Director of Oil and Gas Operations

Job Title:

Director of Oil and Gas Operations

Full Time, Exempt

The Erie County Investment Company was incorporated in 1899 in the State of Ohio and has been operating in Colorado since 1965. The Company has two core businesses, real estate and oil and gas, along with other strategic investments through its various subsidiaries and affiliates. With a focus on long‑term value creation, sustainable growth, and innovative investment strategies, we pride ourselves on delivering exceptional returns for our investors while fostering a collaborative and dynamic work environment for our team.

The Director of Oil and Gas Operations will be responsible for growing the oil and gas assets for the business. The position will be responsible for pursuing potential investments in the industry, building a network of partners, operators, investors and potential sources for deals. The person filling the position will help refine Erie’s oil and gas acquisition model and be accountable to pursue assets consistent with that model.

This position will involve working closely with financial, technical and legal counterparts to complete deals as well as to manage the current portfolio of oil and gas assets.

Additionally, the Director of Oil and Gas Operations will analyze financial data, conduct research and perform valuation analysis of prospective and current investments, including the assessment of financial risks. The Director will participate in internal and external partner meetings, negotiation of contracts, drafting of RFP proposals and the due diligence processes. This position will be a critical member of Erie’s leadership team, with direct involvement in both deal execution and business development.

The ideal candidate will have a strong background in the oil and gas industry, financial modeling, valuation, due diligence, and deal structuring and asset management.

• Investment Opportunities :
  Identify, evaluate, and pursue potential investment opportunities in the oil and gas sector, with a focus on producing assets.
• Market Analysis :
  Conduct comprehensive market research and analysis to understand trends and opportunities in the oil and gas industry.
• Strategic Planning :
  Develop and implement strategic plans to achieve business objectives related to the oil and gas investment portfolio.
• Relationship Management :
  Build and maintain relationships with key stakeholders, including investors, partners, and clients in the oil and gas industry.
• Negotiation :
  Lead negotiation of investment deals, contracts, and agreements.
• Risk Management :
  Assess potential risks and returns of investment opportunities to ensure alignment with the company's financial goals and risk tolerance.
• Reporting :
  Prepare and present regular reports on the performance of the oil and gas investment portfolio to senior management and stakeholders.

• Perform financial analysis, valuation, and modeling of potential transactions, using various methods and assumptions.
• Conduct comprehensive due diligence on deals, including technical, commercial, legal, environmental, and regulatory aspects.
• Negotiate and execute definitive agreements, in coordination with internal and external advisors.
• Act as primary contact with operators and other working interest partners on all producing properties.
• Manage post‑acquisition integration and transition, as well as monitor and report on portfolio performance both internally and semi‑annually to the Board of Directors.
• Managing the daily operations and revenue generation of the company and ensuring its continual growth and success.
• Research variances from budgeted expectations, significant changes from prior periods or trends, and other operational anomalies and report to the executive team monthly.
• Work closely with finance and accounting to complete monthly financial reporting packages prepared and yearly budgets.
• Maintain and update current database of wells, including well‑file data and production data.
• Support completion of YE and mid‑year reserve report with contracted engineer.
• Review and approve AFEs on a monthly basis.
• Review monthly financial data…