Mergers and Acquisitions
Leveraging its extensive experience, INEXS is well positioned to review reservoir reports, understand production, operations, and projections to provide independent assessments of properties and assets through technical due diligence.
INEXS identifies all of the asset attributes, then generates and provides technical analysis and presentations to better attract and retain interested buyers. INEXS is fully qualified to also assist or market the asset packages through virtual/physical data rooms, prospect expos, trade publications, and identification of potential clients. The team at INEXS has worked well over $1 billion in Mergers & Acquisitions (M&A) and Acquisitions & Divestitures (A&D) as a non-biased third party.
INEXS independently evaluates the realizable economic value of a portfolio of assets and analyzed the current production performance and recommends enhancements to improve results.
- Review third party engineering reports. Confirm technical support for all proven reserves. Check support for acreage, reservoir thickness, porosity, water saturation, pressures.
- Review full presentation of portfolio, identify high value wells, and wells with insufficient support data, then meet with technical team to resolve.
- Generate risk assessment for recoverable reserves and apply these risk factors to create a risked reserve value for all non-producing and undeveloped locations.
- Use identified risk values to identify the high value opportunities, and to downgrade those below key threshold ratios.
- Build full re-completion and drilling schedule to capture all of the high value non-producing and undeveloped locations, and define the Investment necessary to complete the program.
- Review field operations to identify possible improvements to reduce downtime, lower lease operating expenses, increase field level efficiency, and maximize value.
- Generate full written report including complete well database, along with the field re-completion and drilling schedule of field operations over the next several years to maximize the value of the entire portfolio.
- Graphically identify target assets within productive geologic trends
- Generate multiple comparative maps of the target fields to neighboring fields
- Generate multiple type curves, identify D&C costs plus LOE’s and taxes, and PV10 value per well location
- Compare all fields and wells by 90-day IP, cum production, gas oil ratio, hydrocarbon phase, and PV10
- Compare reserves and value of target fields and wells to neighboring fields and operators
- Secure a complete well list from seller, and cross-reference from 3rd party sources
- Interpret the decline curve on every existing well
- Carefully evaluate abandonment pressures and conditions
- Identify potential for tighter well spacing, in-field drilling, multiple benches, longer laterals, increased frac stages
- Identify potential for improved wellbore and reservoir efficiencies
- Identify potential for reducing LOEs, drilling, and completion costs
- Identify potential for expanding the value of the asset by selectively acquiring bolt-on opportunities
- Secure updated P&A costs
- Develop reserves report
- Title check all leases
- Prepare bid
- Secure complete well list from seller, cross-reference from 3rd party sources
- Request outside 3rd party reserve report from seller
- Interpret the decline curve on every existing well
- Carefully evaluate abandonment pressures and conditions
- Identify well spacing, and potential for in-field drilling
- Identify potential for improved wellbore and reservoir efficiencies
- Identify potential for reducing LOEs, drilling, and completion costs
- Identify potential for expanding the value of the asset by selectively acquiring bolt-on opportunities
- Negotiate and discuss preliminary 3rd party reserves audit
- Secure updated P&A costs
- Develop independent reserves report
- Title check all leases
- Prepare bid
