About ExTex
To schedule a free consultation, please call (303) 463-8799 or fill out our contact form.
Almost 30 years ago, we started with a team of three experienced oil and gas professionals and a simple goal: help oil and gas companies streamline their back office operations. Now, with decades of oil and gas back office outsourcing experience and a team of 40 employees, that is still what we focus on every day. Many of our clients that were with us on Day 1 in 1998 are still with us today!
Services
We offer a full range of division order outsourcing services, from A to Z, including:
- division order services
- title order services
- revenue accounting services
- tax accounting services
- well services
Flexibility
We can meet you where you are at, and take you where you want to go. Whether your main goal is to save money, create efficiencies, ensure compliance, streamline operations – or all of the above – we can provide you with the oil and gas back office outsourcing that you need.
You can use some or all of our back office admin services to:
- replace another division order services company
- replace an accounting firm
- replace an employee
- replace several staff members
- replace an entire department
- catch up on a backlog of work
- improve the quality and compliance of your division order services
- quickly scale up your business
Clients
We work with clients of all sizes, from small oil and gas purchasers and operators to Fortune 100 companies. We are just as happy to tackle a small project as we are a complex portfolio, and we treat every client as if they were our only client!
Associations And Organizations
We are members of:
- National Association of Division Order Analysts (NADOA)
- Denver Association of Division Order Analysts (DADOA)
- Denver Petroleum Club
- North Dakota Petroleum Council (NDPC)
Let’s Talk
We would love to talk about the oil and gas outsourcing services that you need and how we might be able to provide them. To schedule a free consultation, please call (303) 463-8799 or fill out our contact form.
ExTex Division Order Services, LLC is located in the Denver metro area (in Golden, Colorado), and we provide back office admin support for oil and gas companies across the U.S. and Canada.
Our Management Team
Dennis M. Pade – RLP, CDOA, ExTex Founder,
Co-Owner, Manager
Co-Owner of ExTex Division Order Services, LLC. Dennis is a native Coloradan, born in Arvada, educated in Arvada schools with College at both Mesa State College in Grand Junction and Colorado University in Boulder.
Dennis developed, coordinated, and implemented the ExTex Concept of Operations which are the company fundamentals currently in place.
He is a certified Division Order Analyst and a Registered Land Professional with the American Association of Landmen. He is currently an active member of DADOA, NADOA, DAPL, AAPL and NARO.
From 1981-1998, Dennis served as the manager of the Lease Ownership Department for Equiva Trading Company, formerly Texaco Trading and Transportation Inc. (TTTI). He was co-author of the Technical Training Manual for the Division Order Department still in use today by the successors to TTTI.
Chris Pennels – ExTex Founder, Co-Owner,
Manager
Chris has been one of the three co-owners of Extex since its inception. He is currently responsible for the supervision of the Regulatory and Tax divisions, as well as the general accounting and administrative functions of the company.
Chris is a Certified Division Order Analyst through the National Association of Division Order Analysts and a Registered Land Professional through the American Association of Professional Landmen. He is an active member of these organizations, as well as the Denver Association of Division Order Analysts and the Denver Association of Petroleum Landmen.
Chris began his work in the oil and gas industry in 1981 with Grynberg Petroleum Company as a Landman. In 1985 he assumed the same duties with Baumgartner Resources until 1988 when he began as a Contract Division Order Analyst with Texaco Trading and Transportation (TTTI). He became a full-time Division Order Analyst in 1989 and worked at TTTI until 1999 when Extex was formed.
Chris is a graduate of the University of Denver (BSBA, 1977 and MBA, 1981).
Boyd Sanstra – ExTex Founder, Co-Owner,
Manager
Boyd has been a co-owner at ExTex since inception. His current duties include IT development, management, integration of computer hardware, software and database systems. Boyd specializes in unique requirements needed to process oil and gas revenue accounting and division order maintenance within these systems.
From 1989-1998, Boyd served as a Division Order Analyst for Equiva Trading Company. He also provided computer support and was the advisor to the Equiva Information Services Group.
Boyd graduated from the University of Northern Colorado, BSBA in Marketing, 1989.