KAREN VENTRCA_______________________________________________________________________
**** **** * Carrollton, TX 75006 * 972-***-**** * 214-***-****
SUMMARY: Experienced Accountant with over 25 years of experience in cash management,
accounts payable/receivable, revenue distribution, pipeline allocations, gas marketing,
hedges, and analysis in the oil & gas industry.
PROFESSIONAL EXPERIENCE:
PROVIDENT ROYALTIES, LLC 10/08-Present
Revenue Accountant
-Enter all revenue in Integra Accounting Software for distribution
-Set up Revenue Decks
-Monthly Revenue Accruals
-Various reconciliation projects in revenue
COMMERCE ENERGY GROUP 08/06-06/08
Financial Analyst Laid off - RIF
-Daily Settlements of Trade Blotters for Gas Daily Trades reconciling to
Commodity CXL (Triple Point Software)
-Monthly spreadsheets to record transactions for COGS & Accruals
-Monthly journal entries into MAS 500
-Settlement and coding of Transportation & Delivery statements to Pipes
-Settlement of Gas Hedges
-Invoicing for Pipeline Imbalances
-Assist Auditors & SOX Documentation
CIMAREX ENERGY CO.
formerly)MAGNUM HUNTER RESOURCES, INC. 04/96-12/05
GRUY PETROLEUM MANAGEMENT CO. Laid off
HUNTER GAS GATHERING, INC.
PRIZE ENERGY RESOURCES, L.P.
Manager of Gas Administration
-Allocation of monthly gas volumes for owned & operated pipeline
system in Texas and Oklahoma in Excalibur Gas Accounting software
-Prepare Gas Purchase statements
-Invoice shippers for transportation
-Pipeline reporting to Railroad Commission of Texas
-Nominations & Availabilities
-Analyze & record gas marketing activities
-Weekly Gas Pricing Summary
-Tract imbalances in pipeline systems
- Gas Contract Administration
- Gas & Oil Hedges Settlements
CWF ENERGY, INC./SUPERIOR PIPELINE CORPORATION 12/92-3/96
Staff Accountant (Assets sold to Magnum Hunter)
-Corporate Secretary for Superior Pipeline on Vancouver Stock Exchange
-Code and input all field invoices, journal entries, cash receipts &
accounts payable vouchers into OGSYS software
-Monthly revenue distributions
-Allocation of monthly gas volumes for 4 company owned & operated
pipeline systems
-Invoice shippers for transportation
-Analyze & record gas marketing activities
-Annual Report and 10-Q’s
-Assist auditors in providing requested documentation & schedules
ALLIANCE EMPLOYEE LEASING CORPORATION 10/86-12/92
(Employee leasing company started by owners of Continental U S Exploration)
Accountant
-Responsible for cash management & status on all affiliates
-Coded all accounts payable/receivable & general ledger in Solomon
-Prepared multi-state reports for unemployment, state withholdings &
worker’s compensation for all clients
-Prepared & submitted all clients federal reports
-Monitored client Cafeteria Plan reimbursements
-Monitored all Garnishment deductions & submitted appropriately
-Calculated & paid Commissions to both In-House & Brokers
CONTINENTAL U S EXPLORATION, INC. 10/82-12/87
Partnership Accountant
-Calculated revenue on well-by-well basis to input into Petro Solutions
-Monthly revenue distributions
-Maintained 76 private partnership books including cash receipts &
disbursements & journal entries for input in DEC Digital Data systems
-Responsible for accounts payable & three well costs accounts
-Prepared worksheets for all partnership tax returns
TOLTEC ROYALTY CORPORATION 02/82-10/82
Corporate Accountant (Sold)
-Responsible for daily cash report
-Coded invoices for payable vouchers & journal entries
-Input accounting vouchers into IBM Data on-line with Hal Systems
-Posted revenue income from wells
MID-AMERICA PETROLEUM, INC. 06/80-02/82
Staff Accountant
-Maintained 12 sets manual partnership books
-Coded all journal entries, cash receipts/disbursements, oil & gas
income, accruals, accounts payable & miscellaneous entries
-Posted detail to wells by partnership
-Responsible for overnight investments & CD’s
-Prepared weekly cash reports
EDUCATION:
Associate’s Degree in General Business
Wesley College, Florence, MS * Graduated with 3.85 GPA
Experience in: Outlook, Excel, Word, CXL Triple Point,
OGSYS, Excalibur, MAS500, Integra, & OGRE
REFERENCES:
Furnished upon request.