Due Diligence

Due Diligence allows clients to develop a deeper understanding of potential issues, how these issues may impact future operations, as well as the risks and costs associated to resolve the issues. Due Diligence reduces the ‘surprise factors’ and their potential ramifications. Clients will be able to adopt a more proactive approach during the acquisition and divestment process.

Our Due Diligence can include many different scopes but may include:

• Provide independent time and cost estimates and identify areas of greatest uncertainty and risk.
• Verify Basis For Design subsurface and engineering inputs (including pore and fracture pressure gradients, subsurface uncertainty and risks etc).
• Verify selected generic development designs.
• Verify integrity of existing well stock / facilities and advise of potential issues
• Verify development plans and confirm if feasible.
• Verify equipment and material selection and specifications.
• Identification of skills and disciplines necessary to be put in place 
• Verify intended campaign activity schedule.
  
• Identify any special or further engineering and environmental studies and/or special governmental requirements.
• Confirm geological prognosis and proposed development well trajectories/locations with due consideration to ERD nature of well profiles.
• Evaluate the benefits and difficulties of the proposed development designs and provide recommendations on best practices and cost reduction opportunities.
• Verify the documented contracting and procurement strategy.

Our Due Diligence service is advantageous to Investors or Operators who do not have the significant in-house technical expertise required. We provide an independent expert view of the assets in question, giving the client a better understanding of its long term value and enabling them to make more informed investment decisions.