LOUIS R. HESTER

CAREER SUMMARY
Professional Landman with 8 years of extensive oil and gas experience and expertise in surface and mineral title searches, negotiating oil and gas leases with mineral and property owners, experience resolving complex title problems.

EXPERIENCE

LE Energy 2002 Present
Houston and Southeast/South Central Texas

Field Landman Leasing agent
Provided consulting land services to industry clients including Sanchez Oil, Cobra Exploration, and Genesis Production Company located throughout southeast and south central Texas

Leasing of drill site at cost savings to client

Negotiated damage settlements that resulted in minimal losses for Cobra Exploration with property owners and mineral owners

Researched complex mineral title at county courthouses and at title plants to determine mineral ownership for leasing for Cobra Exploration and Sanchez Oil within time and budget constraints

Organized and constructed mineral ownership flowcharts and calculated mineral ownership on a percentage and per acre basis within time constraints and presented them to client

Contacted, negotiated and obtained oil and gas leases from surface and mineral owners throughout Texas at dictated price per acre as established by the client

Solved title problems, title curative, and due diligence items within time and budget constraints as dictated by client

Worked effectively with upper management and field landmen to complete assignment within time and budget constraints

Completed lease checks to determine availability of acreage for leasing

Custom negotiating skills in hostile environment

Developed and maintained land maps and ownership reports

Developed industry contacts and worked to develop good business relationships that increased profits

Inspected and toured rigs and pipelines as requested and required

Ability to work nights and weekends as required

Counties worked Jefferson, Hardin, Liberty, Montgomery, Walker, Waller, Brazoria

Commercial Real Estate Appraiser; Houston, Texas 1996 2001

Fee appraiser
Prepared narrative appraisal reports on various types of commercial real estate including shopping centers, apartment complexes, and office buildings for the purpose of estimating market value for finance and liquidation

Analyzed financial statement, cash flows projections on Excel for market value determination

Robert D. Portman, CPL, President, PFM, LLC ; East Texas 1995 1996
Consulting Landman

Title research to determine mineral ownership in Rusk County, Texas

Solved title problems, title curative, and due diligence items within time and budget constraints as dictated by client

Worked effectively with upper management and field landmen to complete assignment within time and budget constraints

Commercial Real Estate Appraiser; Houston, Texas 1986 1995
Fee appraiser Review Appraiser
Cushman Wakefield, First Mortgage, Mcorp, FDIC, William R. Murphy, FDIC Houston
Houston and Southeast/South Central Texas

Provided review appraisal services for the FDIC and for liquidated banks

Reviewed commercial and residential appraisal reports to confirm accurate and support

Managed staff of 5 while at Mcorp while reviewing and preparing appraisal reports

Maintained list of approved appraisers, contacted and followed up on appraisal reports status as required to ensure completion by deadline

Worked effectively with account officers to reconcile property value disputes

Experience with appraisal processes included capitalization rates, discount rates, loan to value ratios, present and future value calculations

Investigated fraud when required by account officers

20 years of proven ability used to calculate loan to value ratios, market extraction of capitalization rates, and able to derive gross rent multipliers

Prepared residential and commercial reports for financial institutions, banks, FDIC, FSLIC, and Fannie Mae for the purpose of estimating market value

Worked closely with account officers to resolve value disputes and liquidate real estate assets in a reasonable, orderly fashion to maximize value of assets to the FDIC

EDUCATION AND COMPUTER SKILLS
University of Texas BBA Finance
Real Estate Broker State of Texas
State Certified Real Estate Appraiser
Completed MAI courses and received designation
10 years experience using Excel, Word, Outlook, Access, and mapping programs
High Speed Internet access
AAPL member - 79440
Notary
Commercial Pilot
MAI American Institute of Real Estate Appraisers
Self starter with minimum direction from superiors
YMCA member
Volunteer at Fellowship of the Woodlands Church