1. Dennis McGrath, CPA
Cell: 281-728-7567
Email: dennis@dennismcgrathcpa.com
Website: dennismcgrathcpa.com
E & P Accounting Professional
Expert at E&P accounting & financial needs at any stage of growth
 CPA & MBA, with comprehensive upstream E & P experience, public/private, domestic/int'l.
 KPMG, Grant Thornton & Deloitte audit senior on 30+ oil & gas engagements.
 Controller for upstream E & P firms that grew by the drill bit, acquisitions and farmouts.
 Expert in E & P financial reporting: GAAP & IFRS, Full Cost & Successful Efforts, DD&A,
ARO, Impairments, Joint Operating Agreements, AFE, JIB, Revenue distribution.
 Oil & gas accounting system installation and conversions, , Excalibur, BOLO, Ogsys, Infor
E & P Work Performed
Formation  Forecasts/Projections  Business Plans  ROI Analysis
 Powerpoint Presentations
Start-up  Acquisition Analysis  Due Diligence examinations 
 Accounting for:
PSA, Farmouts, JOA
 Exploration & Drilling Budgets  AFE System and
Joint Interest Billing
 Revenue Distribution
to Roy & WI Owners
 Severance and Ad Valorem
Tax Reporting
 Gas Plant Allocations and
Gas Imbalance Issues
 Derivative and Hedge
Accounting
 DD&A, Impairment and ARO
Calculations
 Accounting System
Set-up & conversions
 Manage the month end
accounting close
 IFRS & GAAP F/S
Reporting
 Lease & Well Reporting  Communication/reporting to
Investors and/or Bankers
 Establish Internal Accounting
Controls
Emerging  Hire & train accounting
staff
 Establish companywide
policies and procedures
 Implement SOX 404
procedures and testing
E & P Controllerships
Domestic International
Calston Exploration USA (2011-Present) Stratum Energy Group Ltd. (2009-Present)
Isramco Energy Inc. (2008-2009) Siberian American Oil Co. (2 years)
Arxa Energy (3 years)
Houston Oil Fields Company (5 years)
Cabot Oil & Gas (4 years)
Clients Served this Millennium
 Fin’l Audits
Linn Energy Beryl Oil & Gas J. M. Huber
Davis Petroleum Bayou Bend Petroleum Houston Exploration Co.
Adams Resources Huntsman Chemicals
 SOX 404/ Ultra Petroleum ATP Oil & Gas The Exploration Company
Internal Audit Energy XXI Baker Oil Tools Kaiser Aluminum
 Fin’l Projects Petrobras Devon Energy Quantum Resources
Coast Energy Enron (post bankruptcy ) Gulf Coast Energy
IFRS Adoption
Conversion
Stratum Energy Calston Exploration USA Greenfields Petroleum