Advisory
Technical & Commercial Advisory
Independent evaluation for people committing capital
Independent
No stake in the transaction we evaluate
PRMS
Reporting suitable for lenders and regulators
Overview
Capital decisions in this industry are made on the strength of a subsurface story and a spreadsheet. Our advisory practice exists to test both, independently of whoever is promoting the transaction.
We act for operators evaluating an acquisition or farm-in, for banks and investors underwriting an asset, and for agencies assessing submissions from third parties. In each case the deliverable is the same: a defensible view of what the asset is worth, what could go wrong, and how confident anyone should be in the numbers.
Because our geoscience and environmental practices sit in the same building, the technical basis behind an economic model is evaluated by the people who build those models for a living, not accepted at face value from a data room.
Capabilities
Disciplines within advisory
Each of these can be contracted individually or combined into an integrated scope.
Economic Modelling
Full-cycle cash flow models under prevailing Nigerian fiscal terms, with sensitivity, scenario and Monte Carlo analysis on the variables that actually move value.
Risk & Uncertainty Analysis
Probabilistic volumetrics, chance-of-success assessment, expected monetary value ranking and explicit treatment of subsurface and above-ground risk.
Asset Due Diligence
Independent technical and commercial review for acquisitions, divestments and farm-in opportunities, including data room evaluation and red-flag reporting.
Technical Advisory to Financial Institutions
Reserves-based lending support, independent competent person input, portfolio review and ongoing technical monitoring of financed assets.
Reserves & Resources Assessment
Volumetric and performance-based estimation reported in PRMS terminology, suitable for partner, lender and regulatory submission.
Bid & Licensing Round Support
Block screening, prospect ranking, bid economics and submission preparation for operators entering competitive licensing processes.
Deliverables
What you actually receive
Every engagement closes with documentation your team and your regulator can use.
- Full-cycle economic model with documented assumptions
- Risked volumetric and chance-of-success assessment
- Independent technical due diligence report
- Reserves and resources statement in PRMS terminology
- Bid recommendation with economic ranking
Other practices
Start a conversation
Tell us the problem. We will tell you honestly whether we are the right people.
Whether it is a subsurface evaluation, an environmental clearance, a digital build or a manpower requirement, send it over and a practice lead will respond directly.