Where Do We Go from Here?
Recorded On: 05/21/2019
Originally presented at the AIPN 2019 International Petroleum Summit in Houston
David M. Wood, Chief Executive Officer, President & Director, Gulfport Energy
Of course, addressing such a question first requires an appreciation of where “here” is and how we got “here”. David Wood, a long time international explorationist and C-suite occupant - but current day leader in unconventional resources development - takes a close look at the resilience of North American shale model and its impact and consequences on the rest of the world –what it means for the business models that connect oil and gas resources to capital and technology, the knock-on effects on different parts of the sector such as deep water exploration and LNG and more generally within the context of geo-political consequences and a much more carbon-sensitive world.
Chief Executive Officer, President & Director, Gulfport Energy
Mr. Wood joined Gulfport in December 2018 from Arsenal Resources LLC, a West Virginia focused natural gas producer and First Reserve Corporation portfolio company, where he most recently served as Chairman of its Board of Directors and previously held the role of Chief Executive Officer. From 2013 to 2016, Mr. Wood served as a Senior Advisor to First Reserve, a premier energy-focused private equity firm, serving on several portfolio company boards. Prior to that, he spent more than 17 years at Murphy Oil Corporation, including as Chief Executive Officer, President, and Director from 2009 until his retirement in 2012. From 1980 to 1994, Mr. Wood held various senior positions with Ashland Exploration and Production. He began his career as a well-site geologist in Saudi Arabia. Mr. Wood currently serves on the board of Lilis Energy, Inc. (NYSE: LLEX), an exploration and development company operating in the Delaware Basin.
David M. Wood holds a B.S. (Hons) Geology from the University of Nottingham in England and completed Harvard University’s Advanced Management Program. Mr. Wood previously served on the Board of Directors and as an Executive Committee Member of the American Petroleum Institute. He was also a member of the National Petroleum Council and is a member of the Society of Exploration Geophysicists. His past board affiliations include Crestwood Midstream GP LLC, Crestwood Equity GP LLC, Deep Gulf Energy LP, and Berkana Energy, when it was majority owned by Murphy Oil.