STEPHANIE A. SULLIVAN, CPL 5001 Longshadow Dickinson, TX (713) Cell

Transcription

1 STEPHANIE A. SULLIVAN, CPL 5001 Longshadow Dickinson, TX (713) Cell Professional with extensive experience in Land, Leasing, Title, Division Orders & Property Management with familiarity in all other aspects of the Oil & Gas Industry. Positive attitude, high energy, multi-faceted individual with strong leadership, organizational, communication and interpersonal skills. Analytical with demonstrated ability for providing innovative solutions to a wide range of challenges. EDUCATION Certified Professional Landman Bachelor of Science in Petroleum Land Management University of Houston EMPLOYMENT 05/ /2015 PetroPoint Energy Partners Land Manager 04/ /2012 Mitsui E&P Sr. Landman 04/ /2011 Contract In-House Land Mgr - Barnett Shale 03/ /2007 Dune Energy Land Manager 08/ /2006 Occidental Oil & Gas Landman Advisor 11/ /2000 MCNIC Oil & Gas Sr. Landman 11/ /1997 Parten Operating Inc. Land Manager 11/ /1989 Coastal Corporation DO Analyst/DO Supervisor 04/ /1987 Cliffs Drilling Company Offshore Landman 09/ /1984 Gulf Oil Corporation Landman EXPERIENCE 05/2012 to Present PetroPoint Energy Partners Land Manager Supervise, coordinate and direct field landmen and analysts in the acquisition of oil and gas leases, lease checks, title examination and curative as well as preparing competitive acreage positions and mapping not only acreage positions, but competitor acreage positions, unit outlines, possible lateral wellbore paths. Order padsite, wellbore and division order title opinions for multiple well drilling program Negotiate surface use, water and damage agreements as well as new leases Work closely with geology and engineering to develop prospect areas and drilling plansdraft & negotiate pooling agreements, purchase and sale agreements, assignments, JOA s and various other documents as needed. Conduct due diligence on potential acreage acquisitions and preparing data room for large divestment of properties. Work closely with accounting and marketing to verify, update and monitor JIB and Revenue decks, LOS statements and marketing issues as well as ad valorem, tax liens or other issues Implement new software system for company including land, lease records, well master, accounting functions and mapping. Prepare data room for divestment Establish royalty owner relations hotline and policies and procedures for handling owner issues Evaluate and establish procedures for department processing of AFE s, disbursing information for JIB deck setups, Revenue deck setups, division orders, rental and shut-in activities Ensured monthly lease obligation, special obligation and expiring lease calendars created timely and disbursed to appropriate landman for approval. Review and recommend training for staff on quarterly basis and encourage certification through NADOA, NALTA and AAPL Work closely with legal to minimize exposure on potential lawsuits and negotiate settlements Develop, review and implement departmental policies and procedures, budgets, personnel evaluations as well as employee development & training and other human resource matters. Supervise land due diligence teams for potential acquisitions. Implement transfer of acquired data into system

2 Formulate reports for upper management as to related activities as needed and requested. Quarterly reporting to Board of Directors on land related matters as well as monthly updates for Executive Committee Meetings Area Worked: South Texas Maximum of 20 In-House Landmen, Lease Analysts & DO Analysts 04/2011 to 05/2012 Mitsui E&P Sr. Landman Analyze, interpret, draft and negotiate exploration contracts and other related land documents including JOA's, farmouts/farmins, purchase and sale agreements, unit agreements, assignments, right-of-way, damage and surface use agreements as well as participation agreements, confidentiality agreements, releases and AMI agreements. Circulated AFE's and prepared and filed numerous RRC permits and reports. Prepared and circulated numerous reports for equity partners and board of directors Area Worked: Marcellus Shale & Eagle Ford Shale 04/2007 to 4/2011 Contract In-House Landman Land Mgr - Barnett Shale Supervising, coordinating and directing field landmen and analysts in the acquisition of oil and gas leases, lease checks, title examination and curative as well as preparing competitive acreage positions and mapping not only acreage positions, but competitor acreage positions, unit outlines, possible lateral wellbore paths in a highly competitive leasing area. Submitting State and Federal lease bids and attending State and Federal lease sales. Ordering padsite, wellbore and division order title opinions for multiple well drilling program. Maintaining mapping database for title work being prepared, submitted to attorneys and curative positions. Coordinate with lease records and division order departments to administer monthly lease rental payments, shut-in's, critical lease obligations and changes in lease ownership. Drafting pooling agreements, purchase and sale agreements, assignments and various other documents as needed. Working on litigation support teams for various lawsuits Conducting due diligence on potential acreage acquisitions and preparing data room for large divestment of properties. Developing, reviewing and implementing departmental policies and procedures, budgets, personnel evaluations as well as employee development & training and other human resource matters. Providing training for field landmen and analysts Formulated reports for upper management on ongoing activities in shale play areas. Area Worked: Barnett Shale, Haynesville Shale, Marcellus Shale 55 to 187 Field Landmen and Analysts 03/2006 to 04/2007 Dune Energy Inc. Land Manager Handle all aspects of the Land Department including, but not limited to, supervising, coordinating and directing field brokers in the acquisition of oil and gas leases, seismic permits and options, oil and gas property acquisitions, lease checks, title examination and curative as well as negotiating damages and water rights. Analyze, interpret, draft and negotiate exploration contracts and other related land documents including JOA's, farmouts/farmins, purchase and sale agreements, unit agreements, assignments,

3 right-of-way, damage and surface use agreements as well as participation agreements, confidentiality agreements, releases and AMI agreements. Circulated AFE's and prepared and filed numerous RRC permits and reports. Prepared and circulated numerous reports for equity partners and board of directors. Created a Lease Records department, calculated and set up division order decks, joint interest billing decks and coordinated the payment of delay rentals, shut-in payments and royalty payments. Coordinated with engineers and geologists to develop properties timely and efficiently and assisted as needed with any requests. Formulated reports for upper management presentations to board of directors and outside conference speaking engagements Barnett Shale, South Louisiana, South Texas Maximum of 16 Field Landmen 08/2000 to 03/2006 Occidental Petroleum Landman Advisor Coordinated and implemented several due diligence projects for acquisitions including project management timelines, verifying title, searching for consents to assign, pref rights, production payments, net profits payments and reviewing all related agreements Worked as Project Manager on several acquisitions and divestments including supervising other landmen, lease analysts and division order analysts as well as field landmen setting up data rooms, auction packages, curing title defects, preparing purchase and sale agreements, assignments and all subsequent exhibits, ensured timely exchange of data between buyer and seller, all pref rights and consents to assign were handled timely and any other issue that may arise during a sale or purchase of oil and gas properties. Lead landman on divestment from OXY USA WTP to Forest Oil Corporation for $35 million covering properties in West Texas Lead landman for acquisition of Texas and New Mexico properties from Devon Energy to OXY USA WTP for $260 million Member of Special Project team to verify ownership against reserves for all OXY operated and non-operated properties Team Leader for review of land system in order to develop new screens, programming and updates for existing system. Included preparing user manuals, distributing manuals and training for all land, accounting and marketing personnel on OXY s Property Ownership System Land Coordinator for OXY's annual Technology Conference which included securing speakers and obtaining papers and preparing manuals for Land Discipline portion of the conference. Member of conversion team on the Altura to OXY USA WTP acquisition. Company liasion on the Joint Industry Committee joined with NADOA, TIPRO, NARO and major oil companies. Committee worked together with state senators and congressman to enact laws friendly to the industry - Extension of recapture on foreclosed properties were finalized during this time. Developed new software to incorporate with existing property ownership system to allow for multiple affiliate companies to view division order responsibilities on large field wide units. Reviewed and determined status of production payments for properties in New Mexico. Formulated reports for upper management presentations regarding current activities and status. Permian Basin, New Mexico, Colorado and West Texas 11/1997 to 08/2000 MCNIC Oil & Gas Sr. Landman Negotiated, prepared and interpreted various agreements including JOA's, farmouts, unit agreements, communization agreements, assignments, purchase and sale agreements, transfers of operating rights and exploration agreements as well as other agreements needed to develop properties for exploration, development and production. Supervised the Lease Records and Division Order Departments Reviewed monthly rental, special obligation and expiring lease calendars and paid accordingly. Ordered title opinions and curative

4 Supervised the issuance of division orders, approved changes of ownership, escheated funds and federal and state reporting. Applied and submitted all reports needed to various state regulatory agencies including permits, completion reports and oil and gas production reports. Coordinated all litigation matters with outside counsel including management of preparation of discovery requests and subpeonas. Project Manager for several acquisitions and divestments including supervising due dilligence teams, verifying title, consents to assign, pref rights, production payments, net profits payments, reviewing all related agreements, setting up data rooms, preparing purchase and sale agreements, confidentiality agreements, title defects letters and assignments. Prepared monthly reports for upper management. Completed annual employee reviews, recommendations for salary increases and bonuses. Developed, reviewed and implemented departmental policies and procedures, budgets, employee development and training. Permian Basin, East Texas, West Texas and South Texas, New Mexico, Colorado, Wyoming, North Dakota, Utah, Montana, California, Oklahoma, Kansas, Louisiana, Michigan and Appalachia 4-6 Lease & Division Order Analysts 11/ /1997 Parten Operating Inc. Land Manager (J. R. Parten Family Interests) Handled all aspects of the Land, Lease Administration and Division Order Departments Negotiated, prepared and interpreted various agreements including JOA's, farmouts, unit agreements, communization agreements, assignments, purchase and sale agreements, transfers of operating rights and exploration agreements as well as other agreements needed to develop properties for exploration, development and production. Supervised outside brokers for oil and gas lease acquisition, right-of-ways, title examination and curative. Negotiated all damage and surface use agreements Ordered title opinions and prepared curative documents Worked closely with engineering, geology and accounting departments to develop and implement exploration, drilling and production plans Reviewed monthly rental, special obligation and expiring lease calendars and paid accordingly. Managed the monthly payments of royalties, delay rentals and shut-ins for all affiliates including three oil companies and two pipeline companies for operated and fee properties Worked on all litigation including document preparation, submittals for discovery and settlements. Set up Lease Records and Division Order systems. Handled all accounting issues with regards to General Ledger, accounts payable, accounts receivable and joint interest billing as it applied to the land department. Worked with auditors annually verifying interests, payments and expenditures. Completed monthly P1 & P2 reports, severance tax reports and other regulatory reports as needed as well as state and federal royalty reporting forms and reports. Managed multi well development program annually. East Texas, West Texas, Colorado and New Mexico 11/ /1989 Coastal Corporation Division Order Supervisor Ordered drilling and division order title opinions and cured title requirements Set up and verified divisions of interests for clients Reviewed and implemented gas purchase contracts and provisions Tracked nominations and wellhead gas volumes Reviewed monthly gathering and transportation invoices Confirmed nominated volumes of natural gas deliveries with working interest owners Worked with departments and operators to reduce pipeline imbalances

5 Managed pipeline imbalances and cash out payments Conducted and coordinated employee performance evaluations, implemented personnel development policies and practices and recommended annual salary increases and bonuses. Developed, reviewed and implemented departmental budget Formulated reports for upper management presentations to board of directors and outside conference speaking engagements East, South & West Texas, Louisiana, Oklahoma, Colorado, Wyoming, North Dakota, Michigan, Appalachia 10 Division Order Analysts 04/ /1987 Cliffs Drilling Company Landman Negotiated, prepared and interpreted various agreements including JOA's, farmouts, farmins, unit agreements, unit operating agreements, communitization agreements, assignments, purchase & sale agreements, drilling contracts, exploration agreements for onshore and GOM offshore properties. Prepared safety manuals for the offshore rigs as well as prepared and filed documents and reports with MMS Worked with attorneys ordering title opinions, curing title defects and calculating divisions of interests. Analyzed all oil and gas onshore leases and set up a lease records system to handle the data as well as maintained all prospect, lease and well files. Reviewed monthly rental, special obligation and expiring lease calendars and ensured that payments were timely made and all obligations met. Worked closely with engineering, geology and accounting departments to develop and implement exploration, drilling and production plans Prepared and submitted monthly, quarterly and annual reports to upper management as needed Checked courthouse records, prepared runsheets and negotiated applicable leases. Prepared and submitted federal, state and Indian lease bids, attended state and federal lease auctions for both onshore and offshore properties Formulated reports for upper management presentations to board of directors and outside conference speaking engagements East, South & West Texas, Oklahoma, Kansas, Colorado, Wyoming, North Dakota, Montana, Utah, California, Appalachia, Michigan, Mississippi, Florida, Louisiana, Alabama and Offshore GOM, Texas and Louisiana Field Brokers 07/ /1984 Gulf Oil Corporation Landman Reviewed and interpreting various agreements including JOA's, farmouts, unit agreements, assignments and exploration agreements. Prepared and presented various maps for landmen and managers. Reviewed and made recommendations for payment of delay rentals and shut-ins. Maintained daily broker reports for specific projects including project costs and expenditures. Checked courthouse records and assisted with securing oil and gas leases. Worked with various exploration teams to determine possible lease prospects and potential drillsites. East Texas, Louisiana, Mississippi, Alabama, Florida, Appalachia and Michigan

6 PROFESSIONAL ORGANIZATIONS & AWARDS HAPL-(Board of Directors , ) AAPL AAPL Special Award-Local Association Committee Member 2010 HAPL Rainmaker Award 2012 Honored by HAPL with the creation of the Stephanie Sullivan Education Scholarship Past President of HADOA SOFTWARE APPLICATIONS/KNOWLEDGE Excaliber OGIS Tobin/IWS Landpro Quorum Microsoft Office Microsoft Access Power Point Microsoft Visio Excel Project Manager Available Upon Request REFERENCES