Karla Koch Email and Phone Number

• Records monthly revenues averaging a total of $4.8 million per month.• Collects revenue statements and pricing, allocates and analyzes volumes, validates calculation for accuracy of fees including compression, gathering, fuel and treatment.• Reviews purchaser contracts to ensure spreadsheets are SOX compliant and updates escalation fees annually. • Performs extensive research on projects as assigned.• Researches Owner Inquiry calls, updates division of interest ownership and gas balancing on a daily basis.• Records and monitors prior period adjustments on a monthly basis.• Performs account reconciliations and journal entries.• Provides support for internal and external audit routinely.• Maintains project log and new well data base.

• Allocated production and plant volumes.• Performed preliminary and final volume allocations and analysis for approximately 1000 wells on a monthly basis. • Team lead on special project involving Engineering/Operations.• Managed regulatory reporting of gas production and oil volumes to the Texas Railroad Commission (RRC) and Energy Information Administration (EIA) on a monthly basis.• Maintained Compressor Asset List and tracked fuel lease usage per compressor. • Monitored condensate production, sales and inventory and reported skim production.• Maintenance of PA (Production Access) and allocation group setups.• Documented policy and procedures as it pertained to production accounting.

• Primarily responsible for preparing revenue allocations and recording revenue transactions.• Gathered and analyzed all volume and pricing data needed to properly record revenue. (BOLO)• Processed revenue-related invoices and recorded transportation, gathering and marketing processing deductions.• Distributed owner revenue accurately and timely.• Recorded and monitored prior period adjustments on a monthly basis.• Prepared and submitted MMS royalty reports and severance tax reports on a monthly basis to ensure timely payments as well as General Land Office filing to ensure compliance.

• Assisted the Controller in preparing the capital development report and associated property and vendor analysis and calculated and recorded the related capitalized interest. • Prepared financial statements, maintained general ledger, journal entries/posting needed for process of month-end close. • Prepared tax and regulatory reporting royalty payments due to MMS, payment of severance tax and any state franchise taxes, and estimated and accrued ad valorem taxes.• Maintained fixed assets schedule and calculated associated depreciation, updated asset retirement obligation schedule and booked plug and abandonment costs.• Developed capital budget report which consisted of tracking budget to actual project expenses and coding to the proper AFE; summarized capital expenditures by field and by property and vendor analysis by field area.• Prepared monthly capex report for inclusion into the monthly financial package, updated quarterly Oil & Gas Roll-forward, reconciled to the capex report and performed capitalized interest journal entries on a monthly basis.• Analyzed and allocated travel/labor costs, lease operating expenses as they pertained to capital expenditure projects. • Prepared monthly journal entries to record amortization of prepaid items, deferred financing costs, well insurance and board of development compensation.• Assisted with joint interest billing and revenue accounting process as needed.

• Principal responsibilities included financial accounting and reporting of three plants and establishing and managing systems conducive to plant operations. • Acted as a member of the leadership team in the launch and development of three new plants to the Texas area. • Responsible for months end close, preparation of financial statements and executive summary and assisted with compilation of controllers report.• Participated in annual forecasting and budgeting process, performed labor cost key measurement analysis, internal reporting and significant invoicing and account receivables.• Maintained general ledger, journal entries and posting, account reconciliations, aging reports and sales tax calculation.• Established and managed systems both internally and externally, as they pertained to multiple vendors, ensuring uninterrupted production. • Supervised account payables, purchase orders/receiving, coding, and approvals and established credit accounts with suppliers. Reconciled bank account and handled petty cash disbursement and reconciliation.

• Primary function was facilitating year-end and quarterly earnings process and communicating with shareholders and analysts within RegFD compliance guidelines. • Quarterly production and dissemination of earnings press release, presentation, financials, supplemental package, earnings scorecard and analyst scorecard and managed earnings conference call.• Executed special projects as assigned, completed financial company surveys and prepared quarterly and year-end financial reports. • Performed quarterly and year-end market research reports and assisted in production and design of annual report and maintenance and redesign of company website. • Month ends close, reviewed balance sheet, income statement and processing of recurring journal entries, maintained and reviewed fixed assets, account reconciliations, variance analysis, reviewed budget and updated forecasts.