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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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Overview
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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. Few, if any, joint venture auditors have achieved
this level of oil and gas understanding, which allows him
to approach reviews from an operational orientation.
Robert Malone's extensive experience
has enabled him to audit wells of considerable size and
complexity. The deepest wells thus far have been a total
depth of 25,390' and 24,860'. It is rare to find such a
high level of insight into drilling operations from a single
source. With this expertise comes an assurance that your
audit will thoroughly examine areas which have the highest
probability of containing exceptions that should be reviewed.
Robert Malone also has received both
management training and experience. He ultimately was promoted
to supervise numerous departments and was over 275 personnel.
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This is a picture of Bob Malone of Malone Petroleum Consulting
on an offshore platform in the Gulf of Mexico.
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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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