Lee Striplin's Contact Details

Lee Striplin's Company Details

Associated Resources

Amsterdam, NY, US • 5 - 9 Employees
Financial Services

Associated Resources Inc. is an oil and gas land administration firm founded in 1993 for the purpose of helping energy-related businesses organize, administer and manage their post-production requirements. Whether it is reducing the workload or burden of accounting and administration, or maintenance of properties brought about through acquisition, ARI delivers efficient quality and service. Through remote connections or onsite, ARI has a full time staff of associates who work all oil and gas regions of the United States, offering unique knowledge and experience in various disciplines of the industry, including finance, land, law, accounting, operations and information technology.As an established and experienced outsourcing firm, ARI is sensitive to the concerns clients have about sending their work out-of-house. We guarantee security and confidentiality in addition to numerous advantages to using our services such as:•Direct Access to an Experienced Oil and Gas Workforce•Avoid Expanding and Downsizing Staff with Changing Economic Conditions•Lower Overhead and G&A Cost•Use Existing Software•Expand Areas of Capabilities without Adding Employees•Variety of Detailed Billing Reports•SSAE-16 Audit Controls•Service on an "As Needed Basis". Pay only for the Time and Services Required•Reduced Management ChallengesLand Administration:•Division Order•Verify Interest•Prepare and Maintain DOI's•Burden breakdown entry and reporting•Audit Production•Prepare regulatory filing for Eschewed funds•Prepare Obligation reports and distribute funds•Lease Records•Organize, Prepare, and Maintain Lease Record files•Review and Analyze Leases•Set-up Obligations•Data Entry using PetroComp software or remotely in clients softwareAccounting:•Accounts Payable•Joint Interest Billing•Accounts Receivable•Revenue disbursements•Cash Management•Asset•Operational Reporting•General Accounting•Financial Reporting