What are the responsibilities and job description for the Investment Banking - Reservoir Engineer position at Stephens Default?
SUMMARY
Title: Reservoir Engineer
Group: Energy – Acquisitions & Divestitures
Location: Dallas
ABOUT STEPHENS
Founded in 1933, Stephens is an independent financial services firm with the freedom to focus on what matters most: building value for our clients. We are committed to establishing and maintaining long-term relationships based on integrity and trust, and delivering long-term results based on deep research and independent thinking.
Our Investment Banking group is a leading advisor to companies and their stakeholders in the development and implementation of comprehensive M&A strategies and balance sheet solutions. We have more than 250 bankers in 9 offices across the United States and Europe providing deep domain knowledge and sector expertise within select industry segments. With dedicated teams creating customized solutions to meet the unique needs of financial sponsors, public companies and family-owned businesses, we offer objective and unvarnished advice on:
- Mergers and acquisitions, sales, divestitures and other business combinations
- Private placements and public underwritings of debt and equity
- Recapitalizations, restructurings, bankruptcies and other special situation transactions
- General corporate advisory
ENERGY TEAM
Stephens has a longstanding commitment to assisting and advising public and private Energy companies through their life cycles. Based out of Dallas, the Stephens Energy investment banking practice focuses on the Exploration & Production, Midstream, and Oilfield Services sectors. The combined knowledge base of the Energy team enables them to provide an unmatched level of investment banking service.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Execution
- Technical evaluation of client oil & gas assets using industry standard economics software (e.g. ComboCurve, ARIES, or PHDWin) as well as commonly used software such as Spotfire, Excel, and Access
- Prior experience with decline curve analysis required; familiarity with other forecasting methods helpful but not required
- Ability to generate/manage evaluation databases and economic forecasts
- Working with senior members of team, assist in development of key marketing materials and execution of mandates
- Key client reviews (e.g. review of PDP forecasts, type curves, LOS model, etc)
- Confidential Information Memorandums / data room presentations
- Population of virtual data rooms
- Contribution to/participation in presentations
- Following up on external party Q&A
- Attending internal and external project meetings as required. The right candidate will eventually develop to be able to lead these meetings
- Assist with miscellaneous technical project related duties as required
Business Development
- Assist with development of new business activities across a variety of investment banking products with emphasis on sell-side A&D pitches
- Writing of technical portions of pitch books
- Attend pitch meetings
QUALIFICATIONS:
- 1-5 years of Petroleum Engineering Experience at an investment bank, third party engineering firm, or operating company
- Engineering undergraduate degree is required
- High level of economic understanding of producing and development field economics:
- Fundamentals of a discounted cash flow: capex, opex, discount rates, LOE, basis differential, price deck, rig schedules, type curve inputs, & economic limit
- Computer skills:
- Deep understanding of Microsoft Office, especially Excel required
- ComboCurve, ARIES and/or PHDWin experience required
- Experience with Enverus Prism a plus; IHS or others acceptable
- Ability to write VBA, Python or R a strong plus
