TIMOTHY E MCDONALD

** ***** ***** ******, ****** Rock, AR 72227

Home: 281-***-****

acq0m5@r.postjobfree.com

An accomplished and dynamic executive with impeccable credentials, who has a long track record of award winning results in turnaround, growth, large corporate and independent oil and gas company environments. Provides a unique combination of strategic vision, business acumen, and technical expertise, with 30 years of wide-ranging oil and gas experience with Unocal, Amoco, and independents. A Professional Engineer and Harvard Business School Alumnus. Leadership / communication / team building

Strategic & tactical planning

Multi-milion-dollar P & L management

Business development / Negotiation skills

Organizational restructure and change

Skilled decision maker

Profit and Loss / Financial results

Project management

Business and Financial:

Co-founded three successful independent oil & gas companies: Orion Oil & Gas - Acquired 50 year old oil field, in two years increased production 4 fold, and reserves 7 fold, and sold field for $28 MM providing a 237% rate of return for equity investors BayCorp Resources - Formed $100 MM company merging equity assets of McDonald & Johnson and BayCorp Holdings. Acquired Texas oil field drilling 9 new successful wells. Sold Haynesville Shale for $ 10 MM profit, and developed 24 James Lime wells for 60 BCF reserve increase McDonald & Johnson Resources -Acquired three oil and gas properties, doubling reserves and increasing production to 300 BOPD and 500 MBO. Acquired 5,000 acres of Eagle Ford Shale in Zavala County, Texas. Management and Staff development:

Union Oil of California (UNOCAL) - Turned around poorly performing assets in Gulf of Mexico by reforming staff, while increasing business performance tracking and asset development. Set 50 year production record, was cover article in Offshore Engineer Magazine, and won the Unocal Chairman's Award. Reservoir Engineering and Field Exploitation:

AMOCO - Developed the West White Lake field in the swamps of south Louisiana, drilling 30 successful wells, and in three months time was producing 20,000 BOPD becoming Amoco's largest producing US field. 01/2015

ENVIRONMENTAL SERVICES GROUP, INC.

Little Rock, AR

Vice President

Accountable for growth of company revenues via expansion into 26 major markets across the U.S. Responsible for hiring of sales teams and technical support staffs, strategic planning, and tracking of revenues Aids in technical development of environmental permitting, regulatory and safety training programs EXECUTIVE PROFILE

SKILL HIGHLIGHTS

CORE ACCOMPLISHMENTS

PROFESSIONAL EXPERIENCE

01/2010 to 12/2014

MCDONALD & JOHNSON RESOURCES, LLC

Houston, TX

President and Principal

Co-founded M & J Resources an independent oil and gas acquisition and production company Acquired and operated 3 oil producing properties at a total cost of $ 17 MM Doubled the production and reserves of McFaddin field, Refugio, Co, TX to 300 BOPD and 500 MBO, within the first year through a combination of work-overs and 3 new wells In 2007, M & J combined assets with their equity partners in the McFaddin field to form a new company, BayCorp Resources, LLC

01/2006 to 01/2010

BAYCORP RESOURCES, LLC

Houston, TX

President and Principal

McDonald co-founded BayCorp Resources, LLC, a $100 MM independent oil and gas acquisition and development company, merging assets of equity partner BayCorp Holdings, LLC and McDonald & Johnson Resources, LLC.

Expanding on the early success in the McFaddin Oil field, BayCorp drilled an additional 9 oil wells, developing an average of 35 MBO of reserves per well, with a PV (10) of $1.6 MM per well. Sold East Texas Haynesville acreage for a net profit of $ 10 MM, development of 24 James lime horizontal well, gleaning 60 BCF of reserves from a $50 MM investment. BayCorp also acquired 20,000 acres on the edge of the Williston Basin in Montana, and 5 Texas state water prospects over 5,000 acres.

One of the prospects discovered an estimated 10 BCF in November of 2010, with the remaining prospects yet to be drilled.

01/2003 to 01/2006

ORION OIL & GAS, LLC

Houston, TX

President, CEO and Principal

Co-founded Orion Oil & Gas, an independent oil and gas acquisition and development company. Profitable in every year of existence, Orion's major accomplishment was the acquisition and turnaround of the Vinton Dome field in southwest Louisiana.

One year after acquisition, increased oil production 4 fold, and developed 7 times the original proven oil reserves. Orion sold the field for $ 28 MM, 3 times the original capital investment, providing a 237 % Rate of Return for equity investors.

01/1998 to 01/2003

UNION OIL OF CALIFORNIA (UNOCAL)

Houston, TX

Asset Manager - Gulf of Mexico

Hired from Amoco to turn around the poorly performing oil and gas assets in the Central Gulf of Mexico shelf. Responsible for the full P & L management of the $ 200 MM a year business. This included: strategic planning, financial forecasting, asset M&A, partnership development and stewardship, new oil and gas field development, production optimization, governmental and regulatory coordination and compliance, health, environment and safety, exploration support, and legal issues. Responsible for the oversight, training, and development of a 125 member workforce consisting of management, technical professional, and field operating staff. Operations returned over $ 600 MM in cash flow to Unocal. Trained the staff to recognize the key drivers of the business and brought a new awareness of each individual's direct contribution to the bottom line, via implementation of online P & L Reviewed the existing operation and quickly developed a strategic turnaround plan, with strategies for near, mid, and long term tactics, setting milestones for improvement Finding that overhead costs were too high, and staff quality too low, revamped the technical teams and reduced overhead by 33 %

In the first year, exceeded production goals by 10%, generated $ 93 MM in cash flow, and replaced 100% of the year's production with new oil and gas reserves.

Other successes at Unocal included setting an all time production record in the second oldest field in the Gulf of Mexico.

First year after optimization, the field generated $ 138 MM in cash flow, reaching total payout a month after completion.

The all time production record and the process and people that made it happen, became the cover article for the May 2000 issue of Offshore Engineer magazine.

01/1998 to 12/1998

AMOCO PRODUCTION COMPANY

New Orleans, LA

Asset Manager - Eastern Gulf of Mexico

Full P & L responsibility for all exploitation and production optimization activity in the Eastern Gulf of Mexico Authorization and oversight of $ 35 MM capital budget and $ 4 MM 3D seismic budget Directed a multi-disciplinary team of technical professionals leading business development and P & L activities similar in scope to Unocal

01/1997 to 01/1998

AMOCO PRODUCTION COMPANY

New Orleans, LA

Deep Water Director

Responsible for strategic planning and coordination of Amoco's developments in the deepwater Gulf of Mexico. The deepwater development program was in the beginning stages of Amoco's entry into the newly emerging basin in the Gulf of Mexico at water depths greater than 1000 feet. Develop strategic plans that included competitor analysis, production, timing, funding, and future manpower forecasts.

At this time, the deep waters of the Gulf of Mexico held great promise for significant oil and gas production, but were burdened with large capital expenditure commitments and serious ground breaking technology challenges. Responsibilities included the oversight and coordination of Amoco's $ 8 MM deep water technology development budget and he was the Amoco representative in the multi-company technology consortium, DEEPSTAR. 06/1995 to 01/1997

AMOCO EXPLORATION AND PRODUCTION

Denver, CO

Asset Manager - Western Oklahoma

Responsible for exploitation and production optimization activity in the western half of Oklahoma. Directed a 20 member organization of technical professionals, quickly turned a neglected and under performing operation into a leader in Amoco's domestic portfolio. Applying under-utilized 3D seismic techniques to the Cement field, the team made nine new well discoveries in a year.

Prior results in this prolific, but highly geologically complex field had been disappointing, using 3D seismic technology, the team discovered the largest well in Oklahoma that year, producing 12 MMCFD, and discovering 20 BCF of new reserves.

As internal funding for these prospects lessened, created an external funding plan that doubled Amoco's rate of return, reduced well costs, and freed over $ 4 MM in internal capital. Because, drilling and fracturing were the main drivers of the well costs, negotiated with drilling and service contractors to actually take a direct interest in the development of the wells. This resulted in Amoco only paying 20% of the well costs and retaining a 50% interest in the completed projects. Revamped 40 year old East Velma Middle Block field in the Ardmore Basin of southern Oklahoma. The program resulted in increasing production by 13 MMCFD and 675 BOPD, yielding yearly revenue increases of $ 5 MM, by performing 27 successful well work-overs 01/1991 to 05/1995

AMOCO PRODUCTION COMPANY

New Orleans, LA

Operations Engineering Manager - Gulf of Mexico

Responsible for all new well completions, production optimization, and well work over activity. Direct duties included formulation and oversight of a $ 20 MM yearly budget and the management of a 12 member engineering staff

Highlights of accomplishments include the formulation and negotiation of "pay for performance" partnerships with offshore service contractors.

During a period of reduced internal capital budgets, staff cutbacks, and unmet production goals, formed a partnership with a large well service contractor to evaluate well stimulation candidates and administer approved projects.

This partnership freed internal staff engineering and field supervisory manpower. The successful program increased Amoco's natural gas production by 30 MMCFD within six months and led to other vendor partnerships structured along similar lines. 01/1982 to 01/1990

AMOCO EXPLORATION AND PRODUCTION

New Orleans, LA

Strategic Planning/Reserves Coordinator/Reservoir Engineer Responsible for oversight, approval, and audit defense of all reserve revisions in the New Orleans region Developed, updated, and tracked the strategic development plans for the New Orleans region, including capital tracking and forecasting

2001

THE GENERAL MANAGER'S PROGRAM (EXECUTIVE MBA - FULL ALUMNI STATUS): GENERAL MANAGEMENT

Harvard Business School, Cambridge, MA

BACHELOR OF SCIENCE: ELECTRICAL ENGINEERING 1977

University of Arkansas, Fayetteville, AR

Registered professional engineer in Arkansas and Louisiana. Member of the Harvard Business Club, the Society of Professional Engineers, and has served on the board of the Lafayette Methodist Church

Received Unocal's highest honor, the "Chairman's Award", in 2000. Served as keynote speaker at the American Petroleum Institute on Amoco's Deepwater Strategy, Author of a technical paper for the Society of Petroleum Engineers. (Field Automation in the Tuscaloosa Trend) Hobbies include golf, baseball, basketball, and professional and college sports. 3D, assets, asset management, acquisitions, budgets, business development, cash flow, competitor analysis, communicator, consulting, contract negotiations, decision maker, directing, drilling, economic analysis, EH &S, engineer, engineering manager, field optimization, fund raising, financial, financial forecasting, focus, exploitation, General Manager, Harvard Business School, land & legal, inspirational leader, Director, MBA, economic modeling, market analysis, motivation, natural gas, negotiations, oil, optimization, organizational skills, producing, production development, profit, quality, safety, staff management, strategy, strategic planning, supervisory, team building, vendor negotiations

EDUCATION

INTERESTS

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