International Accounting Development: Oil and Gas Faculty
Ronald J. Blair
Mr. Blair is a Senior Lecturer in the graduate Federal tax program and former Director of Budget and Financial Affairs for the School of Management at The University of Texas at Dallas. He is a CPA and offers consulting services in Federal tax dispute resolution and mediation, and has been engaged as an expert witness and as mediator in litigation cases. He is a member of the Tax Section of the American Institute of Certified Public Accountants, where he formerly was a member of the Tax Practice and Procedures Committee. He is a member of the Texas Society of CPA’s. Mr. Blair holds a BSBA in Accounting from the University of Arkansas and an MBA from Oklahoma University. He has authored numerous articles published in the Tax Adviser and Journal of Accountancy magazines.
Dale P. Brimer
Mr. Brimer has more than 28 years of experience in the information technology consulting industry, as well as a deep business foundation, to meet the demands of an ever changing world marketplace. Currently, he is the Sr. Program Director in Verizon’s Global Business Services division. Previously, as the General Manager and Director of Operations for the USA Southwest Division of Systèmes d’Entreprise Logique, Mr. Brimer grew business operations from less than $50 million in revenue to more than $720 million; in addition, he implemented efficiency programs that raised profit margins from less than 12% to more than 37%. The key factor contributing to success was Mr. Brimer’s anticipation of the market’s increased perceived value of information security. He implemented training and certification programs, so his division was ready when the market was demanding of such services: FIPS 199-201 (government), HIPAA (healthcare), Sarbanes-Oxley Act (public corporations), and IP/IPSec (mobility, cloud, internetworking and communications). The southwest division encompassed southwestern USA, Mexico, Central America and Colombia. Mr. Brimer holds eight (8) Masters degrees from the University of Texas and two (2) Bachelor degrees from Texas A&M University.
Mr. Castañeda is a manager in the Audit and Enterprise Risk Services practice of Deloitte & Touche LLP. He has extensive experience serving audit clients primarily in the energy and real estate industries. Within the energy industry, Mr. Castañeda has primarily focused on midstream oil and natural gas companies. Within the real estate industry, Mr. Castañeda has primarily focused on hospitality/hotel companies. He is a member of the American Institute of Certified Public Accountants and is licensed to practice in the state of Texas. He is a graduate from Baylor University and is fluent in Spanish.
Mr. Clary has more than eight years of public accounting experience serving clients in variety of industries, including oilfield services, oil & gas and chemical. He has extensive experience in the planning and execution of multinational, integrated audits and other SEC reporting matters, including international and domestic acquisitions and equity and debt offerings. Luke is an active committee member of the Young Leadership Council of New Orleans. His clients have included Albemarle Corporation; EPL Oil & Gas, Inc.; Petrobras America, Inc.; Trico Marine Services, Inc.; Deltech Holdings, Inc. and L&L Oil & Gas (subsidiary of Aspire Oil Services, Ltd.). He obtained his Bachelor of Science in Business Administration with an emphasis in Accounting and Finance from Southern Arkansas University.
Theodore E. Day
Dr. Day is Professor of Finance at the University of Texas at Dallas, where he teaches courses in corporate finance and portfolio management. Prior to joining the UTD faculty in 1990, he held faculty positions at Vanderbilt University and at the University of North Carolina. A Certified Public Accountant, Professor Day earned his M.B.A. from the University of Oklahoma and a Ph.D. in Finance from Stanford University’s Graduate School of Business. Professor Day’s research examining the impact of inflation on stock market returns, the term structure of interest rates, analysts’ earnings forecasts and the volatility of derivative asset markets has been published in academic journals such as the Journal of Financial Economics and the Journal of Finance. In addition, he is a co-author of Taxes, Financial Policy, and Small Business, a monograph funded by a grant from the Small Business Administration.
*Andrew B. Derman
Mr. Derman is a Partner and head of International Energy Practice Group for Thompson & Knight LLP and Chairman of Thompson & Knight Global Energy Services. He represents public and private companies and host governments in their strategic design, commercial execution, negotiations, contract preparation, and legal interpretation. Recent experience includes: acquisition and divestment efforts in North America, South America, Europe, Africa, Asia, and Australia; international financing matters; commercialization of natural gas, including LNG and GTL; the full-range of host government contracts and industry contracts, including production sharing contacts, service contracts, operating agreements; offshore platform and construction and installation tenders; lifting agreements; the start-up and winding-up of overseas operations; deep water operations; Foreign Corrupt Practice Act and similar OECD advice; sanction advice; in-house and industry oil and gas seminars; unitizations; transnational pipelines; litigation and arbitration; acting as an advocate, expert witness and as an arbitrator. Mr. Derman was with Oryx Energy Company and Sun Company, Inc. (predecessor of Oryx Energy Co.) for 20 years; he designed and implemented worldwide business/commercial strategies, including acquisitions, divestments, trades, alliances and host government negotiation. In addition, he managed the international exploration program, the technology group, the reservoir administration function, procurement and material management, corporate environmental oversight and the exploration and production planning function. Education: Insead Advanced Management Program, Fontainebleau, France (1991); Temple University Law School, J.D. (1978); Law Review (1976-78); National Moot Court Advocate (1977); New York University, B.A. (1974); Justinian Honor Society; graduated at age 20. Admitted to and a member of the State Bar of Texas, Pennsylvania and New York. Board certified by the Texas Board of Legal Specialization in the field of Oil, Gas and Mineral Law. He has an AV Rating by Martindale-Hubbell. He is a frequent speaker at conferences and universities worldwide and has published five books and more than 50 articles.
*Peter D. Gaffney
Mr. Gaffney, a chartered engineer and geologist, is a graduate of the Royal School of Mines, Imperial College, University of London. Previously with Gaffney, Cline and Associates, an international petroleum management and technical advisory firm, of which he was a founding partner he is now an independent adviser to the industry. He has worked in most of the world’s petroleum provinces and focuses on strategic management issues and the integration of surface and subsurface operations. A former president (1996) of the Society of Petroleum Engineers, he is also a fellow of the Geological Society, the Institute of Energy, the Institute of Gas Engineers and the Institute of Data Processing and a member of the American Association of Petroleum Geologists.
Mr. Green is a Partner with Ernst & Young, LLP and is responsible for International Accounting and Auditing Issues in the Dallas, TX office.
*Charles F. Hazzard
Mr. Hazzard retired from his position as executive vice president–administration for Occidental Chemical Corporation (OxyChem) in July 2000. He was responsible for human resources, public and government relations, and key productivity improvement initiatives for Occidental Petroleum’s chemical operations. Mr. Hazzard joined OxyChem in 1983 as senior vice president-administration along with Dr. Ray R. Irani (Oxy Chairman and CEO for 21 years until 2011), having left Olin Corporation, to help turn OxyChem profitability around. At Olin for ten years, Mr. Hazzard was vice president-human resources and administrative services and held a number of managerial positions with Olin, Citicorp and Ford in compensation, benefits and employee relations. He holds a B.A. degree from the University of Notre Dame and an MBA from the Wharton School of Business at the University of Pennsylvania. Mr. Hazzard is currently a Clinical Professor and Executive in Residence at The University of Texas at Dallas School of Management. He holds the 2010-2011 President’s Outstanding Teaching Award for UT Dallas.
Ms. Inozemtseva has over eight years of experience in professional services. Her experience includes planning/scoping, performing, and managing work in the area of internal controls in financial audit, Sarbanes-Oxley compliance and Service Organization Controls (former SAS 70) engagements across multiple industries. Other experience includes performing application and general computer controls audits in the areas of general ledger, accounts payable, purchasing and account receivable, HR, payroll, fixed assets, account analysis/customer information, patient accounting, wire transfer, financial forecasting, and automated clearing house systems. Ms. Inozemtseva’s work experience outside Deloitte includes working as an IT Auditor in the Internal Audit department of Frost National Bank. Ms. Inozemtseva has an MBA from University of Texas at San Antonio and MA in Education from Rivne State Teachers’ Training University (Ukraine). She is a Certified Information Systems Auditor (CISA) and a member of the Institute of Internal Auditors (IIA) and ISACA.
James P. Langley
Mr. Langley is President of Langley Associates LLC, an independent consulting firm focused on the business of refining. He has 35 years experience in the petroleum industry, focused on the business and competitor analysis issues of refining, crude and product supply and transportation, marketing, and petrochemicals. He holds a degree in Chemical Engineering from the University of Arkansas, and a Masters of Business Administration in Marketing and Finance from the University of Houston. Mr. Langley has held operating and corporate staff positions with Gulf, Chevron and British Petroleum, and was Director of Energy Consulting and energy industry subject matter expert for PricewaterhouseCoopers. Prior to forming Langley Associates, he was a vice president with the engineering firm of Stone & Webster.
Mr. Libertus is a Tax Partner with KPMG. He concentrates primarily in energy and oil field service company taxation, including consulting with clients regarding corporate and partnership tax issues in the areas of federal, state and international tax consultation and compliance. During his many years with KPMG, he has worked with auditors on ASC 740 and IAS 12 for major international companies and gained a deep knowledge of multiple sectors of the energy industry, from working with clients involved in oil and gas production, refining, natural gas processing, chemicals, and transmission. In addition, he has experience with foreign registrants adoption of SEC regulations, US GAAP, and Sarbanes-Oxley Section 404. Chad spent a one-year assignment in Paris providing tax services to several of KPMG’s multinational clients. He has an MPA in Accounting from The University of Texas at Austin and a BBA from the University of Kansas. Mr. Libertus is a member of the AICPA and the Texas Society of Certified Public Accountants.
Mr. Liner is a Senior Manager with PricewaterhouseCoopers LLP in Dallas, Texas. Mr. Liner received a Bachelor of Business Administration in Accounting and a Master of Science in Finance from Texas A&M University. He has experience with audits of large multinational companies with an emphasis on the oil and gas industry. He currently serves as the lead Senior Manager responsible for the audit of Exxon Mobil Corporation. Mr. Liner completed a tour of duty in Budapest, Hungary between 2008 and 2010 where he worked with subsidiaries of U.S. public companies and shared service centers. Mr. Liner is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Mr. Ly is a Senior Associate with PricewaterhouseCoopers LLP in Houston, Texas. Mr. Ly received a Bachelor of Business Administration in Accounting and a Master in Professional Accounting at the University of Texas at Austin. He has experience with audits of large multinational oil and gas companies with an emphasis on the upstream sector and is currently on the audit of Royal Dutch Shell plc. Mr. Ly is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Mr. McNamara is an assurance partner with PricewtaerhouseCoopers LLP in Dallas, Texas with over 24 years of experience serving multinational public companies. He has extensive experience with mergers and acquisitions, public offerings and reporting on internal controls. He previously worked in the Houston and San Francisco offices where he served a wide range of multinational oil and gas companies, including Chevron, XTO Energy, Marathon, Shell, PetroChina, Santa Fe Energy, and Union Texas Petroleum. Mr. McNamara is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants
Mr. McPhail is an International Tax Partner with KPMG. Brad’s professional career has focused on advising large multinational enterprises on their U.S. domestic, U.S. international and cross-border tax issues with respect to specific transactions or strategies. Additionally, His experience includes the design and implementation of cross-border financing and repatriation planning projects. Mr. McPhail has spent considerable time overseas and served in the firm’s Paris office where he advised on US tax matters. He is frequently a speaker at international tax conferences and programs. Additionally, he has served as an adjunct professor at the SMU School of Law.
Mr. Melsheimer is a Partner in Thompson & Knight’s International Energy Practice Group, Andrew focuses on oil and gas-related matters, including cross-border transactions, investment projects, and strategic commercial and business advice. His experience includes acquisitions, divestments, trades, and mergers; exploration, development, and production matters; and anti-corruption (FCPA) and economic trade sanctions. Andrew also assists clients in their dispute resolution matters and negotiations, which have been before federal and state courts in Louisiana, Texas, and New York as well as domestic and international arbitration panels. He is a Council Member of the International Law Section of the Texas State Bar, an Advisory Board Member for the Institute of Transnational Arbitration and the Institute for International and Comparative Law at CAIL, a member of the Association of International Petroleum Negotiators’ Farmout Agreement Revision Drafting Committee, and Board Member of the North Dallas Chamber of Commerce. His accolades include being named to Texas Rising Stars® for International Law.
Mr. Miller is a Senior Manager with PricewaterhouseCoopers LLP in Houston, Texas. Mr. Miller received a Bachelor of Business Administration in Finance from Texas A&M University and a Master of Science in Finance from the University of Houston. He has experience with audits of large multinational companies with an emphasis on the oil and gas industry. Mr. Miller is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
*Mark E. Nicholls
Mr. Nicholls has extensive oil and gas experience. His most recent assignment has been as chief executive officer of Asia Pacific Exploration Consolidated, a start-up oil and gas firm based in Jakarta, Indonesia. Mr. Nicholls spent twenty-seven years with Atlantic Richfield Company (ARCO). During his tenure with ARCO, he held a wide variety of senior finance, planning and control positions including Chief Financial Officer for a number of ARCO business units. His career included assignments in several ARCO locations around the world including Los Angeles, Philadelphia, Dallas, London and Jakarta. Mr. Nicholls has been involved with the development and presentation of programs on western financial practices worldwide and has been a key contributor to the UTD Advanced Program in Oil and Gas Financial Management for many years. He holds a bachelor’s degree in Accounting from the University of Arkansas and an MBA from the University of Southern California.
*Dan A. Odom
Mr. Odom is an Audit Partner in the Dallas, TX office of Deloitte & Touche LLP. He serves as Engagement Partner on exploration and production, gas transmission and gas distribution companies and has extensive experience in Securities and Exchange Commission related issues. Mr. Odom is a member of the American Institute of Public Accountants, The Texas Society of Certified Public Accountants, and Council of Petroleum Accountants Societies, Dallas.
Mr. Parette is a Partner with more than 22 years of experience at Deloitte & Touche. Mr. Parette has served clients in a variety of industries including petroleum refining & marketing, oil and gas exploration and production, oil and gas transportation, energy service, power generation, hospitality, publishing, internet service providers, telematics, professional services, transportation, and manufacturing. Mr. Parette is a member of the American Institute of Certified Public Accountants, The Texas Society of Certified Public Accountants and as a Certified Public Accountant, he is licensed to practice in Arkansas, Oklahoma, Louisiana and Texas.
Mrs. Potter is a Senior Manager with PricewaterhouseCoopers LLP in Houston, Texas. Mrs. Potter received a Bachelor of Business Administration in Accounting and a Master’s of Accountancy from Texas State University. She has experience with audits of large multinational companies with an emphasis on the oil and gas industry as well as experience in manufacturing, chemicals, and utilities industries. Mrs. Potter is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Mr. Roark is a Manager with PricewaterhouseCoopers LLP in Dallas, Texas. Mr. Roark received a Bachelor of Business Administration in Accounting and a Master of Science in Finance from Texas A&M University. He has experience with audits of large multinational companies with an emphasis on the oil and gas industry. He currently serves public and private clients in the midstream and upstream sectors of the petroleum industry. Mr. Roark is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Mr. Shah is a manager in the Audit and Enterprise Risk Services practice of Deloitte & Touche LLP. He has extensive experience serving clients primarily in the energy and financial services industries. Within the energy industry, Mr. Shah has primarily focused on public utilities as well as large oil and natural gas companies. Mr. Shah is a member of the Information Systems Audit and Controls Association (ISACA) and the Institute of Internal Auditor (IIA). Mr. Shah is a Certified Information Systems Auditor (CISA) and Certified Internal Auditor (CIA).
Mr. Springfield is a Senior Manager with Ernst & Young LLP and is a member of the firm’s Southwest sub-area IFRS training team. In addition, he serves a variety of different audit clients including Texas Instruments. He previously worked in the firm’s London, England office and was assigned to UK-based US SEC registrants.