Panel Session Details

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Wednesday, 3 May,  0930 to 1200

PANEL: ALTERNATIVE ENERGY SOURCES
Room 604

Moderators
Riley Goldsmith, Goldsmith Engineering Inc.
Cheryl Stark, BP America

Panelists
Samuel Bodman, Secretary of Energy, U.S. Dept. of Energy (Invited)
Fredrick Palmer, Senior Vice President, Government Affairs, Peabody Energy
Charles Ruigrok, CEO, Syncrude
Regis Matzie, Senior Vice President and CTO, Westinghouse
Ahmed Hashmi, Vice President, Group Technology, BP

See below for profiles and photos.

It is generally agreed that conventional oil and gas production will peak someday and then decline. Also, there is worldwide concern by many that carbon based energy sources should be replaced.  Predictions of conventional production decline rate vary but it is apparent that in the near term of 5 to 10 years, more emphasis will be on gas and coal. It will be necessary to instigate conservation measures to mitigate the world energy demand. In the next 2 or 3 decades, oil from tar sands, oil shale, and nuclear power will become the most significant replacements for declining conventional oil and gas production. Methane hydrates, hydropower, solar power, wind power, agricultural crops, and other sources could undoubtedly contribute to future energy demands. However, these appear to be decades away from large-scale production or are likely to be only minor contributors to world demand for energy.

The panel discussion will better define when these sources could replace a significant portion of the present conventional oil and gas production. When would each of these be available in significant additional amounts and how much of the world energy demand could they replace? What are the environmental, political and economic issues associated with their expanded development? The panelists will provide expert opinion about when and how alternative energy sources will replace decreasing conventional oil and gas production.

Moderator Profiles

Riley Goldsmith, President, Goldsmith Engineering Inc.
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Riley Goldsmith is president of Goldsmith Engineering, Inc., a drilling management and engineering services company. He has more than 45 years of domestic and foreign experience as a roughneck, mud engineer, research scientist, drilling foreman, superintendent, senior staff engineer, operations manager, engineering manager, senior drilling advisor and deepwater development consultant. Goldsmith holds BS and MS degrees in engineering from University of Oklahoma. He has been an active member of SPE since 1958 and is a member of AADE and API.

Cheryl Stark, Advisor, External Representation, BP America
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Cheryl Stark is currently the advisor, External Representation for BP. She is a member of E&P Technology and based in Houston. Stark has more than 30 years of experience in various technical and managerial roles, mainly in the upstream segment of the oil and gas business.

Stark represents BP in a number of industry trade and standards associations, including International Organization for Standardization (ISO) and American Petroleum Institute (API). In her role with ISO, Stark chairs the Technical Committee 67, Materials, equipment and offshore structures for the petroleum, petrochemical and natural gas industries. Within the API, she is a member of the Executive Committee on Standards (upstream), and is a member of the Executive Committee on Drilling and Production Operations.

Stark is a member of the Society of Petroleum Engineers (SPE) Board of Directors and is on the OTC programme committee. She represents BP to Global Petroleum Research Institute Executive Committee, the Drilling Engineering Association (DEA) Advisory Committee and the American Association of Drilling Engineers (AADE) Deepwater Interest Group.

Panelists Profiles

Fredrick D. Palmer, Senior Vice President, Government Affairs, Peabody Energy
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Fred Palmer is senior vice president of Government Relations. He joined Peabody in February 2001 and is responsible for advancing state and federal policies related to the production and use of coal. He is a member of the National Coal Council and serves as Chairman of the Coal Policy Committee. He also represents Peabody on the Board of Directors of the FutureGen Industrial Alliance. Fred is a 2004 recipient of the Erskine Ramsay Medal Award from the Society for Mining, Metallurgy and Exploration.

Charles Ruigrok, Chief Executive Officer, Syncrude Canada Ltd.
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Charles Ruigrok serves as chief executive officer of Syncrude, a position he has held since 2003. Ruigrok came to Syncrude from Imperial Oil Resources, where he held the position of vice president of oil sands development and research. In that role, he was responsible for the development of Imperial's extensive oil sands asset portfolio, including Imperial's 25% interest in Syncrude. Ruigrok holds both bachelor of engineering science and master of engineering degrees in civil engineering from the University of Western Ontario. He is a member of Professional Engineers Ontario. He is a past director of Rainbow Pipeline Company, Progas Limited, the Alberta Chamber of Resources, and Petroleum Technology Alliance Canada. He is also a past member of the Oil Sands Executive Policy Group of the Canadian Association of Petroleum Producers.

Regis Matzie, Senior Vice President and CTO, Westinghouse
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Regis A. Matzie was appointed to his current Westinghouse position in October 2001 and is responsible for all Westinghouse research and development undertakings and advanced nuclear plant development. He has served as the chairman of the board technical committee since May 2001. In that role, he assures proper oversight of the design, safety, licensing, research and development, and quality aspects of the PBMR enterprise. Previously, he was responsible for the development, licensing, detailed engineering, project management and component manufacturing of new Westinghouse light water reactors. Matzie became a senior vice president in 2000, when Westinghouse Electric Company purchased the nuclear businesses of ABB where he spent 25 years in technical and management positions. Matzie completed 30 years of active and reserve service in the US Navy in 1995, retiring with the rank of captain. He graduated from the US Naval Academy with a BS in physics and served in the US nuclear submarine program for five years. He then attended Stanford University, where he earned an MS and a PhD in nuclear engineering.

Ahmed Hashmi, Vice President, Group Technology, BP
Ahmed Hashmi is responsible for technology strategy and planning at BP. He began his career with Amoco in 1983. Since then he has held various technical, commercial and leadership positions across Amoco and BP’s global operations. Immediately prior to his current assignment Hashmi was commercial director for worldwide Drilling & Completions in Exploration and Production. Ahmed holds a BS in mathematics and physics, and MBA in finance and economics from Northwestern University’s Kellogg Graduate School of Management.

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