Supporting Acquisitions and Divestments and other commercial activities
TRACS has extensive experience of providing valuations for private and national oil companies, government organisations, banks and financial institutions. We supply Competent Person’s Reports (CPR) to support a range of commercial activities including Acquisitions and Divestments and flotation on stock markets. We deliver Independent Engineer Reports (IER) as part of the Due Diligence process for reserves based lending. We also offer Reserves Audits and certifications prepared in accordance with international standards and have reviewed and developed reserves reporting guidelines for oil companies and national regulatory bodies.
Our TRACS Evaluations teams consist of commercial and technical specialists with experience in subsurface analysis, reserves auditing, commercial evaluations and business consultancy.
An asset and client focussed approach plus the use of innovative tools helps us to estimate a full value range for an asset or portfolio. These techniques can be tuned to address specific issues, such as risk and uncertainty which allows the threats and opportunities to be articulated clearly and, where possible, quantified. We also provide independent advice to buyers and brokers on less tangible aspects such as operator competence, partner issues and other opportunities within the geographic region.
From basin-opening exploration opportunities to mature and complex producing asset portfolios, we are active across the entire E&P landscape.