C.O.B. Tuesday Ep. 49 Federal Lease Day Featuring Ryan Flynn & Kathleen Sgamma

Today's show was all about President Biden's recent executive order to "pause" oil and gas leasing on federal land. To help us discuss the scope of the order and how it's going to affect oil and gas, now and in the future, we were thrilled to be joined by two key ambassadors of the oil and gas community:Kathleen Sgamma, President of the Western Energy AllianceRyan Flynn, President & CEO of the New Mexico Oil & Gas AssociationBoth of these organizations seek to represent oil and gas companies in New Mexico and across the West, where so much of the federal acreage is concentrated. Ryan and Kathleen shared their perspectives and left us feeling hopeful for the industry's future.​​​​Our TPH crew, Mike Bradley, Matt Portillo, and Colin Fenton kicked things off with a market update. Jake Roberts made his COBT debut and provided an overview on federal acreage to prepare for the discussion. ----------Copyright 2021, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC, Tudor, Pickering, Holt & Co. Securities – Canada, ULC, Perella Weinberg Partners LP, and their affiliates worldwide. Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors. Recipients should not forward this communication to a retail investor.