Energy Valuation Conference

Join ASA's Premier ENERGY VALUATION Event!  ASA Houston Chapter's 13th Annual Award-Winning 2023 ENERGY VALUATION CONFERENCE will be held on Thursday May 11, 2023 in HYBRID format.  Attend either In Person at THE BRIAR CLUB, 2603 Timmons Lane, Houston, Texas 77027 or Virtually via convenient LIVE WEBCAST by Business Valuation Resources.

The 2023 ENERGY VALUATION CONFERENCE (EVC) is unique in that it is the only MULTI DISCIPLINARY conference with a focus on leading edge VALUATION TECHNIQUES applicable to ALL SECTORS of the ENERGY INDUSTRY.

2023 EVC brings together pre-eminent energy valuation professionals and industry thought leaders presenting timely educational valuation topics, focusing on the transition of power generation from fossil fuel to non-carbon, renewables, sustainable energy, and ESG energy (environmental, social, governance issues).

Dr. Christine Ehlig-Economides, Petroleum Engineering Professor & Hugh Roy & Lillie Cranz Cullen Distinguished University Chair

University of Houston

"Leading the Way to Carbon Neutral and Hydrogen Power"

Dr. Christine Ehlig-Economides is Professor and Hugh Roy and Lillie Cranz Cullen Distinguished University Chair at the University of Houston. Previously, Dr. Ehlig-Economides taught at Texas A&M University for ten years and worked at Schlumberger for twenty years. At A&M, she managed research in production and reservoir engineering in conventional and shale reservoirs in the petroleum engineering department. Dr. Ehlig-Economides was elected to the U.S. National Academy of Engineering in 2003, was a member of the National Academy of Science Committee on America's Energy Future, and served on the NRC Board on Energy and Environmental Systems (BEES). She chaired The Academies of Medicine, Engineering, and Science in Texas (TAMEST) shale task force in 2017, and is currently a Board member for QRI.


Todd K. Lester, ASA.BV, CFE, Senior Managing Director

FTI Consulting

"Forensics - From Fraud to Fair Value"

Todd Lester is a Senior Managing Director with FTI Consulting’s Forensic & Litigation Consulting segment and member of FTI's Energy Advisory Services practice.  His 30 years experience in complex litigation matters, financial investigations, and compliance issues has focused on multifaceted damage calculations with complex databases.  His analysis of quantified damages include lost profits, diminution of value, incremental costs, unjust enrichment and business failures and span DOJ and SEC inquiries in alleged accounting irregularities and fraud, internal investigations of fraud and employee theft, white-collar criminal defense, civil fraud and breach of fiduciary duty matters, and regulatory and operational assessments for compliance purposes.  Mr. Lester earned his BBA, BA in biology, and MBA from The University of Texas, and holds an Accredited Senior Appraiser (ASA) designation in Business and Intangible Asset Valuation from the American Society of Appraisers, and Certified Fraud Examiner (CFE) designation from the Association of Certified Fraud Examiners.


Lizet Gomez-Lluguin, Senior Director, Dispute Advisory Services

FTI Consulting

"Forensics - From Fraud to Fair Value"

Lizet Gomez-Lluguin is a Senior Director with FTI Consulting’s Forensic & Litigation Consulting segment. For over 16 years, Lizet has assisted clients with calculating damages in complex, big data disputes and provided investigation and financial consulting in an array of energy matters. Her dispute advisory services include contract, regulation, pricing and royalty litigation over crude oil, natural gas, natural gas liquids, as well as matters related to water and electric utilities, intellectual property theft litigation and antitrust.  Her financial consulting services include developing market studies, evaluating the broad application of contract terms and their effect on the market, and assessing operations to identify performance improvement opportunities.  Prior to FTI, she facilitated import tariff recovery of steel and titanium alloys for clients with a duty drawback company and held various accounting roles with a major airline.


Michael S. Hoyt, Principal, Valuation & Business Modeling Services


"PANEL:  Inflation Reduction Act and Valuation Impacts - including Energy Production Tax Credits from the Financial Reporting Side"

Michael Hoyt is a principal of KPMG's Economic and Valuation Services group based in Houston. He is the technical lead on the National Power & Utilities and Renewables team for the Valuation Practice. He brings more than 19 years of experience in valuation of business enterprises, equity and debt interests and other intangible assets. His expertise includes allocation of purchase price, impairment analyses, valuation of minority and control equity interest for corporate planning, financial reporting, international tax restructuring and tax planning.  Mr. Hoyt focuses on serving Power & Utility (including renewables) clients that develop, own and/or operate power generation assets. He also advises clients on valuation best practices in the power and utility, infrastructure and asset management industries.


Karl Sorensen, CPA, Mergers & Acquisitions - Tax


"PANEL:  Inflation Reduction Act and Valuation Impacts - including Energy Production Tax Credits from the Tax Side"

Karl Sorensen, CPA is a Mergers and Acquisitions Tax professional at PwC in Houston Texas. His practice focuses on taxes for each stage of alliances in complex divestitures, among other.  Previously, Karl was a Manager, Tax at Origin Energy and graduated from Georgetown University Law Center.


David Grimes, CPA, Federal Tax Director


"PANEL:  Inflation Reduction Act and Valuation Impacts - including Energy Production Tax Credits from the Tax Side"

David Grimes is a director with PwC's Tax practice.  For over thirteen years, Mr. Grimes has provided tax provision, compliance, and consulting services to public and private companies in various industries for SEC reporting, tax provision preparation, and assisting with income tax material weakness remediation and effective tax rate planning under US GAAP.  He earned his BBA and MPA from The University of Houston.  The three accounting professionals will have an enlightened conversation on the new hot topic of Energy Production Tax Credits.  KPMG will address the Financial Reporting side, and PwC will speak on the Tax Side.


Matthew D. Bradshaw, Business Opportunity Manager - USGC CCUS

Shell USA

"Carbon Capture, Utilization & Storage - Analyzing the Process"

Matthew Bradshaw has served as Shell USA's Business Opportunity Manager for CCS on the U.S. Gulf Coast since 2020.  He is responsible for driving Shell USA'sPowering Progress strategy by managing both commercial and technical development of CCS projects in the region.  Matthew has over 25 years of industry experience with prior roles focused on midstream and E&P for both deep-water and onshore assets.  He has held commercial, technical, and project leadership positions across the organization after an early career in various engineering and project management positions.  He is a proud graduate of Louisiana State University and currently resides in Houston with his wife and four children. 


Gregory W. Kort, P.E., ASA.MTS Managing Member

RKN Valuation Advisors, LLC

"Valuation of Energy Infrastructure in a Carbon Neutral Market"

Gregory W. Kort, P.E., ASA  is an energy infrastructure appraiser in Austin, Texas. His 20 years of experience includes complex valuations of ad valorem property tax, purchase price allocations, and studies for fair market value in continued use and in exchange.  Properties he has valued include petroleum refineries, petrochemical plants, electric power generation facilities, breweries, pipelines, general manufacturing and business personal property.  Mr. Kort is certified in Wisconsin as a Professional Engineer (P.E.), licensed as a Certified General Appraiser in Texas and Wisconsin, earned the designation of Accredited Senior Appraiser (ASA) in Machinery & Technical Specialties from the American Society of Appraisers, and a BS in Chemical Engineering from Michigan Technological University in 1994, and MBA from DeVry University in 2002.

Jake Boos, Managing Director - Investment Banking

Tudor, Pickering, Holt & Co.

"Exploration & Production / Upstream Valuations"

Jake Boos is a Managing Director in the Investment Banking division of TPH&Co., the energy business of Perella Weinberg Partners, where he helps lead the Upstream coverage team.  Mr. Boos has worked in the Investment Banking division of TPH&Co in roles of increasing responsibility since joining as an analyst at the firm in 2011.  Prior to TPH, Mr. Boos worked as an equity research analyst at Maple Leaf Partners in New Orleans, a long/short value hedge fund focused on the energy, industrials, and retail sectors. Mr. Boos holds a BS in Finance from Louisiana State University.

John Daniel, Founder & CEO


"Oil Field Services – Valuation Issues"

John Daniel is a Managing Partner and Founder of Daniel Energy Partners.  Prior to founding Daniel Energy Partners, Mr. Daniel served as a Managing Director and Senior Research Analyst at Simmons Energy, A Division of Piper Sandler, covering the U.S. Onshore Oilfield Services sector for over twelve years.  Prior to Simmons Energy, he worked for Key Energy Services for eight years rising to Vice President, Corporate Development with responsibilities of investor relations and mergers & acquisitions.  Mr. Daniel also spent four years as an analyst with PNC Bank in their corporate banking and leveraged finance groups.  Mr. Daniel graduated with a BS in Finance from Lehigh University and an MBA from Tulane University.


Nikulas Wood, Senior Vice President - CCUS

DENBURY - Carbon Solutions Team

"The Future of Carbon CO2 Sequestration"

Nikulas Wood, Senior Vice President – CCUS, heads the Plano, Texas based energy company, Denbury Carbon Solutions team. Prior to being named Senior Vice President in April 2021, Mr. Wood served as Vice President of the Rocky Mountain Region.  He has served in progressive leadership roles at Denbury, including Director of Development Design, Gulf Coast Region Asset Manager, Manager of Acquisitions & Divestitures, and Manager of Corporate Planning.  Earlier, Mr. Wood served in reservoir, production and operations engineering roles at Republic Energy Inc. and at Halliburton Energy Services. Mr. Wood earned his BS in Industrial Engineering from Purdue University and MBA from Southern Methodist University.

Ed Hirs, Principal, Energy Fellow Lecturer & Media Commentator 


"Energy Economics 2023"

Ed Hirs is a Principal of Iconic Valuations LLC which values world treasures including England's Tower of London and America's White House.  He also serves as University of Houston Energy Fellow lecturing on energy economics.  Mr. Hirs frequently consults on national and international media providing apolitical analysis and concisely explaining the drivers of energy markets.  Mr. Hirs earned a BA with honors and distinction, an MA and MBA in economics from Yale University, and was awarded the designation of Chartered Financial Analyst.  Among his honors, Mr. Hirs was named UH's BDO Natural Resources Fellow, has consulted for the US Department of Energy, and published referenced papers in energy economics with co-authors in the Yale Graduates Energy Study Group available on


Join as a Sponsor Today!

EXCEPTIONAL OUTREACH: Your Logo will be included in emails to 6,000 professionals.


  • EVC Online Brochure.
  • Sponsor Power Point Slide Show that scrolls between speakers.
  • EVC Website.


Who Should Attend?

About 235 professionals & executives from 27 US states and 9 countries - as far and diverse as Japan, Kazakhstan, The Netherlands, UK, Venezuela, Poland, Spain and Canada joined 2022 EVC to gain a better understanding of current developments and geopolitical conditions of the industry. Attendees interacted and engaged with the leaders to discuss solutions to complex challenges faced by investors, appraisers, and clients during these volatile and challenging economic times.

The HOUSTON ENERGY VALUATION CONFERENCE is widely attended by accountants; appraisers accredited in business valuation, machinery & technical specialties, real property, and appraisal review; financial analysts, investment managers, economists; petroleum engineers, industry executives as well as expert witnesses of various valuation and forensic specialties.

What will attendees learn?

This broad-ranging conference facilitates opportunities to interact with key players from various segments of the value chain: downstream, midstream, upstream, and emerging trends in the growing renewables sector. EVC is unique in that it is the only multi-disciplinary conference with a focus on valuation techniques in all sectors of the energy industry. Networking and cross-referral opportunities abound when appraisers, accountants, investment professionals and industry leaders interact.

Why Attend?

Do You Have Clients in the Energy Industry?

  • "I will say that it was just as top-notch as it gets. The content was superb and the smooth tech operations really made it one of the best virtual events I've attended yet. Your speakers and sessions were, truly, spectacular."

Learn About the Outlook of the Energy Industry in the Transition to Non-Carbon and Renewables.

  • "I thoroughly enjoyed the virtual conference - found it to be very informative and right on point given our current social and economic environment. The speakers were excellent and I look forward to attending next year's conference - virtual or in-person."

Best Networking & Forum to Make Connections.

  • "Outstanding reception where industry & appraisers could mingle, network and talk about future business. Energy Valuations are big money, and if I can gain one new appraisal, it will more than pay for my trip." International EVC Sponsor

Speakers are an Excellent & Well-Rounded Mix.

  • "I liked the way the speakers expressed divergent opinions vs the previous speakers, and were bold enough to make predictions." EVC Sponsor
  • Featured speakers were remarkable leaders from all sectors of the energy industry demonstrating a variety of perspectives in all disciplines: Business Valuation, Machinery & Technical Specialties, Appraisal Review & Management, Real Property, among other."
  • "Great program!  Getting Karl Bartholomew and the high-powered Commissioner Craddick was a real coup.  The diversity of your speakers topically was very impressive.  Looking forward to the next one."

What makes energy valuation so important to appraisers?

This dynamic and cyclical industry affects all cities around the world. Even if your client isn't an energy company, energy can still play a vital role in its performance, cost structure and profitability.

What will attendees take away?

A better understanding of the current economic and geopolitical conditions of the industry, and learn perspectives on the challenges in energy valuations as the industry turns toward renewables, and how this impacts each sector. EVC is a very holistic and well-rounded conference that attendees enjoy and learn from - not just appraisers. Our goal is to expand our outreach to include those in related professional groups and industry associates.

Featured speakers represent all sectors of the energy industry offering new perspectives on business valuations, machinery & technical specialties appraisals, accounting developments, appraisal review & management, mineral appraisals, real property, financial analysis, and more. Learn how this dynamic and cyclical industry affects businesses world-wide and how it plays a vital role in the performance, cost structure and profitability of your clients. Attendees will gain a better understanding of the current economic and geopolitical conditions of the industry, and learn perspectives on challenges in energy valuations, including which sectors are rebounding.

Sponsor Chair:

Event Co-Chair:

Event 2nd Chair:

Laurie Leigh White

Carol Akers Klug

Atiba Henry

Education Credits: Up to 8 Hours CPE / CE


2023 EVC registrants may attend either IN PERSON at THE BRIAR CLUB, 2603 Timmons Lane, Houston, Texas 77027 or VIRTUALLY by LIVE WEBCAST from 8 am CST to 6 pm CST on May 11, 2023.  IN PERSON attendees will enjoy networking at our Fajita Lunch Buffet and Texas Appetizers & Cocktail Social from 6 pm CST to 7 pm CST.

Parking is FREE on the 3rd floor of the garage across the street from The Briar Club, walk across the SkyBridge to enter on the conference level.

IN PERSON and ONLINE tickets may be purchased below on the EVC webpage. For out-of-towners, the 4-star Hotel Derek, 2525 W Loop S, Houston Tx 77027 is convenient.


ASA Member

Early Bird (thru March 31)



    • Non-refundable after March 31. Before March 31 - refundable less $20 transaction fee.
    • Substitution of registrants is allowed through April 30.
    • Last day to register is two days before the conference.
    • No prerequisites or advanced preparation required.
    • A portion of net proceeds will be donated to one or more 501(c)3 entities.
    • For the safety of our community, we will adhere to all COVID-19 protocols.  The expectation is that all attendees are fully vaccinated with booster.
    • Registrants may swap from "IN PERSON" to "ONLINE ONLY" or vice versa at no charge through April 30. Just email to make the change.
    • CPE credits will be provided by BVR which is approved by the National Association of State Boards of Accountancy (NASBA) for self-study CPE delivery. For more information on eligibility by state, please consult NASBA's website or your state board of accountancy.


May 11, 2023.

Carol Klug

Carol Akers Klug ASA MBA
Appraiser of the Year - 2021    The Appraisal Foundation - Business Valuation Resource Panel                                   ASA Education Foundation Board Member

Michael Morgan

Michael Morgan ASA ARM/BV CPA/ABV
Diversity & Inclusion Task Force

TxCPA Board Member

Laurie Leigh White ASA CEIV IA CPA


Appraiser of the Year - 2022

BV Discipline Secretary
Board Of Examiners Member
2021-2022 Advanced BV Conference Chair

Alan Harp

Alan B. Harp Jr. ASA CFA

Paula Lindsey

Paula F. Lindsey ASA

Ray Garcia

Ray T. Garcia ASA PE

Robert S. Svoboda ASA

Atiba Henry

Atiba Henry ASA

James Herr


Karl Bartholomew PE, ASA, MRICS

Tim Stuhlreyes

Tim Stuhlreyer ASA CPA/ABV
EVC Founding Member


Michael R. Crismyre ASA