Paul F. Jansen, managing director in Conway MacKenzie Inc.’s energy consulting practice, is today’s Forty Under 40 featured honoree.
Houston-based Conway Mackenzie advises on restructuring, finance and strategy.
Since joining the firm in 2015, Paul has played a key role in helping identify and develop new business opportunities. He has also led the development and execution of engagement strategies and plans.
“The oil and gas industry provides unlimited opportunity for anyone who is entrepreneurial and willing to work hard,” Paul said. “It is a vibrant business that experiences big shifts in terms of the business cycle. That keeps it interesting and provides different opportunities.”
The parties must now renegotiate a deal that would transfer Breitburn's Permian reserves to investors including Elliott and WL Ross through their participation in a $775 million rights offering.
A big crowd turned out for an afternoon honoring industry leaders representing all facets of the energy sector.
Sustained lower oil prices may lead to Permian consolidation, the return of tough times to other shale plays and U.S. E&Ps helping rebalance global inventories.