$30 oil creates tough times, but it also creates opportunities. In an effort to dive into the financial issues the upstream world is facing, TPH hosted our first of what will be a series of quarterly upstream CFO-focused events. Nearly 100 senior upstream finance professionals representing companies across the public and privately owned spectrum gathered at the TPH conference center in Houston. In a panel-style format with interactive Q&A, we explored issues across the balance sheet (senior debt, subordinated lenders, hedging, equity raises, private capital sources) in discussions led by industry experts in the pertinent topics. Additionally, learning from history is critical in times like these and discussions led by industry leaders who persevered through similarly powerful downcycles and company specific issues provided welcomed perspective. In typical TPH fashion, fun was had and plenty of time was allocated to allow the industry finance leaders to socialize with each other.