Kevin Swaney Email & Phone Number

Littleton, Co

Inventory cleanup and valuation, audits, audit responses, payout tracking, gas imbalances, AFE cost review, purchasing and suspense account cleanup

Manager of JIB and AP group which included month end close, allocations, overhead, etc. Also responsible for inventory. Worked with field to set up new procedures for MT’s, casing\tubing reconciliation process, cleaning up the yards, proper valuation of equipment, and basically a change in all of their former processes. Responsible for audit review and responses to working interest partners. Developed a rental program to charge out company owned equipment per COPAS guidelines. Reviewed and overhauled a few of our billing methods to improve the bottom line.

Centennial, Co

Vitesse Oil purchased small working interests in the bakken oil fields. Pursuant to the PSA’s, I followed up to ensure the operators updated their decks, we were billed with the correct working interest and were paid the appropriate revenue interest. This required contacting the operators regularly, working with their land, billing, and revenue departments. As part of the agreement, all costs were reviewed for proper activity dates.

Denver, Co

Cost Operations ManagerPromoted from Cost Accounting Manager. Responsible for managing AP, 3 financial analysts, materials\inventory and well reconcilers. Worked with field office to improve communication, reduce costs and improve efficiencies. Reduced operating expenses over $300,000 annually by implementing a tubing program within first month of new position. Set up programs to reduce our inventory and ensure wells are properly accounted for and reconciled. Organized department which reduced our contract spending by $80,000 a month. Set up a new division for rental equipment adding over $6M in 2013 and roughly $7.5M projected revenue in 2014. Created new contracts for separate division including drilling rigs, completion rigs, water hauling and rental equipment. Recently established a system to allocate pad costs to wells sharing the same pad site per COPAS AG-29.Cost Accounting Manager Managed JIB, AP (Spendworks & ADP), financial analysis & audit group. Responsible for managing 17 people. Restructured department and worked with field to reduce their workload and improve our communications. Initiated closing procedures, audit procedures, a payout program, established training programs to enhance my staff’s understanding of oil and gas operations and resolved personnel conflicts.

2008 – April 2010 Black Hills Exploration & Production Golden, COManager JIB, A/P and revenue. Work with Land & Engineering monitoring AFE and prospect costs, audit closing procedures, well analysis, property sales and acquisitions, A\R collection problems, gas imbalances, DOI issues, JOA, etc. Manage and correspond with outside auditors for all non-op audits, also responsible for inventory control of warehouse yards, payouts, ad valorem and property taxes, budget reviews and updates. Set up non-op revenue monitoring system to ensure revenue monies are in agreement with DO’s. Realigned revenue department to improve work flow and capture all applicable deductions.

Denver,Co

OwnerMy employer, Marathon Oil closed their Littleton office in 2003. After working in the oil and gas industry I decided to venture on my own and operated a coffee and wine bar in the Denver area for five years. After five years, I closed it. I managed approximately ten employees and learned the value of customer service along with all of the intricacies and challenges of operating my own business. You develop a strong work ethic and leadership qualities that will carry over to future employers.

Littleton,Co

Managed approximately 17 people which included JIB, AP, budgeting, graphics and supply room. Realigned the supply room and graphics department through personnel changes and new responsibilities. I was also the budget coordinator for our office. Budgeting included monthly updates, variance explanations, and quarterly review presentations. I worked very closely with the field and engineers regularly to ensure the estimates were in line for our corporate office concerning reporting and tax purposes. I also worked with our IT group to develop a zero based budget through a billing and allocation system which was utilized throughout the Marathon Corporation