PEDRO C. VELASQUEZ NÚÑEZ

***** ** ** ***** # *, Cutler Bay

Miami, Florida, 33190-2035

Cell Phone: +001-786-***-****

Email: acxuqz@r.postjobfree.com

OBJECTIVE

Continue my professional development in a stable multinational company, focused in the area of Project Services Costs & Control, controller or finance. Continue to with my knowledge and experience for developing new projects, ideas and initiatives. Once again assume supervisory team coordination responsibilities.

PROFILE

Senior oil industry professional that is bilingual with overseas work experience in the areas of finance, treasury, budgeting, payroll and project services cost & control. Maintains strong knowledge in project cost control, cost estimate, administration, planning, procurement, contract, coordination and financial controls systems; guided toward the realization and achievements of goals, reduction of costs, and a high grade of responsibility, initiative, analysis and investigation.

VALUE OFFERED

- Financial & Accounting experience in financial reporting (SEC forms 20F, 10K), SOX implementation & compliance.

- Project and cost control operations (Drilling & Facilities Onshore & Offshore) _ World Wide Fiscal Systems & Oil Contract Administration. _ Procurement cycle in SAP & long lead item logistics_ Shipping, Custom and Distribution

- Inventory Control Planning and Management _ Commercial Operations_ Unitization Agreements

- Cost Reduction Programs _ Project Development and Implementation of SAP

- Cost controlling _ Project schedule and Capital expenditures controller (Forecast & Budget preparation).

- Technology: SAP 6.40,Microsoft Windows, Internet, Intranet, design & implement Beyond Budgeting in SH.

- OGSystem in SQL accounting, wellview, doc vue, CAPPS, open well.

SUMMARY OF QUALIFICATIONS

- Sixteen years of experience in Project Control Service, Cost Controller and Contract Administration in oil industry offshore projects for exploration & infrastructure phases.

- Fourteen years of experience in Project Accounting Activities, Cost Control, Forecast, Planning and Budget handling.

- Good Knowledge of cost trending, tracking and reporting.

- Good knowledge on Crystal Ball Software, Primavera P3, PIMS & SAP modulo PS, MM, FI & CO.

- Contributes to Project Execution Plan development;

- Develops project control/services execution strategies;

- Prepares procedures for various project control activities including budget preparation, forecasts and related cost engineering and planning/scheduling functions;

- Facilitates risk mitigation and contingency planning process;

- Supervises estimating, cost control, planning/scheduling, risk management, and related project service activities;

- Monitors miscellaneous estimate development including estimates addressing alternative options, products, locations, etc.

- Interfaces and coordinates with the Planning and Scheduling Specialist to ensure that data is incorporated into the integrated project schedule;

- Manages cost engineering activities including development and implementation of cost control systems, invoice processing activities, monthly cost reporting, trending, FAC Analysis, cost variance analysis, funding budgets and cash flows;

- Manages cost estimating/forecasting activities including periodic project re-estimates and cost benchmark metrics;

- Manages planning & scheduling activities including development of summary and detailed project schedules, progress and performance monitoring, schedule deviations and workaround solutions; plans and manages the execution of internal audits of critical commercial internal control systems;

- Act as project controls liaison on audits carried out by Joint Venture partners, in country regulatory authorities and Company internal auditing.

- Understanding the requirements of the CoP Project Development Managements Guidelines (PD&MG) and Project Authorization - Guide regarding to cost tracking, monitoring and reporting; trending forecast; contingency management and other related to this area.

- Proficiency in Windows, Microsoft Office (Word, Excel, Power Point).

- A positive “can-do” attitude.

- A self motivated, analytical and team oriented professional.

- Establish and maintain relationships with people of different discipline areas and levels.

- Oriented to achieve goals and objectives.

- Promotes an environment that supports effective collaboration.

- Follows through on promises and commitments.

- Experience in drilling Rigs transferences among several operators in offshore operations.

- Rig Mobilization Cost Control with respect to several operators.

- Cost control for wells using a Rig alternated with another operator.

- Well Cost control by using two simultaneous Rigs by the same operator.

- Cost control for wells drilled in sequence with the same Rig.

- Cost control for wells using two simultaneous drills by the same operator.

- Charter time, fuel and lube reconciliation by using Mater table control with records on quantities on board and consumables consumption.

- Handling with “Statements of facts” or inventory of consumables on board between Rig operators. Financial and Cost reconciliation, quantities and prices of Diesel Fuel, Water, Cement products and Drilling Fluids. Prepare and review inter-operator invoices.

- Reconciliation of Drilling Fluids Costs based on consignment basis (Inventories, deliveries and returns). Include reconciliation of the mud costs reports versus invoices. The reconciliation includes analysis of the delivery, return and internal transferences tickets between Wells, also takes in consideration the transferences of the products between Rigs.

- Cost control for DST related activities. Specific materials and activities used for production tests.

- Familiarization with all accounting coding associated to the drilling activities. Handling with IDC and Well Equipment codes.

- Familiarization with respect to Shore base sharing services between two operators.

- Participation in developing financial and cost control contractual agreement clauses.

- Participation in the planning of drilling campaigns, presentation in Pre-Spud meetings regarding financial and cost control matters.

- Capable to assess the quality of the cost control processes available in a Company, knowledge to develop a risk and cost control matrix, identify gaps and implement preventive and detective controls trough a remediation plan to allow to improve the internal control system. Experience in applying the technique COSO – SOX 404 related to this item.

PROFESSIONAL EXPERIENCE:

CAELUS ENERGY ALASKA, LLC (From 03-2015 to 10-2016)

I have been working as Drilling Cost Control Accountant between Ooogoruk Project and Tulimaniq Project doing the activities following:

Operation based on carry on equipment’s, tools and drilling materials, operation facility by helicopter, vessel and land transportation from Alaska to island well site (Smith Bay).

Monitoring scheduled progress & actual expenditures for approved (AFE’s), handle cost estimate, identify trends and define contingency for project master schedule updating. Manages cost engineering activities including development and implementation of cost control systems, invoice processing activities, monthly cost reporting, trending, cost variance analysis, funding budgets and cash flows; Liaise with all Business Managers to align and establish the management control system for projects and activities.

Monitoring of PO’s and contracts against actual expenditure, preparing the changes work order according to drilling project needs.

Establish and maintain procedures for Cost Control, Cost Reporting and Budgeting for departmental projects.

Establish work breakdown structure (WBS), including AFE and cost center numbers, to control and report costs at agreed levels for departmental contracts.

Provide support to Team Leaders and their reports to establish and maintain up to date Authorization for Expenditure (AFE) documents.

Provide support to Team Leaders and their reports to establish financial S-curves for all ongoing Projects, in line with the agreed WBS.

Monitor expenditure versus Value of Work Done (VOWD) for all ongoing contracts and projects, and produce cost forecasts to provide timely notification of potential over/under runs.

Provide support to Team Leaders and their reports to revise and re-submit AFE’s to cover project cost over/under runs.

Provide support to Team Leaders and their reports to prepare variation proposals to TB to cover contract cost over/under runs.

Produce Monthly cost reports giving planned, actual and forecast costs, for all ongoing projects and contracts, in line with the agreed WBS.

Produce other ad-hoc reports and presentations on cost data that may be required by the department.

Prepare and monitor accruals and ensure that they are correctly controlled against budgets and AFE’s.

Check and log contractor and vendor invoices and ensure that these are properly cost coded prior to approval by the responsible party.

Develop and maintain a system for storage and retrieval of departmental budget and cost documents.

Responsible for ensuring the ledger reflects the current status of well costs incurred, through the accurate and timely booking of accruals.

Provide monthly reconciliation of the tangibles or inventory issued to each well.

Develop strong working relationship with all members of the drilling team, procurement and contract representing financial matters in this sphere of activity.

KOSMOS ENERGY DEEPWATER MOROCCO HC (From 10-2013 to 01-2015)

I have been working as Cost control between Morocco-Agadir office and Dallas office doing the activities below.

KOSMOS ENERGY HC - CAMEROON – AFRICA (From 10-2012 to 09-2013)

Cost & Control & Contract Administrator: Onshore operation base on Douala, shorebase in Ideanu and well site in Boa.

Operation based on carry on equipment’s, tools and drilling materials by helicopter transportation from shorebase to well site.

Monitoring scheduled progress & actual expenditures for approved (AFE’s), handle cost estimate, identify trends and define contingency for project master schedule updating. Manages cost engineering activities including development and implementation of cost control systems, invoice processing activities, monthly cost reporting, trending, cost variance analysis, funding budgets and cash flows; Liaise with all Business Managers to align and establish the management control system for projects and activities.

Monitoring of PO’s and contracts against actual expenditure, preparing the changes work order according to drilling project needs.

Establish and maintain procedures for Cost Control, Cost Reporting and Budgeting for departmental projects.

Establish work breakdown structure (WBS), including AFE and cost center numbers, to control and report costs at agreed levels for departmental contracts.

Provide support to Team Leaders and their reports to establish and maintain up to date Authorization for Expenditure (AFE) documents.

Provide support to Team Leaders and their reports to establish financial S-curves for all ongoing Projects, in line with the agreed WBS.

Monitor expenditure versus Value of Work Done (VOWD) for all ongoing contracts and projects, and produce cost forecasts to provide timely notification of potential over/under runs.

Provide support to Team Leaders and their reports to revise and re-submit AFE’s to cover project cost over/under runs.

Provide support to Team Leaders and their reports to prepare variation proposals to TB to cover contract cost over/under runs.

Produce Monthly cost reports giving planned, actual and forecast costs, for all ongoing projects and contracts, in line with the agreed WBS.

Produce other ad-hoc reports and presentations on cost data that may be required by the department.

Prepare and monitor accruals and ensure that they are correctly controlled against budgets and AFE’s.

Check and log contractor and vendor invoices and ensure that these are properly cost coded prior to approval by the responsible party.

Develop and maintain a system for storage and retrieval of departmental budget and cost documents.

Responsible for ensuring the ledger reflects the current status of well costs incurred, through the accurate and timely booking of accruals. Coordinate with operations accounting team to document the assumptions behind any such accruals.

Liaison with operations accounting and payables colleagues in company locations, to ensure ledger and billings accurately reflect Drilling program

Monthly well reconciliations between ledger book and drilling report.

Develop strong working relationship with all members of the drilling team, representing financial matters in this sphere of activity.

KOSMOS ENERGY LLC- GHANA – AFRICA (From 01-2008 to 09-2012)

Cost & Control & Contract Administrator: Offshore operation base on Accra, shorebase in Takoradi and well site offshore location.

Follow up the contract execution and identify approval requirement in order to fulfill contract requirements including understanding of technical conditions, site conditions, resources, country regulations, oil contract governance model, market conditions, partner approval requirements, legal claims, risks management & personnel compensation to contribute to develop appropriate systems & procedures to serve the project team. Coordinate & prepare monthly project follow reports and serve as interface between logistic, drilling, finance, & infrastructure during budget preparation activities. Monitoring scheduled progress & actual expenditures for approved (AFE’s), handle cost estimate, identify trends and define contingency for project master schedule updating. Manages cost engineering activities including development and implementation of cost control systems, invoice processing activities, monthly cost reporting, trending, cost variance analysis, funding budgets and cash flows; Liaise with all Business Managers to align and establish the management control system for projects and activities.

Monitoring of POs and contracts against actual expenditure, and prompting timely revision of limits as required.

Establish and maintain procedures for Cost Control, Cost Reporting and Budgeting for departmental projects.

Establish work breakdown structure (WBS), including AFE and cost centre numbers, to control and report costs at agreed levels for departmental contracts.

Provide support to Team Leaders and their reports to establish and maintain up to date Authorization for Expenditure (AFE) documents.

Provide support to Team Leaders and their reports to establish financial S-curves for all ongoing Projects, in line with the agreed WBS.

Monitor expenditure versus Value of Work Done (VOWD) for all ongoing contracts and projects, and produce cost forecasts to provide timely notification of potential over/under runs.

Provide support to Team Leaders and their reports to revise and re-submit AFE’s to cover project cost over/under runs.

Provide support to Team Leaders and their reports to prepare variation proposals to TB to cover contract cost over/under runs.

Produce Monthly cost reports giving planned, actual and forecast costs, for all ongoing projects and contracts, in line with the agreed WBS.

Produce other ad-hoc reports and presentations on cost data that may be required by the department.

Prepare and monitor accruals and ensure that they are correctly controlled against budgets and AFE’s.

Check and log contractor and vendor invoices and ensure that these are properly cost coded prior to approval by the responsible party.

Develop and maintain a system for storage and retrieval of departmental budget and cost documents.

Responsible for ensuring the ledger reflects the current status of well costs incurred, through the accurate and timely booking of accruals. Coordinate with operations accounting team to document the assumptions behind any such accruals.

Liaison with operations accounting and payables colleagues in company locations, to ensure ledger and billings accurately reflect Drilling program

Timely completion of well reconciliations between ledger and drilling reports.

Develop strong working relationship with all members of the drilling team, representing financial matters in this sphere of activity.

CONOCOPHILLIPS VENEZUELA, C.A. (From 01-2001 to 09-2007)

Project Cost & Control Supervisor: (From 12-2005 to 08-2007) Accountable for supervision of the cost control & planning function within the infrastructure function, monitors actual versus scheduled progress & actual expenditure versus budgets & approved for expenditures (AFE’s), cost estimate, trend and contingency, responsible for processing & summarizing measurable data & communicating appropriate information to all key parties in a timely manner, finalization of the project master schedule & contribution to the schedule & progress sections of all major contracts, prepares & distributes monthly reports. Coordinated the interface monthly meeting with other department as logistic, development drilling, finance & production.

Review the overall contract strategy, these include; technical conditions, site conditions, resources & skills required, host country regulations, governance model, market conditions, partner alignment, internal resource demands, risks structures and organizational & compensation alternative, to contribute to the development, implementation & maintenance of appropriate methods, systems & procedures by all groups within the project services group, in order that such groups shall properly fulfill their internal control responsibilities.

Supervisor, Commercial and Project Control: from 06-2004 to 11-2005) Office Location: Houston. The Supervisor, Commercial and Project Control (SCPC) main responsibilities are to ensure that the CPF Team adheres to the CVCA Contracting and Procurement Policy and Procedures. The SCPC administers the cost and planning function of the project and to monitor actual versus scheduled progress and actual expenditures versus budgets and Approved for Expenditure (AFE’ s) and is responsible for processing, summarizing, and communicating appropriate information to all key parties in a timely manner.

Assist the CPF Manager in Providing Project Control leadership, guidance and direction to the CPF Team, in communicating project control objectives from the business units to the CPF Team; in the development of the project organization and approve selection of key resources; in the Implementation, review applicable Project Control project policies, procedures, budgets, cost trends and schedules; in coordinating and interface with the Installation Manager to ensure a seamless transfer of Care, Custody and Control of the major CPF Facility Components from the Fabrication Team to the Transportation and Installation Team and then to the Hookup and Commissioning Team;

Assist the CPF Manager in providing for interface coordination between the CPF Team, Project Management Team (PMT) and internal and external organizations including:

Engineering

Well Head Platform (WHP) PMT

Pipeline PMT

Floating Storage Operation (FSO) PMT

Operations

Drilling & Completions

Corporate Account

Monitor the Contractors’ performance of its contractual obligations. Identify any failures/non-conformance by Contractors in their administration of subcontracts and report such failures/non-conformances to the CPF Manager. Propose means to rectify and monitor Contractors as necessary in implementing any agreed remedy;

Responsible for checking and timely payment of invoices;

Ensure that all contractual matters are properly documented;

Ensure that changes to scopes of work are being compensated as defined in the Contracts;

Support the team members with all facilities like housing, transportation and ensure adequate office facilities and supplies in order to have an effective organization.

Develop & Maintain an On Site Manual;

Cost Control Coordinator. - (from 01-2001 to 06-2004) Control GOPW costs through the preparation of the annual and forecast budget, and the comparison of actual expenditure versus the approved budget and underlying contracts. .

Establishes relations with the providers in the invoice clarification and fiscal procedures. Also, the incumbent establishes relations with the CVP and provides them with sufficient information via monthly reporting summarizing expenditures to date.

Prepare and send the monthly information of the budget spending vs. real costs, Cash Call, URS and Joint Venture reports to the partners and management. Elaborate monthly accruals and oversee inventory control.

Work closely with the planning department to provide input into the master schedule. Oversee the fiscal exoneration procedures.

PENNZOIL VENEZUELA CORPORATION, C.A. (from 01-99 to 07-00)

Financial and accountant Supervisor. - Supervisor of all financials operations (the departments of receivables, payables, treasury, taxation, and budget). Preparation of all monthly reporting to Houston for all of Pennzoil’s operations in Venezuela. This also includes joint venture and partners reporting.

Analyze all information provided to PDVSA by the SUPI Systems. Pennzoil was an operator with contracts related to the second and third “Apertura” rounds.

SCHLUMBERGER SURENCO DE VENEZUELA S.A. (Wireline & Testing) (from 08-96 to 09-98)

Administrator of the East and Barinas District.- In charge of all the administrative and accountants operations of the district as well as the supervision of the departments of receivable, payable, treasury, taxation and payroll.

Preparation of the monthly financial statements reports, cash flow, DSO, provision, taxes and budget to the headquarter.

Analysis of assets account and liabilities of the district.

PETRÓLEOS DE VENEZUELA, S.A. (PDVSA). (From 10-82 to 06-92)

Supervisor of house of compensation. - Supervision of the registration, the coding and the verification of financial transactions made between headquarters and branches with the goal of providing adequate information for the realization of the financial statements. Planning and execution of accounts analysis. Supervision of data transcription process to financial system. Supervising monthly program closing and established annual time table.

Improvement of the G.L Financier, Millennium 3.0 and other financial systems. Participated in the design, conversion of accounts, and analysis of accounts until setting in progress the system.

Composition of the new chart of accounts according to Generally Accepted Accounting Procedures and norms of the Company.

Improvement of the payroll, budget, payables and receivables systems.

ACADEMIC PERFORMANCE

Specialization in Finances, University Central of Venezuela, Caracas-Venezuela. (Four Semester).

Certified Public Accountant (CPA), University Santa María 1985-90, Caracas-Venezuela.

TSU - Higher Technical in Business Management, mention: Organization and Methods, Institute Universitario de Mercadotecnia (ISUM) 1981-84, Caracas-Venezuela.

TRAINING and COURSES

Visean-weatherford (January 2012)

Wellhub Drilling Report (March 2009)

OpenWell System (June 2010)

OGSystems SQL – Accounting System (February 2008)

PDMG Standards & Procedures (During 2006)

Project Controls & Change Management (February 2006)

AFD/AFE/JPD Excellence Training (March 2006)

Project Management to the Administrative Professional (July 2005)

Project Risk Management (October 2005)

Project Management Fundamentals (October 2005)

Implementation of SAP systems whole module, specialist in SAP PS, FI (January-March 2004)

Decision & Risk Analysis (May 2005)

Modeling Excellence class – ConocoPhillips (June 2003)

Strategic management costs - IESA (June 2003)

Introduction to Oil & Gas Industry Program - MDT International (May 2003)

Business Writing & Grammar Skills for Professionals- Made Easy and Fun (October 2002)

Budget preparation - IESA (October 2002)

Principle Centered Leadership (March 2002)

Venezuela Income Tax updates and VAT (April 2002)

Decision & Risk Analysis (May 2005)

Maximo Systems (March 2001)

FASB-52 Update (November 2000)

DPC-10 Update (Julio 2000)

Personal Information:

1-Current location

I am in USA-Miami right now.

2- Status required

Single Status

3-References (Name, Position, Email, Name of the Project)

Jenny Paz – Cost Estimator – acxuqz@r.postjobfree.com - Corocoro Project

Daniel Verdala – Project Coordinator – acxuqz@r.postjobfree.com - Corocoro Project

Tom Harrison – Drilling Manager – Noble Energy - acxuqz@r.postjobfree.com

4-Level of your foreign languages ability

Spanish Native Language

English Fluently or Second language

French Intermediate level

5-Birth of Date: May 19th, 1961

6-Nationality: Venezuelan

7-Two (2) Children

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