Experience

Korea National Oil Corporation

• South Korea
• Oil and Gas
• 1 - 100 Employee

• Sr. Treasury and Commercial Manager

  • Sep 2019 - Present

  - Identify business development opportunities, conduct market intelligence analysis- Conduct cash management(Cash call, JIB), capital raising(private equity fund, credit line etc), F/X & Commodity hedging(swap, zcc etc) for KNOC Eagle Ford and its affiliates.- Responsible for legal affairs & contract analysis such as Oil & Gas leases, JOA, marketing agreements, Asset Purchase and Sales Agreement- Evaluate the mid-stream business economics(CoS model), review annual budget and performance, and analyze & negotiate key terms of gathering agreement.- Evaluate economics of commercial contracts including gas processing & transportation, and participate in negotiation to revise the key terms. - Advise the unconventional upstream asset valuation in terms of key assumptions and valuation methodology.- Renew the up/midstream operational insurance(CoW, PD etc), analyzing insurance market trend & premiums.

• Manager, Investment portfolio management

  • Sep 2015 - Present

  -Provide advice on valuation methodologies and key economic assumptions such as oil price, discount rates for oil & gas assets including LNG, Shale gas, Oil sands.-Lead annual investment portfolio assessment for 100+ up & mid stream projects in 10+ countries such as US, Canada, Asia & Middle East based on NPV and risk, establishing the priority for CAPEX allocation and identifying candidates for divestitures.-Established mid-term asset divestment program and supported transactions with valuation analysis and price negotiation.-Develop long-term business portfolio strategy based on macro-level portfolio dynamics such as geography, hydrocarbon type and life cycle, identifying strategic direction for portfolio expansion.-Evaluate business development proposals, analyze key issues of on-going projects including impacts from amendment of Concession agreement, local environmental regulations based on economic analysis and risk assessments.

• Manager, Corporate strategy & Planning

  • May 2013 - Sep 2015

  -Conducted policy & process review for the acquired companies in UK and Canada, identified key problems and recommended solutions for improvements.-Participated in restructuring projects of key acquired companies by redesigning organizational structures, optimizing staffing level.

• Deputy Manager, Domestic investment operation & corporate governance

  • Dec 2004 - Jun 2011

  -Supervised domestic investment portfolio in pipeline & supply vessel businesses, participated the divestiture of equity investment, analyzing legal risk and supporting equity valuation.-Established the Functional-Integration Strategy for cross-border M&A, designing integration procedures and identifying legal issues.-Organized regular meetings for reviewing corporate strategy & operational plans.-Monitored regulatory issues in energy industry & SOE and supported the Board's decision-makings on key management agendas including cross-border M&A.