Oil and Gas Energy Services
Crescent Fuels and subsidiaries
Served in CEO role following Chapter 11 bankruptcy filing leading turnaround efforts to include significant staff reduction & business model enhancements which improved monthly operating performance over $300,000 per month.
Falcon Petroleum Resources
Served as VP & Director of Operations and Administration for Falcon Petroleum Resources, an independently owned, non-operator, oil and gas exploration company undertaking an operational and financial reorganization.
Served as Vice President and Controller of Cenergy Corp, a $65M subsidiary of Centex Corporation, an independent oil & gas company engaged in domestic oil & gas exploration and production, and in the operation of intrastate pipelines.
Served as CFO of Markland Corporation, an independent producer of oil and gas properties. Provided leadership and oversight of strategic planning, financial and tax reporting, real estate, pipeline and other investments. Developed and implemented a strategy to generate significant tax losses and carry backs to free up $2.2M in refunds from prior years by arbitrage of rate differentials.
Served as founder and CEO of SideKick, a company formed to take advantage of new technologies using neural networks to identify potentially productive reservoirs and Radial Jet Enhancement, a patented technology that drills multiple lateral bores from an existing well bore to economically enhance production from oil and gas wells.
Edwin L. Cox
Served as Controller of ELC, formerly one of the largest independent oil & gas producers in the US operating over 6,000 US oil & gas properties, 23 trusts and over 200 partnerships with revenue distributions of over $75,000,000 per month.
Bellville Pipe & Tube
Served as Division Controller for Bellville Pipe & Tube, a $65M subsidiary of Quanex engaged in manufacturing of oilfield tubulars. Assisted the parent company with the sale of the Bellville operation.
Co2 Resources Corporation
Served as President & CEO of CO2 Resources Corporation engaged in ownership and operation of carbon dioxide leases in the Bravo Dome Carbon Dioxide Gas Unit in New Mexico, the largest unitized field in the continental US with over 1,000,000 acres.
The Randall Corporation
Served as Controller of Randall Corporation, a privately held $55M engineering and construction company engaged in the design and installation of gas processing plants for major domestic and international oil companies.
Mid-American Oil Company
Served as accounting and financial advisor to Centex Corporation in acquisition of interests in Mid-American Oil Company.
Pacific Gas & Electric
Served as operational advisor to PacificGas&Electric, a $12B public utility. Delivered new material distribution strategies and implementation leading to over $50M in annual savings.
Martin Lake Energy Services
Served as financial and operational advisor to Martin Lake Energy Services LLC, a $30 million oilfield and coal mining services company providing drill site construction, pipeline construction, gas meter and compressor installations, tank battery installations, and other general and remedial services.
$300M Refinery Equipment Mfg. Company
Served as operational advisor to $300M oil and gas industry equipment manufacturer. Performed end-to-end supply chain diagnostic and benchmark analyses assisting the CEO in selecting optimal process improvement strategies. Implemented best-in-class forecasting and inventory policies, material planning processes, and MRP changes resulting in a 25% reduction in delivery time and a 75% reduction in inventory.
$2B Oil and Gas Industry Equipment Mfg.
Served as operational advisor to a $2B oil and gas industry equipment manufacturer. Developed and implemented lean processes throughout the value chain from order management and engineering to manufacturing and distribution. Led the executive team through the demand/supply balancing process, delivering over $5 million in annual inventory savings, a 200% reduction in order fulfillment lead times, and a 30% improvement in schedule performance.
Rand Energy Corporation
Served as accounting and financial advisor to Rand Energy Company in Chapter 11 bankruptcy reorganization.
Crescent Fuels and subsidiaries
Appointed President and CEO of Crescent Fuels following Chapter 11 bankruptcy filing. Negotiated DIP financing for debtor and streamlined operations by reducing monthly operating costs by $500,000. Ran a successful sales and auction process.
Appalachian Oil, Inc.
Served as CEO of Appalachian Oil, a $400M downstream petroleum distribution company. Prepared post petition financial modeling, negotiated post petition debtor-in-possession financing and made operational changes to streamline business model. Assisted CRO in the auction process by identifying and negotiating the successful purchase of the company.
Paragon Holding Company, Paragon Royalty Inc.
Accounting and Financial Advisor to Chapter 11 Trustee in liquidation of royalty interests in over 800 properties held by Paragon Holding Corporation, Paragon Royalty, Inc. and another affiliate.
Served as accounting and operational advisor to Trustee in Chapter 11 Bankruptcy case for Atex Gas, owner and operator of approximately 250 gas stations under the Fina brand and convenience stores in the southwest.
Blue Star Resources
Served as lender representative in credit facility review and workout for an oil & gas company engaged in the acquisition and exploitation of producing and non-producing properties, and in exploration and development drilling programs.
Alma Energy Corp, Equinox Oil Co and affiliates
Financial advisor to secured lender syndicated group in Chapter 11. Secured debt of lender group totaling $101 million. Served as Liquidating Trustee for certain assets pursuant to Joint Plan of Reorganization confirmed by U.S. Bankruptcy Court.