Louisiana Mid-Continent Oil and Gas Association Hosts Annual Meeting in New Orleans

New Orleans—Louisiana Mid-Continent Oil and Gas Association, the state’s only trade association exclusively representing all sectors of the oil and gas industry operating in Louisiana and the Gulf of Mexico, hosts its 2015 annual meeting at the Roosevelt Hotel in New Orleans beginning today. The two-day meeting will convene local, state and national stakeholders to focus on Louisiana’s role in providing energy to America.

“Louisiana’s leadership role in the nation’s energy sector has grown significantly over recent years” LMOGA President Chris John said. “LMOGA members are vital to this growth by spurring economic development and investments, creating jobs, and fostering new business opportunities in every region of the state. Our members are also successfully balancing the challenges of a growing industry with the responsibilities of environmental stewardship.”

Each year, the LMOGA annual meeting features guest speakers who provide information on important issues impacting the industry today. Meeting speakers this year include select Louisiana gubernatorial candidates; Gregory Hill, President and COO of Hess Corporation; and Chris Chandler, General Manager of Natural Gas Liquids for Phillips 66.

“These are challenging times for our industry, but they also present an opportunity for us to think about how to do things better, smarter and more efficiently,” Hess Corporation President and COO Greg Hill said. “Our industry has demonstrated we can produce on a world-class level. Our next challenge is bending the cost-curve lower, safely and responsibly, and working more effectively throughout the supply chain. I am certain the entrepreneurial spirit, innovation and sheer grit that have characterized our industry from its beginning will lead us through this period and we will emerge even stronger.”

“At the same time, government and industry must work together to shape smart policies that promote responsible oil and gas development, which is vitally important to U.S. energy security and economic prosperity,” Hill said. “First on the agenda is repealing the ban on crude oil exports. Allowing U.S. crude to be bought and sold at a market-determined price would spark more production, more investment, more job growth, and higher wages. Those generate more tax revenues, a smaller trade deficit, greater energy security and lower gasoline prices – as study after study have shown.”

On Thursday, LMOGA will announce the recipients of several awards including the prestigious Pelican Award, which recognizes a company that has demonstrated outstanding achievement in the industry and made significant contributions to the state of Louisiana.