Job: Director Business Development

Title Director Business Development
Location Denver, CO
Job Information

I. SUMMARY
A brief description summarizing the overall purpose and objectives of the position and the results the worker is expected to accomplish.
The Director is responsible for coordinating PDC’s acquisition, divestiture, and business development processes and maintaining and developing numerous business development contacts within the E&P industry. Responsibilities include coordinating all phases of the land, technical, economic, commercial, and other evaluations on target acquisitions, divestitures and business development activities. The Director is responsible for partnering with offset operators on acreage swaps/trades among other business development discussions. This is a visible position with regular interface with PDC’s leadership teams, multiple internal departments, and key external business parties.
II. ESSENTIAL FUNCTIONS
The tasks, duties, and responsibilities of the position that are most important to get the job done.
1. Assumes a key role in seeking, prioritizing, and developing acquisition and business development opportunities for PDC including producing assets, leasehold additions, and potential acreage trades;
2. Pursues a highly proactive approach in sourcing deals initially focused in PDC’s core areas – the Delaware Basin and Wattenberg Field;
3. Continually stays in the deal flow through frequent communications with A&D advisors, E&P companies and investment banks and prepares lists of prioritized acquisition targets;
4. Assists PDC leadership in determining the role and impact of transactions on the company’s annual and long term business plans;
5. Collaborates with reservoir engineering, operations, and geology to identify and evaluate new basins to target for future exploration and production activities;
6. Coordinates overarching efforts to ensure a detailed evaluation of potential land acquisitions which includes partnering with many internal teams to gather detailed economic analysis, as well as operational, reservoir, technical, commercial, and EHS analysis;
7. Works with strategic planning, finance and accounting teams to determine corporate impacts of target acquisition;
8. Works closely with all departments on successful acquisitions to ensure a smooth transition and integration of assets into the PDC organization;
9. Supports negotiation strategies including support of various legal transaction documents;
10. Identifies potential risks, and potential mitigation of risks, related to business development projects.
III. KNOWLEDGE, SKILLS AND ATTRIBUTES
The specific minimum competencies required for job performance.
1. A seasoned oil and gas industry professional who provides numerous contacts within the industry and has a demonstrated track record of executing value added transactions;
2. A respected leader with the ability to expand business development capabilities and effectively communicate his or her ideas to PDC’s leadership teams, internal departments, as well as key external contacts;
Job Title:
Director Business Development
Job Category:
Exploration & Production
Department:
Corporate Development & Strategic Planning
Career Progression Matrix:
TBD
Job Location:
Denver, CO
Career Progression Classification Range:
TBD
Reports to:
Executive VP Corporate Development & Strategy
FLSA Status:
Exempt
Job Description
Director Business Development
Critical features of this job are described under the headings herein. PDC Energy reserves
the right to assign or reassign duties and responsibilities to or from this job at any time.
3. Mature and confident with the ability to understand and analyze complex strategic, financial, and technical issues and then communicate those issue to others so they are easily understood;
4. A well-rounded businessperson with good interpersonal skills and the ability to interact with individuals with diverse cultural backgrounds, and at all levels of the organization;
5. A highly respected individual who demonstrates honesty and integrity as daily values;
6. Superior interpersonal, communication, and business development skills.
IV. SUPERVISORY RESPONSIBILITIES
The scope of the person’s authority, including a list of jobs that report to the incumbent.
This position will likely have at least one direct report with possibility to grow the team.
V. WORKING CONDITIONS
The environment in which the job is performed, especially any unique conditions outside a normal office environment.
1. Consistent with that of a normal office environment;
2. Travel is required in order to establish and maintain external relationships (approximately 25-40%).
VI. MINIMUM QUALIFICATIONS
The minimum level of education, experience, and certifications required to perform the job.
1. Bachelor’s Degree in Energy Management/PLM or petroleum engineering strongly desired, other engineering, or finance disciplines may be considered;
2. Minimum of 15-20 years of related experience in the oil and gas exploration and production industry that includes at least 5 years of leadership in an acquisition, divestiture or business development function with significant experience in the Permian basin, specifically Delaware basin, strongly preferred.
VII. PDC ENERGY VALUES
1. Integrity – We live by our word.
We are always fair and honest, maintain high ethical and moral standards, and will be known for doing what we say we will do.
2. Stakeholder Focus – We treat all stakeholders fairly.
We are ever striving to exceed internal and external stakeholders’ expectations by understanding their requirements and providing excellent service.
3. Responsibility – We depend on performance.
We embrace our individual contribution and commitment to do what is expected of us with unconditional accountability, and we practice safety, show respect for each other, and exhibit positive corporate citizenship at all times.
4. Teamwork – We are one company.
We understand that none of us are as smart as all of us, and will succeed beyond our individual contributions through effective teaming.
5. Sound Growth – We will be here tomorrow.
We will be independent and flexible, manage risk, and develop successful leaders and technical expertise to ensure sustainability and growth.
6. Quality – We innovate and improve.
Job Description
Director Business Development
Critical features of this job are described under the headings herein. PDC Energy reserves
the right to assign or reassign duties and responsibilities to or from this job at any time.
We start with quality in mind and constantly improve through innovation our ability to leverage our strengths, our resourcefulness, and by acting on lessons learned.

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