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New
Book
Release
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| Robert Malone has been featured in a new book,
Black Gold, The Story of Texas Oil & Gas, which was
released by The Texas Energy Museum featuring many prominent
leaders in the industry where Malone was featured back to back
with the famous Clayton W. Williams. More
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Robert Malone's 30 years
of personal experience in the oil and gas industry includes
training and working directly in the oil field. He
also served as Audit Manager of an oil company, and has
conducted reviews worldwide. He has received extensive
oilfield training and specialized training in all
district departments.
Robert Malone is considered
a COPAS expert who has authored various COPAS publications.
His current, thorough knowledge of COPAS is an important
tool in achieving a more successful review. Few, if
any, joint venture auditors have achieved this level of
oil and gas understanding, which allows us to approach reviews
from an operational orientation.
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Largest recovery
$60,000,000
It had already been audited
and the exception was missed!
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Report was $19,747,379.16
with
$18,953,753.45 in
agreed exceptions.
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3rd largest recovery
$18,000,000
This one had also been audited
and the exception was missed!
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Over 1,000 exception
findings
in some joint interest reports!
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Obtained credit for the drilling
charges for an
entire well as a
granted exception!
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Audit results were front page of
Wall Street Journal
Client's stock went up!
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Reviewed $2.4 million
in LOE cost
Recovered $5.2 million
in exceptions!
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Audit results
cancelled
existing claim against the client!
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Before the audit,
the clients owed money.
After the audit, the operators
owed money to the client!
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Recommendations made prior
to the drilling of wells
made the clients millions!
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Results were ten
times that of
the largest big 6 audit firm.
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