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  • Posted: Jun 24, 2015
    Deadline: Not specified
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    Neconde Started Operations Officially in December 2011. The Company currently is in a joint venture with NPDC (Nigerian Petroleum Development Company) on OML 42. This Oil Property was acquired from SPDC(Shell Petroleum Development Company) in November 2011 as a result of the Local Content Act signed into law in April 2010. OML 42 is a 814 square kilomete...
    Read more about this company

     

    Reserves & Business Plan Analyst

    To manage reserves booking and accounting process and coordinate business plan forecasts for operations and financing requirement.

    Main Activities and Responsibilities
    Reserves

    • Liase with Reservoir Engineers and Geoscientists to obtain inputs for reserves changes on a regular basis
    • Coordinate inputs for reserves update due to drilling activities, geological & reservoir studies and performance reviews, or changes in commercial scenarios.
    • Perform annual performance review of all producing wells in the block and provide a revised assessment of a range of developed reserves and undeveloped reserves
    • Maintain a robust database of oil, gas and associated liquids’ contingent resources
    • Manage the company’s reserves database and ensure it is  of integrity and figures are consistent with NNS standards
    • Coordinate and submit annual reserves report to regulatory authorities and joint venture partners
    • Work with external consultants and reserves certification agents to continuously improve the company reserves portfolio and manage data interface between company and external consultants on reserves

    Business Plan and Forecasting

    • Coordinate the company’s business planning and forecasts by managing inputs from key stakeholders – operations, engineering, asset development, HR, Finance, etc.
    • Provide monthly business plan updates and provide performance dashboards of actuals vs. forecast.
    • Generate forecasts for operations, finance and business plans as may be required
    • Maintain a robust forecast and business plan that includes up-to-date inputs such as CAPEX, OPEX and fiscal tariffs.
    • Perform economic analysis of projects and provide economic indicators for management decisions
    • Liase with financing team to provide critical information necessary for financing models
    • Perform Decision Analysis on projects as required and provide results for management consideration

    Key Competencies:
    Competencies:

    • Must have sound petroleum engineering or geosciences background
    • Must have very good experience in petroleum economics
    • Must have a very strong reserves auditing or management experience
    • Very good understanding of upstream financial models
    • Very good background in Decision Analysis techniques
    • Reserves database management

    General Knowledge and Technical Skills:

    • Expert in the use of spreadsheet software, experience in the use of modeling or forecasting software is a plus
    • Very good team player and collaborator
    • Excellent communication and presentation skills

    Required Education and Experience:

    • Minimum 5+ years work experience in similar role.
    • Minimum BSc/B.Eng (Minimum second Class lower) in Engineering or Geosciences
    • MBA and added advantage

    Method of Application

    Interested and suitably qualified candidates should click here to apply online.

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