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Mineral Trust Asset Manager

Cadence Bank
United States, Texas, Houston
Nov 23, 2024
Description

Description:

Act as one of the primary oil, gas and minerals experts on-staff, being the point of contact for pertinent OGM matters within Asset Management & Trust (AM&T)

Manage and oversee all producing and non-producing mineral interests; inclusive of royalty interests, overriding royalty interests, non-participating royalty interests and working interests

Collect and process oil and gas revenue, oversee production volumes and royalty payments associated, monitor revenues and expenses, and provide monthly/quarterly and annual reporting, etc.

Perform OGM Reg 9 Reviews and asset valuations for annual reporting, taxes, sales and/or acquisitions

Secure and review title documents and confirming ownership, exploring chain of title

Review, evaluate and negotiate oil and gas leases, seismic agreements, and other exploration and production contracts

Analyze, confirm, process and execute division orders with oil and gas companies, operators, and/or oil and gas purchasers

Perform exploration and production analysis of well proposals and proposed Authority for Expenditures (AFEs)

Review and process Joint Interest Billings (JIBs) associated with working interest ownership

Prepare, file and record appropriate deeds, including title analysis and document review for mineral interest ownership

Facilitate ownership transfers, providing operators will all necessary title documentation

Research and recover escheated funds and funds held in suspense

Monitor and ensure payment of ad valorem taxes

Communicate with team members regarding status of pertinent OGM matters, providing expertise, feedback and recommendations

Review all OGM contracts and provide feedback accordingly

Oversee the opening of accounts containing OGM assets, providing a thorough review of and ensuring receipt of all instruments associated (deeds, leases, division orders, copies of checks, etc.)

Facilitate the distribution of OGM assets, when necessary

Be pro-active in the development of new Trust business by working with Attorneys, CPA's and COI's

Work with third-party vendors, when necessary, to ensure prudent management of OGM assets

Requirements - 4-year degree, member of the American Association of Professional Landmen (AAPL), and a Registered Professional Landman (RPL) or Certified Professional Landman (CPL) professional designation. Prior fiduciary experience preferred, but not required.

This position relies heavily on relationships and communication with both internal and external partners, as well as clients and centers of influence. The ability to multi-task and provide a high level of service is essential, with a positive attitude and well-being a must.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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