6 Key Considerations E&P Companies Should Address Navigating Low-Oil Price Environment

6 Key Considerations E&P Companies Should Address Navigating Low-Oil Price Environment


Find out what E&P companies need to know as they navigate the impact of a negative and/or depressed oil and gas commodity pricing environment. On Monday, April 20, 2020, U.S. crude oil prices traded below zero for the first time ever, meaning producers or traders were essentially paying buyers to…

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Author Profile
Vice President of Accounting -

Raza Rizvi is the Vice President of Accounting at Opportune Outsourcing based in Houston, with over 20 years of experience in operational accounting, financial reporting and internal controls for the upstream oil and gas sector. Raza oversees all aspects of Opportune’s outsourcing services with a focus on quality and efficiency of transactional processes and reporting. He leads teams responsible for quarterly and annual SEC financial reporting and SOX implementation and compliance. Prior to joining Opportune, Raza was a Senior Manager in Ernst & Young’s Assurance practice where he served both public and privately held multinational companies in the oil and gas industry. Raza earned his Bachelor’s degree in Finance and Accounting and Master’s degree in Economics from Karachi University. Raza is a CPA licensed in Texas and California and is also a Fellow Member of the Institute of Chartered Accountants of Pakistan. He is fluent in Arabic and Urdu.

Author Profile
Managing Director -

Amy Stutzman is a Managing Director in Opportune’s Complex Financial Reporting Group with eighteen years of experience in technical accounting and SEC reporting.  Amy leads teams that support executive management in understanding the structure and implications of complex transactions such as IPOs and acquisitions. She has strong technical skills and analytical ability and is the firm leader on all U.S. GAAP advisory matters.  Prior to joining Opportune, Amy managed the financial reporting group for Apache Corporation in Buenos Aires, Argentina, and was an audit manager in PricewaterhouseCoopers’ energy practice.

Author Profile

Ken Nollsch is a Controller in the Outsourcing group at Opportune. He has over 15 years of experience in technical accounting and operational accounting, with representative “hands-on” industry experience serving as a Controller for mid-growth companies. Ken began his career at Hein & Associates, serving as a Manager in the company’s energy practice. Ken has developed broad experience in financial reporting, financial modeling, operational accounting and strategic planning. He brings expertise in compliance with the reporting requirements of the U.S. Securities and Exchange Commission (SEC), including reporting on Forms 10-Q and 10-K. Ken recently served as the Interim Controller at Jonah Energy LLC. Ken is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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