-
Identified potential deal options for upstream investments
-
Recommended deal structuring mechanism
CLIENT CHALLENGES
- The client wanted to identify strategic targets for potential investment in the UK North Sea, including both E&P assets and firms
OUR APPROACH
- Based on the client’s potential investment plan,prepared a list of small cap E&P firms operating in the UK North Sea and also a list of last six years’ historical E&P transactions
- Conducted financial research, performed comparable trading analysis, generated key financial and operational trading multiples, and came out with a valuation range for the firms
- Also, analysed comparable transactions, generated key transaction multiples based on the type of transaction (corporate vs assets) and the asset life cycle (producing, under development, exploration), and came out with a valuation range for each asset class
- Compared the historical Brent price with transaction multiples over the years for each asset class type
- Performed outside-in diligence by reviewing annual reports, investor documents, press releases, financial performance, strategic moves and futuristic statements for each firm
IMPACT DELIVERED
- Recommended options to the client for potential investment
- Based on the inference gathered from analysing the historical transactions, suggested the client on the deal structuring mechanism that would suit its strategy
Thank you for sharing your details
Your file will start downloading automatically
If it does not download within 1 minute,
Share this on
