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Energy Conference Brings Tanzanian Delegation to OCU

Devon Energy CEO John Richels, Chesapeake Energy President Doug Lawler, Access Midstream CEO Mike Stice and Michael Ming, general manager of GE Global Research Oil and Gas Technology Center, will share insights about the energy industry with a delegation of government officials from Tanzania on April 21 at Oklahoma City University’s Meinders School of Business.

The presentations are part of a three-day conference hosted by Sue Ann Hamm and co-sponsored by the Meinders School of Business. Presentations will continue April 22 and 23 at the State Capitol, the Corporation Commission and the Skirvin Hotel.

Hamm, an attorney and economist, explained that recent discoveries have indicated that Tanzania has more than 43 TCF of recoverable natural gas reserves, and production of these resources is imminent. The country is looking to its friend, the U.S., for expertise and education of best business practices utilized by domestic exploration and production companies and the best regulations utilized by Oklahoma, Hamm noted.

“Tanzanian government officials are also hoping to come away with contacts, mentors and even future investors in the country,” she said. “Only 15 percent of the country is currently served with power, which means developing its natural gas reserves and using that production to fuel power plants would be an incredible opportunity to facilitate economic growth. Existing industry in Tanzania could grow if it had reliable power, and entrepreneurs would be drawn to the most secure country in Africa. Their growth potential is enormous.”

Local energy experts speaking to the delegation on April 22 and 23 include Jim Roth, chair of the Alternative Energy Practice Group at Phillips Murrah; Oklahoma Corporation Commissioner Dana Murphy; and Jesse Langston, vice president of retail energy for OGE.

The delegation will also attend an energy economics class at Oklahoma City University taught by Meinders School of Business Professor Russell Evans.

For more information contact Melissa Cory at mcory@okcu.edu or 405-208-5540.