Whether you’re raising capital for an acquisition or farm-in opportunity, or seeking to maximize the value of your asset portfolio, we have people and resources ready to provide independent asset value and development potential evaluations. With extensive understanding of market dynamics and other influencing factors, our experts will help you navigate complex decisions at every stage of your acquisition or divestiture process to ensure you realize the true value in your assets.
For organizations looking to acquire or farm-in to assets we provide support before, during and after an acquisition. For clients looking to divest, farm-out or raise financing we work closely with them to rationalize their portfolios and maximize the value of their assets.
In simple terms we:
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Provide an independent and unbiased evaluation
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Provide our client with what they need to make an informed and confident decision
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Have a core team of experienced petrotechnical experts and ex-oil company personnel, understanding how oil businesses work and think with awareness of key investment drivers
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Utilize proven processes and technology
Acquisition support:
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Portfolio screening aligned to the buyer’s strategy
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Reserves and resource evaluations to establish Petroleum Initially in Place (PIIP) and production forecasts
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Evaluation of exploration license blocks and prospects
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Evaluation of upsides including development projects and exploration prospects
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Subsurface data and model analysis
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Drilling and future plans
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Onshore, subsea, substructures and topsides facilities review
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Field development planning review
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Greenfield and brownfield evaluation
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Operations review including asset and well integrity, maintenance improvement and production performance (uptime)
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Decommissioning liability including P&A and facilities removal
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Project cost estimates and schedules
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CAPEX, OPEX and ABEX cost profiling
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Economic evaluation and screening
We use our experience and expertise to integrate across all disciplines required for a comprehensive technical and commercial evaluation. We tailor the evaluation to the client’s objectives and timescales from a ‘fast-track red flag’ review to a holistic ‘deep-dive’.
Divestiture support:
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Portfolio screening aligned to the seller’s business strategy
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Virtual and physical data room deployment and management
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Management of data room Q&A
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Asset portfolio value including subsurface and facilities development cases
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Planning of IMs and marketing presentations to investors
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Competent Person’s Report (CPR)
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Reserves / resource assessment
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Identify upsides to increase asset value
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Identify fit-for-purpose technology to unlock additional upsides
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Licensing round support
