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President's Message August 2010 Fellow PASH Members,
Welcome to a new and exciting year in the PASH organization. As we begin this fiscal year, we look forward to continuing to serve our companies and the industry by providing current comments, direction, and leadership as well as promoting industry standards and education for petroleum accounting. Many of our committees are actively working on updating COPAS guidelines and developing new publications to promote better accounting practices for our industry. Through our local society, we continue to provide excellent educational and training opportunities to our members and the industry and to support local colleges and universities in their endeavor to provide curriculum pertinent to oil and gas accounting and by providing annual scholarships and grants. We are extremely honored and excited to be hosting the 50th Anniversary of COPAS as part of the 2011 Spring National COPAS meeting to be held the week of April 25, 2011 at The Woodlands Resort & Conference Center. This is an awesome opportunity for PASH to put forth its best for our industry peers and provide the venue for a very special milestone celebration of the COPAS organization. The hosting of this event will involve a significant number of our members to plan and execute. Ilene Grygar and Marcie Huckabee will be leading this committee and we ask your support of their needs for assistance in planning, hosting and executing this event. Our organization has seen an influx of new members in the past few months and we believe this is an opportunistic time to emphasize the need to be responsive to the needs of our new members. Please make them feel at home in the organization and encourage them to become active members and further the purpose of PASH. We will continue to reach out to the new and younger industry accountants to draw them into our organization as they are the future of petroleum accounting. Your board of directors is actively looking for ways to provide more effective and efficient means to operate. We realize that you expect to receive a corresponding value in return for the cost of your membership. Please let your directors know if you have suggestions or ideas that might improve our organization. Sincerely yours, L. Wade Hopper President |