California Oil and Gas Report

What  opportunities will be available to American oil and gas companies, and those in allied industries, as a result of Mexico’s historic decision to open its energy sector to outside firms? What are the financial, legal and business risks these firms need to consider?

A panel of energy industry experts from both sides of the border will provide answers and insights at the Mexico Energy Summit on January 27, 2015, in downtown Los Angeles. The Summit is organized by the law firm of Luna & Glushon and the California Oil & Gas Report.

Program details and the list of speakers are presented here.

The Santa Barbara County Board of Supervisors, by a 3-to-2 vote Oct. 7, approved ordinances aimed at exempting the 1,200 oil and gas wells now operating in unincorporated areas of the County from an anti-fracking measure voters will consider in November.

Known as Measure P, the proposal would ban “high-intensity petroleum operations,” which it defines as hydraulic fracturing, acid well stimulation treatment, cyclical steam injection, and the injection of solvents, acids and other chemicals. Proponents claim the measure (titled “The Healthy Air and Water Initiative to Ban Fracking”) will protect air quality and water supplies.

Supervisors at the meeting acknowledged that the measure, if passed, could trigger lawsuits by well owners and operators arguing that such a ban amounts to an unconstitutional “taking” of their property, and denial of vested rights in their property.

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A panel discussion on hydraulic fracturing will be held at 6:00 p.m. on Tuesday, September 23, at California State University–Fullerton. The California Independent Petroleum Association (CIPA)  is encouraging its members to attend and participate.

The symposium will be presented at Titan Student Union at Cal State Fullerton. Admission and parking is free. Those wishing to attend can RSVP online. Questions can be submitted beforehand, or at the event.

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