Review of company operations and financial statements including:

• Overview of business model and current operations
  

• Review of most recent two-year historical financials including operating costs and capital expenditures
  

Overview of oil and gas reserves and production including:

• Reserve report or reserve feasibility study

• Production history; decline curves

• Production offtake agreements

Consideration of regional geology and field development with the following:

• Review the regional trend, field size, number of wells per field, production rates and ultimate production

• Drilling practices, dry hole cost, completion cost, turnkey costs

• Natural gas and crude transportation

• Most likely producible reserves? Probability of success? Initial rates and declines?

• Upside reserves? Probability of success? Initial rates and declines?

• For each well: drilling costs, turnkey or day rate
  

Verify management backgrounds, leasehold and working interest agreements.

To Get Started

For Our Due Diligence.

Information Required​

• Copy of business plan or similar company and operations overview
  
• Management bios
  
• Historical operating and financial results for the most recent two years
  
• Recent independently prepared reserve engineering report or reserve study 
  
• Current and historical production data
  
• Copies of relevant leasehold and working interest agreements
  
• Description of development plans along with relevant pro forma projections