Summary
Overview
Work History
Education
Skills
References
Timeline
Generic

Adam Kong

Corporate Development | Strategy & Commercial | Petroleum Engineer | Oil & Gas | Low-Carbon Fuels | Nature-based Carbon Solutions
Stirling

Summary

Multi-skilled technical and commercial professional with over 17 years of experience in the oil and gas, low-carbon fuels, and nature-based carbon sectors. Key areas of expertise include M&A, subsurface technical due diligence, corporate strategy development, commercial advisory, new venture opportunity screening, and business planning.

Overview

16
16
years of professional experience

Work History

Corporate Development Manager

Carnarvon Energy Limited
5 2021 - Current
  • Manage buy-side and sell-side asset and corporate M&A projects for the Company.
  • Manage the Company's sell-side economic model.
  • Originate and mature M&A opportunities. Work includes opportunity assessments, economics, technical and commercial risk assessments and ranking.

New Energies Business Manager

Carnarvon Energy Limited
07.2022 - 12.2023
  • Oversaw all aspects of the Company's renewable diesel joint venture project.
  • Developed annual strategic business plan and vision for the business unit.
  • Originated new renewable fuel (renewable diesel and sustainable aviation fuel) project concepts and proactively engaged with potential partners to define new project opportunities.
  • Developed commercial term sheets for product offtake, feedstock and partnerships.
  • Led in the assessment of new biofuel technologies and developed a multi-variate screening tool to rank technologies on their quantitative and financial metrics.
  • Led the Company's entrance into the Australian carbon market and delivered a board-sanctioned carbon offsets management strategy.
  • Managed technical, legal and commercial due diligence for direct investments into new soil carbon projects.
  • Delivered a memorandum of understanding with Horizon Power to progress foundational investment into its renewable diesel project.

Business Development Manager

Senex Energy Limited
01.2020 - 04.2021
  • Led and managed Senex's A$87.5m Cooper Basin portfolio sale to Beach Energy (announced 3rd November 2020).
  • Managed merger, acquisition and divestment projects from idea generation to transaction completion.
  • Proactively sought out M&A opportunities aligned with Senex's growth strategy.
  • Led technical and commercial due diligence of management approved M&A opportunities.
  • Screened inbound inorganic growth opportunities against board-approved strategic guardrails.
  • Managed and continuously improved internal business development processes.

Managing Director & Co-Founder

Strategic Resource Advisory Pty Ltd
09.2019 - Current

Co-founded a consultancy firm specializing in Mining Engineering, Petroleum Engineering and Economic Analysis.

Clients Include:

  • Bear Mining Pty Ltd
  • Emperor Energy Ltd

Advisor (Commercial and Business Operations)

Senex Energy Limited | Brisbane, Australia
02.2019 - 12.2019
  • Provided analytical support in negotiations of new Gas Sales Agreements (GSAs).
  • Provided technical and commercial advice on a CSG-to-micro-LNG feasibility study.
  • Constructed economic models and decision-making tools for Senex's Commercial and Exploration teams.
  • Managed farm-out and farm-down transactions of Cooper Basin exploration acreage to potential acquirers.
  • Managed Senex's live 5-year business planning process and delivered monthly insights to the Chief Operating Officer (COO).
  • Provided financial modelling support for the A$50m sale of Senex's Roma North Central Processing Facility to Jemena (announced 17 June 2019)
  • Managed and negotiated the farm-down of Cooper Basin permit PRL 211 to Vintage Energy, Metgasco and Bridgeport Energy (announced 22 November 2019).

Senior Reservoir Engineer – Planning & New Ventures

Senex Energy Limited
4 2016 - 2 2019
  • Coordinated technical and non-technical due diligence process for new venture opportunities.
  • Performed reservoir engineering due diligence on new venture opportunities.
  • Generated and presented new business development ideas for discussion within the Strategic Planning team.
  • Prepared research materials on new oil and gas markets (New Zealand, West Natuna Sea and onshore Western Australia).
  • Coordinated annual strategic business planning and internal portfolio review process.
  • Run economics on exploration, development and new venture opportunities.
  • Maintained and updated the corporate price deck.
  • Managed the Cooper Basin non-core portfolio divestment process.
  • Co-authored and presented the FY19 New Ventures Strategy document to the COO.

Reservoir Engineer / Senior Reservoir Engineer

Senex Energy Limited
03.2011 - 03.2016
  • Performed subsurface studies and generated technical recommendations for assets under my team's management.
  • Prepared field development plans and economics for exploration and development assets under direct responsibility.
  • Represented Senex at Joint Venture Technical Committee Meetings.
  • Led the Company's year-end reserves evaluation process.
  • Mentored and trained junior subsurface team members.
  • Led the tight oil development group within Senex. The work led to an executed farm-in agreement with Halliburton in 2015.
  • Led the development of a resource estimation workflow for the Company's initial 2C tight oil resource booking.

Petroleum Engineer (Production & Operations)

Victoria Petroleum NL
09.2008 - 03.2011
  • Operations support for the Company's Cooper Basin oil fields.
  • Designed artificial lift systems for new Cooper Basin oil wells.
  • Managed 2009 Growler central processing facility expansion project

Safety and Risk Analyst

Department Of Mines And Petroleum
02.2008 - 08.2008

Assisted the senior safety and risk professionals with analysis of pipeline and compressor station safety cases and qualitative risk assessments.

Education

Bachelor of Engineering - Petroleum Engineering

University of Western Australia
Perth, WA
04.2001 -

Skills

    Financial modelling and valuations

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References

Can be provided on request

Timeline

New Energies Business Manager

Carnarvon Energy Limited
07.2022 - 12.2023

Business Development Manager

Senex Energy Limited
01.2020 - 04.2021

Managing Director & Co-Founder

Strategic Resource Advisory Pty Ltd
09.2019 - Current

Advisor (Commercial and Business Operations)

Senex Energy Limited | Brisbane, Australia
02.2019 - 12.2019

Reservoir Engineer / Senior Reservoir Engineer

Senex Energy Limited
03.2011 - 03.2016

Petroleum Engineer (Production & Operations)

Victoria Petroleum NL
09.2008 - 03.2011

Safety and Risk Analyst

Department Of Mines And Petroleum
02.2008 - 08.2008

Bachelor of Engineering - Petroleum Engineering

University of Western Australia
04.2001 -

Corporate Development Manager

Carnarvon Energy Limited
5 2021 - Current

Senior Reservoir Engineer – Planning & New Ventures

Senex Energy Limited
4 2016 - 2 2019
Adam KongCorporate Development | Strategy & Commercial | Petroleum Engineer | Oil & Gas | Low-Carbon Fuels | Nature-based Carbon Solutions