Energy Economist Edward Hirs Appointed as BDO USA Natural Resources Fellow

CHICAGO–(BUSINESS WIRE)–BDO USA, LLP, one of the nation’s leading accounting and advisory firms,
today announced the appointment of renowned energy economist Edward Hirs
as a Natural Resources Fellow.

In this new role, Hirs will serve as a strategic advisor to BDO’s
Natural Resources practice and work in close collaboration with the
national and global practice leaders, Clark
Sackschewsky and Charles
Dewhurst.

Hirs brings a wealth of direct industry experience to his fellowship
with BDO’s Natural Resources practice. As a current managing director of
Hillhouse Resources, LLC, an independent E&P company with a portfolio of
onshore conventional oil and gas discoveries and prospects, Hirs is
engrained in the day-to-day realities of the U.S. oil and power markets.

Prior positions in the energy industry include serving as partner and
CFO of DJ Resources, a Houston and Denver-based independent oil and gas
company. Hirs began his career at Mobil Oil and later worked at the U.S.
Department of Energy at the Office of Conservation and Solar Energy. He
also ran Hirs & Company, a corporate finance advisory firm, where he
focused on mergers and acquisitions.

“We are very excited to begin working with Ed as a Natural Resources
Fellow. Ed is a well-known voice in the Houston oil and gas market and a
prominent energy economist,” says Clark
Sackschewsky, national leader of BDO’s Natural Resources practice
and tax managing principal for BDO’s Houston office.

Hirs teaches graduate and undergraduate courses in energy economics at
the University of Houston where he is also a fellow with the UH Energy
Initiative. Over the course of his career, Hirs has also taught classes
at Rice University, and Yale University where he founded and chairs an
annual energy conference.

“Ed is at the cutting edge of the international energy market. Beyond
mastering today’s geopolitical complexities, Ed has an eye on the
future,” says Charles
Dewhurst, global leader of BDO’s Natural Resources practice. “Ed
will be a valuable advisor to BDO, as the Natural Resources practice
continues to help clients anticipate future challenges and address them
head on.”

In collaboration with the Yale Graduates Energy Study Group, Hirs
frequently publishes research papers on the Social Science Research
Network. His energy economic analyses, including insights specific to
investment and private equity, regularly appear in national and industry
trade publications such as The Houston Chronicle, Forbes, The New
York Times, and Bloomberg.

Hirs received his MBA, Master of Arts in Economics and Bachelor of Arts
degrees from Yale University. He holds the Chartered Financial Analyst
designation.

About BDO’s Natural Resources practice

BDO’s Natural Resources industry practice provides assurance, tax and
advisory services to emerging and established businesses in the United
States and all over the world who are involved in both the traditional
and alternative energy industries. Our clients often operate across
borders either raising capital or making acquisitions abroad. Our
extensive industry knowledge is supported by our international network
of more than 1,500 offices in 162 countries, allowing us to provide a
consistently high level of service wherever our clients do business.

About BDO

BDO is the brand name for BDO USA, LLP, a U.S. professional services
firm providing assurance, tax, and advisory services to a wide range of
publicly traded and privately held companies. For more than 100 years,
BDO has provided quality service through the active involvement of
experienced and committed professionals. The firm serves clients through
more than 60 offices and over 550 independent alliance firm locations
nationwide. As an independent Member Firm of BDO International Limited,
BDO serves multi-national clients through a global network of 73,800
people working out of 1,500 offices across 162 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S.
member of BDO International Limited, a UK company limited by guarantee,
and forms part of the international BDO network of independent member
firms. BDO is the brand name for the BDO network and for each of the BDO
Member Firms. For more information please visit: www.bdo.com.

Contacts

Bliss Integrated Communication
Kerry Mullen, 212-840-1661
[email protected]