2010 02 - COPAS of Oklahoma City
Transcription
2010 02 - COPAS of Oklahoma City
The General Ledger COPAS of Oklahoma City Newsletter Happy New Year! Happy New Year! And speaking of new, did you happen to notice the new name on our newest committee? The New Professionals Committee is open to members with five or fewer years of experience in the oil and gas industry. Note that youth is not a requirement; you need only an interest in learning more about the industry and accounting in the industry. If you are indeed a New Professional in the oil and gas industry, please take a moment to introduce yourself to Jennifer Manning, Krystal Goodman, and / or Houston Lee. Also, please consider joining our newest committee to take advantage of this opportunity to learn more about the industry and meet future key contacts in our local society. Meeting Information Tuesday, February 9, 2010 Committee Meetings Financial Reporting 10 am-Perle Mesta Suite. Technical Session Registration Rick—Editor 11:00 am—11:30 am Venetian Room Technical Speaker & Lunch 11:30 am—1:00 pm Venetian Room Lunch Menu Guest Fee $26 Inside: President’s Message Technical Session Speaker Bio Committee Information Board Information Page 1 Classic garden salad with Ranch and champagne vinaigrette Roasted Pork Loin with spicy strawberry sauce, served with whipped potatoes and fresh vegetables Traditional carrot cake or chocolate marquis President’s Message Fellow COPAS Members, I hope everyone had a wonderful holiday season. Personally, I ate way too much, but I’m sure that everyone else showed great restraint! Now that we’ve gotten through the beautiful weather, it’s time to get back to business and clear out all the emails and other work that was piled up and waiting for us. Our February meeting is a luncheon meeting, and we are fortunate to have Steve Irizarry, the National COPAS Executive Director as our speaker. Steve has implemented numerous changes in COPAS at the National level, and has placed a great deal of emphasis on marketing the COPAS brand and increasing membership. He is an excellent speaker, and I know everyone will enjoy meeting him and hearing his presentation. Our annual Education Day is coming up fast. It will be held on Thursday, February 18 at the UCO Nigh University Center. There is still room, so if you’re interested but haven’t yet registered, bring your registration form to the COPAS meeting on Tuesday, or send it to Melissa Meeker at Chesapeake. I encourage everyone to consider attending. Melissa has put together an excellent program, and attendees can earn 7 hours of CPE credit, including 2 hours of Ethics credit. I look forward to seeing everyone on Tuesday! Jeff Marsel, President Email Society President: [email protected] Page 2 Technical Session At our February 2010 meeting, we have the pleasure of introducing Steve Irizarry, the Executive Director of COPAS. Steve began his career working in public accounting then moved into oil and gas. With 30 years of experience in the oil and gas industry, Steve spent 15 years with Texaco, 7 years with Kinder Morgan, and worked as a consultant prior to his tenure with COPAS. Steve graduated from the University of Florida with a BSBA and Regis University with an MBA. He is also a Bighorn Fellow, which is a bipartisan fellowship sponsored by Colorado State University. Steve currently lives in Littleton, Colorado and loves to fly fish and tie flies, ski, and snow shoe and play golf. Page 3 Steve Irizarry Account 1300—Audit and 1700—Joint Interest JI Chairs: Dennis McGee, Chesapeake Melissa Gruenewald (JI), Chesapeake Audit Chair: Rick Stong, Chesapeake Hello, everyone. The Audit and JI Committees did not meet in December. We will not meet on February 9 unless there are significant topics that come up at the National Meeting. We will likely meet on March 9. Thanks, Dennis & Melissa Joint Interest Account 1500—Education Chair: Melissa Meeker, Chesapeake Mark your calendars for COPAS Spring Education Day 2010! The event will be held Thursday, February 18, 2010 at the Nigh Convention Center on the UCO campus. Attendees can earn 7 hours of CPE credit, including two hours of Ethics credit. If you have any questions, comments, concerns or suggestions, please feel free to contact me at [email protected]. Rick Melissa Audit Account 1800—Membership Chair: Randy Goben, Chesapeake Happy New Year everyone! The good news is that since we have crossed the half way point our dues are now also only $125. Our membership has now risen to 277 members. If anyone would like packets sent to other prospective members please send me their addresses and I will make sure they get a membership packet. Please contact Randy Goben regarding membership information at [email protected]. COPAS-OKC P O Box 144 Oklahoma City, OK 73101 Randy Page 4 Account 1600—Financial Reporting / Sarbanes Oxley Chair: Travis Williams, Grant Thornton The Financial Reporting Committee will meet on February 9, 2010 at 10:30 am. I will be presenting a technical accounting update that will be eligible for CPE credit. The update will include a summary of recently issued literature and current practice issues. If you plan to attend, please RSVP to my e-mail account at [email protected]. I hope to see you there. Account 1900—Midstream / Downstream Accounting Chairs: Stacey Clark, Chesapeake Julie McCann, Chesapeake The Midstream / Downstream Accounting Committee will not meet in February. However, we look forward to seeing you at the February luncheon. Travis If you have any suggestions for speakers or topics to cover, please let us know. CPE Thanks! Stacey & Julie Account 2000—Revenue Chairs: Kimberly Marquis, Devon Tiffany Starnes, Devon The Revenue Committee will not meet in February, but we look forward to our March meeting. We are working out the details on a speaker and we will be forthcoming with more information. The MMS will conduct training regarding “Reporting on Federal Units and Communitization Agreements” in OKC on March 17th and 18th. The information obtained during the training will be used as a discussion guideline for our April meeting. We will also discuss the other aspects of PAs/CAs. See you in March, Kimberly & Tiffany Page 5 Account 2100—Small Oil & Gas Companies Chair: Diana Voss, Ward Petroleum The Small Oil and Gas Companies Committee will not meet in February. If anyone has a speaker in mind for March please let me know. Thank you, Account 2300—New Professionals Committee Chairs: Jennifer Manning, Devon Krystal Goodman, Devon Houston Lee, Devon New Professionals will not be meeting this month. We look forward to having a special guest speaker in March and hope to see more individuals join us as we begin to have not only young professionals but NEW professionals as well. Diana As explained in the last technical session, our committee name has changed to the New Professionals to target those in the industry with five years of experience or less. We are really excited and eager to grow this committee and meet the needs of those that are in the beginning stages of their career in oil & gas. Account 2200—Tax Chair: Rebecca Priest, OGE Energy Corp Our next meeting is on Wednesday, February 17, 2010 at the SandRidge Energy Annex. Our speaker will be Brian De Luca with Enogex. His presentation will be on Natural Gas Processing. The cost for lunch is $20 for COPAS members and $30 for non-COPAS members. If you are interested in attending and would like information about the location, you may RSVP to Samantha Vreeland at 426-4594 or you may email her at [email protected]. At our last meeting held on January 20, 2010, Terry Boehrer with Cole & Reed presented a Federal and State Tax Update. Rebecca CPE Page 6 Please contact Krystal, Houston, or me if you have any questions about the committee. We would love to talk with you about your interest in joining and any ideas you would have to help evolve this new committee. See you soon! Jennifer, Krystal, & Houston Board of Directors President Jeff Marsel, Chaparral Energy Ph: 405-426-4464 Fax: 405-425-8464 Email: [email protected] President-Elect Amanda Streitmatter, SandRidge Energy Ph: 405-753-6122 Email: [email protected] Vice-President Marith Means, Carl E Gungoll Exploration Ph: 405-286-6543 Email: [email protected] Secretary/Historian Karen Hurley, Ward Petroleum Ph: 580-234-3229 Email: [email protected] Treasurer Susan Clark, GHK Facilities Coordinator Ph: 405-840-1811 x102 Fax: 405-840-4422 Email: [email protected] Director Kevin Ellis, OGE Energy Corp - Enogex Inc Education / Training Ph: 405-557-5204 Fax: 405-558-4610 Email: [email protected] Director Randy Goben, Chesapeake Energy Membership Ph: 405-879-9156 Fax: 405-879-9585 Email: [email protected] Director Kelly Poisson, Chaparral Energy LLC Special Events Ph: 405-426-4350 Email: [email protected] Director Mandy Fuller, Devon Energy Facilities Coordinator Ph: 405-228-4402 Fax: 405-228-8202 Email: [email protected] National Board Liaison Lynn Boyer G3 Drilling and Blasting, Inc [email protected] Committee Chairs Audit Rick Stong, Chesapeake Energy Ph: 405-767-4150 Fax: 405-879-9585 Email: [email protected] Membership Randy Goben, Chesapeake Energy Ph: 405-879-9156 Fax: 405-879-9585 Email: [email protected] Nominating Committee (cont.) Dennis McGee, Chesapeake Energy Ph: 405-810-2665 Fax: 405-879-9532 Email: [email protected] Education Melissa Meeker, Chesapeake Energy Ph: 405-935-4979 Fax: 405-849-4979 Email: [email protected] Revenue Kimberly Marquis, Devon Energy Ph: 405-228-8841 Email: [email protected] Diana Voss, Ward Petroleum Corp. Ph: 580-234-3229 Fax: 580-242-6850 Email: [email protected] Tiffany Starnes, Devon Energy Ph: 405–552-3662 Email: [email protected] Coordinators Facility— Mandy Fuller, Devon Energy Ph: 405-228-4402 Fax: 405-228-8202 Email: [email protected] Financial Reporting/Sarbanes-Oxley Travis Williams, Grant Thornton Email: [email protected] Joint Interest Dennis McGee, Chesapeake Energy Ph: 405-848-2665 Fax: 405-879-9532 Email: [email protected] Melissa Gruenewald, Chesapeake Energy Ph: 405-879-9327 Fax: 405-879-9532 Email: [email protected] Midstream/Downstream Stacey Clark, Chesapeake Energy Ph: 405-935-9289 Fax: 405-552-1332 Email: [email protected] Julie McCann, Chesapeake Energy Email: [email protected] Tax Rebecca Priest, OGE Energy Corp. Email: [email protected] Page 7 Small Oil and Gas Companies Diana Voss, Ward Petroleum Corp. Ph: 580-234-3229 Fax: 580-242-6850 Email: [email protected] New Professionals Jennifer Manning, Devon Energy Ph: 405-552-3697 Email: [email protected] Krystal Goodman, Devon Energy Ph: 405-552-7985 Email: [email protected] Houston Lee, Devon Energy Ph: 405-552-8017 Email: [email protected] Nominating Committee Mary Kruger, Ward Petroleum Corp. Ph: 580-234-3229 Email: [email protected] CPE— Johna Dodson Ph: 405-935-9328 Email: [email protected] Golf— Johna Dodson Ph: 405-935-9328 Email: [email protected] Josh Pitts Email: [email protected] Paul Bowyer Email: [email protected] Website / Newsletter— Jennifer Manning Ph: 405-552-3697 Email: [email protected] Rick Villarma Ph: 405-228-8376 Email: [email protected]