Becky Gillespie Email and Phone Number

Management/supervision of all financial and back office for 6 entities.

Supervise all accounting, land/legal, production and regulatory reporting.Investments, Budgeting, Financial Statements for 15 separate partnerships and corporations. Implement Wolfepak software package, set up all accounting policies and procedures. Train staff (Accounting, Land and Production Accounting).Oversee all monthly processes of closing books for 21 business unitsReport Financial results to the board of directorsRisk ManagementMonitor all open legal issues involving the company and insure company complies with all legal and regulatory requirementsConstruct and monitor reliable control systemsMaintenance of appropriate insurance coverageFormulate tactical initiatives, monitor and direct implementation of strategic business plansManage capital requests and budgetingDevelop and direct financial analysis of operations Responsible for Revenue, Production, JIB, Property, Treasury, GLMaintain banking relationshipsAnalyze inconsistencies in financial entries, supporting documentation, and reportsCareer management for direct reportsEstablish and maintain accounting practices / procedures to insurance compliance with US GAAP, COPAS and FASB International accounting policiesInventory FIFI / LIFOLead/direct/manage all Accounting, Production/Regulatory and Land Administration TeamsManage all contracts and accounting after sale of prospects.Prepare / compile documentation and variance analysis for auditsPrepare / review budgets, budget proposals, and prepare supporting documentation and justification as required/neededPrepare reports pertaining to business activities and financial position based on past, present, and expected operations (Budget, Financial Statements, Ad Hock Reports)Promote, Establish and maintain effective relationships with the team and other departments throughout the Company Promotion and Presentation of prospect/projects to prospective participants

Joint Ventures include: US, Korea, Peru• JV Accounting – Revenue, Production, JIB, Property, Treasury, GL• Accruals: Revenue, Expenses, Production• Revenue & Production Accounting - All procedures through closeo Production Allocations – Set up & maintenance. Allocate all production, field use, pipeline gain/loss, plant/plant productso Reports to Texas RRC, GLO, BOEM, Louisiana Office of Conservationo Revenue Allocations - Allocate all production, sales, field use, pipeline gain/loss, plant/plant productso Sales Agreements & Contract pricing and complianceo Revenue distribution o Handle all Owner inquires o Transportation, Pipeline, Plant accountingo Severance & other Revenue related taxeso Escheat• Calculate & Maintain Division of Interest for Revenue & Working Interest• Treasury (Includes Currency Exchange and realized & unrealized foreign expense)• Taxes pertaining to operations • Joint Interest – All procedures through close• Property (including Material Transfers & Inventory)• AFE’s – Categorize, approve, cash calls, expenditures vs budget• General Ledger – Month End Close, Account Reconciliations, Intercompany• Accounts Payable• Accounts Receivable• Revenue – reconciliations, allocations, severance tax, regulatory reporting• Supervise Production Accountant• Supervise State Regulatory Reporting Accountant• Ad-hoc reports• Administrator for BOLO accounting program. Manage/Supervise all cost accounting activities. Supervise 5 accountants.Convert from outsource (Excalibur) to in-house (BOLO).

Review all leases/agreements/contracts for validity, division of interest and convert from LandPro to BOLO Land module. Review and maintain new prospects, leases and agreements. Calculate acreage, lease bonus, minimum royalty, shut-in royalties, payouts, surface / use payments and maintain Lease Payment Calendar. Supervise 1 Lease Analyst and 1 Division Order Analyst.

• Administer all joint interest accounting transactions for oil and gas properties and related midstream assets in an accurate, timely manner complying with all mandated regulatory requirements and time frames• Supervise 7 JIB Accountants (2 for Operated JIBs and 5 for Non-Op) whose duties included coding invoices, recording overhead, compression, cash calls and prepayment, AFE reconciliations (all phases of joint interest accounting)• Tax – coordination and communication with tax professionals for preparation and reporting of all state and federal tax reporting requirements.• GL Account reconciliations and Audit Support for quarterly and special audits• Research & respond to Joint Interest questions, process adjustments • Prepare JIB and Revenue reconciliations and documentation for Post Close acquisitions & divestitures • All COPAS and SOX compliance issues and audit support• Handled all inquiries for netted Revenue and reconcile Revenue accounts for special inquiries

• All accounting procedures for 2 companies through financial statements. GL, Joint Interest, Revenue, Severance Tax, General Land Office, Ad Valorem Tax etc.• Tax – coordination and communication with tax professionals for preparation and reporting of all state and federal tax reporting requirements.• Implemented new accounting program to better capture and report financial data• JIB’s: maintain all allocations, overhead, mileage, ownership decks, COPAS compliance, etc for operated joint intrest billings• Accounts Receivable• Revenue: Record revenue and remit royalties for oil and gas sales, process division of interest changes. All revenue related activities.• Gas Balancing, Pipeline imbalances and prepare related entries and reports• Process all production allocations and state regulatory reporting• Respond to royalty and working interest inquiries

• Implement guidelines to assure all revenue is booked. There was no procedure to inform Revenue of the volumes and dates of sales. I worked with production & revenue to insure all revenue was recorded and that sales prices were according to contract.• Implemented guidelines to assure all Joint Interest Billings were processed according to COPAS and JOA.• Set up production/gas accounting procedures between engineering and accounting departments. Implement and maintain statistical/engineering data for profit/loss on acquisitions/divestitures. • Handle all Texas and Louisiana regulatory reporting, including permitting, completion reports, workover reports, monthly production reports and related regulatory and proration activities, file plugging papers. • All filings for Texas State lands. • Reconcile sales taxes paid vs. taxes due, Severance Tax, General Land Office and Texas/Louisiana regulatory reporting. • Assign AFE numbers and maintain AFE records/files. • When a pipeline company was purchased, I was assigned the task of implementing all accounting procedures, from allocation of deliveries to profit and loss for the company.• Tax – coordination and communication with tax professionals for preparation and reporting of all state and federal tax reporting requirements. NOTE: During the initial 3 months of employment, I identified $313,000 of Revenue due on one contract for a 2 year period. I audited the invoices/statements of gas sold documentation and collected $310,000 within 90 days. The entire balance was collected at 180 days.

• Allocate pipeline receipts, delivers and production to wells, pipelines and operators• Profit/Loss for pipeline/production systems• A/R & A/P for gas purchase, sales and transportation• Revenue: Record production, sales, revenue and remit royalties for oil and gas sales, process division of interest changes. All revenue related activities.• Gas Balancing, Pipeline imbalances and prepare related entries and reports• Respond to royalty and working interest inquiries • Supervise all phases of measurement, production and variances, determine cause and take appropriate action to correct, well tests, well diagrams and histories, workover and recompletion information. • All pipeline and production company regulatory, accounting and Gas Purchase/Sales/Transportation. , Texas and Louisiana regulatory forms and compliance (including permitting, completion, production, allocations, plugging, etc.). Texas & Louisiana State Comptroller reports, severance taxes and reports to Texas General Land Office

• Set up, monitor and maintain TOW master file records and gathering systems for both daily and monthly processing• Supporting operations personnel with new well and gathering system changes• Coordinating with the Revenue Accounting Department through the monthly close process to ensure the proper allocation of production volumes and payment of royalties• Maintaining procedures and documentation for work papers• Prepare, analyze and review financial production information • Identifying, analyzing and resolving daily and monthly volume variances, • Ensuring the preparation, review, and filing of monthly regulatory reports,• Responding to both internal and external audit requests,• Maintain TOW database including uploads and downloads from ARIES and ARTESIA and PASS• Coordinate with Land/Legal/Marketing to insure all allocations are in compliance with royalty payments, leases and marketing contracts.• Researching and gathering information, as well as, preparing correspondence to resolve inquiries and/or disputes,• Maintain all Texas Railroad Commission reports pertaining to state allowables and well over/under production and compliance with state regulations, including application for new field rules, allowables and suspension/reinstatement of allocation formulas. Also handled all Texas RRC permitting, completion and other reporting as needed• Completing existing and identifying new continuous process improvement projects, and• Maintaining compliance with applicable accounting policies and requirements of regulatory agencies.• Participating in the testing of various system fixes and/or upgrades