Lance Mierendorf, CPA

Chief Financial Officer at High Arctic Energy Services
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Contact Information
us****@****om
(386) 825-5501
Location
Calgary, CA

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Experience

    • Canada
    • Oil and Gas
    • 100 - 200 Employee
    • Chief Financial Officer
      • Apr 2021 - Aug 2023

      Calgary

    • Canada
    • Oil and Gas
    • 1 - 100 Employee
    • Interim Chief Financial Officer
      • Feb 2020 - May 2021

      Calgary, Canada Area Divergent Energy Services is a Calgary based company providing cost effective, innovative artificial lift solutions that reduce our customer's cost of oil and gas production operations.

    • Oil and Gas
    • 1 - 100 Employee
    • Chief Financial Officer
      • Oct 2018 - Mar 2021

      Calgary, Canada Area Bayshore is focused on the exploitation of advanced technology that increases the productivity and profitability of conventional and unconventional oil.

    • Chief Financial Officer
      • Jan 2012 - Jun 2018

      Calgary, Canada Area Wentworth generates gas revenue in Tanzania and has exploration acreage in Mozambique. The Company's gross production is 80 MMscf/d generating annual revenue is $20 million with a staff complement of 25. When I joined Wentworth in 2012 as CFO, the company was a start-up venture that had recently acquired East African assets and operations from a company in distress. As CFO, I helped successfully turn around the operations, raise >$60m equity in public markets, secure $32m of term debt… Show more Wentworth generates gas revenue in Tanzania and has exploration acreage in Mozambique. The Company's gross production is 80 MMscf/d generating annual revenue is $20 million with a staff complement of 25. When I joined Wentworth in 2012 as CFO, the company was a start-up venture that had recently acquired East African assets and operations from a company in distress. As CFO, I helped successfully turn around the operations, raise >$60m equity in public markets, secure $32m of term debt from the local markets, streamline operations and substantially reduce administrative costs. Show less

    • Canada
    • Oil and Gas
    • 1 - 100 Employee
    • Chief Financial Officer
      • Jan 2011 - Dec 2011

      Calgary, Canada Area Sonoro was a start up company that had raised $10m to fund its investment in an oil concession agreement in the Salah ah Din Province of Iraq and had a staff complement of 15 employees and contractors. As CFO, I hired an accounting team, implemented an accounting system, established financial controls for internal and external reporting, and worked with the executive team and board members to advance the strategic initiatives of the Company.

    • Corporate Controller
      • Oct 2006 - Dec 2010

      Buried Hill was a start up venture when I joined as Corporate Controller in 2006 having recently signed oil and gas concession agreements in Turkmenistan and The Gambia. As Controller reporting to the CFO, I established an accounting team of eight, implemented an accounting system and established financial and operational controls and reporing structures throughout various international jurisdictions. I worked closely with the CFO on complex tax and operational issues and oversaw the… Show more Buried Hill was a start up venture when I joined as Corporate Controller in 2006 having recently signed oil and gas concession agreements in Turkmenistan and The Gambia. As Controller reporting to the CFO, I established an accounting team of eight, implemented an accounting system and established financial and operational controls and reporing structures throughout various international jurisdictions. I worked closely with the CFO on complex tax and operational issues and oversaw the budgeting, forecasting and reporting to the board and external shareholders. Show less

    • United States
    • Oil and Gas
    • 700 & Above Employee
    • Finance Manager - Middle East
      • Apr 2002 - Aug 2006

      Doha, Qatar Anadarko is a USA based oil and gas company with investments throughout the world. Anadarko's Qatar investment generated annual gross oil production of 20,000 bbl/day, undertook annual spending of $40m on exploration and development drilling and seismic and had 80 employees and contractors. As Finance Manager reporting to the in-country General Manager and indirectly to the International Finance Manager based in Houston, Texas, I was responsible for all aspects of finance, accounting… Show more Anadarko is a USA based oil and gas company with investments throughout the world. Anadarko's Qatar investment generated annual gross oil production of 20,000 bbl/day, undertook annual spending of $40m on exploration and development drilling and seismic and had 80 employees and contractors. As Finance Manager reporting to the in-country General Manager and indirectly to the International Finance Manager based in Houston, Texas, I was responsible for all aspects of finance, accounting, information technology and human resources for the company’s activities in Qatar and Oman. I oversaw the financial aspects of the construction of an offshore platform, led the design and implementation of IDEAS accounting software in Qatar, coordinated joint venture audits and reporting to local governments and mentored and trained a multinational staff of eleven. Show less

    • Finance Director - Cyprus
      • Aug 2000 - Apr 2002

      Cyprus Gulfstream Resources was a junior Canadian publicly listed oil and gas company with offices in Canada, Cyprus, Oman and Madagascar with a total of 20 employees and contractors. The Company was acquired by Anadarko in 2001. As Finance Director reporting to the CFO who was based in Calgary, I was responsible for legal, financial accounting and cash management of the Company and managed the Cyprus office which had a staff of four.

    • Treasurer - Calgary
      • Feb 1999 - Jul 2000

      Bonus was the largest oil and gas well service company in Canada in 1999 with over 220 service rigs representing over 25 percent of the market. As Treasurer I reported to the CFO, and was an integral part of the management team through a significant downturn in the industry, which required focused efforts on debt renegotiation and management of debtors and creditors. During this period my key responsibilites were managing weekly cash flow, corporate debt compliance, economic… Show more Bonus was the largest oil and gas well service company in Canada in 1999 with over 220 service rigs representing over 25 percent of the market. As Treasurer I reported to the CFO, and was an integral part of the management team through a significant downturn in the industry, which required focused efforts on debt renegotiation and management of debtors and creditors. During this period my key responsibilites were managing weekly cash flow, corporate debt compliance, economic modeling/forecasting, and preparation/analysis of monthly financial information. I was responsible for consolidating subsidiary accounting records and preparing external statutory reporting and administered the Company’s credit risk and improved the collections process. Show less

    • International Accountant - Siberia, Russia
      • Feb 1997 - Feb 1999

      Tyumen Region, Russian Federation Black Sea was a start up Canadian/Russian joint venture located in Tyumen, Siberia with oil production of 600 bbl per day and approximtely 50 staff excluding field operating personel. As International Accountant reporting to the in-country Finance Director, I was responsible for western GAAP and Russian statutory accounting/reporting and managed the design and implementation of SunSystem accounting software. I implemented efficient internal operational and accounting controls in a… Show more Black Sea was a start up Canadian/Russian joint venture located in Tyumen, Siberia with oil production of 600 bbl per day and approximtely 50 staff excluding field operating personel. As International Accountant reporting to the in-country Finance Director, I was responsible for western GAAP and Russian statutory accounting/reporting and managed the design and implementation of SunSystem accounting software. I implemented efficient internal operational and accounting controls in a difficult/evolving business environment and supervised/trained nine Russian staff in the accounting, economics and information systems departments. Show less

    • Professional Services
    • 700 & Above Employee
    • General Practice Supervisor
      • May 1991 - Jan 1997

      Leader of audit and review engagement teams from September 1994 to January 1997 specializing in junior and intermediate oil and gas companies. Responsible for managing fieldwork and completing all aspects of engagement files with the intent to issue audited financial statements. Extensive experience analysing financial information, accounting issues and disclosure requirements for Canadian corporations with some exposure to U.S. accounting and reporting. Supervised and mentored junior… Show more Leader of audit and review engagement teams from September 1994 to January 1997 specializing in junior and intermediate oil and gas companies. Responsible for managing fieldwork and completing all aspects of engagement files with the intent to issue audited financial statements. Extensive experience analysing financial information, accounting issues and disclosure requirements for Canadian corporations with some exposure to U.S. accounting and reporting. Supervised and mentored junior staff. Show less

Education

  • University of Calgary
    BComm, Accounting
    1987 - 1992
  • Canadian Institute of Chartered Accountants
    Chartered Accountant
    1995 -

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