CARLSBAD — Billionaire T. Boone Pickens, founder of Mesa Petroleum and current chairman of BP Capital Management hedge fund, will be the headline speaker at September’s Southeastern New Mexico Energy Summit.
“We’re just so happy that he’s coming to Carlsbad,” said Carlsbad Mayor Dale Janway. “I’ve been following Boone Pickens for many, many years. I am a big fan of his.”
The third annual summit, with emphasis on the nuclear, oil, natural gas and potash industries, will take place Sept. 14 at the Carlsbad Civic Center.
Janway said that Pickens will offer an unparalleled view of the oil and gas industries at a worldwide scope and also in the Permian Basin.
Pickens, 87, founded Mesa Petroleum in 1956. As a businessman, Pickens has always been a proponent of growth through takeovers and acquisitions, which he has said he learned after taking over neighboring paper routes as a 12-year-old carrier, according to his website.
He is now focused on reducing the United States’ dependency on foreign oil, as well as investing in alternative energy sources, the website says.
Summit committee member Oran Means was one of the people responsible for organizing the engagement.
Means said it was the mayor’s idea to bring in Pickens for the summit, but the committee was skeptical that anything would come of efforts to get him to the event.
After reaching out to Billy Munn at Artesia-based Mack Energy Corp., the committee was able to get into contact with Pickens’ circle.
“We were just fortunate enough to have people step up to the plate to help us,” Means said, thanking Pickens’ associates.
Jim Peach of New Mexico State University’s Arrowhead Center is also scheduled to speak at the event, among others yet to be determined.
“I think the overall message is tell us what’s going on,” Janway said in a news release. “Where are these industries right now, where will they be in the future, and how can we as a community plan?”
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This article was written by Maddy Hayden from Carlsbad Current-Argus, N.M. and was legally licensed through the NewsCred publisher network.