and offshore West Africa.

APPEX continues on Thursday, Aug. 29.

More than 1,500 people participated in last year's APPEX, and general chairman Charles "Chuck" Noll is hoping — and planning — for twice that number this year.

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