PENNY L. CEDENO
CEDENO LAND & TITLE DBA
5704 Village Glen Trail
Arlington, Texas 76016
Contact- 682) 564-7613
QALIFICATION SUMMARY
11 plus years of oil and gas land in the field, 2 years in-house Landman. 12 years’ experience with GIS mapping. Demonstrated abilities of time management, project planning, training, research of land records, pre-title opinion review, land title and curative matters, locate and identify heirs, HBP Leaseholds as to all depths, research client HBP status and WI, NRI, ORRI provide numbers for payout and analyzing current and preparation of Lessee/Lessor Leases. Utilizing Rail Road Commission for identifying leasehold and potential open acreage. Oversee small group of Landmen by providing projects and reviewing projects for accuracy prior to sale. Due Diligence for large scale purchases. Oil & Gas Portfolio Management. Proficient in Microsoft Word, Excel, Access, Adobe Professional, Canvas software, ArcView GIS mapping system, Deed Plotter for Windows, QuickBooks and Trust Management Software.
OBJECTIVE
To provide accurate and trust-worthy oil and gas land information in a timely and efficient manner that best fits the needs of the Client. Land Consulting, acquisition of new and renewal mineral / petroleum and Gas Industry, Pooling and Unitization negotiations for the Oil and Gas Industry. GIS Mapping new setup, manage and update.
PROFESIONAL EXPERIENCE
Oil & Gas Portfolio ManagerJanuary 2016 to present
PDS Companies, Inc.
Arlington, Texas
● Mineral management for bank trusts and agencies, managing approx... 10,000 oil and gas mineral assets, in the following States CA, TX, LA, WV, VA, PA, IL, OK, OH, MI, MN, KY and Canada, .
● Knowledge and understanding of negotiation of oil and gas leases
● Research and analysis of deed records.
● Advise Client with regards to title documents on file, acquire and manage field landman if additional title information is needed to ensure clear chain of title.
● Recommend and oversee preparation of curative documents to ensure proper chain of title.
● Act as liaison between client and Attorney with regards to various types of deed preparation for distribution and sale of assets.
● Review Division Orders to ensure correct royalty interest is credited; notify client of approval for signature.
● Review and approval of working interest and joint interest billing.
● Review and recommendation of Authorization for Expenditures.
● Asset and revenue management including cash flow analysis and well production to insure proper payments of revenue.
● Annual review analysis and communication with bank administrators and compliance officers.
Independent Contract Petroleum LandmanSeptember 2006 to March 2015
Arlington, Texas
● Title examination (sovereignty to present date) and curative (Local, State, Federal), lease negotiations and purchase.
● Title examination for HBP based on client needs (Mineral and Leasehold reports by depth and ownership breakdown).
● Title review prior to submitting to Title Attorney
● Prepare Runsheets, MOR, MOT, Leases, Ownership Reports, LPR’s and Curative Documents
● Due Diligence
● Mineral Purchase
● Identifying and the location of mineral owners and or their heirs
● Research and review company files to identify ownership percentages
GIS/Database Analyst September 2004 to March 2015
Arlington, Texas
● Implement individually the use of ArcGIS Desktop/Explorer, mapping/analyzing/accurately depicting Erath, Parker and Wise Counties, Texas lease tracts and lease blocks in complex depth environments
● Creation and/or capture of XY data; georeferencing and analyzing of potential partner/competitor maps; creation of proposed units and laterals; title opinion analysis, leasehold and unit updates
● Assisted in the implementation and set up of data, mapping/analyzing/accurately depicting East, Texas group, placing spatial data in the hands of decision makers and other end users.
Information applied to the maps includes leasehold, minerals, title, production, land preparation, tract status, with weekly status updates.
In-house Office Manager/LandmanApril 2003 to September 2006
Fort Worth and Weatherford, Texas
● Liaison between Broker and Energy Companies providing all documentation and preparation of Bill of Sale, Assignments, Agreements, Contracts and other similar documents for the sale of leasehold and minerals estates.
● Title examination (sovereignty to present date) and curative (Local, State, Federal), lease negotiations and purchase
● Mapping (deed plotter and ArcView GIS software) by project dependent upon the needs of client
● Prepare Runsheets, MOR, MOT, Leases, Ownership Reports, LPR’s and Curative Documents
● Due Diligence
● Mineral Purchase
● Identifying and the location of mineral owners and or their heirs
● Maintain Lease Bank Drafts
● Payroll
● Surface Title
EDUCATION
MTI Business SchoolJune 1990 to August of 1992
Associates in Computer Programming and Business Law
COUNTIES WORKED
Texas - Erath, Palo Pinto, Jack, Archer, Eastland, Throckmorton, Parker, Hood, Johnson, Tarrant, Denton, Wise, Rusk, Henderson, Nacogdoches, Angelina, Wise, Panola, Reagan and Montague Counties.
Oklahoma – Marshall and Bryan Counties
PROFESSIONAL AFFILIATIONS
AAPL- Member Number 96054
TEXAS STATE NOTARY- expires 2017
National Association of Royalty Owners
Obtaining CMM Certification
Obtaining RPL Certification
REFERENCES
Jennifer Casey – KCNKC- 979) 324-7255
Andrew Gronberg- Threshold-
Todd Spake- Kelly, Hart and Hallman- 817) 878-3592
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