Craig Townsend serves as the Vice President, Chief Accounting Officer, and Controller at Citation Oil & Gas Corp., where he leverages his extensive expertise in finance and accounting to drive strategic initiatives and ensure robust financial management. With a career spanning various facets of the...
Craig Townsend serves as the Vice President, Chief Accounting Officer, and Controller at Citation Oil & Gas Corp., where he leverages his extensive expertise in finance and accounting to drive strategic initiatives and ensure robust financial management. With a career spanning various facets of the energy sector, Craig has honed his skills in financial analysis, SEC reporting, and Sarbanes-Oxley compliance, making him a pivotal figure in navigating the complexities of the oil and gas industry.
At Citation, one of the largest privately-held independent oil and gas acquisition, development, and production companies in the U.S., Craig plays a crucial role in overseeing financial operations and implementing internal controls that safeguard the company’s assets. His leadership has been instrumental in managing key projects, including the planning and execution of mergers and acquisitions that align with the company's growth strategy. Craig's proficiency in business planning and budgeting ensures that Citation remains agile and competitive in a dynamic market characterized by fluctuating natural gas prices and evolving regulatory landscapes.
Moreover, Craig's involvement in the IPO process and investor relations has positioned Citation favorably among stakeholders, enhancing transparency and fostering trust. His adeptness in information system implementations has streamlined financial reporting processes, allowing for timely and accurate U.S. SEC filings. With a keen understanding of both onshore and offshore drilling operations, Craig continues to contribute to Citation’s mission of sustainable energy production while navigating the challenges and opportunities within the energy sector. His multifaceted expertise not only supports Citation's financial health but also reinforces its commitment to operational excellence and strategic growth.