Ted Hinson

 

Landman

Summary

• Over 23 years of experience in the energy industry, including 8 years as a petroleum landman and 15 years of marketing, trading and production of natural gas.  Strong ability to negotiate with industry partners to effectively manage various land transactions. Extensive use of risk management applications.  Has exceptional communication and interpersonal skills which have produced an outstanding record of industry partner relationships and team performance.  Relates easily and effectively with customers, colleagues and executive management.

Education

• 1983; University of Central Oklahoma, Edmond, OK; B.A. Business Administration                                                             

• 1977 to 1981; University of Oklahoma, Norman, OK

Professional Experience

• March 2003-Present, Marjo Operating Co., Inc.

Landman, Mid-Continent

      ·         Negotiate and purchase oil and gas leases, settle surface damages, settle right-of-way agreements.

·         Supervise field brokers title search and leasing activity.

·         Negotiate farmout agreements.

·         Facilitate the hook up of new producing wells, by coordinating the installation of electrical power lines, saltwater disposal wells, gas flow lines.

·         Testify before the Oklahoma Corporation Commission as an expert witness, in connection with spacing, force pooling, increased density and location exception applications.

• April 1997 to February 2003, Williams Energy Marketing and Trading

Trader, Natural Gas

·         Identified, negotiated and executed storage transactions for the mid-continent region.   

·         Generated net margins and profits in excess of $1,000,000 each of the years in which responsible for originating and trading storage transactions.

·         Responsible for managing the risk associated with transactions from $10,000 to $2,000,000.

·         Supervised trading physical natural gas for the mid-continent region.

·         Managed, negotiated and purchased transportation services for the mid-continent region which involves intra-state as well as interstate transactions.  Charged with acquiring transportation within certain budget guidelines.

·         Negotiated and managed the sale of natural gas to the industrial markets on Williams Central Pipeline.  Responsible for all customer relations.

·         Resolved any discrepancies that might occur in desk transactions.

·         Developed monthly trading strategies.

• May 1990 to April 1997, Vesta Energy Company, Tulsa, OK

Manager, Term Gas Supply

·         Initiated, negotiated and executed term gas supply.

·         Managed Mid-Continent Sales and supply.

·         Coordinated trading staff.

• July 1987 to May 1990, Spectrum Energy Companies, Tulsa, OK

Natural Gas Representative

·         Negotiated gas purchase and sale transactions.

·         Supervised operations personnel.

·         Designed and implemented transportation and exchange strategies.

• December 1982 to April 1986, TXO Production, Oklahoma City, OK

Landman

·         Prepared title ownership reports from various county records.

·         Negotiated oil and gas leases, damage agreements, right of way agreements, ratification agreements, communitization agreements and title curative documents.

Professional Memberships/Honors

• 1997 recipient of Top Ten Outstanding Tulsans Award, presented by Tulsa Junior Chamber of Commerce

• 1993 recipient of a Special Achievements Award given by the Mayor’s Commission on Americans with Disabilities.

Volunteer Work

• Participation in Leadership Tulsa, an organization dedicated to community involvement, improvement, and leadership.

Disability

• Despite a visual impairment, have demonstrated a strong ability to function in the business community by utilizing a voice synthesizer, which produces speech for computer use.  This specialized equipment allows performance in a day-to-day independent and efficient manner.