Welcome to the Energy Finance Discussion Group (EFDG) Web Page.

Please put 7:30 AM - 9:00 AM, Tuesday September, 11th 2018, on your calendar for the next Energy Finance Discussion Group breakfast.

Jeff Nichols, Partner, and Christopher Reagen, Associate Attorney, for Haynes and Boon LLP will present:

“RBLs loss and DrillCo’s Gain.” 

Reserve Based Lending (RBL) has lost ground to DrillCos as a financing structure for new companies.  Mr.’s Nichols and Reagen will address the causes of this trend.  They will list some recent transactions.  There will be a discussion of OCC guidelines, and their impact on oil and gas lending.  They plan to discuss potential alternatives to RBL’s including DrillCos, and will discuss structures, terms and potential negotiation points for DrillCo formations going forward.

Jeff Nichols has more than 19 years of experience representing a variety of clients in the energy and finance industries with secured and unsecured credit facilities, project finance and other structured energy transactions. As the chair of the Energy Practice Group, Jeff has broad experience in all facets of the energy business with a focus in the merchant energy industry particularly on working with ISDA, NAESB, EEI and other industry form agreements. Jeff regularly speaks and writes on current topics in the energy industry.  Jeff is a Member of the Practical Law Advisory Board, Project Finance Section, and has been recognized in: Euromoney's Expert Guides, Legal Media Group, for Energy and Natural Resources, 2017, and Energy and Environment, 2017.

Chris Reagen is a member of the Energy, Power and Natural Resources Practice Group in the Denver office and assists clients in transactions involving the acquisition, development, and disposition of energy assets and mining properties. With a broad natural resources transactional practice, Chris has counseled clients in joint ventures to develop oil and gas properties, farmout agreements, purchase and sale agreements, joint development agreements, and master service agreements. Chris has assisted offshore oil and gas companies in matters related to decommissioning liabilities and is also a member of our Indian Law Practice Group, guiding clients across industries in navigating the regulatory framework governing transactions with Indian tribes.

Chris authored “The Water Transfers Rule: How an EPA Rule Threatens to Undermine the Clean Water Act,” which was published in the University of Colorado Law Review in 2011, and he is a member of the Denver Bar Association, The Colorado Bar Association, and the Rocky Mountain Mineral Law Foundation.

This should be a very interesting talk, and I look forward to seeing you there.

EFDG will meet at the Denver Athletic Club (DAC) in the Grand Ballroom.  DAC is located at 1325 Glenarm Place.  As the DAC will require a final head count by the Friday morning preceding our Tuesday event anyone interested in attending will need to register by Thursday afternoon (September 6th).  There will be a very significant increase in the cost of registering after Thursday, so please do sign up before this deadline.

Sincerely Andy Logan

Coordinator:  Energy Finance Discussion Group



Energy Finance Discussion Group