North America Prospect Expo Launches Regional Event in Denver
April 8, 2013
North America Prospect Expo, billed as the largest E&P (Upstream) Oil & Gas show in the United States, will launch a regional NAPE Rockies event Dec. 11-13 in Denver.
NAPE Expo is held biannually in Houston, and the new event will focus on the energy-rich Rockies region from Colorado to Canada.
"This is a big year for NAPE as our Houston Winter NAPE show in February marked 20 years, we are also expanding from two to four shows annually," said Marty Schardt , executive vice president of American Association of Professional Landmen.
He added, "It can be tough for some of the regional companies in various parts of the country to get to Houston for NAPE, so we are bringing the Expo to them. With the rapid growth of shale plays such as the Niobrara and Bakken throughout the Rockies region, Denver is the perfect fit for our next regional show. We are looking forward to a strong partnership with Mayor Hancock, the city of Denver and VISIT DENVER."
NAPE Rockies, which will be held at the Colorado Convention Center, will bring together attendees and exhibitors to highlight producing properties and prospects from across the U.S. and around the world, capital formation and services and technologies.
"We welcome NAPE to The Mile High City," said Richard Scharf, president and CEO of VISIT DENVER, the city’s convention and visitors bureau.
He added, "We estimate that the 2,000 to 2,500 people attending the first NAPE will generate between $4-5 million of direct and indirect economic impact for Denver. With the booming oil and gas industry in our region, we feel NAPE Rockies has the potential to become a major annual convention for Denver, and it solidifies our city as an important energy industry capital.”
This year’s NAPE Expo, as tracked by the Greater Houston Convention & Visitors Bureau, surpassed the forecasted economic impact, bringing almost $18 million in visitor revenue to the city.
In 2013, in addition to the Winter and Summer NAPE – both held in Houston – NAPE East also will be held for the first time April 10-12in Pittsburgh.
The primary Winter NAPE event typically draws 14,482 attendees, 885 exhibiting companies and attracted 1,450 exhibit booths.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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