Responsibilities:-. Participates in the preparation and presentation of new ventures evaluation from inception to the Board approval. Ensures allocation of funds to viable projects. • Conducts geological evaluation of farm-in opportunities as well as operated and non-operated ventures. Includes asset evaluation and results for exploration projects in the detailing of “oil in place” and reserves, to give value to the project’s worth. • Manages projects of specified assets (technical and financial). Monitors operator’s technical activity, budgets, AFEs, expenditures, production forecasting and proposals. Supervises annual budgeting and reserves reporting to reduce risk exposure associated with a project. • Works closely with team geophysicists and engineers in making recommendations for development well locations and drilling, logging and testing strategies to meet the Company’s corporate objectives. • Evaluates software and advises management on upgrades and new purchases.
|