Michael Lang Email & Phone Number

Houston, Tx, Us

Houston, Texas, United States

Houston, Texas, United States

Co-chaired the Sunset Social and golf tournament event

Houston, Texas, United States

Non-ProfitBoard MemberFinance Committee Chairman

Houston, Tx

Recruiting and mentoring Business Development personnel. As part of the Commercial & Business Development team, recruited new personnel to start new diversified businesses. Mentored direct reports to expand their current role and become key contributors to managing customer relationships. Used extensive knowledge of the industry to do everything from contract management & negotiation, commercial data room set-up, due diligence and daily plant operating decisions. Result: Developed personnel for new opportunities and performed due diligence for new $200+ MM transaction.

Budgeting and business planning, as well as financial analysis in support of commercial, operational, and business development activities

I have continued to consult for Portland plc on an hourly basis through March 2010.Economic modeling of various salt cavern natural gas storage projects around the world (projects include: United Kingdom; Ireland; other EU countries)Valuation of storage capacity using LACIMA Group Gas Storage Valuation and Optimization Software (Projected annual storage rates based on facility parameters and forward gas price curves)Developed database and business development plan for presentation to Board of Directors for potential North American gas storage projectsCollaborated with Engineering and IT departments to develop Data Room to store relevant project documents for review by potential investors for various storage projects and was responsible for the routing of the Q&A processResponsible for the generation of all graphs and economic slides for presentations made to the Board of Directors, Annual General Meetings, and other investors and interested parties

Managed commercial activities of 5 employees on two natural gas gathering systems with annual revenues of over $30 MMMost other duties were the same as PROJECT MANAGER

Negotiated pipeline transportation contracts with producers & marketers on two natural gas gathering systems with annual revenues of over $30 MMCoordinated with engineering & operations personnel to connect producer's natural gas well locations with pipeline assetsPerformed commercial & revenue due diligence for acquisition opportunities for natural gas gathering, storage and transportaion assets

Assessment, oversight and management of company's commodity risk across its various midstream business segments and geographic regions with mark-to-market values of $30MM and contractual obligations of up to $85 MMCreation of comprehensive revenue forecasting and risk management models, systems, processes and policies for existing and future businessesDissemination and explanation of company's forecasted and actual margin and commodity exposure through oral and written reports and presentationsDevelopment of meaningful performance-maximization and risk-mitigation strategies and recommendations for specific gas and NGL price forecasts, corporate and divisional objectives, etc.Identification and tracking of industry, accounting, financial, market and other trends/events which could impact revenue and risk positionDevelopment and application of advanced analytical tools and concepts such as real options theory, monte carlo simulation, statistical analysis, VaR and RAROC, etc.Preparation of revenue and volatility forecasts for strategic plans, budgets and investment opportunitiesPerformance of statistical analyses in support of the company's FASB 133 hedge accounting procedures

Economic and financial evaluations of new projects, acquisitions and dispositions while working closely with commercial, business development and financial groupsFinancial due diligence responsibilities on numerous acquisition transactions valued from $10-$170MMPerforming "lookback", ROIC and other financial and strategic analyses on existing projects and investmentsParticipation in meetings, discussions and presentations with executive management, and providing support in the analytical and decision-making process regarding investment opportunitiesCreation of management presentations for both internal and external audiences Development of industry, company and asset analyses, capitalization comparisons, cost-of-capital studies, etc.Development and refinement of strategic plans, budgets, models and scenariosApplication of real option theory and other financial concepts and tools as part of evaluations process

Primary contact for current customers of Tennessee Gas Pipeline. Responsible for remarketing current contracts as well as developing customer relationship during uncertain period of unbundling and contract restructuring. Total annual revenues of customer base was over $80 MM. Worked with Business Development on expansion projects. As committee chairman of Image & Marketing Team, led effort to expand and enhance company website.

Responsible for forecasting gas throughput volumes and revenues for monthly review and annual budget projections. Other activities include economic analysis of market strategies and capital projects, determining discount strategies and negotiating discounts. Provided data reports to other internal departments to support regulatory filings and FERC data requests.

Areas of accountability included production of two bi-weekly volume analysis reports, production of weekly and monthly group scorecards tracking quality and performance. Major accomplishments included developing a desk file transfer project to facilitate the implementation of a team environment, and coordinating and delivering a presentation to fellow interns to familiarize them with the Gas Transportation Company.RETAIL STORE MANAGER, BAG 'N BAGGAGE

Master, Business Administration; Finance & Information Systems

Bachelor, Business Administration; Finance