Tours / Special Events
Reception at The Summit
Date: Tuesday, October 25, 2016 - 6:30pm to 8:30pm
Walk to Address: 15 W 6th Street, in the Bank of America Center, 30th floor (about 3 blocks from the hotel)
Dress Code: Business casual. Jeans are acceptable. Traditional business attire "coat and tie" is welcome in all areas of the club. Unacceptable Attire for the Club include: Flip-flops, hats, shorts, t-shirts, and athletic attire. Any inappropriate attire that is in poor taste.
Founded by a group of Tulsa’s business and civic leaders in early 1967, The Summit’s fundamental principle of superior quality in food, service and ambiance has held true through the years. Since its opening, The Summit has been recognized by members as the preeminent place to conduct business, social and networking activities, and as a source of outstanding cuisine.
Spectacular views for miles in every direction await you from The Summit's perch on the 30th, 31st, and 32nd floors of the Bank of America Building. Remarkable furnishings and appointments lend a unique feel to each and every room. Antique buffets and armoires hold many of the Club’s collected pieces. Elegant but never stuffy, the warmth of The Summit’s atmosphere is matched by that of the friendly and attentive staff.
This reception begins at 6:30pm and is easily a five minute walk (about 3 blocks) from our host hotel, The Hyatt Regency. The reception ends at 8:30.
- Head southwest on E 2nd St toward S Boulder Ave
- Turn left onto S Boulder Ave
- Turn left onto W 6th St
- Arrive at 15 W 6th Street, The Summit at the Bank of America Center
Grand River Dam Authority Tour
Date & Time: Sunday, October 23rd, 8:15am – 5:30pm
Location: Meet in front of hotel to board the coach at the hotel's 2nd Street entrance
Cost: $75.00 Conference registrants, $100.00 non-registrants.
Approx. # of participants: 40-50
Sponsored by: Grand River Dam Authority
This tour will be an opportunity to meet with GRDA’s senior management team and learn more about the decisions which went into GRDA’s unique mix of generation consisting of natural gas, conventional hydro, pumped-storage hydro, wind purchase contracts, and coal.
For an overview of Grand River Dam Authority Facility, please click here.
For a detailed tour itinerary, please click here.
Global Energy Risk management: Turning Risk into a Competitive Opportunity
Date & Time: Wednesday, October 26th, 1:45pm – 6:00pm
Location: Promenade Ballroom B
Cost: $100.00 Conference registrants, $150.00 non-registrants. Includes coffee break & refreshments
Approx. # of participants: 40-50
Energy risk management requires focus the complexities associated with asset transformation, storage, processing, treatment and transportation of energy commodities to develop sound risk management strategies. This session will communicate from lectures and case studies to gain an understanding of:
- The basics of energy risk management.
- Fostering a mindset of real option valuation to address risk and value added strategies.
- Hedging strategies to add extrinsic value to a company’s asset structure.
- Developing leadership skills of managing assets and value added strategies.
Composition of Audience
Energy economists and engineers in industry, government and academia, students completing PhD degrees in energy economics or engineering, banking professionals and other financial institutions trading energy derivatives, engineering & energy consulting firms, government regulatory or advisory agencies, or law firms.
Lunch 1:45 to 2:00
Welcome and Introductions 2:00 to 2:15
Glenn Labhart, Chairman of Energy Oversight Committee of the GARP ERP Program & Senior Partner Labhart Risk Advisors.
A review of the risk fundamentals to ensure adequate understanding and the importance of managing risk to develop effective and profitable strategies.
- a. Establishing a risk culture.
- b. Energy Risk Leadership (Risk Organization, Risk Appetite, Risk Tolerance)
- c. Risk Definition (Market, Credit, Operational, Legal, Systems, Systemic, Sovereign, Other)
- d. Defining risk transfer and strategies
- e. The importance of risk aggregation.
BREAK 3:45 to 4:00
Energy Options and Real Option Value Enhancement 4:00 to 5:00
Energy Risk Management Limits 5:00 to 6:00
- a. Transactional Limits
- b. Risk Exposure Limits
- c. Risk Adjusted Limits and Capital Charges
Actual risk case studies to identify a leaders role, the inherent risks that leaders must manage, be held accountable to, and how to leverage a team to manage risk.
Dr. Joe Byers, Senior Director of Risk Management, Direct Energy
Mr. Bob Broxson, Managing Director, BDO Consulting