Ashland Exploration, Inc. is engaged in exploration for and production of crude oil and natural gas in the United States and overseas

• Managed all phases of accounting through financial statements, including monthly Joint Interest Billing, Revenue, Accounts Payable and Receivables, Payroll, Intercompany reconciliation and Cash Management.
• Ran monthly JIB, COPAS allocations, audited AFEs, Joint Venture & Consolidated Financial Statements
• Establish and maintains operated and non-operated authority for expenditures (AFE’s).
• Generate joint interest billing (JIB) invoices for the company and reconcile joint interest billing (JIB) and general ledger accounts
• Establishes well allocations for all operated properties.
• Analyzes lease operating variances for the company, calculates salt water disposal (SWD) and platform fees for the company’s operated properties.
• Reconciles joint interest billing (JIB) and general ledger accounts, review and report to management monthly variances and reasons for variance on lease operating cost.