Nicholas Smith Email & Phone Number

Dallas, Texas, Us

Responsible for business development, land, and commercial departments at Berry Petroleum. Assist CEO in developing, directing, and overseeing the implementation of the Berry’s strategic direction. Lead the identification, evaluation, and negotiation of bolt-on transactions. Collaborate with CFO on financing alternatives for these opportunities. Responsible for hedging position and all commercial and land activities at Berry Petroleum.*Acquired Macpherson Energy Company for $70 million. *Two successful farm-in deals to validate and prove horizontal play on Berry acreage *21 bolt-on deals worth >$35MM

Dallas, Texas, Us

Responsible for managing commercial activities for Berry Petroleum in California, Utah, Colorado and East Texas including oil, natural gas, natural gas liquid, and carbon sales, purchases, and logistics. Responsible for identifying and helping to implement strategic initiatives and business opportunities. Manage commercial and economic models requiring collaboration with drilling, production, and geology departments. Assist in acquisition, divestiture, and financing activities.*Generated >$76MM through natural gas hedging (2021 and 2022)*Received >$150MM in cash in 2020 through oil hedges*130% increase in customer base in California since 2017.*Secured access to Kern River Gas pipeline which allows ~85% of total gas demand to be met with cheaper Rockies gas.*Assisted in successful IPO and $400MM high-yield debt offering

Erbil, *, Iq

Responsible for managing commercial activities for the Sarsang Production Sharing Contract, Kurdistan Region, Iraq and United States production from the Barnett Shale acreage near Alliance, Texas. Managed all commercial and economic models requiring collaboration with engineering (drilling, production, subsurface) and geology departments. Assisted in acquisition, divestiture and financing activities. *Forecasted production and reserves. Assisted in procurement functions as necessary.*Worked with independent reserve auditors to move 90% of 2C resources to 2P reserves prior to approval of development plan. *Led evaluation on four >$100MM Wolfcamp / Bone Springs projects in Permian Basin (TX and NM).*Generated $53MM in gross crude oil sales and collections in Kurdistan; Negotiated and managed oil sales contracts with government and private refiners;*Represented company in Management Committee and Operating Committee Meetings with Maersk, Marathon and Kurdistan Ministry of Natural Resources.*Increased gas revenue from Barnett production by 22% through renegotiation of gas sale and purchase contract.*Developed PHDWin and Excel-based economic model for HKN’s production sharing contract; including revenue allocation model used in negotiations with the KRG.

Erbil, *, Iq

Implement natural gas hedging program and manage gas sales contract. Perform economic valuation of domestic and international oil and gas assets using PHD Win and Excel-based economic models. Assist in acquisition and divestiture activities. Forecast production and reserves, and prepare monthly reserve forecast reports for senior management. Procure materials for US gas operations.

Procured materials for US gas operations. Advise and provide analysis on the implementation of Hillwood’s natural gas hedging program. Monitor and report on regulation that could impact Hillwood’s business in the US. Developed Excel spreadsheet and option valuation model to track the progress of and aide in the implementation of hedging program. Lowered well treatment chemical costs.

Determine economic valuation and potential of oil and gas assets. Advise and provide analysis on the implementation of Hillwood’s natural gas hedging program. Monitor and report on regulation that could impact Hillwood’s business in the US.

Locate missing heirs and negotiate the acquisition of oil and gas agreements including mineral leases, gas storage agreements, and right of way easements. Research the operational and capital costs of heavy oil operations in North America with special reference to steam generation.

Hessle, East Yorkshire, Gb

Performed due diligence, valued, and negotiated the acquisition of UK and European natural gas storage projects. Represented Centrica Storage in commercial negotiations ranging from gas processing issues at the Easington natural gas terminal to equity swaps in new gas fields. Developed forward price curve for UK gas market to assist in the modeling of the economics of gas storage projects.

Hessle, East Yorkshire, Gb

Traded natural gas to optimize Centrica Storage's within day and day ahead position on the UK gas market, and priced and sold interruptible services to Centrica Storage's customers. Liaised with Centrica Storage's offshore and onshore operations to ensure optimal configuration and flow rate of the 100 bcf Rough natural gas storage facility. Worked as part of a 24-hour, 6 person shift team.

Msc, Economic History

Ba, History