Petroleum Strategies
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Standards Disclosure

PETROLEUM STRATEGIES
STANDARDS DISCLOSURE:

• Safety and Funds Security

• Asset Preservation

• World Class Customer Service

• Wires to Segregated Accounts

• Never a Commingling of Funds

• Proven Legal Documents and Structures

• Full Compliance with IRC Regulations

 

 

 

 

LEADERSHIP

Dale Brown is the founder and President of Petroleum Strategies. He is a CPA and longstanding leader in the oil & gas industry. Dale started this company two decades ago due to the demand for this specialized tax deferred service within the oil & gas industry sector. The company has grown organically, because many sucessful energy companies with similar capital gains issues sought a trustworthy tax deferral partner. While Dale has had many sucesses in his esteemed career (including serving as a principal and board member instrumental in taking Legacy Reserves, LP public, NASDAQ symbol LGCY), he remains engaged as the President of the company.    
     
     
Mark Nierenberg is the Vice President and day-to-day director of the company’s sales and business development. Mark is a licensed attorney in Colorado with 20 years of experience in transactional work for corporate energy and real estate clients. Nierenberg is an accomplished 1031 tax deferred exchange specialist, having faciliated thousands of exchanges as the in-house bank QI provider for JPMorgan Chase, WaMu, and Commercial Capital Bank. Mark's legal and banking background serves as an ongoing resource for large oil & gas bank clients, supporting thier complex exchanges, during this highly active and profitable time period. Mark has day-to-day contact with clients, and works tirelessly to get the results they expect.    
     
     
Donna Cowdrey is the Exchange Manager at Petroleum Strategies, and is regarded as the most experienced Exchange Specialist in this industry. Donna has been with Petroleum Strategies for over 10 years and has exceptional knowledge of the energy sector, along with over 10 years of experience as an oil & gas paralegal. Donna is typically the contact for client services who will open your bank accounts, draft replacement property ID letters, and set up outgoing wires as requested. Donna has provided our clients with world-class customer service for the past decade, and as a client, you will soon realize Donna is a reliable partner for all of your future exchange transactions.    
     
     
Alan Brown has been a licensed attorney in Texas for over 15 years and a partner at the Midland, Texas law firm of Lynch, Chappell & Alsup. As a longstanding outside legal counsel for Petroleum Strategies, he is a key contact for clients. Alan has served as the lead on the complex reverse exchange service that has been a difference maker for us in the marketplace. Alan works closely developing the banking partners for Petroleum Strategies, and his background in the oil & gas industry provides invaluable experience to our clients. Alan was recently published in Oil & Gas Investor, and often speaks at industry conferences.    
     
     
Matthew Martinez is the Accounting Manager for Petroleum Strategies and works at the headquarter office in Midland. His growing role at Petroleum Strategies revolves around the management of client's 1031 exchange accounts, which includes the movement of funds for replacement property purchases, exchange account reconciliation, opening of new exchange bank accounts, and the drafting of exchange closing Summaries to be used when filing exchangor's tax returns. It is noteworthy that Matthew has worked with Petroleum Strategies' parent company Moriah Resources as Senior Accountant for five years prior to joining the Petroleum Strategies team. Matthew graduated from The University of Texas of the Permian Basin with a Bachelors of Accounting. He is a tireless and meticulous worker, and provides clients with top notch customer service on all accounting matters.    
     
     

Cary D. Brown is Chairman of the board of directors of Legacy Reserves (LGCY); he’s Chief Executive Officer of our general partner and has served in these capacities since our founding in October 2005. Prior to October 2005, Mr. Brown co-founded two businesses, Moriah Resources, Inc. and Petroleum Strategies, Inc. Moriah Resources, Inc. was formed in 1992 to acquire oil and natural gas reserves. Petroleum Strategies, Inc. was formed in 1991 to serve as a qualified intermediary in connection with the execution of Section 1031 transactions for major oil companies, super-independents and private companies.

Mr. Brown has served as Executive Vice President of Petroleum Strategies, Inc. since its inception in 1991. He served as an auditor for Grant Thornton in Midland, Texas from January 1991 to June 1991 and for Deloitte & Touche in Houston, Texas from June 1989 to December 1990. In 1995, Mr. Brown also founded and organized The Executive Oil Conference held in Midland, Texas, which draws over 300 oil and natural gas industry professionals each year. Mr. Brown received his Bachelors of Business Administration, with honors, from Abilene Christian University. His 18 years of experience in the oil and natural gas industry is coupled with 16 years of experience in the Permian Basin.

   


 
         
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phone 432.682.0292
fax 432.682.4013

P.O. Box 5562
Midland, Texas 79704

303 W. Wall St., Suite 1500, Midland, Texas 79701