Obtain employment with an oil and gas company or a wind generation company for the purpose of acquiring leases, right of way, or other related activities.
LOUIS R. HESTER
CAREER SUMMARY
Professional Landman with 8 years of extensive oil and gas experience and expertise in surface and mineral title searches, negotiating oil and gas leases with mineral and property owners, experience resolving complex title problems.
EXPERIENCE
LE Energy 2002 – Present
Houston and Southeast/South Central Texas
Field Landman – Leasing agent
• Provided consulting land services to industry clients including Sanchez Oil, Cobra Exploration, and Genesis Production Company located throughout southeast and south central Texas
• Leasing of drill site at cost savings to client
• Negotiated damage settlements that resulted in minimal losses for Cobra Exploration with property owners and mineral owners
• Researched complex mineral title at county courthouses and at title plants to determine mineral ownership for leasing for Cobra Exploration and Sanchez Oil within time and budget constraints
• Organized and constructed mineral ownership flowcharts and calculated mineral ownership on a percentage and per acre basis within time constraints and presented them to client
• Contacted, negotiated and obtained oil and gas leases from surface and mineral owners throughout Texas at dictated price per acre as established by the client
• Solved title problems, title curative, and due diligence items within time and budget constraints as dictated by client
• Worked effectively with upper management and field landmen to complete assignment within time and budget constraints
• Completed lease checks to determine availability of acreage for leasing
• Custom negotiating skills in hostile environment
• Developed and maintained land maps and ownership reports
• Developed industry contacts and worked to develop good business relationships that increased profits
• Inspected and toured rigs and pipelines as requested and required
• Ability to work nights and weekends as required
Commercial Real Estate Appraiser; Houston, Texas 1996 – 2001
Fee appraiser
• Prepared narrative appraisal reports on various types of commercial real estate including shopping centers, apartment complexes, and office buildings for the purpose of estimating market value for finance and liquidation
• Analyzed financial statement, cash flows projections on Excel for market value determination
Robert D. Portman, CPL, President, PFM, LLC ; East Texas 1995 – 1996
Consulting Landman
Title research to determine mineral ownership in Rusk County, Texas
• Solved title problems, title curative, and due diligence items within time and budget constraints as dictated by client
• Worked effectively with upper management and field landmen to complete assignment within time and budget constraints
Commercial Real Estate Appraiser; Houston, Texas 1986 – 1995
Fee appraiser – Review Appraiser
Cushman – Wakefield, First Mortgage, Mcorp, FDIC, William R. Murphy, FDIC Houston
Houston and Southeast/South Central Texas
• Provided review appraisal services for the FDIC and for liquidated banks
• Reviewed commercial and residential appraisal reports to confirm accurate and support
• Managed staff of 5 while at Mcorp while reviewing and preparing appraisal reports
• Maintained list of approved appraisers, contacted and followed up on appraisal reports status as required to ensure completion by deadline
• Worked effectively with account officers to reconcile property value disputes
• Experience with appraisal processes included capitalization rates, discount rates, loan to value ratios, present and future value calculations
• Investigated fraud when required by account officers
• 20 years of proven ability used to calculate loan to value ratios, market extraction of capitalization rates, and able to derive gross rent multipliers
• Prepared residential and commercial reports for financial institutions, banks, FDIC, FSLIC, and Fannie Mae for the purpose of estimating market value
• Worked closely with account officers to resolve value disputes and liquidate real estate assets in a reasonable, orderly fashion to maximize value of assets to the FDIC
EDUCATION AND COMPUTER SKILLS
• University of Texas – BBA Finance
• Real Estate Broker – State of Texas
• State Certified Real Estate Appraiser
• Completed MAI courses and received designation
• 10 years experience using Excel, Word, Outlook, Access, and mapping programs
• High Speed Internet access
• AAPL member - 79440
• Notary
• Commercial Pilot
• MAI – American Institute of Real Estate Appraisers
• Self starter with minimum direction from superiors
• YMCA member
• Volunteer at Fellowship of the Woodlands Church
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