Millennium Consulting LLC

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915 L Street #C 401, 95814 Sacramento

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David Darouse joins Millennium Consulting, LLC as a Senior Project and Audit Manager and will be Senior Office Manager of Millennium's new Dallas, Texas office. Mr. Darouse brings over 33 years of oil and gas auditing and litigation support to the firm and is nationally known as an expert on federal and state oil and gas royalty regulations and issues. Along with his expert knowledge of federal and state regulatory issues gained through working with the State of Louisiana, he has experience within the oil and gas private industry in the area of regulatory audits and litigation support. Because of the this great range of diversity within the public and private sector Mr. Darouse brings Millennium Consulting, LLC a professional, broad, and impartial view of both federal and state oil and gas regulation and leasing provisions. Prior to joining Millennium Consulting, LLC, Mr. Darouse spent over 30 years with the Louisiana Department of Revenue and the Louisiana Department of Natural Resources. During this time Mr. Darouse held positions as an oil and gas royalty field auditor, audit supervisor, and audit manager. Mr. Darouse remained with the State of Louisiana until 1998 when he accepted a position at Mobil Exploration and Production as a Senior Litigation Support Accountant with responsibility over the Department of Interior's Minerals Management Service royalty audit program along with responsibility over various other state and private royalty owner audits. Mr. Darouse stayed in that position until 1999 when he returned to his position at the State of Louisiana's Department of Natural Resources subsequent to Mobil's merger with Exxon. It was during this time Mr. Darouse was promoted to Manager of Gas Plant Audits until his retirement in September 2006. This diverse and very specialized career has allowed him to become an expert in the area of forensic accounting and auditing of both integrated and independent oil and gas companies for the purpose of computing accurate federal, and state royalties taking into account numerous and complex governmental regulations and the highly controversial commodity value and allowance rules. It is within these areas that Mr. Darouse will aid Millennium Consulting LLC's clients as a litigation and royalty accounting consultant in royalty matters for state and federal properties. This background along with his distinguished career as a Manager with the State of Louisiana makes him an excellent fit for Millennium Consulting and its clients. During Mr. Darouse's career he has sat on many committees and subcommittees representing not only the State of Louisiana, but in some cases, all the oil and gas producing states who have auditing contracts with the Minerals Management Service. Some of the positions he has held include Louisiana's representative since 1989 on the State and Tribal Audit Committee (STRAC) and Louisiana's representative on the Department of the Interior's Royalty Policy Committee (RPC). He was the STRAC representative on numerous rules and policy teams the MMS has organized including the Crude Oil Regulation rewrite team, the Gas Contract Settlements Policy Team, and the FERC 636 rule writing team. In addition, Mr. Darouse has served on committees of the RPC such as the Oil Valuation subcommittee, the Gas Valuation subcommittee, and its Audit Methodology subcommittee. Mr. Darouse currently sits on the Rocky Mountain Mineral Law Foundation's Program Committee for its Bi Annual Special Institute on Federal and Indian royalty issues. He has also addressed the Special Institute on the subject of Oil Valuation in 1998. In addition to auditing royalties, and supervising and managing royalty programs, Mr. Darouse has extensive experience in litigation in areas such as gas valuation, oil valuation, and plant processing issues, as both a deponent and an expert trial witness. During his long career Mr. Darouse has played an instrumental part in the State's audit efforts of companies such as Mobil, Texaco, Chevron, Amoco, Phillips, Exxon, Shell, Kerr McGee and literally hundreds of other oil and gas companies, both large and small. His efforts have been instrumental in collecting over $500,000,000 in additional royalties for the State of Louisiana and well over $100,000,000 dollars in additional royalties for the federal government. Mr. Darouse was one of the state's principle trial witnesses in its oil revaluation lawsuit against Chevron in March 2004, a case won by the state with a jury award of over $102,000,000. He has participated in and helped facilitate over seventy five settlements during his career at the state. During his tenure at Mobil he facilitated the settlement of a case that had been in litigation for years. His skills in negotiating reasonable settlements will be an important benefit to our clients. In addition Mr. Darouse has been project manager over numerous contract audits performed by outside auditors under contract with the state over the years and has seen these projects through to successful conclusion. Mr. Darouse obtained a Bachelor of Science degree from Louisiana State University with a major in Accounting. He has been active in a teaching role as well as an auditing role over the years. In addition to classes Mr. Darouse has taught at the Department of Natural Resources, he has given classes to the State and Tribal auditors , to the various MMS regional offices (Houston, Dallas, Lakewood, Tulsa, and Oklahoma City) and to the Audit Committee of the Western State Land Commissioners.

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915 L Street #C 401, 95814 Sacramento

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