We are in the midst of the lazy, hazy, crazy days of summer.

But our industry has not gone to the beach: the combination of increased drilling activity, management of increasing inventories, mergers and acquisitions, and a changing regulatory landscape under a new administration in Washington is a lot to keep up with.

This newsletter focuses on two of those issues. Divesting of assets not in the core repertoire is a good way to raise cash for further investments and to bring focus to a company's portfolio. Not all organizations have been through a sale, and planning it can be daunting without processes and experienced staff in place. Here is a primer that you might consider as you embark on a divestment project.

And if you personally have been in the midst of a merger recently and are finding yourself in a new environment, then here are some ideas about what you could consider next. The secret is not to jump before you know how deep the water is…

Enjoy your summer, and keep in touch.

Your friends at Collarini

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The following biographies are just a small sampling of the kind of talent available in our talent pool of over 24,000 experts. Please call our placement managers if you are interested in learning more about these professionals, or check out our website for more candidates.

Accountant with a bachelor's degree in accounting and 17 years of experience working for a large and small independent. Experience includes JOA and COPAS compliance, AFE review, cost reporting and analysis, accounts receivable, cash call and pre-payment reconciliation, joint interest invoicing, audit research, process and procedure development and maintenance, general ledger reconciliation, asset retirement obligations, leasehold tracking and booking, converting FERC accounting to GAAP purchase accounting, property depreciation, SOX procedures, bank reconciliations, and expense accruals. Computer skills include SAP, Energy Link (JIB Link), and Oracle Financials. Ask for A1802

Finance Professional and CPA with a bachelor's degree in accounting and 22 years of experience working for service companies and as an independent consultant. Managerial experience includes strategic development, key performance metrics, international process and procedure improvement, global accounts payable transition and reorganization, procurement system conversion, internal financial reporting, ERP system design and implementation, global statement consolidation, profit and loss, supply chain management, inventory management, and personnel recruitment. Additional experience includes budgeting, accounting, internal controls, and Texas property taxes. Computer skills include SAP and PeopleSoft. Ask for A1801

Executive and E&P Analyst with an MBA, a bachelor's degree in petroleum engineering, and 21 years of experience working for a major operator, a small independent, and investment banks. Executive experience includes mergers and acquisitions, divestiture potential of corporate assets, evaluation of acquisition candidates, investor relations management, financial, operator and shareholder tracking, transactional due diligence, rig count forecasting, breakeven analyses, play-by-play models, and presentations to E&P management teams, investors, and industry conferences. Additional business experience includes capital ranking preparation, strategic planning, capital budget evaluations, profitability modeling, proposal writing and analysis, and allocation modeling. Technical experience includes prospect evaluations, directional drilling software automation, field evaluation, capital development, and well-site operations management. Ask for BA551

Petroleum Economist and Engineer with master's degrees in petroleum economics and petroleum engineering, a bachelor's degree in geophysics, and 17 years of experience working for major operators and a service company. Experience includes developing an economic assurance process for shale AFEs, standardizing economic processes and controls for shale assets, SMOG guidelines and processes, SMOG training, economic modeling and evaluation, risk analysis, VoI analysis, budget planning, PVR, project post mortems, strategic analysis, development of a GIP matrix tool, Excel modeling, R&D evaluation, M&A evaluations, asset location matrix modeling, market research, economic studies, fiscal modeling, teaching risk analysis, and mentoring multi-disciplinary colleagues in economics. Computer skills include PEEP, DTK, ARIES, @Risk, and Crystal Ball. Languages include fluent Spanish. Ask for BA223

Geologist Geologist with an MBA, a bachelor's degree in geology, and over 40 years of experience working for major operators, a large independent, and service companies. Geoscience experience includes worldwide field development, conventional and unconventional reserves, exploitation, prospect generation, evaluation and development, deterministic and probable reserves analysis, risk analysis, A&D evaluation, new venture/basin analysis and planning, log analysis, modeling, and 2D/3D mapping. Business experience includes project management, budgeting, reserves value reporting, and commercial value analysis. Geographic areas worked include Alaska, Australia, Brazil, China, the Gulf of Mexico, Hungary, Kazakhstan, the Middle East, North Africa, Russia, South America, Siberia, Turkmenistan, West Africa, western Canada, and the US onshore and offshore. Computer skills include Paradigm/Geology, Geographix, Landmark, SMT, Petra, LOGIC, PRISM, REP, Crystal Ball, and state and federal databases. Ask For G227

Reservoir Technician with a bachelor's degree and 17 years of experience working in the medical arena and for a bank, service companies, and a major operator. Experience includes corporate reserve management, borrowing base lending support, reservoir and geoscience applications, ArcGIS map maintenance and editing, ARIES training, software integration, database management, writing macros and other programs, and creating drill-out models. Computer skills include ARIES, ArcGIS, DrillingInfo, Eclipse, Fekete, HIS Decline Plus, HIS RTA, Microsoft Office, OFM, Petrel, PHDWin, PI/Dwight's, and Powertools. Ask For TE494

Engineering Analyst with 21 years of experience working for a major operator and small independents. Experience includes SiteView implementation and integration, creating and maintaining SiteView libraries, data accuracy QA, writing manuals, technical training and support, establishing and managing teams, and documenting business processes. Additional experience includes determining and resolving data variances, creating production, HS&E, and contracts reports, generation and analysis of well operations data, creating wellbore schematics, regulatory reporting, cost tracking and preparation, budget preparation, KPIs, AFE packages, vendor contract negotiation, database development, Access queries, and web development. Computer skills include At Task, ARIES, BPC, COGNOS, Discoverer, Financial Analyzer, HPDI Online, Joomia, LiveLink, Microsoft Office Suite, OFM, OpenWells, P2ES on Oracle platform, PEEP, PRA, SCADA, Sitefinity, SiteView, SONRIS, Spotfire Lexco Owl, Visio, and WellView. Ask For TE572

Reservoir Engineer with an MBA, a master's degree in petroleum engineering, and 35 years of experience working for major operators, a large independent, a small independent, a service company, and an advisory firm. Experience includes asset and project management, project development and execution, executive advising, opportunity identification, business development, acquisitions and divestitures, strategic planning, reserves management and reporting, operations and technical leadership, reservoir and production engineering, well performance, well completion, production surveillance, new well planning, workovers, artificial lift, exploration, greenfield and brownfield, and conventional and unconventional resources. Geographic areas worked include south and west Africa, Alberta, Australia, the Beaufort Sea, deepwater Brazil, British Columbia, coastal California basins, offshore Canada, the Cook Inlet North Slope, the Ecuador rainforest, Egypt desert and offshore, the Gulf of Mexico, Indonesia, Italy, the Los Angeles basin, Louisiana, Malaysia, Mississippi, offshore Newfoundland, the North Sea, Pakistan, the Philippines, the San Joaquin basin, the Texas panhandle, south Texas, and Quebec. Software proficiencies include ARIES, PEEP, Petrel RE, PHDWin, and OFM. Ask For R1459

Land Manager with a bachelor's degree and more than 35 years of experience working for small to large oil and gas companies. Experienced in managing and executing land functions within E&P teams, acquiring leases, preparing surface use agreements, negotiating and preparing contracts, interfacing with accounting regarding royalty matters and division order interests, performing due diligence, monitoring A&D activity, and managing relationships with regulatory bodies. Geographic areas worked include Texas, Oklahoma, Alabama, Colorado, North Dakota, Kansas, Mississippi, California, Louisiana, Pennsylvania, New Mexico, and the Gulf of Mexico. Certified Professional Landman. Ask For L1160