Event Rialto 2019

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Tim Seidel scanned Southern District Exploration org charts from Nov 1990 to June 1991.

After much interest from ARCO Alumni, some organizational charts have been sent to us and scanned. Have a look at who was where within the ARCO team.

Do you have any ARCO memorabilia or photos to share?  Scan them and send them to ARCO Alumni to be featured on the site.

When ARCO Alumnus Mike Smith left the corporate world at 55 years of age, he estimates 100% of his business opportunities were based purely on his contacts and network. Today that figure is approximately 50%.

‘Thism combines grounded oil and gas operational and technical expertise with the more interpersonal sides of a company. We are specialists in the oil and gas sector and have been working for International Operators, Non-Operators and Service Providers since 1976. We hire Associates from our network in the industry that equal our experience and share the Thism company values (Thism Isms').’

Mike quickly learned that once your network generated work is exhausted it is quite a different and challenging task to generate new business. He has found the ARCO network very useful for many reasons, including knowledge sharing, networking, friendship and building trust. He gives an example of how common colleagues are found during conversation: - ‘I met with a potential new client for the first time. He asked me if I knew a particular person in ARCO. I responded that this person was one of my favourite ARCO colleagues and such a wonderful person. He replied ‘he is my father in-law’! From that our conversation and friendliness was on a different and much more familiar level.’

As with many other corporate professionals who decide to form their own companies, one benefit is choosing where to live. Mike runs his business out of Alessandria, Italy, where he lives with his wife Gabrielle and son Joshua. Upon setting up Thism the couple decided that they could run the business from anywhere and so for two years they spent winters in France and summers in Italy. When it was time for Joshua to start school a choice had to be made and ‘Italy was an easy winner’ says Mike. He finds it a challenge to work from Italy due to the bureaucracy involved with tax and the lack of industry network and clients. There is also more and further travel involved than if Thism were UK based.

OE Project - Drilling Engineer - Overseas

A proficient drilling engineer with drilling programs expertise (especially, complex wells - offshore deep wells, HPHT conditions), capable to manage a feasibility study is required.

The right candidate will have:

-Preferably 20+ years in the industry and a sound understanding of drilling technology
-Knowledge of directional drilling, UBD, MPD, completion, workovers and well interventions, abandonment programmes, horizontal drilling, well construction in deep water and heavy oils, well planning and costing 
-Production enhancement; this would be an advantage  
-Good networking skills and an ability to build successful working relationships within different working cultures.

Introducing The Botsford Group

AWS has hosted ARCO Alumni for over a decade.  Our website and eNewsletters share stories about members, companies and opportunities we hope you agree are interesting and valuable to you personally and professionally. An ARCO Alumnus in Dallas introduced us to The Botsford Group and we share with you some investing and lifestyle options in the following story.

Retirement scenario #1, planning misstep: You retired or planned to retire but your portfolio was devastated by an economic meltdown. Now you don’t know if you can ever retire.

Retirement scenario #2, unforeseen misfortune: Everything you have worked for disappears in an instant. The trigger is a car wreck—involving you or your spouse or your children. Grief-stricken survivors sue. Your unprotected portfolio is drained overnight

Undesirable investment scenarios are a dime a dozen these days. However, according to financial expert Erin Botsford, you can secure and maintain your chosen lifestyle regardless of frivolous lawsuits or market ups and downs. The secret, says the adviser who heads The Botsford Group, is adherence to a guiding philosophy that protects wealth by blending risk management with lifestyle-driven investing.

Botsford asserts, “Protecting wealth remains the most important consideration. At Botsford Group we tell our clients:   ‘Assume the other shoe will drop and make sure you are positioned correctly.’ That’s why, despite the economic meltdown, not one Botsford Group client has had to alter their lifestyle, nor hopefully will any of them have to.”

Botsford’s credentials include being ranked 19 out of 100 in Barron’s list of top advisers. Her expert opinions are sought by investor news outlets such as Fortune magazine, Wall Street Journal, Investment News and CNBC.

The 52-year old financial professional is Founder and CEO of The Botsford Group, an independent firm headquartered in Frisco, a suburb of Dallas, and recognized by Barron’s for attracting and retaining its clients. Barron’s writes that this ability is “indicative of strong investment results”.

ARCO Alumnus Syed Bokhari is ready for a new challenge.  With his wealth of experience, Syed is hoping to get a position that utilizes his knowledge either in a general or technical management role. He has worked in many disciplines in the upstream business, lending him the unique advantage of understanding most aspects of the business-a must for a senior manager. Currently living in Pakistan, Syed is flexible regarding location.

Syed thoroughly enjoyed working for ARCO from 1985 to 1997. He tells us “ARCO was a great place to work and make wonderful friends. Even though it was quite large, it gave you the feel of a small company-the camaraderie was great. ARCO was very technically driven and I enjoyed the opportunity to work in so many exciting places across the US and the globe”.

In the oil and gas industry, a love of travelling is an almost mandatory requirement as your career will inevitably take you around the globe. Syed’s career was no different and he loved and enjoyed exploring the world and its people when his career took him away from home.

Originally from Pakistan, Syed settled in the US for 30 years. The lure of starting a new company from scratch however was the impetus for Syed’s return to Pakistan in 2006 after he was approached by investors interested in forming a Pakistani company based on international standards.

“I was fortunate to attract very capable professionals with multinational experience and together we setup a high quality organization.” The company’s success continued and it won two large exploration blocks, brought in multinational partners, acquired seismic, performed several studies and identified 5 high quality prospects in which they plan to drill later this year.  All of this was accomplished in a very short time considering the recent challenging environment (the deep reaching recession and Pakistan's security issues). New Horizon E&P Limited continues to thrive.