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Barry M. Faulkner

Barry M. Faulkner, Associate EC RISK USA & EUROPE, LLC, is an expert in the area of petroleum geology and has provided consulting services for clients since 1985. Barry has over 30 years experience in world-wide petroleum exploration and production. He and Dr. Sam Sugiyama have collaborated on a number of projects to assist clients in developing sound risk assessments in oil and gas prospect valuation.

SUMMARY

  • Principal, Barry M. Faulkner & Associates, Jan 1985 to Present
  • Chief Geologist, Getty Oil Britain, LTD., 1980-1984
  • Senior Geologist, International Exploration & Production, Getty Oil, Los Angeles, CA,, 1974-1980

EDUCATION

  • M.S. Geology Eastern Kentucky University, 1976
  • B.A. Geology University of South Florida, 1972

PROFESSIONAL MEMBERSHIPS

  • American Association of Petroleum Geologists
  • AAPG Certified Petroleum Geologist # 2963
  • Florida Professional Geologist # 43
  • Florida Independent Petroleum Producers Association
  • Florida Association of Professional Geologists (Founding Member)
    Publications
  • 1986, Hydrocarbon Exploration Evaluation of the Pulley Ridge Area, offshore South Florida Basin, Transactions - Gulf Coast Association of Geological Societies, Vol. 36, 1986.
  • 1985, Interview on the Hydrocarbon Potential of the South Florida Basin. AAPG Explorer Magazine.
  • 1977, A Study of the Surface Water and Sediment of the Kentucky River, Kentucky Geological Survey, Masters Thesis
  • 1973, Preliminary Study of the Surface Water and Sediment of the Kentucky River, Kentucky Academy of Science.


PROJECTS
1997-Present

  • Continued petroleum consulting work for Collier Resources Company, Naples, Florida. Completed South Florida Basin geological models. Completed hydrocarbon prospect generation, reserve/resources calculations and prospect risk
  • Analysis. Completed geological presentations and negotiations with the Minerals Management Service (MMS) and the Department of the Interior, resulting in a $120,000,000 offer for the purchase by the DOI of Collier Resources Prospective Mineral Acreage in the Big Cypress National Preserve, Collier County.
  • Continued occasional consulting work for Coastal Petroleum Company, Apalachicola, Florida. Reserve/Resources calculations and risk analysis for Coastal's offshore Florida State waters petroleum prospects.


1996-1997

  • Working as a Consulting Petroleum Geologist to Coastal Petroleum Company, Apalachicola, Florida. Identification and development of potential hydrocarbon bearing structural and stratigraphic prospects in Coastal Petroleum's offshore Florida State Waters FSL 224 A&B. The project includes the creation of a computerized geological database including an extensive digitized map and well log database. The project also includes numerous subsurface structural and isopach maps, stratigraphic cross sections, detailed well log analysis and detailed geochemical evaluation of source rock potential. Also assisted in the evaluation and mapping of reprocessed seismic data to identify structural prospects.
  • "Expert Witness" for Coastal Petroleum Company in Its Administrative Hearing Procedure where Coastal received a favorable judgment.
    1989-1996
  • Worked as a Consulting Petroleum Geologist to Collier Resources Company, Naples, Florida. Completed detailed regional and local oil field subsurface geological mapping.
  • Onshore South Florida Basin project: Identified several potential prospects by performing subsurface structural and isopach mapping, constructing multi-well cross sections and detailed well log analysis, volumetrics and reserve estimate calculations. In addition, co-supervised seismic and gravity mapping.
  • Made numerous prospect presentations to interested oil companies in an extensive marketing effort.


1985-1989

  • Worked as Project Manager/Project Geologist for
    Geophysical Company Inc. (GECO), Houston, Texas. Completed hydrocarbon exploration mapping projects in the offshore Pulley Ridge Area of the South Florida Basin, and onshore in the Sunniland Trend. The Project included extensive subsurface mapping, well log interpretation, cross section construction and supervision of the geophysical mapping effort.
  • Additional mapping projects for GECO included a study of the sedimentary basins of the Pacific Northwest and hydrocarbon potential of the basins of Canada. Developed speculative seismic programs for GECO in the offshore California and Alaska Basins, as well as the Eastern Gulf of Mexico.
  • Completed in 1989, a detailed evaluation of the eastern offshore basins of Argentina and worked on a hydrocarbon evaluation of the basins of offshore Uruguay for a GECO seismic reprocessing project.
  • Worked as a consulting petroleum geologist for Scanamerican Consultants Inc., Los Angeles, Ca. / Norwegian International Exploration Company, Oslo, Norway. Worked on a series of hydrocarbon potential evaluation projects including the Fourth Approaches Basin and the Bristol Channel, offshore, United Kingdom. Prepared a review of the offshore basins of India.


1980-1985

  • Transferred to Getty Oil Britain as Chief Geologist, responsible for the technical and administrative supervision of a 14-man geological staff. Also responsible for the formulation of exploration project plans in both currently held and new ventures project areas with an annual exploration budget of 70 million US dollars.
  • Supervised the hydrocarbon potential evaluation of projects in the United Kingdom, onshore and offshore, offshore Ireland, offshore Northwestern Europe, offshore Denmark, offshore North and West Africa including Tunisia and Egypt.
  • Administered and coordinated the economic evaluation of exploration drilling projects, prepared the annual technical project budget and presented the budget to senior Getty Management. Administered and supervised the technical drafting department.
  • Resigned From Getty Oil in June 1984 to return to the United States and set up a geological consulting business specializing in international petroleum geology and the petroleum geology of Florida.


1974-1980

  • Worked as a Staff Geologist for the Getty Oil Company International Exploration and Production Division in Los Angeles, Ca. Responsible for the geological evaluation of the hydrocarbon potential of Southeast Asia, Australia, New Zealand. Also during this period, participated in both geological field mapping and well site geology projects in Peru, Guatemala, West Africa and offshore Spain.


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