Providing coverage of Alaska and northern Canada's oil and gas industry
February 2020

Vol. 25, No.06 Week of February 09, 2020

Oil patch insider: Oil Search Alaska leadership team, new at Revenue, Hilcorp workers

Petroleum News

Currently the Oil Search Alaska group numbers 151 - 36 contractors and 115 employees.

In addition to Keiran Wulff moving up from the top executive of Oil Search Alaska to managing director of the parent company, and Bruce Dingeman named as his replacement, there have been other changes in the Alaska leadership team’s names and titles, with the net result as follows as of Feb. 5:

Matt Elmer, chief operating officer

Joe Balash, senior vice president government affairs

Cindy Bailey, senior vice president community affairs

Patrick Flood, vice president commercial

Josef (Joe) Chmielowski, vice president exploration and new ventures

Wanda Lewis, vice president people and culture

Jonathan Boyce, senior vice president finance and project services

Bob Writt, senior vice president projects

Ryan Johnson, vice president supply chain and operations support

Lea Souliotis, senior vice president commercial, planning and strategy

Steve Robinson, senior vice president drilling and completions

James Robinson, senior vice president HSES

Mark Ireland, senior vice president subsurface

Stephanie Kreibich, IT and data management manager

Kolin Fencil, vice president operations

Stephen Luna, senior vice president legal

Mahoney named new Revenue chief

On Feb. 4, Alaska Gov. Michael Dunleavy said he had appointed Lucinda Mahoney as commissioner of the Alaska Department of Revenue. Mahoney, who has 30 years of broad experience in the areas of consulting, treasury, debt management, investment management, accounting, budgeting and business development, took office that same day.

“Lucinda’s experienced background and outstanding work ethic will make her an excellent Commissioner. Her previous experience with the Municipality of Anchorage, and understanding of debt services, will be valuable to not only the Department of Revenue, but our entire state as we look to create a more prosperous future. I thank Lucinda for her readiness to serve our great state,” Dunleavy said.

Mahoney is the owner of Value Solutions LLC, from which she operates as a business consultant and investment manager. Over the years, she has worked with Fortune 10 oil companies, government agencies, Alaska Native corporations and villages, large and small businesses, and not for profit organizations.

She formerly served as the chief financial officer for the Municipality of Anchorage, and as the executive director of the Arctic Slope Regional Corp. shared services center. Prior to that, Mahoney was a director with KPMG LLP, managing its business consulting practice in Alaska.

She received her Bachelor of Business Administration from the University of Texas, her Master of Business Administration from the University of Alaska, certification from the National Association of Certified Valuation Analysts and Investment Portfolio Certificate from the Wharton School of Business.

Mahoney’s past boards and appointments include the following: trustee, Police and Fire Retirement Investment Fund, 5 years; trustee, Alaska Municipal League Investment Board, 4 years; trustee, Anchorage Deferred Compensation Investment Board, 5 years; board oversight as CFO, MOA Investment Trust, 5 years; chairwoman, Municipal Health Committee, 5 years; board member/treasurer, Anchorage Community Development, 6 years; and as an advisory board member, Launch Alaska.

“I share the Governor’s vision of obtaining long term fiscal sustainability to create opportunities for all Alaskans and move Alaska forward. I look forward to working with Governor Dunleavy and his administration to identify practical and efficient solutions to the issues our state is currently facing,” Mahoney was quoted as saying in the Feb. 4 press release.

Mike Barnhill, who was appointed acting commissioner of Revenue in December will now serve as the department’s deputy commissioner.

Hilcorp Alaska employees donate $5M

On Feb. 4, the Alaska Community Foundation announced a new partnership with Hilcorp Alaska that will result in more than $5 million in charitable contributions over the next 12 months. Through this partnership, ACF will take over the administration of Hilcorp Alaska’s giving program and disperse the employee guided donations statewide, the foundation said in a press release.

“This is innovating news for philanthropy in Alaska, and a partnership we are very excited to begin,” said Nina Kemppel, ACF president and CEO. “Hilcorp has a successful history of enhancing its social investment through the Greater Houston Community Foundation, and we’re thrilled to have the opportunity to take that proven model and help Hilcorp expand its corporate giving to Alaska beginning with $5,000,000 over the next twelve months.”

“The main reason I became interested in serving on the Alaska Community Foundation’s Board was its focus on community,” said Carol Gore, ACF’s board chair. “This investment by Hilcorp Alaska is an example of the community investing in their own community – investing in its people and place.”

Under the Hilcorp Giving Program, the company establishes a charitable fund for employees with an initial gift of $2,500 followed by an annual match up to $2,000 every year thereafter. Each employee can then direct the funds to the charities of their choice.

Since the program’s inception in 2007, Hilcorp’s employees have gifted over $15 million to U.S.-based nonprofit organizations.

“We are proud to have over 90% of our employees from Alaska and we are proud to be in Alaska. There is no better organization than ACF to help our employees invest in Alaska,” said Hilcorp Alaska Senior Vice President Dave Wilkins. “Whether it is an after school program for at-risk youth, their church, or a homeless shelter, we empower our employees to become lifelong philanthropists and determine how best they can help their communities.”

Hilcorp plans to work with ACF for many years to come as it continues to grow its workforce and operation in Alaska, the foundation said in its Feb. 4 press release.

Established in 1995, ACF is a “statewide platform for philanthropy that connects people who care with causes that matter. Managing more than $124 million in assets and over 550 funds for the benefit of Alaskans, ACF and their affiliates grant $6-$8 million each year to charitable projects and nonprofit organizations across the state,” the press statement said.

ACF’s mission is to “inspire the spirit of giving and connect people, organizations, and causes to strengthen Alaska’s communities now and forever.”

For more information, visit www.alaskacf.org.

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