At PetroLedger, we get to know our clients pretty well. We want you to know who we are, too. There’s a lot more personality than you might expect to find at a financial firm, and while professionalism is our first order of business, creating a fun work environment is always close behind!
Today we’d like to introduce Neal Boswell, Senior Manager of our Regulatory Department. We sat down with him to get to know him a little better…
What’s your background?
I grew up in Bixby, Oklahoma where I graduated in 1996. From there I went on to college at Oklahoma State University and graduated in 2000 with a degree in accounting. From that point on, I have explored different fields in accounting until 8 years ago when I landed in the oil and gas industry.
After serving in several roles at a couple of different companies, I was given the opportunity to enter the oil and gas industry at Samson Energy as a severance tax accountant. From there, my career on the regulatory side of oil and gas has expanded greatly! I have gained severance tax knowledge in several states including; Texas, Oklahoma, Louisiana, Arkansas, Kansas, New Mexico, Kansas, Wyoming, North Dakota, Montana, West Virginia, and even Alaska. I also have experience with state royalties in most of these same states.
What is the most satisfying aspect of providing outsourcing services to oil and gas customers?
I enjoy providing services to our clients and helping them with any issues they have when it comes to taxes and/or reporting. Not only do I do the work they need done, I enjoy showing them and explaining how what we do helps them avoid penalties with either a local state or federal entity. This avoidance helps add value to them and helps grow their business.
Where do you see this industry in five years?
The next five years will bring more hurdles for the industry. Pricing and value challenges along with an ever-present increase in regulations and taxation will add unnecessary burdens, not only to our current clients, but also many others that will need us even more. Smaller companies will look at experienced and knowledgeable individuals in outsourcing to help them overcome these hurdles. Larger companies will look at savings that can be attained from outsourcing. Our role will increase along with the value we can give to clients over the next five years.