Energy Independence Key Summit Topic

Oklahoma City - January 25, 2011 - America’s path toward greater energy independence will be a key topic for discussion during the 2011 Woodford Shale Summit sponsored by the Interstate Oil and Gas Compact Commission (IOGCC) and the University of Oklahoma (OU) on OU’s Norman campus, March 29 and 30.

The Woodford Shale Summit will provide an opportunity for the education of stakeholders as experts discuss key issues in the Woodford Region, a unique reservoir that has tremendous potential for both oil and gas production.

While the conference focus will cover shale gas development, the discussion involves a much broader range of energy policy topics. Conference sessions will explore the importance of utilizing natural gas, along with demand-management, efficiency, and renewables as partners to develop our nation’s natural gas resources and move toward energy independence.

“Whether firming up wind and solar power, or serving as the new fuel of choice for retired or outdated power generating plants, natural gas will play the key role in meeting our country’s future energy demands,” said Dr. Larry R. Grillot, Dean of College Mewbourne Earth and Energy. There will also be discussion of the symbiotic relationship that natural gas has with other energy sources.

Among the topics to be discussed during the Summit that are: Business/Investment Climate, Environmental Issues Associated with Shale Gas Development, Hydraulic Fracturing, and Discussion of Community Partnership and Shale Gas Development Success Stories.

“We are excited about the opportunity to discuss the further development of Oklahoma’s abundant natural resources, such as the Woodford Shale, and to continue its heritage as a leading provider of energy to our nation,” said Mike Smith, Executive Director, IOGCC
For the past 75 years, the IOGCC, a multi-state government agency whose mission is to promote the conservation and efficient recovery of the nation’s domestic oil and natural gas resources while protecting health, safety and the environment, has grown to be the largest, and oldest state compact in the nation today.