TLD 024 - EnergyNet: The Digital Marketplace for Land with Chris Atherton
Published on
April 18, 2024
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Guests
Chris Atherton
How is the digital age reshaping the oil and gas industry? Find out as we talk with Chris Atherton from EnergyNet about a marketplace where buying and selling land for energy production is just a click away. Think AirBnb but for oil & gas assets!
Time Stamps
- 01:26 - Intro to Chris Atherton
- 04:39 - Exploring EnergyNet's Impact and Services
- 11:59 - The Challenges in Energy Land Auctions
- 17:59 - Personal Insights and the Enron Experience
- 21:15 - EnergyNet's Competitive Sales Process
- 28:39 - Leveraging Big Company Strategies for Government Lease Sales
- 39:25 - Strategic Bidding and Sealed Bid Insights
- 43:56 - The Future of EnergyNet
- 51:25 - Closing Remarks and Contact Information
Snippets from the Episode
- "I think there's a perception that if you put it out, you're going to get tire kickers, you're going to get lowball bidders. But the nature of the platform [EnergyNet] and how the mechanics work, it just sifts them. The cream rises to the top." - Chris Atherton
- "A fair, structured, competitive sale process is going to generate the best results consistently, whether there's a one-on-one sale or industry type and investment bank led sale or a government lease sale." - Chris Atherton
- "When I say two-sided marketplace, I mean, like Zillow or even Airbnb or Uber's. We have buyers and sellers. Uber has riders and drivers and Airbnb has hosts and runners." -Chris Atherton
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