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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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Publications
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| As, chairman of the COPAS/PASH audit and publicity committees - and most likely the longest standing member on the three major COPAS/PASH committees: audit, joint interest and revenue, |
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Initiated COPAS Interpretation #16 - Operator and
Related Facilities 10-22-1986 |
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Initiated COPAS Interpretation #19 - Discounts 9-14-1988. |
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Initiated COPAS Interpretation #21 - Documentation
Supporting Joint Interest Expenditures 2-14-1990. |
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Solely authored the FIRST COPAS index April 1989 of all COPAS publications. |
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Co-authored the FIRST Canadian index April 1989 of all PASC publications |
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Solely produced the COPAS bulletin #4 April 1997 (all prior COPAS accounting procedures). |
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Solely produced for publication April 1997 (all prior AAPL model form operating agreements). |
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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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